NOT LISTED FOR SALE

Estimated Value: $52,000 - $134,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $68,000 $49 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $557/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Dining Room
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2024

3-bedroom, 2-bathroom all-brick investment property ideal for investors looking to finish off the renovations. Already underway with new paint and flooring, this property sits on a spacious lot with ample parking. Perfect for those seeking a project with high potential! Being sold in as-is condition. Seller prefers offers with no inspection contingencies since it is a vacant property. No wholesalers/assignments

Last Agent to Sell the Property

Juan Torres

Fast Track Realty, LLC License #370733 Listed on: 04/19/2024

Last Buyer's Agent

Haydn Wiseman

Cahltrep Realty, LLC License #333143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $328

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 68x149
  • Chain Link Fence
  • Corner Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,253 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 6 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075043 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$328

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762A
  • MAAR Subdivision Name: J E WALKER HOMES
  • Number Of Stories: 1
  • Price Per Sq Ft: 54.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1253
  • Year Built: 1955
  • List Price/ Sq Ft: 60
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 6
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Corner
  • Lot Number: 510
  • Acreage: 0.26
  • Lot Size: 68X149
  • Price Per Acre: 288462

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075043 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Spangenberg Nicholas
Bought by
Morad Adam M and Morad Omar M
Current Estimated Value
$98,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,175
Outstanding Balance
$103,187
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$5,083

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 23, 2024
Sold by
Spencer Jervis
Bought by
Spangenberg Nicholas
Seller's Agent
Juan Torres
Fast Track Realty, LLC
Buyer's Agent
Haydn Wiseman
Cahltrep Realty, LLC
List Price
$90,000
Sold Price
$68,000
Premium/Discount to List
-$22,000
-24.44%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.76%
Original Mortgage
$110,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2006
Sold by
Taylor Bebbie
Bought by
Spencer Jervis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Banks Milton
Bought by
Taylor Bebbie

Purchase Details

Closed on
Aug 5, 2006
Sold by
Ross Samiephyne and Ross Delta
Bought by
Banks Milton
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
Morad Adam M $138,900 Nexus Title & Escrow
Spangenberg Nicholas $68,000 None Listed On Document
Spencer Jervis $65,000 Assured Escrow & Title Closi
Taylor Bebbie -- None Available
Banks Milton $200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morad Adam M $104,175
Previous Owner Spangenberg Nicholas $110,000
Previous Owner Spencer Jervis $55,250
Previous Owner Ross Sami Ephyne E $57,499
Previous Owner Ross Samiephyne E $52,919
Previous Owner Ross Samiephyne E $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $68,000 -9.3% $57 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $75,000 -16.7% $63 / Sq Ft
04/19/2024 04/19/24 For Sale $90,000 -- $75 / 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 $328 $32,450 $1,950 $30,500
2024 $328 $9,675 $1,400 $8,275
2023 $589 $9,675 $1,400 $8,275
2022 $589 $9,675 $1,400 $8,275
2021 $596 $9,675 $1,400 $8,275
2020 $690 $9,525 $1,400 $8,125
2019 $690 $9,525 $1,400 $8,125
2018 $690 $9,525 $1,400 $8,125
2017 $391 $9,525 $1,400 $8,125
2016 $444 $10,150 $0 $0
2014 $444 $10,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10170439

Memphis Area Association of REALTORS®

APN: 07-5043-0-0010