NOT LISTED FOR SALE

Estimated Value: $123,000 - $156,000

2 Beds
2 Baths
1,000-1,199 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $106,900 $89 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $833/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • Level Lot

About This Home

As of February 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $950 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: 11/16/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1950

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 64x120
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,170 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Vaughn Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054003 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

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 #: 752F
  • MAAR Subdivision Name: VAUGHN VILLAGE
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Price Per Sq Ft: 91.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1170
  • 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, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Total Bathrooms: 2

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 Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 47
  • Acreage: 0.06
  • Lot Size: 64X120
  • Price Per Acre: 1781667

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 054003 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 11, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Collins Keith and Collins Noelle S
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$106,900
Sold Price
$106,900
Total Days on Market
0
Current Estimated Value
$139,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,136
Avg. Annual Appreciation
6.33%
Original Mortgage
$53,450
Outstanding Balance
$48,201
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$90,835

Purchase Details

Closed on
Nov 3, 2020
Sold by
Purifoy Mark T and Purifoy Kimberly C
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Gross Geraldine S
Bought by
Purifoy Mark T and Purifoy Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
9.42%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Collins Keith $106,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $62,000 Delta Title Services Llc
Purifoy Mark T $74,900 Mid America Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Keith $53,450
Previous Owner Memphis Investment Properties Ii Llc $80,000
Previous Owner Purifoy Mark T $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $106,900 0.0% $107 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $106,900 -- $107 / 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 $622 $38,000 $6,750 $31,250
2024 $622 $18,350 $3,625 $14,725
2023 $1,118 $18,350 $3,625 $14,725
2022 $1,118 $18,350 $3,625 $14,725
2021 $633 $18,350 $3,625 $14,725
2020 $908 $12,525 $2,300 $10,225
2019 $400 $12,525 $2,300 $10,225
2018 $400 $12,525 $2,300 $10,225
2017 $410 $12,525 $2,300 $10,225
2016 $536 $12,275 $0 $0
2014 $536 $12,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089078

Memphis Area Association of REALTORS®

APN: 05-4003-0-0019