NOT LISTED FOR SALE

Estimated Value: $105,000 - $138,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $84,900 $61 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $704/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Combination Dining and Living Room
  • Den
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of December 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 09/18/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,308 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Winchester Heights 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073063 00045

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772B
  • MAAR Subdivision Name: WINCHESTER HEIGHTS 3RD ADD
  • List Price Per Sq Ft: 65
  • Number Of Stories: 1
  • Price Per Sq Ft: 64.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1308
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 9
  • Acreage: 0.18
  • Lot Size: 8060
  • Price Per Acre: 471667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 073063 00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Sr Flats Inc
Bought by
G & A Prestige Investments Llc
Current Estimated Value
$119,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 14, 2018
Sold by
Memphis Investments Rentals Properties L
Bought by
Sr Flats Inc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$84,900
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Super Shay Holdings Llc
Bought by
Memphis Investment Rental Properties L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.52%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 16, 2014
Sold by
Paynter John
Bought by
Super Shay Holdings Llc
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Stephen Mansour
REMAX Experts
List Price
$32,000
Sold Price
$27,000
Premium/Discount to List
-$5,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Memphis Investment Rental Properties Llc
Bought by
Paynter Patrick John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2009
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 3, 2009
Sold by
Porcher Joseph A and Porcher Betty A
Bought by
Tennessee Housing Development Agency
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
G & A Prestige Investments Llc $109,000 Haven Title
Sr Flats Inc $84,900 Delta Title Services Llc
Memphis Investment Rental Properties L $38,000 --
Super Shay Holdings Llc $27,000 Saddle Creek Title
Paynter Patrick John $46,900 Tam Title & Escrow Llc
Secretary Of Housing & Urban Development $31,732 None Available
Tennessee Housing Development Agency $31,732 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G & A Prestige Investments Llc $111,200
Closed G & A Prestige Investments Llc $110,000
Previous Owner Memphis Investment Rental Properties L $50,000
Previous Owner Memphis Investment Rental Properties L --
Previous Owner Memphis Investment Rental Properties Llc $28,000
Previous Owner Porcher Joseph Allen $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $84,900 0.0% $71 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $84,900 +214.4% $71 / Sq Ft
12/16/2014 12/16/14 Sold $27,000 -15.6% $23 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $32,000 -- $27 / 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 $623 $28,225 $4,125 $24,100
2024 $623 $18,375 $2,875 $15,500
2023 $1,119 $18,375 $2,875 $15,500
2022 $1,119 $18,375 $2,875 $15,500
2021 $1,132 $18,375 $2,875 $15,500
2020 $1,223 $16,875 $2,875 $14,000
2019 $539 $16,875 $2,875 $14,000
2018 $424 $13,275 $2,875 $10,400
2017 $434 $13,275 $2,875 $10,400
2016 $560 $12,825 $0 $0
2014 $560 $12,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10036823

Memphis Area Association of REALTORS®

APN: 07-3063-0-0045