NOT LISTED FOR SALE

Estimated Value: $78,000 - $87,184

2 Beds
1 Bath
100-999 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $35,250 $35 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $482/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of February 2019

Great rental, 10 year tenant! rents $615 month, newer architectural shingle roof, central heat and air, good condition, sewer line replaced about 10 years ago, has been through the City of Memphis Lead Abatement Program, ext siding paint fading seller will paint when weather gets warmer. occupied do not disturb tenant make offer subject to inspection, owner agent.

Last Agent to Sell the Property

Rick Baer

Rick Baer Realty License #216050 Listed on: 02/03/2019

Last Buyer's Agent

Maggie Armstrong

Keller Williams License #286234

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 725 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Iron Doors
  • Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Wilshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058045 00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$396

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758B
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 48
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 725
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, W/D Connection in Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 17
  • Acreage: 0.2
  • Lot Size: 11100
  • Price Per Acre: 175000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 058045 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
Feb 28, 2019
Sold by
Baer & Company Inc
Bought by
Jarota Llc
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Maggie Armstrong
Keller Williams
List Price
$35,000
Sold Price
$35,250
Premium/Discount to List
$250
0.71%
Current Estimated Value
$82,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,046
Avg. Annual Appreciation
15.45%
Original Mortgage
$33,200
Outstanding Balance
$25,854
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$63,587

Purchase Details

Closed on
Feb 28, 2004
Sold by
Baer & Co Inc
Bought by
Baer Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Baer Richard
Bought by
Baer & Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2002
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Mar 7, 2002
Sold by
Pilate Teri L
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
May 22, 1998
Sold by
Christopher Angie P
Bought by
Pilate Teri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,415
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 1996
Bought by
Presley Benjamin M and Presley Barba
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
Jarota Llc $35,250 Close Trak Closing & Title
Baer Richard -- --
Baer & Co Inc -- --
Hud $46,552 --
Tennessee Housing Development Agency $46,552 --
Pilate Teri L $42,000 --
Presley Benjamin M $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarote Llc $33,200
Previous Owner Baer Richard $28,500
Previous Owner Pilate Teri L $14,193
Previous Owner Pilate Teri L $13,460
Previous Owner Pilate Teri L $43,415
Previous Owner Christopher Angie P $13,500
Closed Pilate Teri L $1,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $35,250 +0.7% $353 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/03/2019 02/03/19 For Sale $35,000 -- $350 / 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 $396 $16,950 $4,675 $12,275
2024 $396 $11,675 $3,250 $8,425
2023 $711 $11,675 $3,250 $8,425
2022 $711 $11,675 $3,250 $8,425
2021 $845 $11,675 $3,250 $8,425
2020 $502 $6,925 $2,325 $4,600
2019 $221 $6,925 $2,325 $4,600
2018 $221 $6,925 $2,325 $4,600
2017 $282 $8,625 $2,325 $6,300
2016 $273 $6,250 $0 $0
2014 $273 $8,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10045203

Memphis Area Association of REALTORS®

APN: 05-8045-0-0035