NOT LISTED FOR SALE

Estimated Value: $98,000 - $117,000

3 Beds
2 Baths
1,117 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $22,000 $20 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $614/month

35 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Porch
  • Walk-In Closet

About This Home

As of February 2015

Great Potential! TLC. Needs some repairs.Hardwoods thruout. 3BR/2BA brick with large bonus room and workshop! Attached carport and fenced yard. Don't miss!

Last Agent to Sell the Property

Carol Stout

Ware Jones, REALTORS License #318813 Listed on: 12/11/2014

Ware Jones, REALTORS

Last Buyer's Agent

Thomas Boyd

Landmark Realty Group, LLC License #265504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $567

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x125
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Falls Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072008 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$567

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725E
  • MAAR Subdivision Name: FALLS ACRES
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Price Per Sq Ft: 19.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1117
  • Year Built: 1955
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedroom 4 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Other Rooms: Bonus Room, Storage Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Workshop(s)

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 6
  • Acreage: 0.18
  • Lot Size: 65x125
  • Price Per Acre: 138333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072008 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2015
Sold by
Wonderful Properties Llc
Bought by
Dormer Arnold
Current Estimated Value
$106,943

Purchase Details

Listed on
Dec 11, 2014
Closed on
Feb 11, 2015
Sold by
Regions Bank
Bought by
Wonderful Properties Llc
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Thomas Boyd
Landmark Realty Group, LLC
List Price
$24,900
Sold Price
$22,000
Premium/Discount to List
-$2,900
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%
Original Mortgage
$22,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2014
Sold by
Binkley Jones J and Binkley Jessica D
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Mar 18, 2002
Sold by
Weaver Edward Eugene
Bought by
Pearl Taheasure A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,199
Interest Rate
6.8%
Mortgage Type
FHA
Source: Public Records

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
Dormer Arnold $15,000 Attorney
Wonderful Properties Llc $22,000 Tri State Title & Escrow Inc
Union Planters Bank Na $36,000 None Available
Pearl Taheasure A $62,000 First National Financial Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wonderful Properties Llc $22,000
Previous Owner Pearl Taheasure A $20,000
Previous Owner Pearl Taheasure A $62,000
Previous Owner Pearl Taheasure A $20,000
Previous Owner Pearl Taheasure A $61,199
Closed Pearl Taheasure A $2,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $22,000 -11.6% $20 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $24,900 -- $22 / 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 $567 $24,900 $2,150 $22,750
2024 $567 $16,725 $2,025 $14,700
2023 $1,019 $16,725 $2,025 $14,700
2022 $1,019 $16,725 $2,025 $14,700
2021 $1,031 $16,725 $2,025 $14,700
2020 $996 $13,750 $2,025 $11,725
2019 $996 $13,750 $2,025 $11,725
2018 $996 $13,750 $2,025 $11,725
2017 $708 $17,225 $2,025 $15,200
2016 $752 $17,200 $0 $0
2014 $752 $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9941578

Memphis Area Association of REALTORS®

APN: 07-2008-0-0011