NOT LISTED FOR SALE

Estimated Value: $125,477 - $157,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $83,000 $69 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $799/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $825 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/25/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $647

Year Built

  • Built in 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,165 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Winchester Heights 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073063 00067

Home Details

Home Type

Single Family

Est. Annual Taxes

$647

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772B
  • MAAR Subdivision Name: WINCHESTER HEIGHTS 3RD ADD
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 71.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1165
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 31
  • Acreage: 0.18
  • Lot Size: 8060
  • Price Per Acre: 461111

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073063 00067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 16, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Ridao Mark Adrian T
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$83,000
Sold Price
$83,000
Current Estimated Value
$139,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,869
Avg. Annual Appreciation
8.39%
Original Mortgage
$56,400
Outstanding Balance
$49,685
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$90,184

Purchase Details

Closed on
Dec 21, 2018
Sold by
Hall Jeffrey S
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2006
Sold by
Jhlm Investments Llc
Bought by
Hall Jeffery S

Purchase Details

Closed on
Dec 15, 2005
Sold by
Hall Jeffery S
Bought by
Jhlm Investments Llc

Purchase Details

Closed on
Jul 25, 2003
Sold by
Muskin Venson and Simmons Catrina
Bought by
Hud

Purchase Details

Closed on
Jun 7, 1999
Sold by
Lewis Jones and Lewis Sandra P
Bought by
Muskin Venson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,951
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1995
Bought by
Lewis Jones and Lewis Sandra P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ridao Mark Adrian T $83,000 Delta Title Services Llc
Memphis Investment Rental Properties Llc $36,430 Closetrak Closing & Title Se
Hall Jeffery S -- None Available
Jhlm Investments Llc -- --
Hud $70,155 --
Muskin Venson $66,000 --
Lewis Jones $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridao Mark Adrian T $56,400
Previous Owner Memphis Investment Rental Properties Llc $65,000
Previous Owner Muskin Venson $65,951
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $83,000 0.0% $83 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $83,000 -- $83 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $647 $30,000 $4,125 $25,875
2024 $647 $19,100 $2,875 $16,225
2023 $1,164 $19,100 $2,875 $16,225
2022 $1,164 $19,100 $2,875 $16,225
2021 $659 $19,100 $2,875 $16,225
2020 $964 $13,300 $2,875 $10,425
2019 $425 $13,300 $2,875 $10,425
2018 $425 $13,300 $2,875 $10,425
2017 $435 $13,300 $2,875 $10,425
2016 $560 $12,825 $0 $0
2014 $560 $12,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048761

Memphis Area Association of REALTORS®

APN: 07-3063-0-0067