NOT LISTED FOR SALE

Estimated Value: $67,000 - $89,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$67/Sq Ft Est. Value

Last Sold August 06, 2012

Last sale price $9,000 $8 Per Sq Ft

Est. 794% increase in value since last sale

Current estimated payment $476/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • 1-Story Property
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of August 2012

THIS A GREAT INVESTMENT PROPERTY. IT HAS 5 ROOMS. 2 BEDROOMS AND 1 BATH. A GREAT STARTER HOUSE FOR FIRST TIME HOME BUYER'S.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 06/05/2012

Last Buyer's Agent

Monica Mauricio

REMAX Experts License #273318

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $321

Year Built

  • Built in 1928

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,150 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Highland Heights Blk 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038029 00036

Home Details

Home Type

Single Family

Est. Annual Taxes

$321

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 751B
  • MAAR Subdivision Name: HIGHLAND HEIGHTS BLK 8
  • Number Of Stories: 1
  • Price Per Sq Ft: 7.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1150
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: E PT 9
  • Acreage: 0.22
  • Lot Size: 50 X 200

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 038029 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Aug 3, 2012
Sold by
Fannie Mae
Bought by
Flores Edgar
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Monica Mauricio
REMAX Experts
List Price
$12,500
Sold Price
$9,000
Premium/Discount to List
-$3,500
-28%
Total Days on Market
56
Current Estimated Value
$80,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,424
Avg. Annual Appreciation
18.57%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Reedy Debra L
Bought by
Tennessee Investment Rental Property Llc

Purchase Details

Closed on
Apr 8, 2002
Sold by
Tennessee Rehab Inc
Bought by
Reedy Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2001
Sold by
Burchett Donny R
Bought by
Hud

Purchase Details

Closed on
Aug 30, 1996
Sold by
Stanley H Paul and Stanley Rebecca J
Bought by
Hill Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,320
Interest Rate
8.17%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Memphis, TN

  • 3460 Lamphier Ave, Memphis, TN 38122

    $100,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 3460 Lamphier Ave
    • Memphis, TN

    This completely renovated 3 bedroom 1 bathroom rental will make the perfect investment property. Tenant occupied current rent is $895. Please do not Disturb Tenant. No showings without an accepted offer. No wholesale offers or assignments.

    Kristy Cannon Keller Williams

    Section Image
  • 1584 Carpenter St, Memphis, TN 38108

    $90,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1584 Carpenter St
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,451 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

    Harry Samuels Pinnacle Realty

    Section Image
  • 2320 Devoy Ave, Memphis, TN 38108

    $60,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 2320 Devoy Ave
    • Memphis, TN

    Build your investment portfolio. Great TENANT OCCUPIED home marketed in a package with 3 other homes 1052 Seymour, 1058 Seymour, 2252 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB TENANT. As Is Sell.

    Tammy Taylor KAIZEN Realty, LLC

    Section Image
  • 2316 Norman Ave, Memphis, TN 38108

    $83,000

    • 2 Beds
    • 1 Bath
    • 100+ Sq Ft
    • 2316 Norman Ave
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 1353 Wells Station Rd, Memphis, TN 38108

    $92,500

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1353 Wells Station Rd
    • Memphis, TN

    Lovely home in need of a little TLC. Perfect for the first time homeowner or investor. Completely remodeled and upgraded kitchen! All appliances in the kitchen come with the home. Get with your Realtor today and submit an offer before its GONE!

    Dylan Johnson 901, REALTORS

    Section Image
  • 1120 Cella St, Memphis, TN 38114

    $93,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 1120 Cella St
    • Memphis, TN

    Looking for your first home or your next cash-flowing rental? This beautiful renovated home is move-in ready. Schedule your appointment today.

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 1862 Dupont Ave, Memphis, TN 38127

    $100,000

    • 2 Beds
    • 1 Bath
    • 100+ Sq Ft
    • 1862 Dupont Ave
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 2775 Windsor Pkwy, Memphis, TN 38127

    $98,000

    • 3 Beds
    • 1 Bath
    • 886 Sq Ft
    • 2775 Windsor Pkwy
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,475 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 1060 Forrest Ave, Memphis, TN 38105

    $100,000

    • 2 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1060 Forrest Ave
    • Memphis, TN

    Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

    Tammy Taylor KAIZEN Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Edgar $9,000 Alliance Title & Escrow Llc
Tennessee Investment Rental Property Llc -- None Available
Reedy Debra -- Fayette County Title Company
Hud $40,266 --
Hill Leona $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Edgar $98,400
Closed Flores Edgar $50,000
Closed Flores Edgar $16,000
Previous Owner Reedy Debra $46,400
Previous Owner Reedy Debra $43,500
Previous Owner Tennessee Rehab Inc $15,489
Previous Owner Burchett Donny R $35,053
Previous Owner Hill Leona $33,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2012 08/06/12 Sold $9,000 -28.0% $9 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $12,500 -- $13 / 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 $321 $15,700 $2,750 $12,950
2024 $321 $9,475 $1,125 $8,350
2023 $577 $9,475 $1,125 $8,350
2022 $577 $9,475 $1,125 $8,350
2021 $584 $9,475 $1,125 $8,350
2020 $563 $7,775 $1,125 $6,650
2019 $563 $7,775 $1,125 $6,650
2018 $563 $7,775 $1,125 $6,650
2017 $320 $7,775 $1,125 $6,650
2016 $328 $7,500 $0 $0
2014 $328 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3248972

Memphis Area Association of REALTORS®

APN: 03-8029-0-0036