NOT LISTED FOR SALE

Estimated Value: $84,000 - $103,635

2 Beds
1 Bath
1,000-1,199 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $92,900 $77 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $598/month

92 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2023

Completely renovated home with resident on a 2-year lease at $975 in year 1 and $995 in year 2. New roof, sewer line, AC and updates inside home. Our repairs and updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? We are always looking to buy homes "as is" without inspection and will pay cash. Call listing agent for details.

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 03/01/2023

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 03/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1956

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61x121
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,077 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Lamar View 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073017 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 771A
  • MAAR Subdivision Name: LAMAR VIEW
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Price Per Sq Ft: 86.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1077
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • 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: 162
  • Acreage: 0.16
  • Lot Size: 61X121
  • Price Per Acre: 580625

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 073017 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jun 28, 2023
Sold by
Memphis Turnkey Properties Gp
Bought by
Sorgentoni Jennifer and Sorgentoni Tara
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$92,900
Sold Price
$92,900
Current Estimated Value
$98,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,866
Avg. Annual Appreciation
3.47%
Original Mortgage
$69,675
Outstanding Balance
$68,156
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$31,749

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 3, 2022
Sold by
Cotton Family Trust
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
Ryder Cotton
Haven Real Estate, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$89,900
Sold Price
$62,000
Premium/Discount to List
-$27,900
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.72%
Original Mortgage
$75,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 11, 2021
Sold by
Gp Memphis Cashflow
Bought by
Cotton Nicholas and Cotton Cheryl

Purchase Details

Closed on
Nov 9, 2020
Sold by
Lambert Colin
Bought by
Gp Memphis Cashflow

Purchase Details

Closed on
Aug 19, 2011
Sold by
Maxwell Nick
Bought by
Lambert Colin

Purchase Details

Closed on
Aug 15, 2011
Sold by
Buckner Anthony Jerome
Bought by
Maxwell Nick

Purchase Details

Closed on
Mar 2, 2006
Sold by
Aurora Loan Services
Bought by
Buckner Anthony Jerome

Purchase Details

Closed on
Jan 19, 2006
Sold by
Powell Janet
Bought by
Aurora Loan Services

Purchase Details

Closed on
Feb 4, 2003
Sold by
Capitol Management Inc
Bought by
Powell Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.89%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Jemison Willie L
Bought by
Hud

Purchase Details

Closed on
Mar 31, 1999
Sold by
Edwards Paul L and Edwards Vickki V
Bought by
Jemison Willie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
6.85%
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
Sorgentoni Jennifer $92,900 Home Surety Title & Escrow
Memphis Turnkey Properties Gp $62,000 Home Surety Title & Escrow
Cotton Nicholas $422,500 Saddle Creek Title Llc
Gp Memphis Cashflow $58,800 Saddle Creek Title Llc
Lambert Colin $54,000 Saddle Creek Title Llc
Maxwell Nick $16,000 Tam Title & Escrow Llc
Buckner Anthony Jerome $10,000 None Available
Aurora Loan Services $45,683 None Available
Powell Janet $55,000 --
Hud $52,848 --
Jemison Willie L $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorgentoni Jennifer $69,675
Previous Owner Memphis Turnkey Properties Gp $75,000
Previous Owner Powell Janet $44,000
Previous Owner Capitol Management Inc $41,250
Previous Owner Jemison Willie L $48,466
Closed Jemison Willie L $3,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $92,900 0.0% $93 / Sq Ft
03/01/2023 03/01/23 For Sale $92,900 +49.8% $93 / Sq Ft
08/03/2022 08/03/22 Sold $62,000 -11.3% $62 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $69,900 -22.2% $70 / Sq Ft
07/02/2022 07/02/22 For Sale $89,900 +45.0% $90 / Sq Ft
07/01/2022 07/01/22 Off Market $62,000 -- --
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 $682 $28,100 $2,500 $25,600
2024 $344 $20,125 $1,750 $18,375
2023 $618 $10,150 $1,750 $8,400
2022 $618 $10,150 $1,750 $8,400
2021 $350 $10,150 $1,750 $8,400
2020 $723 $9,975 $1,750 $8,225
2019 $319 $9,975 $1,750 $8,225
2018 $319 $9,975 $1,750 $8,225
2017 $326 $9,975 $1,750 $8,225
2016 $454 $10,400 $0 $0
2014 $454 $10,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151262

Memphis Area Association of REALTORS®

APN: 07-3017-0-0021