NOT LISTED FOR SALE

Estimated Value: $129,000 - $191,182

3 Beds
2 Baths
1,200-1,399 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $75,000 $54 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $914/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Flooring
  • Wood Fence

About This Home

As of May 2018

Great investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $795 and professional property management is in place! This brick home features Hardwood 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: 03/01/2018

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 03/01/2018

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 1975

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,373 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Heritage Colony 1St Addn Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 G00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD SEC D
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 54.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1373
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 580
  • Acreage: 0.15
  • Lot Size: 64.73/60X102.50/124.84
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093417 G00070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Palacios Mario
Bought by
True Core Tn Rei Llc
Current Estimated Value
$159,046

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 4, 2018
Sold by
Memphis Investments Rental Properties Ll
Bought by
Palacios Mario
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$60,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2018
Closed on
Feb 22, 2018
Sold by
Murai John
Bought by
Memphis Investment Rental Properties Llc
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$35,000
Sold Price
$38,500
Premium/Discount to List
$3,500
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3243.59%
Original Mortgage
$70,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 30, 2014
Closed on
Mar 19, 2015
Sold by
Ourabah Alex
Bought by
Mural John
Seller's Agent
Stephanie Crosslin
Crosslin Gist Realty, LLC
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%

Purchase Details

Closed on
Feb 13, 2008
Sold by
Nationstar Mortgage Properties Llc
Bought by
Ourabah Alex

Purchase Details

Closed on
Oct 10, 2007
Sold by
Nationstar Mortgage Llc
Bought by
Nationstar Mortgage Properties Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Ellis Julia Mae
Bought by
Nationstar Mortgage Llc
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
True Core Tn Rei Llc -- Lenders Title Company
Palacios Mario $75,000 Delta Title Services Llc
Memphis Investment Rental Properties Llc $37,600 Close Trak Closing & Title S
Mural John $25,000 None Available
Ourabah Alex $33,000 Absolute Title & Escrow
Nationstar Mortgage Properties Llc -- None Available
Nationstar Mortgage Llc $75,545 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palacios Mario $60,000
Previous Owner Memphis Investment Rental Properties Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2018 05/07/18 Sold $75,000 0.0% $63 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $75,000 +94.8% $63 / Sq Ft
02/26/2018 02/26/18 Sold $38,500 +10.0% $28 / Sq Ft View Prior Sale
01/24/2018 01/24/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $35,000 +40.0% $25 / Sq Ft
03/19/2015 03/19/15 Sold $25,000 0.0% $21 / Sq Ft View Prior Sale
01/29/2015 01/29/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $25,000 -- $21 / 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 $881 $44,725 $5,375 $39,350
2024 $881 $26,000 $3,375 $22,625
2023 $1,584 $26,000 $3,375 $22,625
2022 $1,584 $26,000 $3,375 $22,625
2021 $897 $26,000 $3,375 $22,625
2020 $1,098 $15,150 $3,375 $11,775
2019 $484 $15,150 $3,375 $11,775
2018 $484 $15,150 $3,375 $11,775
2017 $496 $15,150 $3,375 $11,775
2016 $633 $14,475 $0 $0
2014 $633 $14,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021516

Memphis Area Association of REALTORS®

APN: 09-3417-G0-0070