NOT LISTED FOR SALE

Estimated Value: $52,000 - $58,000

2 Beds
1 Bath
729 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $39,150 $54 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $318/month

7 Days on Market

About This Home

As of February 2021

Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $565/Month with a lease expiring 11/30/2021. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection. Photos taken before the tenants moved in.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 01/18/2021

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $190

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x175

Interior Spaces

  • 729 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Gragg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062056 00102

Home Details

Home Type

Single Family

Est. Annual Taxes

$190

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 752A
  • MAAR Subdivision Name: GRAGG
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 53.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 729
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Acreage: 0.2
  • Lot Size: 50X175
  • Price Per Acre: 199500

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 062056 00102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Kensington Group Holdings Llc
Bought by
Jarminski Fmaily Trust and Jarminski
Current Estimated Value
$55,716

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 9, 2021
Sold by
Memprops Llc
Bought by
Kensington Group Holdings Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$39,900
Sold Price
$39,150
Premium/Discount to List
-$750
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Apr 13, 2016
Sold by
Durgerian Michael Scott
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2014
Sold by
Kumanireng Caroline
Bought by
Durgerian Mike

Purchase Details

Closed on
Dec 26, 2013
Sold by
Glen Martin
Bought by
Durgeria Mike

Purchase Details

Closed on
May 10, 2010
Sold by
Journey Capital Llc
Bought by
Glenn Martin

Purchase Details

Closed on
Mar 25, 2010
Sold by
Jrm Llc
Bought by
Journey Capital Llc

Purchase Details

Closed on
Apr 3, 2006
Sold by
Chalfant Kim M and Chalfant John W
Bought by
Bancorpsouth Bank

Purchase Details

Closed on
May 9, 2002
Sold by
Lowery Dewayne Daniel
Bought by
Chalfant John W and Chalfant Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
7.12%

Purchase Details

Closed on
May 9, 1996
Sold by
Lowery Lori Ann Stafford
Bought by
Lowery Dewayne Daniel
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
Jarminski Fmaily Trust -- None Listed On Document
Kensington Group Holdings Llc $39,150 Memphis Title Company
Your Home Llc $25,000 None Available
Durgerian Mike -- None Available
Durgeria Mike $27,000 None Available
Glenn Martin $17,000 None Available
Journey Capital Llc $11,000 None Available
Bancorpsouth Bank $15,000 None Available
Chalfant John W $36,500 --
Lowery Dewayne Daniel -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Your Home Llc $25,000
Previous Owner Chalfant John W $28,800
Previous Owner Lowery Dewayne D $28,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $39,150 -1.9% $54 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $39,900 -- $55 / 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 $190 $15,100 $2,250 $12,850
2024 $190 $5,600 $875 $4,725
2023 $341 $5,600 $875 $4,725
2022 $341 $5,600 $875 $4,725
2021 $152 $5,600 $875 $4,725
2020 $380 $5,250 $700 $4,550
2019 $168 $5,250 $700 $4,550
2018 $168 $5,250 $700 $4,550
2017 $172 $5,250 $700 $4,550
2016 $189 $4,325 $0 $0
2014 $189 $4,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091978

Memphis Area Association of REALTORS®

APN: 06-2056-0-0102