$70,000
SOLD DEC 20, 2024
4 Beds
1 Bath
1,400-1,599 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

7% Below List Price

5 Days on Market

About This Home

As of December 2024

Investment opportunity in the Shelby area. 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: 11/15/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/15/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x132

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,408 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Jackson Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038004 00004

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: JACKSON TERRACE
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1408
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 67
  • Acreage: 0.23
  • Lot Size: 80X132
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 038004 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 16, 2022
Sold by
Buy And Sell Memphis Now Llc
Bought by
Whitestone Real Estate Fund Iii Lp
List Price
$76,785
Sold Price
$78,785
Premium/Discount to List
$2,000
2.6%
Current Estimated Value
$74,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,483
Avg. Annual Appreciation
-1.95%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Memphis Manor Management Ii Llc
Bought by
The Way Supportive Housing Corp

Purchase Details

Closed on
Jun 4, 2015
Sold by
Sultani Family Realty Of Memphis Llc
Bought by
Memphis Manor Management Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2010
Sold by
Donald Stanley E
Bought by
Sultani Family Realty Of Memphis Llc

Purchase Details

Closed on
Jan 9, 2009
Sold by
Mid South Homebuyers Inc
Bought by
Donald Stanley E and Sultani Family Irrevocable Trust

Purchase Details

Closed on
Aug 20, 2008
Sold by
Wells Fargo Bank Na
Bought by
Mid South Homebuyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2008
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2008
Sold by
Eubanks Teresa
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 23, 2005
Sold by
Mallard Properties Llc
Bought by
Eubanks Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 2004
Sold by
Quick Sale Home Buyers Inc
Bought by
Mallard Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2002
Sold by
Carr Phillip E
Bought by
Hud

Purchase Details

Closed on
Oct 22, 2001
Sold by
Mallard Properties Llc
Bought by
Carr Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,268
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2001
Sold by
Mildred Key
Bought by
Mallard Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.02%
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 Type Sale Price Title Company
Warranty Deed $75,892 Foundation Title
Quit Claim Deed -- None Available
Warranty Deed $1,530,000 None Available
Warranty Deed -- None Available
Warranty Deed $1,404,800 None Available
Special Warranty Deed $34,000 Landcastle Title Llc
Quit Claim Deed -- None Available
Trustee Deed $50,758 None Available
Warranty Deed $63,000 Chicago Title Insurance Co
Warranty Deed $34,000 --
Trustee Deed $60,009 --
Warranty Deed $55,995 Stewart Title
Warranty Deed $25,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,330,000 Purchase Money Mortgage
Previous Owner $29,000 Purchase Money Mortgage
Previous Owner $59,850 Fannie Mae Freddie Mac
Previous Owner $25,000 Purchase Money Mortgage
Previous Owner $4,268 Unknown
Previous Owner $55,520 FHA
Previous Owner $25,000 No Value Available
Closed $4,268 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $70,000 -6.7% $50 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $75,000 -4.8% $54 / Sq Ft
12/15/2022 12/15/22 Sold $78,785 +2.6% $52 / Sq Ft View Prior Sale
12/15/2022 12/15/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $76,785 -- $51 / 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 $337 $16,275 $2,750 $13,525
2024 -- $9,950 $1,125 $8,825
2023 $606 $9,950 $1,125 $8,825
2022 $606 $9,950 $1,125 $8,825
2021 $720 $9,950 $1,125 $8,825
2020 $591 $8,150 $1,125 $7,025
2019 $260 $8,150 $1,125 $7,025
2018 $260 $8,150 $1,125 $7,025
2017 $267 $8,150 $1,125 $7,025
2016 $356 $8,150 $0 $0
2014 $356 $8,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185304

Memphis Area Association of REALTORS®

APN: 03-8004-0-0004