NOT LISTED FOR SALE

Estimated Value: $129,583 - $163,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $82,500 $52 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $883/month

Highlights

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

About This Home

As of December 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $825 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: 10/17/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,572 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Farms Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090060 00025

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731D
  • MAAR Subdivision Name: RALEIGH FARMS
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1572
  • Year Built: 1966
  • 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, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • 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

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 41
  • Acreage: 0.25
  • Lot Size: 99.635/105 X 110/104.635
  • Price Per Acre: 330000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 090060 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jan 3, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Chazanov Donna
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$82,500
Sold Price
$82,500
Current Estimated Value
$143,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,896
Avg. Annual Appreciation
8.63%
Original Mortgage
$61,875
Outstanding Balance
$54,830
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$88,566

Purchase Details

Closed on
Sep 25, 2018
Sold by
Memphis Rpf Llc
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 9, 2013
Closed on
Feb 21, 2014
Sold by
White Danny P and White Janet P
Bought by
Memphi Rpf Llc
Seller's Agent
Sherry Harbur
Harbur Realty
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Jan 20, 2010
Sold by
White Andrew P
Bought by
White Danny P and White Janet P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Wells Fargo Bank Na
Bought by
White Danny P and White Janet P

Purchase Details

Closed on
Jun 25, 2004
Sold by
Deel N C and Deel Ruby H
Bought by
Morgan Ira and Morgan Josephine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
9.15%
Mortgage Type
Purchase Money Mortgage
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
Chazanov Donna $82,500 Delta Title Services Llc
Memphis Investment Rental Properties Llc $30,997 Memphis Title Co
Memphi Rpf Llc $42,500 None Available
White Danny P -- None Available
White Danny P $21,900 None Available
Morgan Ira $83,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chazanov Donna $61,875
Previous Owner Memphis Investment Rental Properties Llc $70,000
Previous Owner White Danny P $46,900
Previous Owner Morgan Ira $74,700
Closed Morgan Ira $4,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $82,500 0.0% $59 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $82,500 +94.1% $59 / Sq Ft
02/21/2014 02/21/14 Sold $42,500 -14.8% $30 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $49,900 -- $36 / 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 -- $26,925 $3,250 $23,675
2024 -- $21,275 $2,250 $19,025
2023 $1,296 $21,275 $2,250 $19,025
2022 $1,296 $21,275 $2,250 $19,025
2021 $577 $21,275 $2,250 $19,025
2020 $382 $11,950 $2,250 $9,700
2019 $382 $11,950 $2,250 $9,700
2018 $382 $11,950 $2,250 $9,700
2017 $391 $11,950 $2,250 $9,700
2016 $645 $14,750 $0 $0
2014 $645 $14,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10039211

Memphis Area Association of REALTORS®

APN: 09-0060-0-0025