NOT LISTED FOR SALE

Estimated Value: $131,392 - $144,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $125,000 $89 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $778/month

About This Home

As of March 2022

Attention investors! Check out this cash-flowing investment opportunity. This property is already occupied and cash flowing for $1100/Month with a lease expiring on 01/31/2023. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/10/2021

Last Buyer's Agent

Julie Cook

REMAX Experts License #345394

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $607

Year Built

  • Built in 1927

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,341 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Treadwell Oaks Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038055 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$607

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: TREADWELL OAKS BLK B
  • List Price Per Sq Ft: 97
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1341
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 45
  • Acreage: 0.22
  • Lot Size: 50X200
  • Price Per Acre: 590455

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 038055 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 24, 2022
Sold by
Warjoy Holdings Llc
Bought by
Ganotra Shivesh
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Julie Cook
REMAX Experts
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Current Estimated Value
$136,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,348
Avg. Annual Appreciation
2.53%
Original Mortgage
$93,750
Outstanding Balance
$88,651
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$47,697

Purchase Details

Closed on
Aug 31, 2021
Sold by
Nguyen Tam Trung and Ho Gam Thi
Bought by
Warjoy Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Wonser Arthur W and Wonser Carolyn J
Bought by
Nguyen Tam Trung and Ho Gam Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,965
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ganotra Shivesh $125,000 New Title Company Name
Warjoy Holdings Llc $92,500 Local Title Llc
Nguyen Tam Trung $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganotra Shivesh $93,750
Previous Owner Warjoy Holdings Llc $94,000
Previous Owner Nguyen Tam Trung $61,965
Previous Owner Wonser Arthur W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $125,000 -3.8% $104 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
02/24/2022 02/24/22 Price Changed $129,900 -3.7% $108 / Sq Ft
02/23/2022 02/23/22 For Sale $134,900 0.0% $112 / Sq Ft
02/23/2022 02/23/22 Price Changed $134,900 +7.9% $112 / Sq Ft
12/21/2021 12/21/21 Off Market $125,000 -- --
11/10/2021 11/10/21 For Sale $139,900 -- $117 / 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 $607 $35,550 $4,125 $31,425
2024 $607 $17,900 $2,200 $15,700
2023 $1,090 $17,900 $2,200 $15,700
2022 $1,090 $17,900 $2,200 $15,700
2021 $486 $17,900 $2,200 $15,700
2020 $904 $12,475 $1,775 $10,700
2019 $399 $12,475 $1,775 $10,700
2018 $399 $12,475 $1,775 $10,700
2017 $408 $12,475 $1,775 $10,700
2016 $553 $12,650 $0 $0
2014 $553 $12,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112441

Memphis Area Association of REALTORS®

APN: 03-8055-0-0030