Seller's Agent in 2022
Tina Andrade
Fast Track Realty, LLC
(901) 502-0762
52 in this area
271 Total Sales
320 Modder Ave Memphis, TN 38109
South Memphis NeighborhoodEstimated Value: $121,000 - $152,697
5
Beds
2
Baths
1,680
Sq Ft
$79/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Porch
- Carpet
- No HOA
- Central Heating and Cooling System
- 5-minute walk to Martin Luther King Jr. Riverside Park
About This Home
As of May 2024RARE opportunity to own a 5 bedroom 2 full bath INVESTMENT property! Already income producing with Section 8 tenant in place. Monthly rent $1863. Built in 2006, low maintenance exterior; Brick with vinyl siding. HVAC system and new water heater less than 2 years old. Interior was renovated 2 years ago. ADT Security installed. Seller to perform 1031 Exchange. DO NOT DISTURB TENANT! Call for more information.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $888
Year Built
- Built in 2006
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 1,680 Sq Ft Home
- Property has 3 Levels
- Washer Hookup
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Arcadian Heights Blk 4 Subdivision
Listing and Financial Details
- Tax Lot 33-34
- Assessor Parcel Number 035025 00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
May 6, 2024
Sold by
Gani Guy
Bought by
Messian Joshua
List Price
$139,000
Sold Price
$138,000
Premium/Discount to List
-$1,000
-0.72%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,826
Avg. Annual Appreciation
-2.41%
Original Mortgage
$114,750
Outstanding Balance
$113,113
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$20,061
Purchase Details
Listed on
Jan 20, 2022
Closed on
Jul 29, 2022
Sold by
Phoenix Gp Llc
Bought by
Gani Guy
Seller's Agent
Tina Andrade
Fast Track Realty, LLC
Buyer's Agent
LaJuana Miller
KAIZEN Realty, LLC
List Price
$65,000
Sold Price
$35,000
Premium/Discount to List
-$30,000
-46.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.04%
Purchase Details
Closed on
Jan 1, 1996
Sold by
Brown Brutus and Davis Robert Lee
Bought by
Ford Mary Plummie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Messian Joshua | $138,000 | Southern Trust Title Company | |
| Gani Guy | $35,000 | Realty Title & Escrow | |
| Ford Mary Plummie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Messian Joshua | $114,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $138,000 | -0.7% | $82 / Sq Ft | |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | For Sale | $139,000 | +297.1% | $83 / Sq Ft | |
| 07/29/2022 07/29/22 | Sold | $35,000 | -46.2% | $22 / Sq Ft | View Prior Sale |
| 05/24/2022 05/24/22 | Pending | -- | -- | -- | |
| 05/06/2022 05/06/22 | For Sale | $65,000 | +85.7% | $41 / Sq Ft | |
| 05/03/2022 05/03/22 | Off Market | $35,000 | -- | -- | |
| 04/15/2022 04/15/22 | Price Changed | $65,000 | -13.3% | $41 / Sq Ft | |
| 01/20/2022 01/20/22 | For Sale | $75,000 | +22.7% | $47 / Sq Ft | |
| 12/11/2020 12/11/20 | Sold | $61,140 | 0.0% | $38 / Sq Ft | View Prior Sale |
| 12/03/2020 12/03/20 | Off Market | $61,140 | -- | -- | |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- | |
| 11/16/2020 11/16/20 | For Sale | $65,000 | +6.3% | $41 / Sq Ft | |
| 09/08/2020 09/08/20 | Off Market | $61,140 | -- | -- | |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- | |
| 08/18/2020 08/18/20 | For Sale | $65,000 | -- | $41 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | -- | $34,225 | $1,250 | $32,975 |
| 2024 | $494 | $14,575 | $875 | $13,700 |
| 2023 | $888 | $14,575 | $875 | $13,700 |
| 2022 | $888 | $14,575 | $875 | $13,700 |
| 2021 | $898 | $14,575 | $875 | $13,700 |
| 2020 | $174 | $2,400 | $875 | $1,525 |
| 2019 | $77 | $2,400 | $875 | $1,525 |
| 2018 | $77 | $2,400 | $875 | $1,525 |
| 2017 | $79 | $2,400 | $875 | $1,525 |
| 2016 | $152 | $3,475 | $0 | $0 |
| 2014 | $152 | $15,375 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Andrade
-
LaJuana Miller
Buyer's Agent in 2022
LaJuana Miller
KAIZEN Realty, LLC
(901) 483-1393
32 in this area
196 Total Sales
-
Jimmie Tapley
Seller's Agent in 2020
Jimmie Tapley
Crye-Leike, Inc., REALTORS
(901) 336-7898
33 in this area
254 Total Sales
Map
Source: Realtracs
MLS Number: 3020732
APN: 03-5025-0-0025
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