NOT LISTED FOR SALE

Estimated Value: $182,000 - $232,268

6 Beds
4 Baths
2,880 Sq Ft
$70/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $16,900 $6 Per Sq Ft

Est. 1,098% increase in value since last sale

Current estimated payment $1,129/month

65 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows
  • 2 Fireplaces
  • Formal Dining Room
  • Step Saver Kitchen Design

About This Home

As of January 2016

This is a Fannie Mae HomePath property. Great opportunity for a brick duplex with 3 bedrooms on each side. Can be wonderful money maker or live in one side and rent out the other side. Don't miss this opportunity. Located close to schools and shopping and priced to sell now.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 11/09/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 11/09/2015

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • 2 Fireplaces
  • Some Wood Windows
  • Separate Formal Living Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Step Saver Kitchen Design
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Heritage Colony 1St Addn Sec B 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 I00008

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD SEC B-1
  • Freestanding: Yes
  • List Price Per Sq Ft: 6
  • Number Of Stories: 2
  • Estimated Sq Ft: 2880
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Carpet, Vinyl Floor, Sprayed Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Disposal, Smoke Detector(s)
  • Miscellaneous Interior: Pull Down Attic Stairs, Cable Wired

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling, Electric Cooling, 220 Wiring
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 197
  • Acreage: 0.3
  • Lot Size: 75 / 75.05 X 178.33 / 181.06

Tax Info

  • Assessor Parcel Number: 093417 I00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 27, 2016
Sold by
Fannie Mae
Bought by
Shelby Woods Investments
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
List Price
$20,000
Sold Price
$16,900
Premium/Discount to List
-$3,100
-15.5%
Current Estimated Value
$202,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,523
Avg. Annual Appreciation
28.19%

Purchase Details

Closed on
Oct 12, 2015
Sold by
Starling Darrick K and Starling Luciaa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 5, 2009
Sold by
Starling Lucia Alejandra
Bought by
Starling Darrick Keith

Purchase Details

Closed on
Oct 19, 2006
Sold by
Lasalle Bank Na
Bought by
Starling Darrick K and Starling Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,710
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Powell Janet D
Bought by
Randolph Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
9.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2000
Sold by
Wilkert Corp
Bought by
Powell Janet D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.94%

Purchase Details

Closed on
Jul 18, 2000
Sold by
Bayview Financial Acquisition Trust
Bought by
Wilkert Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
8.23%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Brown Dwan
Bought by
Source One Mtg Services Corp

Purchase Details

Closed on
May 13, 1998
Sold by
Robert Banks
Bought by
Glasper Ossie and Bitmore Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shelby Woods Investments $16,900 Attorney
Federal National Mortgage Association $67,885 Attorney
Starling Darrick Keith -- None Available
Starling Darrick K $71,900 None Available
Randolph Ryan $95,000 Edco Title & Closing Service
Powell Janet D $70,000 --
Wilkert Corp $54,900 --
Source One Mtg Services Corp $124,500 --
Glasper Ossie $82,000 Security Title
Brown Dwan $143,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starling Darrick K $64,710
Previous Owner Randolph Ryan $76,000
Previous Owner Powell Janet D $63,000
Previous Owner Wilkert Corp $52,800
Previous Owner Brown Dwan $114,400
Previous Owner Glasper Ossie $0
Closed Randolph Ryan $14,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2016 01/27/16 Sold $16,900 -15.5% $6 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $20,000 -- $7 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $911 $97,400 $8,600 $88,800
2024 $911 $26,880 $5,400 $21,480
2023 $1,637 $26,880 $5,400 $21,480
2022 $1,637 $26,880 $5,400 $21,480
2021 $986 $26,880 $5,400 $21,480
2020 $1,948 $26,880 $5,400 $21,480
2019 $1,948 $26,880 $5,400 $21,480
2018 $1,948 $26,880 $5,400 $21,480
2017 $1,105 $26,880 $5,400 $21,480
2016 $1,304 $29,840 $0 $0
2014 $1,304 $29,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9965104

Memphis Area Association of REALTORS®

APN: 09-3417-I0-0008