NOT LISTED FOR SALE

Estimated Value: $110,000 - $119,000

2 Beds
1 Bath
1,705 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $16,700 $10 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $675/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Some Wood Windows
  • Eat-In Kitchen
  • Concrete Flooring

About This Home

As of May 2018

482-292912 US Dept. of HUD owned property being offered in UI (unsurable) condition, subject to appraisal. Seller makes no representations or warranties as to property condition being sold AS IS. Seller may contribute up to 3% for buyer's closing costs upon buyer request. This property is being offered under EHO guidelines. LBP disclosure required

Last Agent to Sell the Property

Rae Ann Stimpson

The Carter Group LLC, REALTORS License #274350 Listed on: 03/24/2018

Last Buyer's Agent

Kimberly Simmons SRS, AHWD, ePRO

Tally Real Estate Group, LLC License #307138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan

Flooring

  • Concrete
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • West Highlands Blk 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038007 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$591

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Holmes St
  • Second Address Number: 3185
  • MLS Map #: 751A
  • MAAR Subdivision Name: HIGHLANDS (WEST) BLK 6
  • Freestanding: Yes
  • List Price Per Sq Ft: 10
  • Number Of Stories: 1
  • Price Per Sq Ft: 9.79
  • Estimated Sq Ft: 1705
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor, Concrete Floor, Sprayed Ceiling
  • Appliances Equipment: Exhaust Fan/Vent Hood
  • Estimated Entire Duplex Sq Ft: 1600-1799
  • Miscellaneous Interior: Excl Some Window Treatmnt, Cable Wired, Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 7
  • Acreage: 0.15
  • Lot Size: 50 X 132
  • Price Per Acre: 116667

Tax Info

  • Assessor Parcel Number: 038007 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Eddie Torian
Bought by
Torres Investments Llc
Current Estimated Value
$114,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 24, 2018
Closed on
May 10, 2018
Sold by
The Secretary Of Hud
Bought by
Eddie Torian
Seller's Agent
Rae Ann Stimpson
The Carter Group LLC, REALTORS
Buyer's Agent
Kimberly Simmons SRS, AHWD, ePRO
Tally Real Estate Group, LLC
List Price
$17,500
Sold Price
$16,700
Premium/Discount to List
-$800
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.16%

Purchase Details

Closed on
Sep 21, 2016
Sold by
Citi Mortgae Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 25, 2014
Sold by
Goodwin Regina A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 4, 1996
Sold by
Lamb James E and Lamb Dortha M
Bought by
Goodwin Regina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,350
Interest Rate
8.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Torres Investments Llc $70,000 Quality Title Group
Eddie Torian $16,700 None Available
Secretary Of Hud -- None Available
Citimortgage Inc $42,900 None Available
Goodwin Regina A $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Investments Llc $117,004
Closed Torres Investments Llc $105,000
Previous Owner Goodwin Regina A $11,121
Previous Owner Goodwin Regina A $42,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $16,700 -4.6% $10 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $17,500 -- $10 / 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 $591 $28,400 $3,600 $24,800
2024 $591 $17,440 $1,800 $15,640
2023 $1,062 $17,440 $1,800 $15,640
2022 $1,062 $17,440 $1,800 $15,640
2021 $1,075 $17,440 $1,800 $15,640
2020 $1,501 $20,720 $1,800 $18,920
2019 $1,501 $20,720 $1,800 $18,920
2018 $938 $12,950 $1,125 $11,825
2017 $532 $12,950 $1,125 $11,825
2016 $643 $14,725 $0 $0
2014 $643 $14,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10023205

Memphis Area Association of REALTORS®

APN: 03-8007-0-0007