NOT LISTED FOR SALE

Estimated Value: $82,000 - $129,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $20,550 $13 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $540/month

10 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • Dining Room

About This Home

As of November 2018

A 3 bedroom, 1.5 bath home located on .48 acre. Property is Owned by US Dept. of HUD; case# 482-410214; IE (insured escrow) subject to appraisal, Seller makes no representations or warranties as to the property condition. HUD homes are sold "as is" Pre-1978 Properties to include LBP Notices, Equal Housing Opportunity, Seller may contribute up to 3% for buyer closing cost upon buyer request

Last Agent to Sell the Property

Chad Engelke

United Real Estate Mid South License #314041 Listed on: 10/05/2018

United Real Estate Mid South

Co-Listed By

Ed Engelke

United Real Estate Mid South License #309830

Last Buyer's Agent

Christine Abston

REMAX Experts License #250893

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,430 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075006 00022

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BELMONT
  • List Price Per Sq Ft: 13
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1430
  • 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 Hardwood, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 26
  • Acreage: 0.48
  • Lot Size: .48

Tax Info

  • Assessor Parcel Number: 075006 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 5, 2018
Sold by
Carson Ben
Bought by
Sargent Lonzo
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Christine Abston
REMAX Experts
List Price
$18,500
Sold Price
$20,550
Premium/Discount to List
$2,050
11.08%
Current Estimated Value
$98,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,151
Avg. Annual Appreciation
24.50%

Purchase Details

Closed on
Jun 8, 2018
Sold by
Bank Of America Na
Bought by
The Secretary Of The Us Department Of Ho

Purchase Details

Closed on
Jun 1, 2018
Sold by
Jones Charlene G
Bought by
Bank Of America N A

Purchase Details

Closed on
Aug 10, 2009
Sold by
Cole Larico
Bought by
Jones Charlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2007
Sold by
Woodall Doris Jean
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sargent Lonzo $20,550 None Available
The Secretary Of The Us Department Of Ho -- None Available
Bank Of America N A $33,540 None Available
Jones Charlene G $65,000 Baymark Title & Escrow Servi
Hud $34,115 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Charlene G $63,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $20,550 +11.1% $15 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $18,500 -- $13 / 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 $270 $15,150 $2,350 $12,800
2024 $270 $7,950 $1,475 $6,475
2023 $484 $7,950 $1,475 $6,475
2022 $484 $7,950 $1,475 $6,475
2021 $274 $7,950 $1,475 $6,475
2020 $732 $10,100 $1,475 $8,625
2019 $323 $10,100 $1,475 $8,625
2018 $323 $10,100 $1,475 $8,625
2017 $330 $10,100 $1,475 $8,625
2016 $453 $10,375 $0 $0
2014 $453 $10,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038178

Memphis Area Association of REALTORS®

APN: 07-5006-0-0022