$47,500
SOLD MAY 24, 2018
4 Beds
3 Baths
2,000-2,199 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

27% Below List Price

115 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Some Wood Windows
  • Loft
  • Den with Fireplace
  • 2 Car Attached Garage

About This Home

As of December 2018

4 bedroom 3 bath split level in Raleigh / home is in need of repairs and will not qualify for most financing / good home for fha 203k / large yard / carport with plenty of storage / brick exterior / deck

Last Agent to Sell the Property

Ben Strauch

Skyline Realty License #265513 Listed on: 01/09/2018

Last Buyer's Agent

Fred Sengstacke

KAIZEN Realty, LLC License #320751

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 1967

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,030 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Storage Room
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Deck

Utilities

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

Community Details

  • Raleigh Terrace 1St Addn S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085004 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,267

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • MLS Map #: 734D
  • MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
  • List Price Per Sq Ft: 27
  • Number Of Stories: 2
  • Price Per Sq Ft: 23.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2030
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Split Bedroom Plan, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 1, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Entry Hall, Loft/Balcony
  • 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, Deck
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Cove
  • Lot Number: 11
  • Acreage: 0.1
  • Lot Size: 38.09/66.86+91.53X118.47/116.61
  • Price Per Acre: 550000

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
8.43%
Original Mortgage
$10,000
Outstanding Balance
$8,895
Interest Rate
4.9%
Mortgage Type
Unknown
Estimated Equity
$196,796

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

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Range of Values:

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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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018275

Memphis Area Association of REALTORS®

APN: 08-5004-0-0010