NOT LISTED FOR SALE

Estimated Value: $111,000 - $184,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $51,500 $29 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $904/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • Great Room
  • Some Wood Windows

About This Home

As of May 2014

Great opportunity to own this brick traditional in Raleigh Terrace offering 4 bedrooms/2 baths on landscaped lot! Good condition inside and out. Auction terms apply~info available @ www.homesearch.com

Last Agent to Sell the Property

Jeff Burress

Crye-Leike, Inc., REALTORS License #277030 Listed on: 03/17/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Sam Hanks

Broker South Realty License #285943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $859

Year Built

  • Built in 1967

Lot Details

  • 0.38 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,631 Sq Ft Home
  • 1.4-Story Property
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Raleigh Terrace 1St Addn Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 085003 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$859

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: CRAIN
  • MLS Map #: 734D
  • MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
  • Corporate Own: Yes
  • Freestanding: Yes
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1.4
  • Price Per Sq Ft: 31.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1631
  • Year Built: 1967
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • 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
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 27
  • Acreage: 0.38
  • Lot Size: 123.43/58.14 X 135.02/117.28
  • Price Per Acre: 86842

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 085003 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 18, 2014
Sold by
U S Bank Na
Bought by
Lee Steven Hian Boon
Seller's Agent
Jeff Burress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$40,000
Sold Price
$51,500
Premium/Discount to List
$11,500
28.75%
Total Days on Market
30
Current Estimated Value
$148,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,669
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Feb 25, 2014
Sold by
Williams Lachandra
Bought by
U S Bank N A

Purchase Details

Closed on
Oct 20, 2006
Sold by
Wade Melissa K and Wade Peggy A
Bought by
Hud

Purchase Details

Closed on
Aug 30, 1995
Bought by
Semsch Arnold E and Semsch Virgi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,964
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

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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
Lee Steven Hian Boon $51,500 None Available
U S Bank N A $57,150 None Available
Hud $80,586 None Available
Semsch Arnold E $69,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lachandra $62,080
Previous Owner Wade Melissa K $35,000
Previous Owner Wade Melissa K $69,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $51,500 +28.8% $32 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $40,000 -- $25 / 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 $859 $37,750 $4,525 $33,225
2024 $859 $25,350 $3,275 $22,075
2023 $1,544 $25,350 $3,275 $22,075
2022 $1,544 $25,350 $3,275 $22,075
2021 $1,562 $25,350 $3,275 $22,075
2020 $1,221 $16,850 $3,275 $13,575
2019 $1,221 $16,850 $3,275 $13,575
2018 $1,221 $16,850 $3,275 $13,575
2017 $693 $16,850 $3,275 $13,575
2016 $684 $15,650 $0 $0
2014 $684 $15,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3293010

Memphis Area Association of REALTORS®

APN: 08-5003-0-0020