NOT LISTED FOR SALE

Estimated Value: $56,000 - $95,000

2 Beds
1 Bath
768 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2018

Last sale price $17,300 $23 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $400 / mo

58 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Some Wood Windows
  • Patio
  • 1-Story Property

About This Home

As of October 2018

Nice two bedroom one bathroom home in 38109 area. This home needs new flooring but is pretty much in livable condition. Needs cosmetic upgrades but exterior is good, home has gas cooking, and several updates have been made to the bathroom (toilet, vanity, soaker tub). Home has a large backyard, plenty of parking and could make a great rental or primary residence. Home has bars on the windows to provide protection. Cash offers only.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/25/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/25/2018

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Tile Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Community Details

  • J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075052 00022

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: J E WALKER HOMES
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 768
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 439
  • Acreage: 0.18
  • Lot Size: 0.18

Tax Info

  • Assessor Parcel Number: 075052 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2019
Sold by
Mid South Homebuyers Gp
Bought by
Advants Ira Services Llc and Lani Archer Ira
Current Estimated Value
$69,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Outstanding Balance
$30,479
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,380

Purchase Details

Listed on
Aug 25, 2018
Closed on
Oct 29, 2018
Sold by
Barnes Ronald D
Bought by
Mid South Homebuyers Gp
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$39,900
Sold Price
$17,300
Premium/Discount to List
-$22,600
-56.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Investments Inc
Bought by
Barnes Ronald D

Purchase Details

Closed on
Oct 13, 2015
Sold by
Covington Michelle and Covington Alex
Bought by
Said Investments Inc

Purchase Details

Closed on
Apr 10, 2002
Sold by
Covington Alex
Bought by
Covington Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,655
Interest Rate
6.8%
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
Advants Ira Services Llc $58,000 Saddle Creek Title Llc
Mid South Homebuyers Gp $17,300 Saddle Creek Title Llc
Barnes Ronald D -- Attorney
Said Investments Inc $501 Attorney
Covington Michelle -- West Tennessee Title
Covington Alex $44,000 West Tennessee Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Advants Ira Services Llc $34,800
Previous Owner Covington Alex $43,655
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $17,300 -24.5% $23 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/20/2018 10/20/18 Price Changed $22,900 -20.8% $30 / Sq Ft
09/26/2018 09/26/18 Price Changed $28,900 -27.6% $38 / Sq Ft
08/25/2018 08/25/18 For Sale $39,900 -- $52 / 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 $333 $13,700 $1,875 $11,825
2024 $333 $9,825 $1,350 $8,475
2023 $599 $9,825 $1,350 $8,475
2022 $599 $9,825 $1,350 $8,475
2021 $606 $9,825 $1,350 $8,475
2020 $529 $7,300 $1,350 $5,950
2019 $233 $7,300 $1,350 $5,950
2018 $185 $5,800 $1,350 $4,450
2017 $190 $5,800 $1,350 $4,450
2016 $264 $6,050 $0 $0
2014 $264 $6,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10035105

Memphis Area Association of REALTORS®

APN: 07-5052-0-0022

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