NOT LISTED FOR SALE

Estimated Value: $99,732 - $125,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 25, 2012

Last sale price $31,000 $26 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $635/month

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Level Lot
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2012

THIS IS A FANNIEMAE HOMEPATH PROPERTY. BUY THIS HOME FOR AS LITTLE AS 3% DOWN! THIS HOME IS APPROVED HOMEPATH RENOVATION MORTGAGE FINANCING. HOME FEATURES 3 BEDROOMS & 1 FULL BATHROOM. GREAT FOR FIRST TIME HOME BUYERS OR EXCELLENT AS INVESTMENT PROPERTY!

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 01/17/2012

Last Buyer's Agent

Jo Shaner

Keller Williams License #265130

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,004 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058105 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758E
  • MAAR Subdivision Name: CHERRY GARDENS
  • Number Of Stories: 1
  • Price Per Sq Ft: 30.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1004
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 128
  • Acreage: 0.15
  • Lot Size: .15

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058105 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2012
Sold by
Williams David
Bought by
Williams David and Williams Dalia
Current Estimated Value
$111,683

Purchase Details

Listed on
Jan 17, 2012
Closed on
Feb 27, 2012
Sold by
Fannie Mae
Bought by
Williams David
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Jo Shaner
Keller Williams
List Price
$29,000
Sold Price
$31,000
Premium/Discount to List
$2,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Patterson Charles
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 2007
Sold by
Patterson Charles T
Bought by
Patterson Charles T and Patterson Mary Ann

Purchase Details

Closed on
Mar 16, 2007
Sold by
Hewlett Investments Inc
Bought by
Patterson Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,750
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2006
Sold by
Household Financial Center Inc
Bought by
Hewlett Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,665
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
Richardson Patrick Timothy and Adams Felecia Renee
Bought by
Household Financial Center Inc
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
Williams David -- None Available
Williams David $31,000 Mid America Title Agency Inc
Federal National Mortgage Association $73,119 None Available
Patterson Charles T -- None Available
Patterson Charles T $56,750 None Available
Hewlett Investments Inc $41,000 Landcastle Title Llc
Household Financial Center Inc $56,810 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Charles T $53,750
Previous Owner Hewlett Investments Inc $41,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2012 02/25/12 Sold $31,000 +6.9% $31 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $29,000 -- $29 / 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 $515 $25,225 $5,000 $20,225
2024 $515 $15,200 $2,900 $12,300
2023 $926 $15,200 $2,900 $12,300
2022 $926 $15,200 $2,900 $12,300
2021 $937 $15,200 $2,900 $12,300
2020 $967 $13,350 $2,650 $10,700
2019 $967 $13,350 $2,650 $10,700
2018 $967 $13,350 $2,650 $10,700
2017 $549 $13,350 $2,650 $10,700
2016 $567 $12,975 $0 $0
2014 $567 $12,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3239075

Memphis Area Association of REALTORS®

APN: 05-8105-0-0003