NOT LISTED FOR SALE

Estimated Value: $159,000 - $171,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $45,000 $25 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $973/month

89 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • 1 Fireplace
  • Some Wood Windows
  • Patio

About This Home

As of January 2017

Equal Housing Opportunity. HUD OWNED. Fantastic opportunity! All information herein is believed to be true, but not warranted:selling agent to verify all information. Property built in 1967 and approximately 1619 sqft. Fantastic opportunity!!Ranch style home in Shelby County. Advantages include the ability to live close to your kids school and shopping. Nice backyard perfect for entertaining and summer fun.

Last Agent to Sell the Property

Michael Tally

Tally Real Estate Group, LLC License #331281 Listed on: 09/22/2016

Last Buyer's Agent

Monica Rainey

Keller Williams License #286555

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,662 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Concrete Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Hills Re Blk G Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086026 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: RALEIGH HILLS BLK G
  • List Price Per Sq Ft: 41
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 27.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1662
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Floors/Ceilings: Concrete Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 402
  • Acreage: 0.19
  • Lot Size: 68.37/72.5 X 125.36/125
  • Price Per Acre: 355500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 086026 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Mody Sapan and Patel Tina Mita
Bought by
Windy Willows Llc
Current Estimated Value
$166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Outstanding Balance
$545,333
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$379,000

Purchase Details

Closed on
May 15, 2017
Sold by
Invest America Llc
Bought by
Mody Sapan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Jan 20, 2017
Sold by
Secretary Of Hud
Bought by
Invest America Llc
Seller's Agent
Michael Tally
Tally Real Estate Group, LLC
Buyer's Agent
Monica Rainey
Keller Williams
List Price
$75,050
Sold Price
$45,000
Premium/Discount to List
-$30,050
-40.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$70,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2015
Sold by
Lauderdale Twyone G
Bought by
Midfirst Bank

Purchase Details

Closed on
Sep 14, 1998
Sold by
Stroud B D Micah and Stroud Meghan L
Bought by
Lauderdale Twyone G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 1997
Sold by
Mullen Steven P and Oden Barbara G
Bought by
Stroud B D Micah and Stroud Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,444
Interest Rate
7.39%
Mortgage Type
FHA
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
Windy Willows Llc $634,200 Os National Llc
Mody Sapan $89,900 Saddle Creek Title Llc
Invest America Llc $45,000 Saddle Creek Title Llc
Midfirst Bank $67,644 Attorney
Lauderdale Twyone G $77,999 Security Title Company Inc
Stroud B D Micah $72,500 Security Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windy Willows Llc $609,000
Previous Owner Mody Sapan $71,920
Previous Owner Invest America Llc $70,000
Previous Owner Lauderdale Twyone G $77,900
Previous Owner Stroud B D Micah $72,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $45,000 -40.0% $28 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $75,050 -- $47 / 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 $833 $33,750 $3,750 $30,000
2024 $833 $24,575 $2,900 $21,675
2023 $1,497 $24,575 $2,900 $21,675
2022 $1,497 $24,575 $2,900 $21,675
2021 $1,515 $24,575 $2,900 $21,675
2020 $1,125 $15,525 $2,900 $12,625
2019 $496 $15,525 $2,900 $12,625
2018 $496 $15,525 $2,900 $12,625
2017 $508 $15,525 $2,900 $12,625
2016 $645 $14,750 $0 $0
2014 $645 $14,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9987102

Memphis Area Association of REALTORS®

APN: 08-6026-0-0019