NOT LISTED FOR SALE

Estimated Value: $120,000 - $149,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $130,000 $93 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $774/month

25 Days on Market

About This Home

As of May 2024

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,251/month. The lease ends on 02/28/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/12/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/12/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 95x120

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,309 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Parkway Village Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074009 00019

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK C
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1309
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Lot Info

  • Lot Number: 543
  • Acreage: 0.28
  • Lot Size: 95X120

Tax Info

  • Assessor Parcel Number: 074009 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 7, 2024
Sold by
Ten Props Llc
Bought by
Red Oak Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Views
15
Current Estimated Value
$137,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,949
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 12, 2022
Sold by
Siddiqui Suhel
Bought by
Ten Props Llc
Seller's Agent
Elizabeth Hendricks
Groome & Co.
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$129,000
Sold Price
$111,547
Premium/Discount to List
-$17,453
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$83,668
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 3, 2022
Sold by
Memfixerupper Gp
Bought by
Siddiqui Suhel and Siddiqui Faraaz
Seller's Agent
Elizabeth Hendricks
Groome & Co.
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$129,000
Sold Price
$111,547
Premium/Discount to List
-$17,453
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,668
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2021
Sold by
Tolbert Vickie
Bought by
Gp Memfixerupper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2002
Sold by
Janick Diane W
Bought by
Tolbert Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
6.21%

Purchase Details

Closed on
Feb 28, 2000
Sold by
Woods Hazel L
Bought by
Janick Diane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,136
Interest Rate
8.5%
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 Buyer Sale Price Title Company
Red Oak Properties Llc $130,000 Local Title
Ten Props Llc -- Local Title
Siddiqui Suhel $111,557 Edco Title & Closing Services
Gp Memfixerupper $80,000 Edco Ttl & Closing Svcs Inc
Tolbert Vickie $69,900 --
Janick Diane W $63,000 --
Janick Diane W $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siddiqui Suhel $83,668
Previous Owner Gp Memfixerupper $85,000
Previous Owner Tolbert Vickie $69,900
Previous Owner Janick Diane W $55,136
Closed Janick Diane W $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $130,000 -3.6% $108 / Sq Ft
04/12/2024 04/12/24 For Sale $134,900 +20.9% $112 / Sq Ft
11/04/2022 11/04/22 Sold $111,547 -13.5% $93 / Sq Ft View Prior Sale
10/14/2022 10/14/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $129,000 -- $108 / 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 $625 $31,775 $4,000 $27,775
2024 -- $18,450 $3,000 $15,450
2023 $1,124 $18,450 $3,000 $15,450
2022 $1,124 $18,450 $3,000 $15,450
2021 $1,137 $18,450 $3,000 $15,450
2020 $1,043 $14,400 $3,000 $11,400
2019 $460 $14,400 $3,000 $11,400
2018 $460 $14,400 $3,000 $11,400
2017 $471 $14,400 $3,000 $11,400
2016 $647 $14,800 $0 $0
2014 $647 $14,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169976

Memphis Area Association of REALTORS®

APN: 07-4009-0-0019