NOT LISTED FOR SALE

Estimated Value: $101,000 - $130,508

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$86/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $74,900 $54 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $691/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Den
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of January 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $1,595 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 12/19/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,364 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Barton Heights 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075070 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762A
  • MAAR Subdivision Name: BARTON HEIGHTS 1ST ADD
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 54.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1364
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 229
  • Acreage: 0.32
  • Lot Size: 14000
  • Price Per Acre: 234062

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075070 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Jan 28, 2019
Sold by
Memphis Invetsment Rental Properties Llc
Bought by
Flores Daniel A and Flores Florence B
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$74,900
Sold Price
$74,900
Current Estimated Value
$120,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,477
Avg. Annual Appreciation
8.26%
Original Mortgage
$59,920
Outstanding Balance
$53,099
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$73,977

Purchase Details

Listed on
Sep 18, 2017
Closed on
Oct 31, 2018
Sold by
Coleman Angela D and Coleman Robynne
Bought by
Memphis Investment Rental Properties Lc
Seller's Agent
Lloyd Patterson
C21 Patterson & Assoc. Real Es
Buyer's Agent
Lloyd Patterson
C21 Patterson & Assoc. Real Es
List Price
$55,000
Sold Price
$25,000
Premium/Discount to List
-$30,000
-54.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9573.66%
Original Mortgage
$55,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
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
Flores Daniel A $74,900 Delta Title Services Llc
Memphis Investment Rental Properties Lc $25,000 Home Surety Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Daniel A $59,920
Previous Owner Memphis Investment Rental Properties Lc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $74,900 0.0% $62 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $74,900 +199.6% $62 / Sq Ft
11/02/2018 11/02/18 Sold $25,000 -23.1% $13 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $32,500 -13.3% $16 / Sq Ft
08/17/2018 08/17/18 Price Changed $37,500 -31.8% $19 / Sq Ft
09/18/2017 09/18/17 For Sale $55,000 -- $28 / 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 $660 $23,250 $2,225 $21,025
2024 $660 $19,475 $1,375 $18,100
2023 $1,186 $19,475 $1,375 $18,100
2022 $1,186 $19,475 $1,375 $18,100
2021 $1,200 $19,475 $1,375 $18,100
2020 $1,373 $18,950 $1,375 $17,575
2019 $606 $18,950 $1,375 $17,575
2018 $606 $18,950 $1,375 $17,575
2017 $620 $18,950 $1,375 $17,575
2016 $701 $16,050 $0 $0
2014 $701 $16,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042768

Memphis Area Association of REALTORS®

APN: 07-5070-0-0004