NOT LISTED FOR SALE

Estimated Value: $105,795 - $116,000

3 Beds
1 Bath
1,401 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $37,500 $27 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $626/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Porch
  • Dining Room

About This Home

As of February 2020

Property is currently rented to long term tenant for $650/month. Please do not disturb! Brick corner lot home, needs some repair but tenant is happy and dependable. Central heat/air, fenced back yard, close to University of Memphis. Can be packaged with 10068953. Owner/agent, call for more information.

Last Agent to Sell the Property

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 02/04/2020

Last Buyer's Agent

Patricia Richmond-Young

Coldwell Banker Collins-Maury License #277855

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62 x 131
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Gooch Carnes Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045083 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757B
  • MAAR Subdivision Name: GOOCHS CARNES AVE
  • List Price Per Sq Ft: 28
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1401
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Chain Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: 3
  • Acreage: 0.18
  • Lot Size: 62 X 131
  • Price Per Acre: 221667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 045083 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Feb 27, 2020
Sold by
Pmw Properties Llc
Bought by
Peak Properties Llc
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Patricia Richmond-Young
Coldwell Banker Collins-Maury
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%
Current Estimated Value
$109,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,699
Avg. Annual Appreciation
20.83%

Purchase Details

Closed on
Jan 22, 2018
Sold by
Malvezzi Property Investments Llc
Bought by
Pwm Prowperties Llc

Purchase Details

Closed on
Oct 24, 2007
Sold by
Sovereign Bank
Bought by
Malvezzi Property Investments Llc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Moreillon Kathy
Bought by
Sovereign Bank

Purchase Details

Closed on
Feb 23, 2006
Sold by
Hunt Robert O
Bought by
Moreillon Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 2, 2005
Sold by
Clay Bernice G
Bought by
Hunt Robert O and Hunt Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Peak Properties Llc $37,500 Close Trak Closing & Ttl Svc
Pwm Prowperties Llc $22,500 Closetrak Closing & Title Sv
Malvezzi Property Investments Llc $22,000 Edco Title & Closing Service
Sovereign Bank $66,669 None Available
Moreillon Kathy $72,000 Lenders Title & Escrow Llc
Hunt Robert O $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreillon Kathy $61,200
Previous Owner Hunt Robert O $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $37,500 -6.0% $27 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $39,900 -- $28 / 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 $592 $24,300 $2,450 $21,850
2024 $592 $17,450 $1,000 $16,450
2023 $1,063 $17,450 $1,000 $16,450
2022 $1,063 $17,450 $1,000 $16,450
2021 $1,075 $17,450 $1,000 $16,450
2020 $893 $12,325 $1,000 $11,325
2019 $394 $12,325 $1,000 $11,325
2018 $394 $12,325 $1,000 $11,325
2017 $403 $12,325 $1,000 $11,325
2016 $529 $12,100 $0 $0
2014 $529 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070186

Memphis Area Association of REALTORS®

APN: 04-5083-0-0005