NOT LISTED FOR SALE

Estimated Value: $63,000 - $134,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$50/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $57,500 $32 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $525/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Patio
  • Dining Room

About This Home

As of April 2023

Start producing income at closing. This property is 4 bedroom 2 bath and has a tenant that pays 950.00 per month Make offers contingent upon inspection. And once an offer has been negotiated we will make arrangements for inspection. Drive by only do not disturb the tenant. Owner has made some repairs but unable to complete the price is based on needed repairs. Tenant wants to remain in the property.

Last Agent to Sell the Property

Cassandra Bell-Warren

4 Success Realty, LLC License #289692 Listed on: 03/27/2023

Last Buyer's Agent

Donna Jarrett

Emmett Baird Realty, LLC License #352924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 1951

Lot Details

  • 0.3 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,737 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • University Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072058 00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$546

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727A
  • MAAR Subdivision Name: UNIVERSITY RD
  • List Price Per Sq Ft: 32
  • Number Of Stories: 1
  • Price Per Sq Ft: 33.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1737
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 7
  • Acreage: 0.3
  • Lot Size: .30
  • Price Per Acre: 185000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 072058 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 12, 2023
Sold by
Alpha Property Solutions Llc
Bought by
H & M Services Llc
Seller's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
Buyer's Agent
Donna Jarrett
Emmett Baird Realty, LLC
List Price
$55,500
Sold Price
$57,500
Premium/Discount to List
$2,000
3.6%
Current Estimated Value
$90,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,738
Avg. Annual Appreciation
20.11%

Purchase Details

Closed on
Aug 1, 2022
Sold by
Johnny Adams
Bought by
Alpha Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,435
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2012
Sold by
Alpha Property Solutions Llc
Bought by
Adams Johnny

Purchase Details

Closed on
May 17, 2010
Sold by
Adams Johnny
Bought by
Alpha Property Solutions Llc

Purchase Details

Closed on
May 15, 2008
Sold by
Faulkner Jamie
Bought by
Adams Johnny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Faulkner Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Johnson Michelle
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 28, 2004
Sold by
Shepherd Willard
Bought by
Johnson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Jackson Wilma
Bought by
Shepherd Willard

Purchase Details

Closed on
Nov 21, 2000
Sold by
Graves Janie Sharpe
Bought by
Jackson Wilma
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
H & M Services Llc $57,500 Coventry Escrow & Title
Alpha Property Solutions Llc -- Griffin Clift Everton & Maschm
Adams Johnny -- None Available
Alpha Property Solutions Llc -- None Available
Adams Johnny R $70,000 Preferred Title & Escrow Llc
Faulkner Jamie $15,000 Verified Title & Escrow
Deutsche Bank National Trust Co $52,890 None Available
Johnson Michelle $72,000 Equity Title & Escrow Co
Shepherd Willard $4,000 --
Jackson Wilma $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alpha Property Solutions Llc $409,435
Previous Owner Adams Johnny R $59,500
Previous Owner Johnson Michelle $57,600
Closed Johnson Michelle $14,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $57,500 +3.6% $36 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $55,500 -- $35 / 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 $546 $25,100 $1,975 $23,125
2024 $546 $16,100 $1,725 $14,375
2023 $981 $16,100 $1,725 $14,375
2022 $546 $16,100 $1,725 $14,375
2021 $992 $16,100 $1,725 $14,375
2020 $844 $11,650 $1,725 $9,925
2019 $844 $11,650 $1,725 $9,925
2018 $844 $11,650 $1,725 $9,925
2017 $479 $11,650 $1,725 $9,925
2016 $508 $11,625 $0 $0
2014 $508 $11,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144632

Memphis Area Association of REALTORS®

APN: 07-2058-0-0033