$50,000
SOLD NOV 29, 2016
6 Beds
4 Baths
2,800-2,999 Sq Ft
0.31 Acres

Recently Sold

$17 Per Sq Ft

33% Below List Price

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted
  • 1 Fireplace
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of December 2017

Professionally managed investment property FOR SALE - Great investment opportunity, instant return on investment and cash flow! All of our homes are completely renovated and tenanted. *Please do not disturb tenant****

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 08/26/2016

Last Buyer's Agent

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 08/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,852 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Heritage Colony 1St Addn Sec B 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 I00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$857

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD SEC B-1
  • List Price Per Sq Ft: 26
  • Number Of Stories: 2
  • Price Per Sq Ft: 17.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2852
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 199
  • Acreage: 0.31
  • Lot Size: 75 / 75.05 X 183.79 / 186.52
  • Price Per Acre: 241935

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 093417 I00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Dec 7, 2017
Sold by
Hickory Hill Residences L Lc
Bought by
Thotengera Mukesh
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Felecia Magro
The Stamps Real Estate Company
List Price
$70,000
Sold Price
$64,000
Premium/Discount to List
-$6,000
-8.57%
Current Estimated Value
$177,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,522
Avg. Annual Appreciation
13.94%
Interest Rate
3.94%

Purchase Details

Listed on
Aug 26, 2016
Closed on
Nov 29, 2016
Sold by
Rental Homes Llc
Bought by
Hickory Hill Redidences Llc
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Felecia Magro
The Stamps Real Estate Company
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.38%

Purchase Details

Closed on
Mar 4, 2015
Sold by
Burgan Mark
Bought by
Showboat Rental Homes Llc

Purchase Details

Closed on
Nov 18, 2014
Sold by
Equity Acceptance Llc
Bought by
Burgan Mark

Purchase Details

Closed on
May 16, 2012
Sold by
Nbtc Investment Partnership
Bought by
Equity Acceptance Llc

Purchase Details

Closed on
Mar 8, 2010
Sold by
Us Bank National Association
Bought by
Nbtc Investment Partnership

Purchase Details

Closed on
Jan 7, 2010
Sold by
Wilcox David E and Wilcox Ana Maria
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 28, 2000
Sold by
Liberty Svgs Bank Fsb
Bought by
Wilcox David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,050
Interest Rate
12.12%

Purchase Details

Closed on
Jun 6, 2000
Sold by
The Bank Of New York
Bought by
Gray Thurman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,050
Interest Rate
12.12%

Purchase Details

Closed on
Sep 22, 1999
Sold by
Brown Dwan A and Brown Venesia G
Bought by
Liberty Svgs Bank Fsb
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 Type Sale Price Title Company
Deed $64,000 --
Warranty Deed $150,000 Delta Title Services Llc
Warranty Deed $285,000 Delta Title Services Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- Oak Hills Land Title Agency
Special Warranty Deed $20,400 None Available
Trustee Deed $24,750 None Available
Warranty Deed $53,000 American Title Co
Corporate Deed $52,000 --
Trustee Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $45,050 No Value Available
Previous Owner $52,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2017 12/05/17 Sold $64,000 -8.6% $22 / Sq Ft View Prior Sale
12/04/2017 12/04/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $70,000 +40.0% $25 / Sq Ft
11/29/2016 11/29/16 Sold $50,000 -33.3% $18 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $75,000 -- $27 / 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 $857 $65,680 $8,600 $57,080
2024 $857 $25,280 $5,400 $19,880
2023 $1,540 $25,280 $5,400 $19,880
2022 $1,540 $25,280 $5,400 $19,880
2021 $1,558 $25,280 $5,400 $19,880
2020 $1,971 $27,200 $5,400 $21,800
2019 $1,971 $27,200 $5,400 $21,800
2018 $1,971 $27,200 $5,400 $21,800
2017 $1,118 $27,200 $5,400 $21,800
2016 $1,105 $25,280 $0 $0
2014 $1,301 $29,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9985143

Memphis Area Association of REALTORS®

APN: 09-3417-I0-0010