NOT LISTED FOR SALE

Estimated Value: $95,000 - $107,000

4 Beds
1 Bath
1,200-1,399 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $90,000 $64 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $564/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Wood Flooring
  • Porch
  • Level Lot

About This Home

As of July 2022

4 Bedroom and 1 Bath home for sale in Sherwood Forrest! Home is professionally managed and currently has a tenant paying $850. The lease ends April 2023. The sewer has recently been replaced and tenant is current. HVAC replaced in 2014, water heater in 2017, and new roof over carport! Please call listing agent and do not disturb tenants. Viewing is accepted upon binding contract. Home being sold "as is."

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 06/16/2022

Last Buyer's Agent

Gabrielle Rowe

eXp Realty, LLC License #353304

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $532

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 61x125
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,280 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Barron Manor 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058037 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$532

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: BARRON MANOR 1ST ADD
  • List Price Per Sq Ft: 78
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 70.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1280
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

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: 28
  • Acreage: 0.17
  • Lot Size: 61X125
  • Price Per Acre: 585294

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058037 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 15, 2022
Sold by
Barron Avenue Trust
Bought by
Innovative Real Estate Investments Llc
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Gabrielle Rowe
eXp Realty, LLC
List Price
$99,500
Sold Price
$90,000
Premium/Discount to List
-$9,500
-9.55%
Current Estimated Value
$99,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,041
Avg. Annual Appreciation
2.95%
Original Mortgage
$63,000
Outstanding Balance
$60,294
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$38,747

Purchase Details

Closed on
Aug 13, 2020
Sold by
Poon Philip
Bought by
Barron Aveneu Trusts

Purchase Details

Closed on
Jul 15, 2015
Sold by
1610 Properties Llc
Bought by
Poon Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2014
Sold by
Rice Lawrence and Rice Doris
Bought by
1610 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Citifinancial Mortgage Co
Bought by
Rice Lawrence and Rice Doris

Purchase Details

Closed on
Jul 10, 2003
Sold by
Rice Lawrence M and Rice Doris M
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Dec 17, 1998
Sold by
Associates Home Equity Services
Bought by
Rice Lawrence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
6.87%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Grady Lawrence and Miller Carolyn Miller
Bought by
Associates Home Equity Services and Ford Consumer Finance Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
6.87%
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
Innovative Real Estate Investments Llc $90,000 Home Surety Title & Escrow
Barron Aveneu Trusts -- Accommodation
Poon Philip $43,750 Nexus Title & Escrow Llc
1610 Properties Llc $14,250 Delta Title Services Llc
Rice Lawrence -- --
Citifinancial Mortgage Co Inc $43,000 --
Rice Lawrence M $57,900 --
Associates Home Equity Services $42,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Innovative Real Estate Investments Llc $63,000
Previous Owner Poon Philip $43,500
Previous Owner 1610 Properties Llc $42,000
Previous Owner Rice Lawrence M $57,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $90,000 -9.5% $75 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $99,500 -- $83 / 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 $532 $23,925 $4,250 $19,675
2024 $532 $15,700 $2,975 $12,725
2023 $956 $15,700 $2,975 $12,725
2022 $956 $15,700 $2,975 $12,725
2021 $968 $15,700 $2,975 $12,725
2020 $920 $12,700 $2,975 $9,725
2019 $406 $12,700 $2,975 $9,725
2018 $406 $12,700 $2,975 $9,725
2017 $415 $12,700 $2,975 $9,725
2016 $527 $12,050 $0 $0
2014 $527 $12,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126588

Memphis Area Association of REALTORS®

APN: 05-8037-0-0002