NOT LISTED FOR SALE

Estimated Value: $101,000 - $118,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $51,500 $37 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $651/month

128 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Laundry Room
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of October 2015

Great Optional Schools for the kids and convenient to daycare, transportation, stores, churches and restaurants. Neat home perfect for family living with living room/ dining room combo, 3 bedrooms, kitchen, den, 1 1/2 baths, single carport and a large fenced back yard perfect for family fun! Ask about qualifying for Fannie Mae's "HomePath Ready Buyer Initiative Program" designed to help first time home buyers with home buyer education and up to 3% closing cost help!!

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 05/19/2015

Last Buyer's Agent

Douglas Bentley

Good Shepherds Realty & Invest License #253489

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,244 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Sherwood Forest Re S/D Of Sherwood Fo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058038 00004

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1244
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 26
  • Acreage: 0.2
  • Lot Size: 9100

Tax Info

  • Assessor Parcel Number: 058038 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Oct 23, 2015
Sold by
Fannie Mae
Bought by
Vester Bobbie L
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Douglas Bentley
Good Shepherds Realty & Invest
List Price
$65,000
Sold Price
$51,500
Premium/Discount to List
-$13,500
-20.77%
Current Estimated Value
$107,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,277
Avg. Annual Appreciation
7.65%
Original Mortgage
$48,925
Outstanding Balance
$38,507
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,270

Purchase Details

Closed on
Dec 8, 2014
Sold by
Madkins Michael D
Bought by
Federal National Mortgage Association
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
Vester Bobbie L $51,500 Attorney
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vester Bobbie L $48,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $51,500 -20.8% $43 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $65,000 -- $54 / 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 -- $27,800 $4,250 $23,550
2024 -- $16,725 $2,975 $13,750
2023 $1,019 $16,725 $2,975 $13,750
2022 $1,019 $16,725 $2,975 $13,750
2021 $1,031 $16,725 $2,975 $13,750
2020 $1,051 $14,500 $2,975 $11,525
2019 $1,051 $14,500 $2,975 $11,525
2018 $1,051 $14,500 $2,975 $11,525
2017 $596 $14,500 $2,975 $11,525
2016 $600 $13,725 $0 $0
2014 $600 $13,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9952414

Memphis Area Association of REALTORS®

APN: 05-8038-0-0004