NOT LISTED FOR SALE

Estimated Value: $101,000 - $130,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $79,900 $67 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $688/month

Highlights

  • Wood Flooring
  • Den
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Patio
  • Level Lot

About This Home

As of August 2020

Recent Repairs. Move In Ready or Rent Ready, whether you are looking to add as a rental property or to move in yourself! Close to the airport means unlimited rental demand for investors. Quiet street with close knit neighbors means fantastic spot for families looking for high quality at affordable price point!

Last Agent to Sell the Property

Marq Cobb

Myers Cobb Realtors, LLC License #316826 Listed on: 06/05/2020

Last Buyer's Agent

Marq Cobb

Myers Cobb Realtors, LLC License #316826 Listed on: 06/05/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1956

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,124 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Den

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Kensington Gardens Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060199 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 771B
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK B
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 71.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1124
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 148
  • Acreage: 0.28
  • Price Per Acre: 285357

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060199 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 17, 2020
Sold by
Equity Trust Co
Bought by
Coleman Cornelius
Seller's Agent
Marq Cobb
Myers Cobb Realtors, LLC
Buyer's Agent
Marq Cobb
Myers Cobb Realtors, LLC
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$118,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,841
Avg. Annual Appreciation
8.00%
Original Mortgage
$78,452
Outstanding Balance
$69,463
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$49,278

Purchase Details

Closed on
Oct 15, 2010
Sold by
Memphis Invest Gp
Bought by
Equity Trust Company and Claudette Josephs Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,725
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2010
Sold by
Stable Investments Llc
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,725
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2010
Sold by
Fannie Mae
Bought by
Stable 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
$38,725
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2010
Sold by
Lee Edwardo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 11, 2008
Sold by
Mdm Investments
Bought by
Lee Edwardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Mdm Investments

Purchase Details

Closed on
May 25, 2006
Sold by
Boyd Robyn
Bought by
Deutsche Bank National Trust Co and Certificateholders Of Carrington Mortgag

Purchase Details

Closed on
Mar 3, 2005
Sold by
Freeman Land Trust
Bought by
Boyd Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2004
Sold by
Associates Financial Svcs Of America Inc
Bought by
Freeman Land Trust and Terrell Jason

Purchase Details

Closed on
Apr 30, 2004
Sold by
Norman Reginald B and Norman Jacquelyn D
Bought by
Associates Financial Svcs Of America Inc

Purchase Details

Closed on
Jun 26, 1998
Sold by
Associates Home Equity Services
Bought by
Norman Reginald B and Norman Jacquelyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,529
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 1998
Sold by
Lofties Laruth K
Bought by
Associates Home Equity Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,529
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 1995
Bought by
Lofties Laruth K
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Coleman Cornelius $79,900 None Available
Equity Trust Company $56,100 None Available
Memphis Invest Gp $24,900 None Available
Stable Investments Llc $20,400 None Available
Federal National Mortgage Association $95,439 None Available
Lee Edwardo $88,000 Baymark Title & Escrow Servi
Mdm Investments $25,000 Lehman Land Title Inc
Deutsche Bank National Trust Co $77,000 None Available
Boyd Robyn $85,000 --
Freeman Land Trust $44,000 Associates Closing & Title
Associates Financial Svcs Of America Inc $51,500 --
Norman Reginald B $51,500 --
Associates Home Equity Services $40,000 --
Lofties Laruth K $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Cornelius $78,452
Previous Owner Memphis Invest Gp $38,725
Previous Owner Lee Edwardo $83,600
Previous Owner Boyd Robyn $80,750
Previous Owner Norman Reginald B $52,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $79,900 0.0% $80 / Sq Ft
06/08/2020 06/08/20 For Sale $79,900 0.0% $80 / Sq Ft
06/08/2020 06/08/20 Off Market $79,900 -- --
06/08/2020 06/08/20 Price Changed $79,900 +6.7% $80 / Sq Ft
06/05/2020 06/05/20 For Sale $74,900 -- $75 / 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 $672 $26,675 $3,375 $23,300
2024 $672 $19,825 $2,750 $17,075
2023 $1,208 $19,825 $2,750 $17,075
2022 $1,208 $19,825 $2,750 $17,075
2021 $1,435 $19,825 $2,750 $17,075
2020 $1,011 $13,950 $2,750 $11,200
2019 $446 $13,950 $2,750 $11,200
2018 $446 $13,950 $2,750 $11,200
2017 $456 $13,950 $2,750 $11,200
2016 $611 $13,975 $0 $0
2014 $611 $13,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078009

Memphis Area Association of REALTORS®

APN: 06-0199-0-0010