NOT LISTED FOR SALE

Estimated Value: $86,120 - $112,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $9,000 $6 Per Sq Ft

Est. 1,000% increase in value since last sale

Current estimated payment $562/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Level Lot
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of May 2014

This is a Fannie Mae Homepath property. This would be a great rental or owner occupant property. It has real wood floors in some rooms. The floor plan flows great for a family. It also has a nice large yard!

Last Agent to Sell the Property

Shane Fortune

Fortune Realty LLC License #291388 Listed on: 03/10/2014

Last Buyer's Agent

Monica Mauricio

REMAX Experts License #273318

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $268

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,272 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Jackson Terrace 2Nd Addn Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 038025 00064

Home Details

Home Type

Single Family

Est. Annual Taxes

$268

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: HUDSON
  • MLS Map #: 751A
  • MAAR Subdivision Name: JACKSON TERRACE 2ND ADD
  • Corporate Own: Yes
  • Freestanding: Yes
  • List Price Per Sq Ft: 9
  • Number Of Stories: 1
  • Price Per Sq Ft: 7.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1272
  • Year Built: 1948
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 4
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 62
  • Acreage: 0.21
  • Lot Size: 71.24/75X130/124.78
  • Price Per Acre: 51905

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 038025 00064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
May 16, 2014
Sold by
Fannie Mae
Bought by
Garcia Jaime and Ramirez Guadalupe
Seller's Agent
Shane Fortune
Fortune Realty LLC
Buyer's Agent
Monica Mauricio
REMAX Experts
List Price
$14,900
Sold Price
$9,000
Premium/Discount to List
-$5,900
-39.6%
Current Estimated Value
$99,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,030
Avg. Annual Appreciation
23.51%

Purchase Details

Closed on
Feb 18, 2014
Sold by
Koukou Afaf
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2005
Sold by
Pointer Bill
Bought by
Jenkins David Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Ragland Louis and Ferrell Verna Dean
Bought by
Hud

Purchase Details

Closed on
Jul 27, 2001
Sold by
Southern Capital Management Llc
Bought by
Ragland Louis and Ferrell Verna Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,134
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2000
Sold by
Firststar Bank Milwaukee Na
Bought by
Southern Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
7.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2000
Sold by
Milton Pailet and Milton Mary
Bought by
Firststar Bank Milwaukee Na

Purchase Details

Closed on
May 17, 1999
Sold by
Pailet Mary
Bought by
Pailet Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,700
Interest Rate
7.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 1998
Sold by
Rex Bowers
Bought by
Pailet Milton and Pailet Mary
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
Garcia Jaime $9,000 None Available
Federal National Mortgage Association $38,774 None Available
Jenkins David Scott -- --
Hud $58,846 --
Ragland Louis $56,000 --
Southern Capital Management Llc $12,000 --
Firststar Bank Milwaukee Na $40,000 --
Pailet Milton -- --
Pailet Milton $17,093 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins David Scott $50,250
Previous Owner Ragland Louis $55,134
Previous Owner Southern Capital Management Llc $47,600
Previous Owner Pailet Milton $42,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $9,000 -39.6% $8 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $14,900 -- $12 / 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 $268 $16,525 $2,250 $14,275
2024 $268 $7,900 $1,125 $6,775
2023 $481 $7,900 $1,125 $6,775
2022 $481 $7,900 $1,125 $6,775
2021 $487 $7,900 $1,125 $6,775
2020 $471 $6,500 $1,125 $5,375
2019 $471 $6,500 $1,125 $5,375
2018 $471 $6,500 $1,125 $5,375
2017 $267 $6,500 $1,125 $5,375
2016 $253 $5,800 $0 $0
2014 $253 $5,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3292180

Memphis Area Association of REALTORS®

APN: 03-8025-0-0064