NOT LISTED FOR SALE

Estimated Value: $70,000 - $97,298

4 Beds
1 Bath
1,200-1,399 Sq Ft
$62/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $63,000 $45 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $540/month

62 Days on Market

Highlights

  • Double Pane Windows
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2022

This income-producing property ($800 in Rent) will be a great addition to your portfolio. Occupied by current tenants since 2015. Tenants pay on time and want to stay. Please do not disturb. Interior photos are available upon request. The storage unit behind the house belongs to the tenants. The storage unit is not a part of the sale.

Last Agent to Sell the Property

Shannon Dabney

Bespoke Realty License #356309 Listed on: 05/20/2022

Last Buyer's Agent

William Haynes

Crye-Leike, Inc., REALTORS License #355990

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51x122

Parking

  • Driveway

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,246 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Mitchell Rd School Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082004 00038

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MITCHELL RD SCHOOL
  • List Price Per Sq Ft: 59
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1246
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Full Bathrooms: 1

Exterior Features

  • Exterior Windows: Double Pane Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 49
  • Acreage: 0.14
  • Lot Size: 51X122

Tax Info

  • Assessor Parcel Number: 082004 00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 22, 2022
Sold by
Sheldon Carr
Bought by
Lawrie Dan and Lawrie James
Seller's Agent
Shannon Dabney
Bespoke Realty
Buyer's Agent
William Haynes
Crye-Leike, Inc., REALTORS
List Price
$77,500
Sold Price
$63,000
Premium/Discount to List
-$14,500
-18.71%
Current Estimated Value
$86,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,825
Avg. Annual Appreciation
10.02%
Original Mortgage
$50,400
Outstanding Balance
$48,131
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$38,694

Purchase Details

Closed on
May 15, 2015
Sold by
Shelby County
Bought by
Carr Sheldon

Purchase Details

Closed on
Jul 20, 2000
Sold by
Aaron Brandon and Aaron Patterson Y
Bought by
Brandon Aaron and Patterson Rosetta Y
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lawrie Dan $63,000 Memphis Title
Carr Sheldon $5,400 None Available
Brandon Aaron -- Chicago Title Insurance Co
Brandon Aaron -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrie Dan $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $63,000 -14.9% $53 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $74,000 -4.5% $62 / Sq Ft
05/20/2022 05/20/22 For Sale $77,500 -- $65 / 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 -- $20,875 $1,575 $19,300
2024 -- $12,875 $1,250 $11,625
2023 $784 $12,875 $1,250 $11,625
2022 $784 $12,875 $1,250 $11,625
2021 $932 $12,875 $1,250 $11,625
2020 $824 $11,375 $1,250 $10,125
2019 $364 $11,375 $1,250 $10,125
2018 $364 $11,375 $1,250 $10,125
2017 $372 $11,375 $1,250 $10,125
2016 $510 $11,675 $0 $0
2014 $490 $11,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124507

Memphis Area Association of REALTORS®

APN: 08-2004-0-0038