NOT LISTED FOR SALE

Estimated Value: $101,000 - $117,418

3 Beds
1 Bath
1,000-1,199 Sq Ft
$90/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $119,900 $100 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $616/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Tile Flooring
  • Level Lot

About This Home

As of October 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $950 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 04/11/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60x183
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,030 Sq Ft Home
  • 1-Story Property
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Johnsons Southmoor Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058018 00088

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: SOUTHMOOR BLK A
  • List Price Per Sq Ft: 116
  • Number Of Stories: 1
  • Price Per Sq Ft: 116.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1030
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 116
  • Acreage: 0.25
  • Lot Size: 60X183
  • Price Per Acre: 479600

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058018 00088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Oct 4, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Rowland Michael R
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$108,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,545
Avg. Annual Appreciation
-3.27%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Gleaves Lisa M
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 13, 2012
Sold by
Gleaves Gene A
Bought by
Gleaves Gene A and Gleaves Lisa M
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
Rowland Michael R $119,900 Delta Title Services
Memphis Investment Properties Iii Llc $30,000 None Listed On Document
Gleaves Gene A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $119,900 0.0% $120 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $119,900 -- $120 / 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 $520 $26,625 $2,025 $24,600
2024 $520 $15,350 $1,625 $13,725
2023 $935 $15,350 $1,625 $13,725
2022 $699 $11,475 $1,625 $9,850
2021 $831 $11,475 $1,625 $9,850
2020 $571 $7,875 $1,625 $6,250
2019 $252 $7,875 $1,625 $6,250
2018 $252 $7,875 $1,625 $6,250
2017 $258 $7,875 $1,625 $6,250
2016 $383 $8,775 $0 $0
2014 $383 $8,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121811

Memphis Area Association of REALTORS®

APN: 05-8018-0-0088