NOT LISTED FOR SALE

Estimated Value: $150,000 - $182,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $155,000 $111 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $973/month

128 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Bar
  • Traditional Architecture
  • Porch
  • Landscaped

About This Home

As of August 2024

AS-IS ONLY. MOTIVATED SELLER! Nestled in a vibrant community of Memphis, this property offers a perfect blend of affordability & potential for turnkey rental income. This residence is within a convenient distance to the University of Memphis. Ideal for first time home buyers looking buy a fixer upper or investors that wish to rent by the room to school students or add to their portfolio. VIDEO AVAILABLE UPON REQUEST.

Last Agent to Sell the Property

Jordan Ray

eXp Realty, LLC License #375004 Listed on: 02/28/2024

eXp Realty, LLC

Last Buyer's Agent

Vincent Nutt

Bryan Realty Group License #355816

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1927

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 65x155
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,231 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Hyatts Chancery Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046014 00062

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758A
  • MAAR Subdivision Name: HYATTS CHANCERY COURT
  • Number Of Stories: 1
  • Price Per Sq Ft: 125.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1231
  • Year Built: 1927
  • List Price/ Sq Ft: 126
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck, Wood Fence, Sidewalks
  • Exterior Windows: Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 7
  • Acreage: 0.23
  • Lot Size: 65X155
  • Price Per Acre: 673913
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 046014 00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Aug 5, 2024
Sold by
Tarantino Christopher and Tarantino Kathryne
Bought by
Redman Chevy
Seller's Agent
Jordan Ray
eXp Realty, LLC
Buyer's Agent
Vincent Nutt
Bryan Realty Group
List Price
$189,900
Sold Price
$155,000
Premium/Discount to List
-$34,900
-18.38%
Views
34
Current Estimated Value
$164,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,267
Avg. Annual Appreciation
4.96%
Original Mortgage
$139,500
Outstanding Balance
$137,918
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$26,349

Purchase Details

Closed on
Mar 7, 2017
Sold by
Lcnmc Llc
Bought by
Tarantino Christopher and Tarantino Kathryne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,999
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Listed on
May 9, 2013
Closed on
Jun 17, 2013
Sold by
Deutsche Bank Trust Co Americas
Bought by
Lcnmc Llc
Seller's Agent
Rob Stone
Real Estate Professionals, LLC
Buyer's Agent
Jill Coleman
Crye-Leike, Inc., REALTORS
List Price
$49,900
Sold Price
$48,000
Premium/Discount to List
-$1,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Mcspadden Gilbert R
Bought by
Deutsche Bank Trust Co

Purchase Details

Closed on
Jul 28, 2004
Sold by
Wilson Wood Roberta
Bought by
Mcspadden Gilbert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1998
Sold by
Cross Carl W
Bought by
Wilson Wood Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
6.84%

Purchase Details

Closed on
Oct 26, 1995
Bought by
Rhodes Roger P and Rhodes Wendy B
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
Redman Chevy $155,000 Foundation Title & Escrow
Tarantino Christopher $80,000 None Available
Lcnmc Llc -- Land Castle Title Lc
Deutsche Bank Trust Co $80,800 None Available
Mcspadden Gilbert R $101,000 --
Wilson Wood Roberta $89,000 --
Rhodes Roger P $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redman Chevy $139,500
Previous Owner Tarantino Christopher $94,999
Previous Owner Mcspadden Gilbert R $80,800
Previous Owner Wilson Wood Roberta $84,550
Closed Mcspadden Gilbert R $20,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $155,000 0.0% $129 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $155,000 -9.3% $129 / Sq Ft
05/31/2024 05/31/24 Price Changed $170,900 -10.0% $142 / Sq Ft
02/28/2024 02/28/24 For Sale $189,900 +295.6% $158 / Sq Ft
06/17/2013 06/17/13 Sold $48,000 -3.8% $40 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $49,900 -- $42 / 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 $1,233 $41,400 $8,275 $33,125
2024 $1,233 $36,375 $6,625 $29,750
2023 $2,216 $36,375 $6,625 $29,750
2022 $2,216 $36,375 $6,625 $29,750
2021 $2,242 $36,375 $6,625 $29,750
2020 $1,788 $24,675 $6,625 $18,050
2019 $1,788 $24,675 $6,625 $18,050
2018 $1,788 $24,675 $6,625 $18,050
2017 $1,014 $24,675 $6,625 $18,050
2016 $1,144 $26,175 $0 $0
2014 $1,144 $26,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10170862

Memphis Area Association of REALTORS®

APN: 04-6014-0-0062