NOT LISTED FOR SALE

Estimated Value: $112,000 - $136,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $100,000 $83 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $719/month

19 Days on Market

About This Home

As of May 2024

Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $1,095/month. The lease ends on 08/31/2024. Condenser replaced last 2023. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/17/2024

Last Buyer's Agent

Bryana Harris

TRG Real Estate Services, LLC License #371121

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 36x124

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,069 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • New Allan Village Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090022 00037

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: NEW ALLEN VILLAGE
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1069
  • Year Built: 1979
  • List Price/ Sq Ft: 103
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • 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: 119
  • Acreage: 0.23
  • Lot Size: 36X124
  • Price Per Acre: 477826

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090022 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 6, 2024
Sold by
Versteeg Justin
Bought by
Zeejay Developments Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Bryana Harris
TRG Real Estate Services, LLC
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%
Views
24
Current Estimated Value
$127,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,499
Avg. Annual Appreciation
16.78%

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 30, 2020
Sold by
Tj 3Kids House Doctors Llc
Bought by
Versteeg Justin
Seller's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$65,000
Sold Price
$64,000
Premium/Discount to List
-$1,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$48,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2019
Closed on
Oct 28, 2019
Sold by
Rba Housing Llc
Bought by
Jones Terrance
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
List Price
$50,000
Sold Price
$48,500
Premium/Discount to List
-$1,500
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.25%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Reo Property Company L P
Bought by
Tcb Equity Group Llc

Purchase Details

Closed on
Jul 14, 2009
Sold by
Anderson Gwendolyn
Bought by
Reo Property Company Lp

Purchase Details

Closed on
Jan 25, 2007
Sold by
Towns Daryl and Towns Nedra
Bought by
Hud

Purchase Details

Closed on
Dec 5, 2003
Sold by
Crane Larry E
Bought by
Towns Daryl and Towns Nedra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,955
Interest Rate
5.98%
Mortgage Type
FHA
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
Zeejay Developments Llc $100,000 Local Title
Versteeg Justin $64,000 Local Title & Closing Svcs
Jones Terrance $48,500 Nexus Title & Escrow
Tcb Equity Group Llc $17,750 None Available
Reo Property Company Lp $56,000 None Available
Hud $70,543 None Available
Towns Daryl $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Versteeg Justin $48,000
Previous Owner Anderson Gwendolyn $57,703
Previous Owner Towns Daryl $68,955
Previous Owner Crane Larry E $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $100,000 -9.0% $100 / Sq Ft
04/17/2024 04/17/24 For Sale $109,900 +71.7% $110 / Sq Ft
04/30/2020 04/30/20 Sold $64,000 -1.5% $64 / Sq Ft
03/17/2020 03/17/20 For Sale $65,000 +34.0% $65 / Sq Ft
10/28/2019 10/28/19 Sold $48,500 -3.0% $49 / Sq Ft
10/04/2019 10/04/19 For Sale $50,000 -- $50 / 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 -- $30,175 $3,625 $26,550
2024 $537 $15,850 $3,050 $12,800
2023 $966 $15,850 $3,050 $12,800
2022 $966 $15,850 $3,050 $12,800
2021 $547 $15,850 $3,050 $12,800
2020 $931 $12,850 $3,050 $9,800
2019 $411 $12,850 $3,050 $9,800
2018 $411 $12,850 $3,050 $9,800
2017 $420 $12,850 $3,050 $9,800
2016 $508 $11,625 $0 $0
2014 $508 $13,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10170249

Memphis Area Association of REALTORS®

APN: 09-0022-0-0037