NOT LISTED FOR SALE

Estimated Value: $106,000 - $124,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $100,000 $71 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $642/month

49 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Bungalow
  • Wood Flooring
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2023

This property is being sold AS-IS. The tenant is month to month and current on rent. This is an excellent property to add to your portfolio and close to the U of M. That's not all; it has central air and heat.

Last Agent to Sell the Property

Carlotta White

4 Success Realty, LLC License #345915 Listed on: 12/12/2022

Last Buyer's Agent

James Hooker

Tiger Realty License #354278

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1923

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x158
  • Few Trees

Home Design

  • Bungalow
  • Property Attached
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,258 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Additional Features

  • Deck
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Messick School Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045085 00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$520

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Bungalow
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 757B
  • MAAR Subdivision Name: MESSICK SCHOOL PLACE
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1
  • Price Per Sq Ft: 79.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1258
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 37
  • Acreage: 0.18
  • Lot Size: 50X158
  • Price Per Acre: 611111

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 045085 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 17, 2023
Sold by
Wilhite Barry
Bought by
Tohtsoni Real Estate Llc
Seller's Agent
Carlotta White
4 Success Realty, LLC
Buyer's Agent
James Hooker
Tiger Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Views
103
Current Estimated Value
$114,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,193
Avg. Annual Appreciation
5.08%
Original Mortgage
$105,000
Outstanding Balance
$101,706
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$12,488

Purchase Details

Listed on
Nov 3, 2016
Closed on
Feb 24, 2017
Sold by
Chiam Steve
Bought by
Wilhite Barry
Seller's Agent
Todd Adams
Keller Williams
Buyer's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
List Price
$37,500
Sold Price
$31,000
Premium/Discount to List
-$6,500
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.52%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Donovan Shaun
Bought by
Shism Steve

Purchase Details

Closed on
May 8, 2014
Sold by
Elmore Teri L Sullivan
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Apr 29, 1999
Sold by
Moore Charles E
Bought by
Sullivan Teri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,248
Interest Rate
7%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Weinberg Michael D and Weinberg Robbie Sallie
Bought by
Moore Charles E
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
Tohtsoni Real Estate Llc $100,000 Preferred Title & Escrow
Wilhite Barry $31,000 None Available
Shism Steve $19,900 Alliance Title & Escrow Llc
The Secretary Of Hud $43,300 None Available
Sullivan Teri L $52,275 --
Moore Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tohtsoni Real Estate Llc $105,000
Previous Owner Sullivan Teri L $52,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2023 02/21/23 Sold $100,000 -9.1% $83 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $110,000 +254.8% $92 / Sq Ft
02/17/2017 02/17/17 Sold $31,000 -17.3% $31 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $37,500 -- $38 / 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 $520 $26,875 $2,450 $24,425
2024 -- $15,325 $1,000 $14,325
2023 $934 $15,325 $1,000 $14,325
2022 $934 $15,325 $1,000 $14,325
2021 $944 $15,325 $1,000 $14,325
2020 $799 $11,025 $1,000 $10,025
2019 $799 $11,025 $1,000 $10,025
2018 $799 $11,025 $1,000 $10,025
2017 $453 $11,025 $1,000 $10,025
2016 $447 $10,225 $0 $0
2014 $447 $10,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138979

Memphis Area Association of REALTORS®

APN: 04-5085-0-0011