NOT LISTED FOR SALE

Estimated Value: $127,000 - $142,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $78,000 $49 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $826/month

112 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Eat-In Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Tile Flooring

About This Home

As of February 2019

Investment property with a long term tenant in place - lease through 2020 $960 monthly rent. 3BR/2BA walking distance to Cromwell Elem. & public park. Completely updated & renovated, paint, appliances, tile, carpet, etc in 2015. Large back yard. Storage building stays. ALL PHOTOS ARE FROM 2015, AFTER THE RENOVATION. Scope of work done documents available. Do not disturb tenant. Write offer contingent on approval of inspection. Don't miss this opportunity to add to your portfolio.

Last Agent to Sell the Property

Stacey Berry

Keller Williams License #342511 Listed on: 10/03/2018

Keller Williams

Last Buyer's Agent

Stacey Berry

Keller Williams License #342511 Listed on: 10/03/2018

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,374 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Aluminum Window Frames
  • Den
  • Storm Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Outdoor Storage
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Cromwell Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074034 B00060C

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 772H
  • MAAR Subdivision Name: CROMWELL PARK 3RD ADD SEC B
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1
  • Price Per Sq Ft: 56.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1374
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Storm Door(s)

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 249 and250
  • Acreage: 0.23
  • Lot Size: 94X125 / 0.23
  • Price Per Acre: 391304

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074034 B00060C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Feb 19, 2019
Sold by
Dm Capital Investment Llc
Bought by
Cunanan Benigo Carlos C
Seller's Agent
Stacey Berry
Keller Williams
Buyer's Agent
Stacey Berry
Keller Williams
List Price
$98,000
Sold Price
$78,000
Premium/Discount to List
-$20,000
-20.41%
Current Estimated Value
$138,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,786
Avg. Annual Appreciation
9.08%
Original Mortgage
$58,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2015
Sold by
Memphis Invest Gp
Bought by
Dm Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2015
Sold by
Castro Julian
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2015
Sold by
Meredith Patricia
Bought by
Secretary Of Hud
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
Cunanan Benigo Carlos C $78,000 Saddle Creek Title Llc
Dm Capital Investments Llc $90,900 Chicago Title Insurance Co
Memphis Invest Gp $35,300 None Available
Secretary Of Hud $47,580 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuanan Benigno Carlos C $77,250
Closed Cunanan Benigo Carlos C $58,500
Previous Owner Dm Capital Investments Llc $45,450
Previous Owner Dm Capital Investments Llc $45,450
Previous Owner Memphis Invest Gp $2,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $78,000 -13.3% $56 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
10/16/2018 10/16/18 Price Changed $90,000 -8.2% $64 / Sq Ft
10/03/2018 10/03/18 For Sale $98,000 -- $70 / 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 $791 $36,700 $4,300 $32,400
2024 $791 $23,325 $3,575 $19,750
2023 $1,421 $23,325 $3,575 $19,750
2022 $791 $23,325 $3,575 $19,750
2021 $1,438 $23,325 $3,575 $19,750
2020 $1,627 $22,450 $3,575 $18,875
2019 $1,627 $22,450 $3,575 $18,875
2018 $1,627 $22,450 $3,575 $18,875
2017 $923 $22,450 $3,575 $18,875
2016 $754 $17,250 $0 $0
2014 $754 $17,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10037987

Memphis Area Association of REALTORS®

APN: 07-4034-B0-0060C