NOT LISTED FOR SALE

Estimated Value: $108,000 - $121,000

3 Beds
2 Baths
1,044 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $75,000 $72 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $675/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of February 2019

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: 12/21/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Timberlake Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090071 00076

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: TIMBERLAKE
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1044
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • 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: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 228
  • Acreage: 0.17
  • Lot Size: 65.35/57.01 X 120/119.16

Tax Info

  • Assessor Parcel Number: 090071 00076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Lundgren Kenneth M
Bought by
Off Cedar Llc Series 2
Current Estimated Value
$121,157

Purchase Details

Listed on
Dec 21, 2018
Closed on
Feb 7, 2019
Sold by
Memphis Investment Rental Properties Ll
Bought by
Lundgren Kenneth M
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$79,500
Sold Price
$75,000
Premium/Discount to List
-$4,500
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 26, 2018
Sold by
Memphis Rpf Llc
Bought by
Memphis Investment Properties Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2537.63%
Original Mortgage
$50,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 21, 2013
Closed on
Mar 28, 2014
Sold by
Aspen Shackleton Iii Llc
Bought by
Memphis Rpf Llc
Seller's Agent
James Abell
REMAX Experts
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$54,900
Sold Price
$31,000
Premium/Discount to List
-$23,900
-43.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.71%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Ross Sharon and Ross Sharon K
Bought by
Aspen Shackleton Iii Llc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Porter Sandra
Bought by
Ross Sharon and Ross Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,330
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2000
Sold by
Reed Michael
Bought by
Porter Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,657
Interest Rate
8.05%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1999
Sold by
Brown George L and Brown Ida M
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Off Cedar Llc Series 2 -- None Listed On Document
Lundgren Kenneth M $75,000 Delta Title Services Llc
Memphis Investment Properties Llc $30,000 Memphis Title Co
Memphis Rpf Llc $31,000 Preferred Title & Escrow Llc
Aspen Shackleton Iii Llc $42,500 None Available
Ross Sharon $73,700 Realty Title
Porter Sandra $55,999 --
Porter Sandra $55,999 --
Hud $50,639 --
Hud $50,639 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lundgren Kenneth M $60,000
Previous Owner Memphis Investment Properties Llc $50,000
Previous Owner Ross Sharon $66,330
Previous Owner Porter Sandra $55,657
Closed Porter Sandra $4,346
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2019 02/07/19 Sold $75,000 -5.7% $72 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/21/2018 12/21/18 For Sale $79,500 +165.0% $76 / Sq Ft
10/26/2018 10/26/18 Sold $30,000 -24.8% $29 / Sq Ft View Prior Sale
10/22/2018 10/22/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $39,900 +28.7% $38 / Sq Ft
03/28/2014 03/28/14 Sold $31,000 -43.5% $11 / Sq Ft View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
08/21/2013 08/21/13 For Sale $54,900 -- $20 / 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 $508 $24,950 $2,500 $22,450
2024 $508 $14,975 $1,925 $13,050
2023 $912 $14,975 $1,925 $13,050
2022 $912 $14,975 $1,925 $13,050
2021 $923 $14,975 $1,925 $13,050
2020 $897 $12,375 $1,925 $10,450
2019 $396 $12,375 $1,925 $10,450
2018 $396 $12,375 $1,925 $10,450
2017 $405 $12,375 $1,925 $10,450
2016 $534 $12,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042910

Memphis Area Association of REALTORS®

APN: 09-0071-0-0076