NOT LISTED FOR SALE

Estimated Value: $124,803 - $166,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $84,900 $61 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $846/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Dressing Area
  • Main Floor Primary Bedroom
  • End Unit
  • Tile Flooring

About This Home

As of October 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $795 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 08/06/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1984

Lot Details

  • 3,049 Sq Ft Lot
  • End Unit
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,371 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Deer Creek Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093519 B00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$640

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MLS Map #: 786B
  • MAAR Subdivision Name: DEER CREEK SEC A
  • List Price Per Sq Ft: 62
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 61.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1371
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Dressing Area
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Wood/Shake

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 11
  • Acreage: 0.07
  • Lot Size: 0.0727AC 24X132/132.02
  • Price Per Acre: 1212857

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093519 B00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 31, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Rodas Hector L and Rodas Elida Haydee
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$84,900
Sold Price
$84,900
Total Days on Market
0
Current Estimated Value
$141,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,801
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Jun 7, 2018
Sold by
Kim Daniel L
Bought by
Memphis Investment Rental Properties L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.54%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Izenberg Scott
Bought by
Kim Daniel Lee

Purchase Details

Closed on
Apr 11, 2011
Sold by
Bledsoe Charlene
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 9, 2005
Sold by
Donaldson Mary Y
Bought by
Bledsoe Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,852
Interest Rate
5.57%
Mortgage Type
FHA
Source: Public Records

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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
Rodas Hector L $84,900 Delta Title Services Llc
Memphis Investment Rental Properties L $38,000 --
Kim Daniel Lee $52,800 Multiple
The Secretary Of Housing & Urban Develop $79,707 None Available
Bledsoe Charlene $82,500 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Rental Properties L $52,500
Previous Owner Memphis Investment Rental Properties L --
Previous Owner Kim Daniel L $44,000
Previous Owner Bledsoe Charlene $81,852
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $84,900 0.0% $71 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $84,900 -- $71 / 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 $640 $30,175 $4,625 $25,550
2024 $640 $18,875 $3,125 $15,750
2023 $1,150 $18,875 $3,125 $15,750
2022 $1,150 $18,875 $3,125 $15,750
2021 $651 $18,875 $3,125 $15,750
2020 $1,078 $14,875 $3,125 $11,750
2019 $475 $14,875 $3,125 $11,750
2018 $475 $14,875 $3,125 $11,750
2017 $487 $14,875 $3,125 $11,750
2016 $587 $13,425 $0 $0
2014 $587 $13,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10033644

Memphis Area Association of REALTORS®

APN: 09-3519-B0-0011