NOT LISTED FOR SALE

Estimated Value: $111,000 - $134,000

3 Beds
1 Bath
1,585 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $43,000 $27 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $652/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • Property has 3 Levels

About This Home

As of June 2020

Feet from the University of Memphis at Lambuth (Jackson) Campus - Amazing Opportunity for an Owner Occupant or Investor! Great Potential for an Income Producing Property!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1940

Lot Details

  • 0.28

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Property has 3 Levels
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Veca/Lambuth Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1940
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Carpet, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size: .25
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Murray Brothers Investments Llc
Bought by
Goodroe Investment Group Llc
Current Estimated Value
$117,821

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 29, 2020
Sold by
Iberiabank
Bought by
Murray Brothers Investments Llc
List Price
$42,000
Sold Price
$43,000
Premium/Discount to List
$1,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.90%
Original Mortgage
$34,400
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2019
Sold by
Blurton Capital Llc
Bought by
Iberiabank

Purchase Details

Closed on
Oct 10, 2003
Bought by
Turner Ralph

Purchase Details

Closed on
Jul 7, 2003
Sold by
Priority Trustee Services
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Apr 27, 2000
Sold by
Jones Jeffrey T
Bought by
James Owen

Purchase Details

Closed on
Apr 30, 1998
Bought by
Jones Jeffrey T

Purchase Details

Closed on
Feb 9, 1996
Bought by
Frances Morris

Purchase Details

Closed on
May 7, 1993
Bought by
Morris John S

Purchase Details

Closed on
Mar 15, 1993
Bought by
Moris John S
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
Goodroe Investment Group Llc $100,000 Patterson Charles
Goodroe Investment Group Llc $100,000 Patterson Charles
Murray Brothers Investments Llc $43,000 None Available
Iberiabank $562,500 None Available
Turner Ralph $23,000 --
Wachovia Bank Na $37,435 --
James Owen $49,000 --
Jones Jeffrey T $47,900 --
Frances Morris $22,573 --
Morris John S -- --
Moris John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Brothers Investments Llc $34,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $43,000 +2.4% $27 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $42,000 -- $26 / Sq Ft
Source: Realtracs

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
2024 $344 $18,375 $3,250 $15,125
2022 $640 $18,375 $3,250 $15,125
2021 $552 $12,800 $1,975 $10,825
2020 $552 $12,800 $1,975 $10,825
2019 $552 $12,800 $1,975 $10,825
2018 $552 $12,800 $1,975 $10,825
2017 $526 $11,925 $1,975 $9,950
2016 $490 $11,925 $1,975 $9,950
2015 $490 $11,925 $1,975 $9,950
2014 $490 $11,925 $1,975 $9,950
Source: Public Records

Map

Source: Realtracs

MLS Number: 3025392

Realtracs

APN: 078H-V-017.00