NOT LISTED FOR SALE

Estimated Value: $101,000 - $120,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $113,500 $71 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $644/month

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of October 2022

Terrific investment opportunity. Brick home. Tenant occupied property. Professionally managed. Currently rented for $925/mo. Do not disturb tenant. No showings without an accepted offer. No wholesale or assignments.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 06/07/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Mayra Viscaya

Fast Track Realty, LLC License #336132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x175
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,476 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lamar Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073003 00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$564

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 771A
  • MAAR Subdivision Name: LAMAR ACRES
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1476
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 20
  • Acreage: 0.3
  • Lot Size: 75X175
  • Price Per Acre: 396333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073003 00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Oct 5, 2022
Sold by
Freedom Life Ira Llc
Bought by
Fairmont Enterprises Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mayra Viscaya
Fast Track Realty, LLC
List Price
$121,900
Sold Price
$113,500
Premium/Discount to List
-$8,400
-6.89%
Current Estimated Value
$112,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,455
Avg. Annual Appreciation
-0.43%
Original Mortgage
$90,800
Outstanding Balance
$43,980
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$68,065

Purchase Details

Closed on
Mar 20, 2020
Sold by
Equity Trust Company
Bought by
Freedom Life Ira Llc

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 3, 2017
Sold by
Rei Nation Llc
Bought by
Equity Trust Company Custodian
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$83,900
Sold Price
$82,900
Premium/Discount to List
-$1,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Purchase Details

Listed on
Jan 20, 2017
Closed on
Jan 18, 2017
Sold by
Lelius Roger B and Lelius Pamela B
Bought by
Rei Nation Llc
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$83,900
Sold Price
$82,900
Premium/Discount to List
-$1,000
-1.19%

Purchase Details

Closed on
May 18, 2011
Sold by
Melius Roger B
Bought by
Melius Roger B and Melius Pamela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Memphis Invest Gp
Bought by
Melius Roger B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Hubbard Jack and Gunn Chester Pamela Hubbard
Bought by
Memphis Invest G P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
4.85%
Mortgage Type
New Conventional
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
Fairmont Enterprises Llc $113,500 --
Freedom Life Ira Llc -- None Available
Equity Trust Company Custodian $82,900 None Available
Rei Nation Llc $57,000 None Available
Melius Roger B -- None Available
Melius Roger B $57,000 None Available
Memphis Invest G P $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairmont Enterprises Llc $90,800
Previous Owner Melius Roger B $45,600
Previous Owner Memphis Invest G P $40,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $113,500 -4.5% $81 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $118,900 -2.5% $85 / Sq Ft
06/07/2022 06/07/22 For Sale $121,900 +47.0% $87 / Sq Ft
02/07/2017 02/07/17 Sold $82,900 -1.2% $59 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $83,900 -- $60 / 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 $564 $22,925 $2,750 $20,175
2024 $564 $16,650 $1,900 $14,750
2023 $1,014 $16,650 $1,900 $14,750
2022 $1,014 $16,650 $1,900 $14,750
2021 $574 $16,650 $1,900 $14,750
2020 $1,034 $14,275 $1,900 $12,375
2019 $456 $14,275 $1,900 $12,375
2018 $456 $14,275 $1,900 $12,375
2017 $467 $14,275 $1,900 $12,375
2016 $617 $14,125 $0 $0
2014 $617 $14,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10125777

Memphis Area Association of REALTORS®

APN: 07-3003-0-0063