NOT LISTED FOR SALE

Estimated Value: $95,238 - $105,000

3 Beds
2 Baths
1,104 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $55,000 $50 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $599/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • Great Room
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of July 2020

Nice home in good subdivision. Currently rented for $750 per month.

Last Agent to Sell the Property

Mike Caruthers

USA Properties License #265549 Listed on: 06/29/2020

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1981

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • Chain Link Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Great Room
  • Den
  • Partially Carpeted
  • Iron Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Porch
  • Ground Level

Community Details

  • Fairfield Estates 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090011 00055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$542

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: New Allen
  • MLS Map #: 731A
  • MAAR Subdivision Name: FAIRFIELD ESTATES 1ST ADD
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Price Per Sq Ft: 49.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1104
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Washer/Dryer Connections
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Chain Fence, Sidewalks
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring, Ceiling Fan(s), Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 136
  • Acreage: 0.17
  • Lot Size: 65 X 120
  • Price Per Acre: 335294

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090011 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 28, 2020
Sold by
Beach Irene M and Beach Curtis C
Bought by
Cactus Capital Investments Llc
Seller's Agent
Mike Caruthers
USA Properties
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$57,000
Sold Price
$55,000
Premium/Discount to List
-$2,000
-3.51%
Total Days on Market
10
Current Estimated Value
$99,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,060
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Regions Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Dec 1, 1998
Sold by
Patterson Gregory Wayne
Bought by
Regions Mtg Inc

Purchase Details

Closed on
Oct 29, 1997
Sold by
Macumber Keith C
Bought by
Patterson Gregory Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
7.27%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Cactus Capital Investments Llc $110,000 None Available
Hud -- --
Regions Mtg Inc $52,494 --
Patterson Gregory Wayne $48,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cactus Capital Investments Llc $255,500
Previous Owner Beach Irene M $54,000
Previous Owner Beach Irene M $34,650
Previous Owner Patterson Gregory Wayne $49,400
Closed Patterson Gregory Wayne $2,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $55,000 -3.5% $50 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $57,000 -- $52 / 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 $542 $22,900 $2,625 $20,275
2024 $542 $15,975 $2,400 $13,575
2023 $973 $15,975 $2,400 $13,575
2022 $973 $15,975 $2,400 $13,575
2021 $551 $15,975 $2,400 $13,575
2020 $870 $12,000 $2,400 $9,600
2019 $384 $12,000 $2,400 $9,600
2018 $384 $12,000 $2,400 $9,600
2017 $393 $12,000 $2,400 $9,600
2016 $515 $11,775 $0 $0
2014 $515 $11,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079646

Memphis Area Association of REALTORS®

APN: 09-0011-0-0055