$119,900
SOLD DEC 6, 2018
4 Beds
3 Baths
2,000-2,199 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

3 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Den with Fireplace
  • Deck
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of December 2018

Beautiful 4 br 3 full bath home with tons of space. Inside of a quite cove. Home has been renovated. Pictures does home no justice a must see.

Last Agent to Sell the Property

Fred Sengstacke

KAIZEN Realty, LLC License #320751 Listed on: 10/15/2018

KAIZEN Realty, LLC

Last Buyer's Agent

Shelia Gray

Harris Realty Services License #342127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 1967

Lot Details

  • 4,356 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,030 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on second floor
  • Remodeled Bathroom
  • 3 Full Bathrooms

Home Security

  • Burglar Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Garage
  • Carport
  • Workshop in Garage
  • Side Facing Garage

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Ground Level
  • Upper Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Raleigh Terrace 1St Addn S/D Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 085004 00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,267

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 734D
  • MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
  • List Price Per Sq Ft: 59
  • Number Of Stories: 2
  • Price Per Sq Ft: 59.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2030
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, 4th of More Bedrooms, 1 Bath, Laundry Room
  • Second Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Renovated Bathroom, Luxury Primary Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 1, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 3
  • Equipment: Cooktop, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen
  • Misc Interior: Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Deck
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Workshop(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Landscaped, Chain Fenced
  • Lot Number: 11
  • Acreage: 0.1
  • Lot Size: 38.09/66.86+91.53X118.47/116.61
  • Price Per Acre: 1199000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 085004 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 6, 2018
Sold by
Happy Rental Real Estate Llc
Bought by
Preston Brenda
Seller's Agent
Fred Sengstacke
KAIZEN Realty, LLC
Buyer's Agent
Shelia Gray
Harris Realty Services
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$205,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,791
Avg. Annual Appreciation
8.32%
Original Mortgage
$10,000
Outstanding Balance
$8,862
Interest Rate
4.9%
Mortgage Type
Unknown
Estimated Equity
$196,829

Purchase Details

Closed on
Dec 8, 2017
Sold by
Nesby Eartha and Nesby Wesley
Bought by
Us Bank Trust National Association and Cvf Iii Mortgage Loan Trust

Purchase Details

Closed on
Oct 3, 2006
Sold by
Boone Tony A and Boone Debra
Bought by
Nesby Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1996
Sold by
Greer Jimmy L and Greer Carlene H
Bought by
Nesby Wesley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,192
Interest Rate
7.53%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Memphis, TN

  • 677 Buntyn St, Memphis, TN 38114

    $150,000

    • 3 Beds
    • 1,354 Sq Ft
    • 677 Buntyn St
    • Memphis, TN

    Cash Cow Turnkey Triplex Investment Opportunity Exceeding the 1% Rule In Orange Mound! Drive By ONLY! Tenant Occupied. DO NOT DISTURB THE TENANTS! Unit 1 Is Rented Section 8 At $850/month Until 10/31/2025. Unit 2 Is Rented Section 8 For $895/month Until 10/31/2025. Unit 3 Is Vacant & Currently Marketed For Rent at $750/month. All Units Are 1 bed/1 bath. When Fully Occupied The Property Will

    Jordan Ray eXp Realty, LLC

    Section Image
  • 3484 Vernon Ave, Memphis, TN 38122

    $140,000

    • 2 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • 3484 Vernon Ave
    • Memphis, TN

    Nice Duplex available. Great Investment earning property with 2 bedrooms/1 bath on the Left side and a 1 bedroom/1 bath on the Right side.

    Jeff Goff Keller Williams

    Section Image
  • 1501 Fairfax St, Memphis, TN 38108

    $95,000

    • 3 Beds
    • 2 Baths
    • 1,325 Sq Ft
    • 1501 Fairfax St
    • Memphis, TN

    Awesome Investment Opportunity in the heart of Memphis! Tenant paying $750 on renovated unit. Unit 2 needs rehab. Quote available. Location is prime for renters. Motivated Seller. Send your offers today. Won't last long. No showing until accepted contract. Do no disturb tenants.

    Letitia Alexander Epique Realty

    Section Image
  • 2205 Oldfield Dr, Memphis, TN 38134

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 2205 Oldfield Dr
    • Memphis, TN

    Investors only! This property is fully rented, 100% occupied. It is a 2bed 2bath rented at $1075/mo. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1580/1582 Marjorie ($100k), and 1623/1625 Galveston ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no

    Tyler Tapley Crye-Leike, Inc., REALTORS

    Section Image
  • 961 N Highland St, Memphis, TN 38122

    $149,900

    • 2 Beds
    • 1 Bath
    • 1,344 Sq Ft
    • 961 N Highland St
    • Memphis, TN

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    Section Image
  • 3698 Given Ave, Memphis, TN 38122

    $100,000

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft
    • 3698 Given Ave
    • Memphis, TN

    Vacant specious investors dream! Sought-after Grahamwood neighborhood just a few minutes walk to a middle school and to the public library, close to shopping and restaurants, clean and quite neighborhood. New water heater and electrical box. Home needs some repairs. Sold 'as-is". Utilities turned off.

    Nadya Kledzik BEST Real Estate Company

    Section Image
  • 2679 Woodlawn Terrace, Memphis, TN 38127

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,798 Sq Ft
    • 2679 Woodlawn Terrace
    • Memphis, TN

    Price correction! Awesome investment opportunity! This could be an excellent multifamily addition to your portfolio. Seller is open to seller finance with acceptable offer. Tenant occupied and professionally managed DUPLEX! Currently rented for $900/$550. Nice corner lot. Long time tenants. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment.

    William Haynes Crye-Leike, Inc., REALTORS

    Section Image
  • 3174 Given Ave, Memphis, TN 38112

    $120,000

    • 2 Beds
    • 1 Bath
    • 1,590 Sq Ft
    • 3174 Given Ave
    • Memphis, TN

    Duplex for sale. Rented for a total of $1150 per month. Both tenants have been there for serveral years and are on month to month leases. Property professionally managed by local manager. Great addition to your portfolio. No wholesale or owner finance offers please.

    Jimmy Kennedy KAIZEN Realty, LLC

    Section Image
  • 2162 Griggs Ave, Memphis, TN 38108

    $150,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • 2162 Griggs Ave
    • Memphis, TN

    Fantastic investment opportunity or ideal owner-occupant setup! This updated duplex features (2) 1BR/1BA units, each with spacious living rooms and kitchens (12x11 & 12x10). Both units boast luxury vinyl plank flooring in living and bedroom areas, tile in kitchens and baths, plus modern kitchens and updated baths with tile surrounds. Additional highlights include double-pane vinyl windows,

    Mark Wilson Coldwell Banker Collins-Maury

    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 Type Sale Price Title Company
Warranty Deed $119,900 Close Track Closing & Title
Trustee Deed $102,920 None Available
Warranty Deed $95,000 Preferred Title & Escrow Llc
Warranty Deed $81,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 Unknown
Open $112,230 FHA
Previous Owner $85,500 Purchase Money Mortgage
Previous Owner $98,820 Credit Line Revolving
Previous Owner $75,924 Stand Alone Second
Previous Owner $16,100 Stand Alone Second
Previous Owner $79,192 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $119,900 0.0% $60 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $119,900 +152.4% $60 / Sq Ft
05/24/2018 05/24/18 Sold $47,500 -26.8% $24 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $64,900 -- $32 / 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 $1,267 $57,825 $2,500 $55,325
2024 $1,267 $37,375 $1,825 $35,550
2023 $2,277 $37,375 $1,825 $35,550
2022 $2,277 $37,375 $1,825 $35,550
2021 $2,303 $37,375 $1,825 $35,550
2020 $1,737 $23,975 $1,825 $22,150
2019 $766 $23,975 $1,825 $22,150
2018 $556 $17,400 $1,825 $15,575
2017 $569 $17,400 $1,825 $15,575
2016 $682 $15,600 $0 $0
2014 $682 $15,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038798

Memphis Area Association of REALTORS®

APN: 08-5004-0-0010