NOT LISTED FOR SALE

Estimated Value: $94,457 - $124,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $85,000 $61 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $614/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of September 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $850 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: 07/12/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $423

Year Built

  • Built in 1972

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,229 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Timberlake Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090074 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$423

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731C
  • MAAR Subdivision Name: TIMBERLAKE
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.16
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1229
  • Year Built: 1972
  • 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: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • 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: Wood/Composition
  • 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: 161
  • Acreage: 0.15
  • Lot Size: 90/23.01 + 42.90 X 114.35/130.70
  • Price Per Acre: 566667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090074 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 4, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Abraham John C
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$106,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,376
Avg. Annual Appreciation
3.87%
Original Mortgage
$63,750
Outstanding Balance
$56,434
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$50,180

Purchase Details

Closed on
Apr 26, 2019
Sold by
Jay Lands Llc
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2013
Sold by
Huggins Joyce
Bought by
Jay Lands Llc

Purchase Details

Closed on
Oct 7, 2010
Sold by
Ryan Enterprises Llc
Bought by
Huggins Gerrod

Purchase Details

Closed on
Mar 31, 2009
Sold by
Dabney Tyrone
Bought by
Ryan Enterprises Llc

Purchase Details

Closed on
Jun 11, 2008
Sold by
Wells Fargo Bank Na
Bought by
Dabney Tyrone

Purchase Details

Closed on
May 31, 2007
Sold by
Pughes Alvin and Pughes Annette
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2000-C As

Purchase Details

Closed on
Aug 16, 1999
Sold by
Golden Donald W and Golden Laverne H
Bought by
Pughes Alvin and Pughes Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back
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
Abraham John C $85,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $28,000 Regency Title & Escrow Llc
Jay Lands Llc $28,500 None Available
Huggins Gerrod -- None Available
Ryan Enterprises Llc -- None Available
Dabney Tyrone $9,000 Lehman Land Title Inc
Wells Fargo Bank Na $40,375 None Available
Pughes Alvin $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham John C $63,750
Previous Owner Memphis Investment Properties Ii Llc $50,000
Previous Owner Pughes Alvin $17,105
Previous Owner Pughes Alvin $44,800
Previous Owner Pughes Alvin $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $85,000 0.0% $71 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $85,000 -- $71 / 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 $423 $20,375 $2,500 $17,875
2024 $423 $12,475 $1,925 $10,550
2023 $760 $12,475 $1,925 $10,550
2022 $760 $12,475 $1,925 $10,550
2021 $769 $12,475 $1,925 $10,550
2020 $793 $10,950 $1,925 $9,025
2019 $350 $10,950 $1,925 $9,025
2018 $350 $10,950 $1,925 $9,025
2017 $358 $10,950 $1,925 $9,025
2016 $458 $10,475 $0 $0
2014 $458 $10,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10057227

Memphis Area Association of REALTORS®

APN: 09-0074-0-0021