NOT LISTED FOR SALE

Estimated Value: $99,000 - $178,000

2 Beds
1 Bath
1,368 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $84,700 $62 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $931/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property has 3 Levels
  • No HOA
  • Carpet

About This Home

As of October 2024

SOLD IN BULK AS PART OF A PACKAGE OF 14 Terrific investment opportunity! Professionally managed and cash flowing home currently rented for $1000/mo. Market rent is closer to $1200/mo. Seller has multiple properties for sale. Bulk offers STRONGLY PREFERRED as Seller seeks to do a 1031x with the proceeds. Lease and ledger available upon request. Do not approach or disturb tenant. Property is a 2/1 in a GREAT location near University of Memphis. SEE PHOTOS FOR LIST OF homes. Total Price: 1.76m Rent: $13,215 Lease ends 10/31/24

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 1938

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x137

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,368 Sq Ft Home
  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Chandlers Carnes & Highland Subdivision

Listing and Financial Details

  • Tax Lot 6 & 7
  • Assessor Parcel Number 045116 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$830

Year Built

Built in 1938

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1938
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Carpet
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1368
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 65X137
  • Lot Size Units: Acres
  • Parcel #: 045116 00004
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 830
  • Tax Lot: 6 & 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Pegasus Real Estate Services Llc
Bought by
Wolf Capital Holdings Tn2 Llc
Current Estimated Value
$148,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Outstanding Balance
$138,711
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$9,889

Purchase Details

Listed on
Oct 23, 2024
Closed on
Oct 20, 2024
Sold by
3451 Carnes Llc
Bought by
Pegasus Real Estate Services Llc
List Price
$110,000
Sold Price
$84,700
Premium/Discount to List
-$25,300
-23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.99%
Original Mortgage
$84,700
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2021
Closed on
May 20, 2021
Sold by
Gp Jist Propertis
Bought by
3451 Carnes Llc
Seller's Agent
Gary Garrison
BHHS McLemore & Co. Realty
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$81,604
Sold Price
$66,931
Premium/Discount to List
-$14,673
-17.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Feb 14, 2008
Sold by
Friedlander Steve
Bought by
Jist Properties Gp

Purchase Details

Closed on
Jun 1, 2006
Sold by
Raper James W
Bought by
Friedlander Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 2006
Sold by
Raper James W
Bought by
Friedlander Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 2006
Sold by
Cig Properties Llc
Bought by
Raper James W

Purchase Details

Closed on
Jan 19, 2006
Sold by
Citifinancial Mortgage Co Inc
Bought by
Cig Properties Llc

Purchase Details

Closed on
Jan 2, 2006
Sold by
Ingram Walter K
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Oct 23, 2000
Sold by
Alston James L
Bought by
Ingram Ii Walter K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2000
Sold by
Methodist Lebonheur Healthcare Foundatio
Bought by
Alston James Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 1999
Sold by
Dixon Kevin Lee
Bought by
Lipscomb Md Alys H

Purchase Details

Closed on
Oct 6, 1997
Sold by
Yates Lauren Loften and Yates Roderick
Bought by
Dixon Kevin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,361
Interest Rate
7.6%
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
Wolf Capital Holdings Tn2 Llc $164,900 Saddle Creek Title
Pegasus Real Estate Services Llc $84,700 Realty Title
3451 Carnes Llc $362,812 None Available
Jist Properties Gp -- None Available
Friedlander Steve -- None Available
Friedlander Steve -- None Available
Raper James W -- None Available
Cig Properties Llc $38,000 Associates Closing & Title H
Citifinancial Mortgage Co Inc $39,900 --
Ingram Ii Walter K $65,000 Southern Trust Title Company
Ingram Ii Walter K $65,000 Southern Trust Title Company
Alston James Louis $45,250 Southern Escrow Title Compan
Alston James Louis $45,250 Southern Escrow Title Compan
Lipscomb Md Alys H $64,361 --
Lipscomb Md Alys H $64,361 --
Dixon Kevin Lee $63,700 Memphis Title
Dixon Kevin Lee $63,700 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Capital Holdings Tn2 Llc $139,900
Previous Owner Pegasus Real Estate Services Llc $84,700
Previous Owner Friedlander Steve $64,800
Previous Owner Ingram Ii Walter K $58,500
Previous Owner Dixon Kevin Lee $64,361
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $110,000 +29.9% $80 / Sq Ft
10/23/2024 10/23/24 Sold $84,700 0.0% $62 / Sq Ft
10/23/2024 10/23/24 Sold $84,700 -23.0% $71 / Sq Ft View Prior Sale
10/23/2024 10/23/24 Pending -- -- --
09/11/2024 09/11/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $110,000 +64.3% $92 / Sq Ft
05/21/2021 05/21/21 Sold $66,931 -18.0% $56 / Sq Ft View Prior Sale
05/20/2021 05/20/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $81,604 -- $68 / Sq Ft
Source: Realtracs

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 -- $20,625 $2,450 $18,175
2024 -- $13,625 $1,000 $12,625
2023 $830 $13,625 $1,000 $12,625
2022 $830 $13,625 $1,000 $12,625
2021 $840 $13,625 $1,000 $12,625
2020 $755 $10,425 $1,000 $9,425
2019 $333 $10,425 $1,000 $9,425
2018 $333 $10,425 $1,000 $9,425
2017 $341 $10,425 $1,000 $9,425
2016 $508 $11,625 $0 $0
2014 $508 $11,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3084719

Realtracs

APN: 04-5116-0-0004

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