NOT LISTED FOR SALE

Estimated Value: $90,000 - $110,000

2 Beds
1 Bath
100-999 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $107,000 $107 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $667/month

106 Days on Market

About This Home

As of November 2022

Beautiful 2br/1 bath single-family home in 38111. Could be a great addition to your investment/rental portfolio. Suitable for first-time homebuyers or investors. Currently occupied. Tenants paying $820/mo. and the lease expires 07/31/2024. No showings without an accepted offer.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/18/2022

Last Buyer's Agent

Tabitha Branch

Keller Williams License #358189

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54x140

Interior Spaces

  • 100-999 Sq Ft Home
  • 878 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Sherwood Forest Fifth Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058072 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: SHERWOOD FOREST 5TH ADD
  • List Price Per Sq Ft: 127
  • Number Of Stories: 1
  • Price Per Sq Ft: 121.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 878
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 27
  • Acreage: 0.17
  • Lot Size: 54X140
  • Price Per Acre: 658235

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058072 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 4, 2022
Sold by
Rising Paul
Bought by
Tate Tracey
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tabitha Branch
Keller Williams
List Price
$111,900
Sold Price
$107,000
Premium/Discount to List
-$4,900
-4.38%
Current Estimated Value
$114,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,023
Avg. Annual Appreciation
1.09%
Original Mortgage
$78,750
Outstanding Balance
$76,521
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$33,726

Purchase Details

Closed on
Nov 20, 2020
Sold by
Confidence Holdings Llc
Bought by
Rising Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,480
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2019
Sold by
Patrick David S
Bought by
Confidence Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 28, 2009
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 9, 2009
Sold by
Ashley Cary Brent and Ballard Laurie A
Bought by
Tennessee Housing Development Agency
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
Tate Tracey $107,000 Edco Title & Closing Services
Rising Paul $70,600 None Available
Confidence Holdings Llc $22,500 None Available
Secretary Of Housing & Urban Development $29,396 None Available
Tennessee Housing Development Agency $29,396 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Tracey $78,750
Previous Owner Rising Paul $56,480
Previous Owner Confindence Holdings Llc $47,000
Previous Owner Arms Jason $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $107,000 -4.4% $1,070 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $111,900 -- $1,119 / 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 $514 $31,825 $2,475 $29,350
2024 -- $15,150 $1,900 $13,250
2023 $923 $15,150 $1,900 $13,250
2022 $675 $11,075 $1,900 $9,175
2021 $683 $11,075 $1,900 $9,175
2020 $694 $9,575 $1,900 $7,675
2019 $306 $9,575 $1,900 $7,675
2018 $306 $9,575 $1,900 $7,675
2017 $313 $9,575 $1,900 $7,675
2016 $429 $9,825 $0 $0
2014 $429 $9,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10129027

Memphis Area Association of REALTORS®

APN: 05-8072-0-0017