Seller's Agent in 2024
Audrey Davis
RE/MAX
(901) 409-0237
7 in this area
121 Total Sales
3054 Lotus Rd Memphis, TN 38109
Westwood NeighborhoodEstimated Value: $58,000 - $103,000
2
Beds
1
Bath
1,000-1,199
Sq Ft
$62/Sq Ft
Est. Value
Highlights
- 0.61 Acre Lot
- Separate Formal Living Room
- Central Heating
- Traditional Architecture
- Eat-In Kitchen
- Dining Room
About This Home
As of July 2024This two-bedroom, one-bathroom house is a prime investment opportunity. It needs cosmetic repairs but is sold as-is, making it a convenient project for investors. Located in a desirable neighborhood, with solid bones and potential for a great return on investment.
Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 82x328
- Wood Fence
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,152 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Dining Room
- Partially Carpeted
- Iron Doors
- Eat-In Kitchen
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating
Community Details
- Belmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 075005 00030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Jul 10, 2024
Sold by
Pistis Llc
Bought by
Gomez Jose Elias and Gomez-Reyes Deysi Yolanda
Seller's Agent
Audrey Davis
REMAX Experts
Buyer's Agent
Patricia Padial
KAIZEN Realty, LLC
List Price
$29,000
Sold Price
$23,000
Premium/Discount to List
-$6,000
-20.69%
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,790
Avg. Annual Appreciation
115.54%
Purchase Details
Listed on
Mar 3, 2023
Closed on
Mar 31, 2023
Sold by
Family First Lc
Bought by
Pisti Llc
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Quintavius Burdette
REMAX Experts
List Price
$33,900
Sold Price
$33,900
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.14%
Purchase Details
Closed on
Jul 25, 2016
Sold by
Politcal Shelby A
Bought by
Grandberry Lataura
Purchase Details
Closed on
Jun 24, 2013
Sold by
Bbc Holdings Inc
Bought by
Family First Llc
Purchase Details
Closed on
Aug 5, 2009
Sold by
Alexander Charles W
Bought by
Bbc Holdings Inc
Purchase Details
Closed on
Nov 21, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Alexander Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 21, 2006
Sold by
Griggs Travis D
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2005-Wl2
Purchase Details
Closed on
Apr 25, 2005
Sold by
Nosam Investents Llc
Bought by
Griggs Travis D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 2005
Sold by
Jpmorgan Chase Bank Na
Bought by
Nosam Investments Inc
Purchase Details
Closed on
Mar 25, 2004
Sold by
Bumpous Juanita
Bought by
Bank One
Purchase Details
Closed on
Jan 26, 1998
Sold by
Bumpous Henry Deaton
Bought by
Bumpous Juanita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gomez Jose Elias | $23,000 | Titan Title Services | |
| Pisti Llc | $33,900 | None Listed On Document | |
| Grandberry Lataura | $140 | None Available | |
| Family First Llc | $171,638 | None Available | |
| Bbc Holdings Inc | $45,000 | None Available | |
| Alexander Charles | $13,700 | Resource Title Of Tennessee | |
| Deutsche Bank National Trust Co | $36,400 | None Available | |
| Griggs Travis D | $58,000 | -- | |
| Nosam Investments Inc | $5,000 | Edco Title & Closing Service | |
| Bank One | $29,681 | -- | |
| Bumpous Juanita | -- | First Title Corporation | |
| Bumpous Juanita | -- | First Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alexander Charles | $54,400 | |
| Previous Owner | Griggs Travis D | $52,200 | |
| Previous Owner | Bumpous Juanita | $34,000 | |
| Closed | Griggs Travis D | $2,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $23,000 | -20.7% | $23 / Sq Ft | |
| 07/02/2024 07/02/24 | Pending | -- | -- | -- | |
| 06/23/2024 06/23/24 | For Sale | $29,000 | 0.0% | $29 / Sq Ft | |
| 06/23/2024 06/23/24 | Price Changed | $29,000 | -23.7% | $29 / Sq Ft | |
| 05/15/2024 05/15/24 | Pending | -- | -- | -- | |
| 04/26/2024 04/26/24 | For Sale | $38,000 | +12.1% | $38 / Sq Ft | |
| 03/31/2023 03/31/23 | Sold | $33,900 | 0.0% | $34 / Sq Ft | View Prior Sale |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- | |
| 03/03/2023 03/03/23 | For Sale | $33,900 | -- | $34 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $13,075 | $2,450 | $10,625 |
| 2024 | $187 | $5,525 | $1,525 | $4,000 |
| 2023 | $337 | $5,525 | $1,525 | $4,000 |
| 2022 | $337 | $5,525 | $1,525 | $4,000 |
| 2021 | $341 | $5,525 | $1,525 | $4,000 |
| 2020 | $658 | $9,075 | $1,525 | $7,550 |
| 2019 | $658 | $9,075 | $1,525 | $7,550 |
| 2018 | $658 | $9,075 | $1,525 | $7,550 |
| 2017 | $373 | $9,075 | $1,525 | $7,550 |
| 2016 | $397 | $9,075 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Audrey Davis
-
Patricia Padial
Buyer's Agent in 2024
Patricia Padial
KAIZEN Realty, LLC
(901) 626-3437
7 in this area
57 Total Sales
-
Lowell Brister
L
Seller's Agent in 2023
Lowell Brister
Leco Realty, Inc.
(901) 508-4737
1 in this area
123 Total Sales
-
Quintavius Burdette
Buyer's Agent in 2023
Quintavius Burdette
RE/MAX
(662) 292-7136
1 in this area
305 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10171038
APN: 07-5005-0-0030
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