NOT LISTED FOR SALE

Estimated Value: $131,000 - $167,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $84,900 $71 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $828/month

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • Separate Formal Living Room
  • Breakfast Room
  • Tile Flooring

About This Home

As of June 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/13/2015

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/13/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $710

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,163 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Breakfast Room
  • Den

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Oakcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086009 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$710

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: OAK CREST
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1163
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Separate Breakfast Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 89
  • Acreage: 0.23
  • Lot Size: 75 X 13K
  • Price Per Acre: 369130

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 086009 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 26, 2015
Sold by
Invest Memphis
Bought by
New Beginning Real Estate Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$84,900
Sold Price
$84,900
Current Estimated Value
$146,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,785
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
May 13, 2015
Closed on
May 7, 2015
Sold by
Clayton Bank And Trust
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$84,900
Sold Price
$84,900

Purchase Details

Closed on
Apr 8, 2014
Sold by
Muhammad Edward
Bought by
Clayton Bank & Trust

Purchase Details

Closed on
Dec 27, 2006
Sold by
Washington Mutual Bank
Bought by
Muhammad Edward K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2006
Sold by
Jones Lequicha
Bought by
Washington Mutual Bank and Long Beach Mortgage Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2005
Sold by
Kearney Sylvester
Bought by
Jones Lequicha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 18, 2005
Sold by
First Tennessee Bank Na
Bought by
Kearney Sylvester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2005
Sold by
Meadors David L and Meadors Bobbie Dee
Bought by
First Tennessee Bank Na
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
New Beginning Real Estate Llc $84,900 Chicago Title Insurance Co
Memphis Invest Gp $35,000 None Available
Clayton Bank & Trust $35,000 None Available
Muhammad Edward K $60,000 Resource Title Of Tennessee
Washington Mutual Bank $73,384 None Available
Jones Lequicha $85,000 Assured Escrow & Title
Kearney Sylvester $58,000 Assured Escrow & Title
First Tennessee Bank Na $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muhammad Edward K $69,000
Previous Owner Jones Lequicha $68,000
Previous Owner Kearney Sylvester $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2015 06/25/15 Sold $84,900 0.0% $85 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $84,900 +142.6% $85 / Sq Ft
05/07/2015 05/07/15 Sold $35,000 -30.0% $35 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
09/25/2014 09/25/14 For Sale $50,000 -- $50 / 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 $710 $28,800 $3,750 $25,050
2024 $710 $20,950 $2,900 $18,050
2023 $1,276 $20,950 $2,900 $18,050
2022 $1,276 $20,950 $2,900 $18,050
2021 $1,291 $20,950 $2,900 $18,050
2020 $989 $13,650 $2,900 $10,750
2019 $989 $13,650 $2,900 $10,750
2018 $989 $13,650 $2,900 $10,750
2017 $561 $13,650 $2,900 $10,750
2016 $567 $12,975 $0 $0
2014 $567 $12,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9952051

Memphis Area Association of REALTORS®

APN: 08-6009-0-0009