NOT LISTED FOR SALE

Estimated Value: $86,000 - $148,330

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$89/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $80,000 $57 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $731/month

104 Days on Market

About This Home

As of November 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/06/2023

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x145

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,284 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Kensington Gardens Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060215 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$668

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 771B
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK C
  • Number Of Stories: 1
  • Price Per Sq Ft: 62.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1284
  • Year Built: 1956
  • List Price/ Sq Ft: 66
  • 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
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Lot Info

  • Lot Number: 279
  • Acreage: 0.23
  • Lot Size: 70X145
  • Price Per Acre: 369565

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060215 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Mid South Homebuyers Gp and Mid South Home Buyers Llc
Bought by
Sam Wyatt Rentals Llc
Current Estimated Value
$124,042

Purchase Details

Listed on
Jul 6, 2023
Closed on
Nov 7, 2023
Sold by
Vb One Llc
Bought by
Mid South Homebuyers Gp
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.43%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,609,903
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2014
Sold by
Miller Ewell and Guenther Hans
Bought by
Prager Property Owner 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 14, 2007
Sold by
Bavuri John K
Bought by
Guenther Hans and Miller Bert

Purchase Details

Closed on
Apr 25, 2003
Sold by
Bain Elizabeth Ann
Bought by
Bavuri John K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.79%
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
Sam Wyatt Rentals Llc $153,100 None Listed On Document
Mid South Homebuyers Gp $80,000 None Listed On Document
Ct Amm B1 Llc -- Attorney
Prager Property Owner 2 Llc $1,675,892 None Available
Guenther Hans $33,501 None Available
Bavuri John K $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ct Amm B 1 Llc $5,609,903
Previous Owner Prager Property Owner 2 Llc $50,000,000
Previous Owner Bavuri John K $86,057
Previous Owner Bavuri John K $77,786
Previous Owner Bavuri John K $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $80,000 -5.9% $67 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $85,000 -5.6% $71 / Sq Ft
08/01/2023 08/01/23 Price Changed $90,000 -5.3% $75 / Sq Ft
07/13/2023 07/13/23 Price Changed $95,000 -5.0% $79 / Sq Ft
07/06/2023 07/06/23 For Sale $100,000 -- $83 / 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 $668 $26,525 $3,375 $23,150
2024 -- $19,700 $2,750 $16,950
2023 $1,200 $19,700 $2,750 $16,950
2022 $1,200 $19,700 $2,750 $16,950
2021 $1,426 $19,700 $2,750 $16,950
2020 $1,004 $13,850 $2,750 $11,100
2019 $443 $13,850 $2,750 $11,100
2018 $443 $13,850 $2,750 $11,100
2017 $453 $13,850 $2,750 $11,100
2016 $607 $13,900 $0 $0
2014 $607 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151660

Memphis Area Association of REALTORS®

APN: 06-0215-0-0023