$56,000
SOLD MAR 4, 2020
3 Beds
2 Baths
1,400-1,599 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

14% Below List Price

21 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • End Unit
  • Wood Flooring
  • Attic
  • Some Wood Windows

About This Home

As of May 2025

THIS IS NICE 3BD,2BA BRICK ZERO LOT, THAT HAS SPACIOUS INTERIOR AND FENCED IN BACKYARD. INVESTOR LOOKING FOR A PROPERTY WITH POSITIVE CASH FLOW AND STABLE TENANT. THIS IS THE ONE FOR YOU.

Last Agent to Sell the Property

Juan Brooks

Process Realty Services License #272549 Listed on: 01/13/2020

Last Buyer's Agent

Verna Littleton

Fast Track Realty, LLC License #274344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1988

Lot Details

  • 2,614 Sq Ft Lot
  • End Unit
  • Wood Fence
  • Landscaped
  • Level Lot
  • Zero Lot Line

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,504 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Upper Level

Community Details

  • Bishops Gate Pd Area 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 A00090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$725

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 784D
  • MAAR Subdivision Name: BISHOPS GATE AREA 2
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 37.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1504
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling, Two Story Foyer
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Attic
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 90
  • Acreage: 0.06
  • Lot Size: 2978SQFT27X112.5 IRR
  • Price Per Acre: 1083333
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074102 A00090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
May 29, 2025
Sold by
Barragan Priscilla and Barragan Bruce Willie
Bought by
Guarino Paul and Guarino Claire
Seller's Agent
Verna Littleton
Fast Track Realty, LLC
Buyer's Agent
Allie Ann McAlister
Crestcore Realty, LLC
List Price
$112,888
Sold Price
$92,500
Premium/Discount to List
-$20,388
-18.06%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.40%

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 4, 2020
Sold by
Shin Tae W
Bought by
Barragan Pricilla and Barragan Bruce Willie
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$65,000
Sold Price
$56,000
Premium/Discount to List
-$9,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$44,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2010
Sold by
Shin Tae Wol
Bought by
Eo Karen

Purchase Details

Closed on
Jun 29, 2004
Sold by
Momo Llc
Bought by
Delacruz Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Mcharty Elearnor D
Bought by
Hud

Purchase Details

Closed on
Apr 30, 1999
Sold by
Invetments K and Invetments C
Bought by
Mcharty Elearnor D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,661
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1998
Sold by
Tomar Enterprises
Bought by
K & C Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.61%

Purchase Details

Closed on
May 15, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Feb 11, 1998
Sold by
Rios Rene A and Rios Cook S
Bought by
Norwest Mtg Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $92,500 River City Title & Escrow
Warranty Deed $56,000 Baymark T&E Svcs Llc
Deed In Lieu Of Foreclosure $25,556 C&T Title
Warranty Deed $83,900 --
Trustee Deed $94,100 --
Warranty Deed $74,700 --
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed -- --
Trustee Deed $85,625 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $44,800 New Conventional
Previous Owner $420,000 Small Business Administration
Previous Owner $83,900 Purchase Money Mortgage
Previous Owner $51,433 Purchase Money Mortgage
Previous Owner $74,661 FHA
Previous Owner $56,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $92,500 -13.5% $66 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $106,888 -5.3% $76 / Sq Ft
05/04/2025 05/04/25 For Sale $112,888 0.0% $81 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $112,888 -6.6% $81 / Sq Ft
02/14/2025 02/14/25 For Sale $120,888 +115.9% $86 / Sq Ft
03/04/2020 03/04/20 Sold $56,000 -13.8% $40 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $65,000 -- $46 / 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 $725 $31,100 $4,400 $26,700
2024 $725 $21,375 $3,000 $18,375
2023 $1,302 $21,375 $3,000 $18,375
2022 $1,302 $21,375 $3,000 $18,375
2021 $1,548 $21,375 $3,000 $18,375
2020 $1,080 $14,900 $3,000 $11,900
2019 $476 $14,900 $3,000 $11,900
2018 $476 $14,900 $3,000 $11,900
2017 $487 $14,900 $3,000 $11,900
2016 $605 $13,850 $0 $0
2014 $605 $13,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068832

Memphis Area Association of REALTORS®

APN: 07-4102-A0-0090