$13,000
SOLD JUN 2, 2025
2 Beds
1 Bath
1,000-1,199 Sq Ft
13,939 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

48% Below List Price

37 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring
  • Great Room
  • Porch
  • Central Heating and Cooling System

About This Home

As of June 2025

LOOKING FOR INVESTMENT PROPERTY TO ADD TO YOUR PORTFOLIO, THEN THIS COULD BE THE ONE FOR YOU. THIS 2 BEDROOM 1 BATH HOME HAS SPACIOUS INTERIOR AND SITS ON LARGE LOT. WITH SOME TLC THIS PROPERTY COULD BE ONE OF YOUR PRIZE POSSESIONS IN YOUR PORTFOLIO. INTERSTATE 5 MINUTES AWAY ALONG WITH RESTURANTS,GAS AND ATTRACTIONS.

Last Agent to Sell the Property

Juan Brooks

Process Realty Services License #272549 Listed on: 03/19/2025

Last Buyer's Agent

Juan Brooks

Process Realty Services License #272549 Listed on: 03/19/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 69x203

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,081 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Aluminum Window Frames
  • Great Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Mary F Raines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075017 00085

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0.32 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MARY F RAINES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1081
  • Year Built: 1927
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room, Pantry
  • 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: Porch
  • Exterior Windows: Wood/Composition, Aluminum Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad, On-Street Parking

Utilities

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

Lot Info

  • Lot Number: 17 & 18
  • Acreage: 0.32
  • Lot Size: 69X203
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 075017 00085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Jun 11, 2025
Sold by
Reinvestment Homes Llc
Bought by
Rayford Kevin
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Juan Brooks
Process Realty Services
List Price
$24,900
Sold Price
$13,000
Premium/Discount to List
-$11,900
-47.79%
Views
103
Current Estimated Value
$53,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,629
Avg. Annual Appreciation
463.06%

Purchase Details

Listed on
Mar 19, 2025
Closed on
Jun 2, 2025
Sold by
American Homeowner Preservation Trust and Us Bank Trust National Association
Bought by
Reinvestment Homes Llc
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Juan Brooks
Process Realty Services
List Price
$24,900
Sold Price
$13,000
Premium/Discount to List
-$11,900
-47.79%
Views
103

Purchase Details

Closed on
Sep 10, 2024
Sold by
Marinosci Law Group Pc
Bought by
American Homeowner Preservation Trust and Us Bank Trust

Purchase Details

Closed on
May 10, 2006
Sold by
Perimeter Investments Llc
Bought by
Scott James Fredrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
10.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Perimeter Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,865
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Patton Alfred
Bought by
Wells Fargo Bank Minnesota Na and Home Equity Loan Asset Backed Certificat

Purchase Details

Closed on
Jan 11, 2001
Sold by
Noel Harold D
Bought by
Patton Alfred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $13,000 None Listed On Document
Trustee Deed $5,000 None Listed On Document
Warranty Deed $64,000 Memphis Escrow & Title Co
Corporate Deed $20,000 Associates Closing & Title
Trustee Deed $18,609 --
Warranty Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,200 Fannie Mae Freddie Mac
Previous Owner $25,865 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Sold $13,000 -34.7% $13 / Sq Ft
05/20/2025 05/20/25 Price Changed $19,900 -20.1% $20 / Sq Ft
05/15/2025 05/15/25 For Sale $24,900 0.0% $25 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $24,900 -16.7% $25 / Sq Ft
03/19/2025 03/19/25 For Sale $29,900 -- $30 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $206 $12,625 $1,650 $10,975
2024 $206 $6,075 $1,175 $4,900
2023 $370 $6,075 $1,175 $4,900
2022 $370 $6,075 $1,175 $4,900
2021 $374 $6,075 $1,175 $4,900
2020 $511 $7,050 $1,175 $5,875
2019 $511 $7,050 $1,175 $5,875
2018 $511 $7,050 $1,175 $5,875
2017 $290 $7,050 $1,175 $5,875
2016 $318 $7,275 $0 $0
2014 $318 $7,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10192392

Memphis Area Association of REALTORS®

APN: 07-5017-0-0085

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