NOT LISTED FOR SALE

Estimated Value: $135,657 - $158,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $84,900 $53 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $837/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Flooring
  • 1-Story Property

About This Home

As of July 2018

Great turnkey investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, HVAC, Roof and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 05/25/2018

Foundation Property Management

Co-Listed By

Mark Hart

Reedy & Company, REALTORS License #342634

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 68 x 129.35
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,476 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Nam Ni Estates Blk A 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090057 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-5
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1476
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 423
  • Acreage: 0.2
  • Lot Size: 68 X 129.35
  • Price Per Acre: 424500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 090057 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Bene Thomas
Bought by
Moon Pie Properties Llc
Current Estimated Value
$148,164

Purchase Details

Closed on
May 19, 2022
Sold by
3593 Voltaire Avenue Trust
Bought by
Bene Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2018
Sold by
Gaston John D
Bought by
Smith Scott Royal and 3953 Voltaire Avenue Trust

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 12, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Gaston John D
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$84,900
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$67,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 20, 2018
Sold by
Origin Bank
Bought by
Memphis Investments Rental Properties Ll
Seller's Agent
M. Scott Bettis
Crye-Leike Commercial
Buyer's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
List Price
$34,500
Sold Price
$39,000
Premium/Discount to List
$4,500
13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3332.81%
Original Mortgage
$60,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 19, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Origin Bank
Seller's Agent
M. Scott Bettis
Crye-Leike Commercial
Buyer's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
List Price
$34,500
Sold Price
$39,000
Premium/Discount to List
$4,500
13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2017
Sold by
Origin Bank
Bought by
The Secretary Of Veterans Affairs An Off

Purchase Details

Closed on
Mar 2, 2017
Sold by
Williams Lynnette A and Miller Lynnette A
Bought by
Shirley Stanley S
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
Moon Pie Properties Llc -- --
Bene Thomas $136,000 Delta Title Services
Smith Scott Royal -- None Available
Gaston John D $84,900 Delta Title Services Llc
Memphis Investments Rental Properties Ll $99,000 Multiple
Origin Bank -- Servicelink Llc
The Secretary Of Veterans Affairs An Off -- None Available
Shirley Stanley S $36,027 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bene Thomas $81,600
Previous Owner Gaston John D $67,920
Previous Owner Memphis Investments Rental Properties Ll $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $84,900 0.0% $61 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $84,900 +117.7% $61 / Sq Ft
04/25/2018 04/25/18 Sold $39,000 +13.0% $28 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $34,500 -- $25 / 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 $650 $29,525 $2,875 $26,650
2024 $650 $19,175 $2,250 $16,925
2023 $1,168 $19,175 $2,250 $16,925
2022 $1,168 $19,175 $2,250 $16,925
2021 $662 $19,175 $2,250 $16,925
2020 $1,074 $14,825 $2,250 $12,575
2019 $474 $14,825 $2,250 $12,575
2018 $474 $14,825 $2,250 $12,575
2017 $485 $14,825 $2,250 $12,575
2016 $569 $13,025 $0 $0
2014 $569 $13,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027869

Memphis Area Association of REALTORS®

APN: 09-0057-0-0019