NOT LISTED FOR SALE

4073 Archer Dr Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $96,000 - $121,000

3 Beds
1 Bath
994 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $84,900 $85 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $641/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $750 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

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 02/11/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x115
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 994 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Chickasaw Village 7Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075110 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762B
  • MAAR Subdivision Name: CHICKASAW VILLAGE 7TH ADD
  • List Price Per Sq Ft: 85
  • Number Of Stories: 1
  • Price Per Sq Ft: 85.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 994
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 231
  • Acreage: 0.17
  • Lot Size: 65X115
  • Price Per Acre: 499412

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075110 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 21, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Mussalli Andrew and Mussalli Diane
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$84,900
Sold Price
$84,900
Current Estimated Value
$108,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,805
Avg. Annual Appreciation
6.17%
Original Mortgage
$63,675
Outstanding Balance
$58,029
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$52,107

Purchase Details

Closed on
Feb 9, 2021
Sold by
Mitchell Isaiah R
Bought by
Memphis Investments Properties Iii 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
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2009
Sold by
Maples Stephen C
Bought by
Mitchell Isaiah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,192
Interest Rate
4.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2008
Sold by
Rrp I Llc
Bought by
Maples Stephen C

Purchase Details

Closed on
Jun 23, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Rrp I Llc

Purchase Details

Closed on
Jan 17, 2008
Sold by
Hamilton Prentisha D
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-2

Purchase Details

Closed on
Jan 27, 2006
Sold by
Pruitt Sharon C
Bought by
Hamilton Prentisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2000
Sold by
Us Bank National Assn Tr
Bought by
Pruitt Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,090
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 1999
Sold by
White Shina L and White Bruce A
Bought by
Us Bank National Assn and Home Equity Loan Trust 1998-1

Purchase Details

Closed on
Sep 30, 1997
Sold by
Hall Shina L and Hall James C
Bought by
White Shina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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Average Value
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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
Mussalli Andrew $84,900 Delta Title Services Llc
Memphis Investments Properties Iii Llc $45,000 Delta Title Services Llc
Mitchell Isaiah R $50,100 Community Equity & Title Inc
Maples Stephen C $15,500 Prestige Title Company Inc
Rrp I Llc -- None Available
Deutsche Bank National Trust Co $46,750 None Available
Hamilton Prentisha $61,000 Title Enterprises Llc
Pruitt Sharon C $39,900 --
Us Bank National Assn $42,684 --
White Shina L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mussalli Andrew $63,675
Previous Owner Memphis Investments Properties Iii Llc $70,000
Previous Owner Mitchell Isaiah R $49,192
Previous Owner Hamilton Prentisha $48,800
Previous Owner Hamilton Prentisha D $12,200
Previous Owner Pruitt Sharon C $40,090
Previous Owner White Shina L $42,000
Closed Pruitt Sharon C $2,909
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $84,900 0.0% $85 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $84,900 -- $85 / 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 $592 $25,475 $2,500 $22,975
2024 $592 $17,475 $1,925 $15,550
2023 $1,065 $17,475 $1,925 $15,550
2022 $1,065 $17,475 $1,925 $15,550
2021 $390 $11,300 $1,925 $9,375
2020 $650 $8,975 $1,925 $7,050
2019 $287 $8,975 $1,925 $7,050
2018 $287 $8,975 $1,925 $7,050
2017 $294 $8,975 $1,925 $7,050
2016 $427 $9,775 $0 $0
2014 $427 $9,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    24 in this area

    426 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    24 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093561

Memphis Area Association of REALTORS®

APN: 07-5110-0-0003

Tennessee Shelby County Memphis 38109 Westwood

4073 Archer Dr, Memphis, TN

This home is located at 4073 Archer Dr, Memphis, TN 38109 since 11 February 2021 and is currently estimated at $108,705, approximately $109 per square foot. This property was built in 1950. 4073 Archer Dr is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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