NOT LISTED FOR SALE

Estimated Value: $163,000 - $193,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$101/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2023

Last sale price $149,900 $83 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,072 / mo

13 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den
  • Wood Flooring
  • Great Room
  • Eat-In Kitchen

About This Home

As of January 2023

Super cute home in Memphis with a handsome porch and tons of character! Boasting three sizable bedrooms, two full baths, hard wood floors, NO carpet, eat-in kitchen, living/sitting room, dining room, great room with fireplace, full bath in primary bedroom & so much more! Clean, and ready for it's new owner!

Last Agent to Sell the Property

John Quinn

REMAX Experts License #263284 Listed on: 11/15/2022

REMAX Experts

Last Buyer's Agent

Frank Colvett

REMAX Experts License #353596

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 61x200
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,650 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Terrace 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085002 00046

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.28 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1650
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 44
  • Acreage: 0.28
  • Lot Size: 61X200

Tax Info

  • Assessor Parcel Number: 085002 00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 17, 2023
Sold by
Russell Barbara
Bought by
Touray Kava Marnett
Seller's Agent
John Quinn
REMAX Experts
Buyer's Agent
Frank Colvett
REMAX Experts
List Price
$149,900
Sold Price
$149,900
Views
52
Current Estimated Value
$181,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,770
Avg. Annual Appreciation
6.15%
Original Mortgage
$147,184
Outstanding Balance
$142,404
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$39,266

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jul 12, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Russell Barbara
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$89,900
Sold Price
$69,000
Premium/Discount to List
-$20,900
-23.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$67,803
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2016
Sold by
Fondren Johnnie M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 25, 2007
Sold by
Spacek Laura M
Bought by
Fondren Johnnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Touray Kava Marnett $149,900 Foundation Title & Escrow
Russell Barbara -- None Available
Federal Home Loan Mortgage Corporation $76,500 None Available
Fondren Johnnie M $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touray Kava Marnett $147,184
Previous Owner Russell Barbara $67,803
Previous Owner Fondren Johnnie M $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2023 01/17/23 Sold $149,900 0.0% $94 / Sq Ft
11/15/2022 11/15/22 For Sale $149,900 +117.2% $94 / Sq Ft
07/31/2017 07/31/17 Sold $69,000 -23.2% $38 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $89,900 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,113 $49,100 $3,850 $45,250
2024 $1,113 $32,825 $2,800 $30,025
2023 $2,000 $32,825 $2,800 $30,025
2022 $2,000 $32,825 $2,800 $30,025
2021 $2,023 $32,825 $2,800 $30,025
2020 $1,513 $20,875 $2,800 $18,075
2019 $667 $20,875 $2,800 $18,075
2018 $667 $20,875 $2,800 $18,075
2017 $683 $20,875 $2,800 $18,075
2016 $843 $19,300 $0 $0
2014 $843 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137698

Memphis Area Association of REALTORS®

APN: 08-5002-0-0046

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