NOT LISTED FOR SALE

Estimated Value: $84,621 - $119,000

3 Beds
1 Bath
979 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $98,500 $101 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $576/month

Highlights

  • Updated Kitchen
  • Den
  • Brick Veneer
  • Traditional Architecture
  • Some Wood Windows
  • 5-minute walk to Shivler Park

About This Home

As of July 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $795 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

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 05/28/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x129
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 979 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Frayser Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072013 00016

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FRAYSER HILLS
  • List Price Per Sq Ft: 101
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 979
  • Year Built: 1956
  • 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 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 74
  • Acreage: 0.23
  • Lot Size: 80X129

Tax Info

  • Assessor Parcel Number: 072013 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Martin Wesley D and Martin Kelli L
Bought by
Hines Russell Paul
Current Estimated Value
$100,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$71,280
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$28,875

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 6, 2021
Sold by
Martin Wesley D and Martin Kelli L
Bought by
Martin Wesley D and Martin Keill L
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$98,500
Sold Price
$98,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.36%
Original Mortgage
$75,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2021
Sold by
Bush Thomas Paul
Bought by
Memphis Investment Properites Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 8, 2021
Sold by
Bragg Thomas E
Bought by
Bush Thomas Paul
Seller's Agent
Cindy Elliott
John Green & Co., REALTORS
Buyer's Agent
Anthony Elliott
John Green & Co., REALTORS
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.75%

Purchase Details

Closed on
May 9, 2005
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Apr 28, 2005
Sold by
Lancaster Tonya Kaye
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Aug 22, 1997
Sold by
Jennings Rosalyn W and Terry Rosalyn W
Bought by
Lancaster Tonya Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,436
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hines Russell Paul $104,900 Delta Title Services
Martin Wesley D $98,500 Delta Title Services Llc
Memphis Investment Properites Iii Llc $42,000 Delta Title Services Llc
Bush Thomas Paul $20,000 Closetrak Llc
Hud $44,316 --
Tennessee Housing Development Agency $44,316 --
Lancaster Tonya Kaye $45,000 Lawyers Title Insurance Corp
Lancaster Tonya Kaye $45,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Russell Paul $75,000
Previous Owner Memphis Investment Properites Iii Llc $75,000
Previous Owner Lancaster Tonya Kaye $45,436
Closed Lancaster Tonya Kaye $2,179
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2021 07/26/21 Sold $98,500 0.0% $101 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $98,500 +392.5% $101 / Sq Ft
03/10/2021 03/10/21 Sold $20,000 0.0% $20 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $20,000 -- $20 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $490 $18,675 $1,850 $16,825
2024 $490 $14,450 $1,450 $13,000
2023 $880 $14,450 $1,450 $13,000
2022 $880 $14,450 $1,450 $13,000
2021 $322 $11,875 $1,450 $10,425
2020 $678 $9,350 $1,450 $7,900
2019 $299 $9,350 $1,450 $7,900
2018 $299 $9,350 $1,450 $7,900
2017 $306 $9,350 $1,450 $7,900
2016 $450 $10,300 $0 $0
2014 $450 $10,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100705

Memphis Area Association of REALTORS®

APN: 07-2013-0-0016

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