NOT LISTED FOR SALE

Estimated Value: $52,000 - $141,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$66/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $15,000 $11 Per Sq Ft

Est. 514% increase in value since last sale

Current estimated payment $503/month

Highlights

  • Traditional Architecture
  • Living Room
  • 1-Story Property
  • Some Wood Windows
  • Level Lot
  • 4-minute walk to Winchester Park

About This Home

As of November 2020

Three bedroom-one bath investment property sold "as-is". Cash offers only. Property does need repairs but has long term tenant in place since 2004. Rent is $475. Great cash flow. Sold subject to tenants rights. Do not disturb tenant. No showings without accepted offer.

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 10/12/2020

Last Buyer's Agent

Weesie Percer

Keller Williams License #283048

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $247

Year Built

  • Built in 1973

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x148
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,311 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051008 00044

Home Details

Home Type

Single Family

Est. Annual Taxes

$247

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LANE
  • List Price Per Sq Ft: 15
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1311
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Master Bedroom: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Acreage: 0.16
  • Lot Size: 50X148

Tax Info

  • Assessor Parcel Number: 051008 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 25, 2020
Sold by
P & R Management Inc
Bought by
Carachure Edras
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Weesie Percer
Keller Williams
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%
Current Estimated Value
$92,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,075
Avg. Annual Appreciation
44.60%
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
Carachure Edras $15,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $15,000 -24.6% $13 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $19,900 0.0% $17 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $19,900 0.0% $17 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $19,900 -- $17 / 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 $247 $12,050 $1,875 $10,175
2024 $247 $7,300 $750 $6,550
2023 $445 $7,300 $750 $6,550
2022 $445 $7,300 $750 $6,550
2021 $252 $7,300 $750 $6,550
2020 $362 $5,000 $750 $4,250
2019 $160 $5,000 $750 $4,250
2018 $160 $5,000 $750 $4,250
2017 $209 $6,375 $750 $5,625
2016 $219 $5,000 $0 $0
2014 $219 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10086720

Memphis Area Association of REALTORS®

APN: 05-1008-0-0044