NOT LISTED FOR SALE

Estimated Value: $59,000 - $95,000

2 Beds
1 Bath
100-999 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 12, 2012

Last sale price $11,000 $11 Per Sq Ft

Est. 621% increase in value since last sale

Current estimated payment $445/month

Highlights

  • Some Wood Windows
  • Central Heating and Cooling System
  • 1-Story Property
  • Outdoor Storage
  • Level Lot

About This Home

As of December 2012

This home is located at 406 W Brooks Rd, Memphis, TN 38109 since 02 October 2012 and is currently estimated at $79,309, approximately $793 per square foot. This property was built in 1963. 406 W Brooks Rd is a home located in Shelby County with nearby schools including Ford Road Elementary School, Chickasaw Middle School, and Mitchell High School.

Last Agent to Sell the Property

Derrick Echols

Morris Auction Group License #284969 Listed on: 10/02/2012

Last Buyer's Agent

John Waddell

Crye-Leike, Inc., REALTORS License #286163

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $271

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Interior Spaces

  • 100-999 Sq Ft Home
  • 767 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075016 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$271

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 762A
  • MAAR Subdivision Name: J E WALKER HOMES
  • Number Of Stories: 1
  • Price Per Sq Ft: 14.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 767
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: On-Site Storage
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 288
  • Acreage: 0.18

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075016 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2014
Sold by
Waddell Properties Llc
Bought by
Waddell James R
Current Estimated Value
$79,309

Purchase Details

Listed on
Oct 2, 2012
Closed on
Dec 5, 2012
Sold by
Echols Derrick
Bought by
Waddell Properties Llc
Seller's Agent
Derrick Echols
Morris Auction Group
Buyer's Agent
John Waddell
Crye-Leike, Inc., REALTORS
List Price
$12,000
Sold Price
$11,000
Premium/Discount to List
-$1,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%

Purchase Details

Closed on
Apr 15, 2009
Sold by
Federal National Mortgage Association
Bought by
Echols Derrick

Purchase Details

Closed on
Feb 5, 2009
Sold by
Hurt John Robert and Hurt Kimberly
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 24, 2005
Sold by
Mid South Home Buyers Inc
Bought by
Hurt John Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 21, 2005
Sold by
Va
Bought by
Mid South Homebuyers Inc

Purchase Details

Closed on
Sep 24, 2003
Sold by
Odom Odell
Bought by
Va
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
Waddell James R -- None Available
Waddell Properties Llc $11,000 None Available
Echols Derrick $4,000 Landcastle Title Llc
Federal National Mortgage Association $47,788 None Available
Hurt John Robert $41,000 --
Mid South Homebuyers Inc $11,900 --
Va $23,443 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurt John Robert $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $11,000 -8.3% $110 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $12,000 -- $120 / 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 $271 $12,925 $1,500 $11,425
2024 $271 $8,000 $1,075 $6,925
2023 $487 $8,000 $1,075 $6,925
2022 $487 $8,000 $1,075 $6,925
2021 $493 $8,000 $1,075 $6,925
2020 $511 $7,050 $1,075 $5,975
2019 $511 $7,050 $1,075 $5,975
2018 $511 $7,050 $1,075 $5,975
2017 $290 $7,050 $1,075 $5,975
2016 $257 $5,875 $0 $0
2014 $257 $5,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3257246

Memphis Area Association of REALTORS®

APN: 07-5016-0-0014