NOT LISTED FOR SALE

Estimated Value: $142,000 - $149,000

3 Beds
2 Baths
1,536 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $136,000 $89 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $820/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Carpet
  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of October 2022

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $1,001/month, managed by a Local Professional Management Company. Lease expires 9/30/2022. Tenant moved in 10/1/2020. Full Renovation done in March 2019. Interior pics, rent rolls, maintenance report available upon request. Part of a 4 property package. Showings only with accepted offer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 41x205

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sherwood Forest Fifth Addition Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 058072 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,161

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1946
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size: 41X205
  • Lot Size Units: Acres
  • Parcel #: 058072 00007
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1161
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 10, 2022
Sold by
Moffic Evan B
Bought by
Mayo Derek
List Price
$139,900
Sold Price
$136,000
Premium/Discount to List
-$3,900
-2.79%
Views
5
Current Estimated Value
$144,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,761
Avg. Annual Appreciation
2.09%
Original Mortgage
$108,800
Outstanding Balance
$104,414
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$40,347

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 23, 2019
Sold by
Memphis Turnkey Properties Gp
Bought by
Moffic Evan B
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$99,500
Sold Price
$84,500
Premium/Discount to List
-$15,000
-15.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$59,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Jan 16, 2019
Sold by
Shelby Residential Vocational Services I
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
John Thorne
HomePlace Real Estate
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1495.70%
Original Mortgage
$67,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2010
Sold by
Housing Options Inc
Bought by
Shelby Residential & Vocational Services

Purchase Details

Closed on
Jan 27, 2005
Sold by
U S Bank Na
Bought by
Housing Options Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,700
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Specialty Housing Inc
Bought by
U S Bank Na

Purchase Details

Closed on
May 7, 1997
Sold by
Bartholomew Elizabeth Anne Sordinas
Bought by
Specialty Housing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,924
Interest Rate
8.2%
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
Mayo Derek $136,000 Sure Title
Moffic Evan B $84,900 Saddle Creek Title Llc
Memphis Turnkey Properties Gp $41,500 Closetrak Closing & Title Sv
Shelby Residential & Vocational Services -- None Available
Housing Options Inc $80,000 --
U S Bank Na $89,908 --
Specialty Housing Inc $64,360 Cumberland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Derek $108,800
Previous Owner Moffic Evan B $59,250
Previous Owner Memphis Turnkey Properties Gp $67,000
Previous Owner Housing Options Inc $73,700
Previous Owner Specialty Housing Inc $57,924
Closed Housing Options Inc $6,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $136,000 -2.8% $89 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $139,900 +65.6% $91 / Sq Ft
04/23/2019 04/23/19 Sold $84,500 -15.1% $52 / Sq Ft View Prior Sale
03/27/2019 03/27/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $99,500 +148.8% $61 / Sq Ft
01/16/2019 01/16/19 Sold $40,000 -23.8% $25 / Sq Ft View Prior Sale
01/06/2019 01/06/19 Pending -- -- --
10/18/2018 10/18/18 Price Changed $52,500 -12.4% $33 / Sq Ft
09/05/2018 09/05/18 For Sale $59,900 0.0% $37 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $59,900 -- $37 / Sq Ft
Source: Realtracs

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 $725 $38,825 $3,150 $35,675
2024 $725 $21,375 $2,400 $18,975
2023 $1,302 $21,375 $2,400 $18,975
2022 $1,302 $21,375 $2,400 $18,975
2021 $737 $21,375 $2,400 $18,975
2020 $512 $16,025 $2,400 $13,625
2019 $621 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2014 $551 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3022248

Realtracs

APN: 05-8072-0-0007