NOT LISTED FOR SALE

Estimated Value: $162,000 - $189,648

3 Beds
2 Baths
1,200-1,399 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $107,500 $77 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,020/month

55 Days on Market

About This Home

As of September 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/21/2023

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x140

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,325 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078051 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • Number Of Stories: 1
  • Price Per Sq Ft: 81.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1325
  • Year Built: 1960
  • List Price/ Sq Ft: 87
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 538
  • Acreage: 0.25
  • Lot Size: 80X140
  • Price Per Acre: 460000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 078051 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Rei Nation Llc
Bought by
Bursian Alberto
Current Estimated Value
$175,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Outstanding Balance
$127,730
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$52,469

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 26, 2023
Sold by
Vb One Llc
Bought by
Rei Nation Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$140,000
Sold Price
$107,500
Premium/Discount to List
-$32,500
-23.21%
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.87%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Memphis Invest Gp
Bought by
Ganguly Sanjib D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,320
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2011
Sold by
Tcb Investments Llc
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
4.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2011
Sold by
Beneficial Tennessee Inc
Bought by
Tcb Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
4.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2010
Sold by
Morgan Thomas L and Jones Cheryl T
Bought by
Beneficial Tennessee Inc
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
Bursian Alberto $185,000 None Listed On Document
Rei Nation Llc $107,500 Total Title Services
Ganguly Sanjib D $77,900 None Available
Memphis Invest Gp $44,500 None Available
Tcb Investments Llc $42,000 None Available
Beneficial Tennessee Inc $55,668 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bursian Alberto $129,500
Previous Owner Ganguly Sanjib D $103,500
Previous Owner Ganguly Sanjiv D $86,250
Previous Owner Ganguly Sanjib Don $70,500
Previous Owner Ganguly Sanjib D $62,320
Previous Owner Memphis Invest Gp $59,500
Previous Owner Morgan Thomas L $107,510
Previous Owner Morgan Thomas L $98,194
Previous Owner Morgan Thomas L $84,883
Previous Owner Morgan Thomas L $24,627
Previous Owner Morgan Thomas L $14,994
Previous Owner Morgan Thomas L $57,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $107,500 -6.5% $90 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $115,000 -4.2% $96 / Sq Ft
08/30/2023 08/30/23 Price Changed $120,000 -7.7% $100 / Sq Ft
08/11/2023 08/11/23 Price Changed $130,000 -7.1% $108 / Sq Ft
07/21/2023 07/21/23 For Sale $140,000 -- $117 / 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 $730 $37,150 $5,325 $31,825
2024 -- $21,525 $4,100 $17,425
2023 $1,311 $21,525 $4,100 $17,425
2022 $1,311 $21,525 $4,100 $17,425
2021 $1,327 $21,525 $4,100 $17,425
2020 $1,339 $18,475 $4,100 $14,375
2019 $590 $18,475 $4,100 $14,375
2018 $590 $18,475 $4,100 $14,375
2017 $604 $18,475 $4,100 $14,375
2016 $830 $19,000 $0 $0
2014 $830 $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152775

Memphis Area Association of REALTORS®

APN: 07-8051-0-0006