$96,000
SOLD AUG 15, 2024
3 Beds
2 Baths
1,200-1,399 Sq Ft
0.27 Acres

Recently Sold

$69 Per Sq Ft

4% Below List Price

1 Day on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • 1 Car Attached Garage
  • Dining Room

About This Home

As of October 2024

Great potential in an awesome area! Just a couple of blocks from all of the Graceland area reform and updating and walkable to new grocery stores and other shopping, this could be a chance to make this into a flip for a new owner or BRRRR for holding onto! Market rent for a house like this would be $1400-1600 & ARV is in the $200-220 ballpark for a nice rehab. That should give you a good spread on a refi once the work is done or flip profit! No assignable offers/wholesalers. No seller-financing

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 07/30/2024

Last Buyer's Agent

Mitchell Meyer

Reedy & Company, REALTORS License #356049

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85x140
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,268 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078100 00005

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1268
  • Year Built: 1956
  • List Price/ Sq Ft: 79
  • 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
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 191
  • Acreage: 0.27
  • Lot Size: 85X140
  • Price Per Acre: 370000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 078100 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 28, 2024
Sold by
Memphis Investment Properties Iv Llc
Bought by
Eilering Austin J
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Mark Hart
Reedy & Company, REALTORS
List Price
$189,900
Sold Price
$189,900
Views
5
Current Estimated Value
$177,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,911
Avg. Annual Appreciation
-7.63%
Original Mortgage
$113,940
Outstanding Balance
$113,148
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$66,350

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 14, 2024
Sold by
Cook Marybeth W and Cook Jimmie D
Bought by
Memphis Investment Properties Iv Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Mitchell Meyer
Reedy & Company, REALTORS
List Price
$99,900
Sold Price
$96,000
Premium/Discount to List
-$3,900
-3.9%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2928.79%
Original Mortgage
$145,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Tn Real Estate Returns Llc
Bought by
Cook Jimmie D and Cook Marybeth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2010
Sold by
Fv1 Inc
Bought by
Tn Real Estate Returns Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 2009
Sold by
Payne Felton R
Bought by
Fv1 Inc

Purchase Details

Closed on
Dec 28, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Payne Felton R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,675
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2006
Sold by
Davis Paula
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Purchase Details

Closed on
Apr 7, 2005
Sold by
Maxwell Georgia M
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 20, 2004
Sold by
Maxwell Georgia M
Bought by
Pettigrew Alvin L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $189,900 None Listed On Document
Warranty Deed $96,000 None Listed On Document
Warranty Deed $56,000 Tam Title & Escrow Llc
Corporate Deed $38,900 Tam Title & Escrow Llc
Trustee Deed $30,000 None Available
Special Warranty Deed $72,000 Resource Title Agency Of Tn
Trustee Deed $84,188 None Available
Trustee Deed $44,786 --
Quit Claim Deed $1,945 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,940 New Conventional
Previous Owner $145,000 New Conventional
Previous Owner $62,700 New Conventional
Previous Owner $56,000 Seller Take Back
Previous Owner $40,000 Purchase Money Mortgage
Previous Owner $84,800 Unknown
Previous Owner $76,675 Unknown
Previous Owner $76,675 Purchase Money Mortgage
Previous Owner $76,415 Unknown
Previous Owner $13,485 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $189,900 0.0% $158 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $189,900 +97.8% $158 / Sq Ft
08/15/2024 08/15/24 Sold $96,000 -3.9% $80 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $99,900 -- $83 / 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 -- $40,200 $5,375 $34,825
2024 $696 $20,525 $4,125 $16,400
2023 $1,250 $20,525 $4,125 $16,400
2022 $1,250 $20,525 $4,125 $16,400
2021 $1,265 $20,525 $4,125 $16,400
2020 $1,290 $17,800 $4,125 $13,675
2019 $1,290 $17,800 $4,125 $13,675
2018 $1,290 $17,800 $4,125 $13,675
2017 $732 $17,800 $4,125 $13,675
2016 $727 $16,625 $0 $0
2014 $727 $16,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10177991

Memphis Area Association of REALTORS®

APN: 07-8100-0-0005