NOT LISTED FOR SALE

Estimated Value: $101,405 - $116,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $71,000 $51 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $650/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet

About This Home

As of February 2021

Opportunity for investors to add to their portfolio. 3 bedrooms 2 baths, section 8 tenants. Rent 816.00, tenant rights

Last Listed By

Demetris Mays-Graham

C21 Patterson & Assoc. Real Es License #243040 Listed on: 01/25/2021

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,224 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Fairfield Estates Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090018 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731A
  • MAAR Subdivision Name: FAIRFIELD ESTATES BLK C
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • Price Per Sq Ft: 58.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1224
  • Year Built: 1972
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Master Bedroom: Level 1
  • Master Bedroom Dimensions: 12x12
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 193
  • Acreage: 0.2
  • Lot Size: 70X125
  • Price Per Acre: 340000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090018 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 12, 2021
Sold by
Tm Investment Properties Llc
Bought by
Memon Muhammad Usman
Seller's Agent
Demetris Mays-Graham
C21 Patterson & Assoc. Real Es
Buyer's Agent
Demetris Mays-Graham
C21 Patterson & Assoc. Real Es
List Price
$68,000
Sold Price
$71,000
Premium/Discount to List
$3,000
4.41%
Total Days on Market
1
Current Estimated Value
$107,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,351
Avg. Annual Appreciation
8.91%
Original Mortgage
$53,250
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2020
Sold by
Pugh Mark E and Pugh Timothy L
Bought by
Tm Investment Properties Llc

Purchase Details

Closed on
Jun 20, 2008
Sold by
Lehman Brothers Bank Fsb
Bought by
Pugh Mark E and Pugh Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Wells Fargo Bank Na
Bought by
Lehman Brothers Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2008
Sold by
Moore Augustus Frank and Moore Karen Anita
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 9, 1996
Sold by
Vogel William G and Lombardi Anthony
Bought by
Moore Augustus Frank and Moore Karen Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
8.28%
Mortgage Type
FHA

Range of Values:

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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
Memon Muhammad Usman $71,000 None Available
Tm Investment Properties Llc -- None Available
Pugh Mark E $27,000 Chicago Title Ins Co
Lehman Brothers Bank Fsb -- Chicago Title Ins Co
Wells Fargo Bank Na $48,750 None Available
Moore Augustus Frank $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Memon Muhammad Usman $53,250
Previous Owner Pugh Mark E $48,000
Previous Owner Moore Augustus Frank $47,250
Previous Owner Moore Augustus Frank $48,466
Closed Moore Augustus Frank $2,686
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $71,000 +4.4% $59 / Sq Ft
01/25/2021 01/25/21 For Sale $68,000 -- $57 / 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
2024 $582 $17,175 $2,400 $14,775
2023 $1,046 $17,175 $2,400 $14,775
2022 $1,046 $17,175 $2,400 $14,775
2021 $1,059 $17,175 $2,400 $14,775
2020 $886 $12,225 $2,400 $9,825
2019 $391 $12,225 $2,400 $9,825
2018 $391 $12,225 $2,400 $9,825
2017 $400 $12,225 $2,400 $9,825
2016 $473 $10,825 $0 $0
2014 $473 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092418

Memphis Area Association of REALTORS®

APN: 09-0018-0-0012