NOT LISTED FOR SALE

Estimated Value: $95,000 - $125,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $66,000 $47 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $630/month

Highlights

  • Wood Flooring
  • Den
  • Patio
  • Separate Formal Living Room
  • Porch
  • Burglar Security System

About This Home

As of October 2019

Charming bungalow in Cherry Gardens neighborhood: 3 bedrooms, updated 1 bath, large living room and a fantastic den. Well maintained original wood floors, large backyard with a nice brick patio, ADT alarm system installed, fresh paint throughout, large storage building in backyard. Architectural roof, HVAC and hot water heater are about 6 years old. Perfect for the first time homeowner or an investor wanting to add to their portfolio. Great location! Lots of charm!

Last Agent to Sell the Property

Melissa Lorenz

Fast Track Realty, LLC License #335337 Listed on: 08/25/2019

Last Buyer's Agent

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,381 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Den

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Cherry Gardens Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 058104 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$574

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 758E
  • MAAR Subdivision Name: CHERRY GARDENS
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 47.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1381
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Kit/DR Combo
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio
  • Exterior Windows: Aluminum/Steel Siding, Stone
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level, Wood Fenced, Chain Fenced
  • Lot Number: 42
  • Acreage: 0.23
  • Lot Size: 65x155 / .23
  • Price Per Acre: 293478

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 058104 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2019
Closed on
Sep 18, 2019
Sold by
Davie Bill
Bought by
Neighborhood Revival Llc
Seller's Agent
Melissa Lorenz
Fast Track Realty, LLC
Buyer's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
List Price
$67,500
Sold Price
$66,000
Premium/Discount to List
-$1,500
-2.22%
Current Estimated Value
$109,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,788
Avg. Annual Appreciation
8.81%

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jul 28, 2014
Sold by
Pegasus Real Estate Services Llc
Bought by
Davie Bill
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$34,900
Sold Price
$21,900
Premium/Discount to List
-$13,000
-37.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.68%

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jul 23, 2014
Sold by
Rwls Iv Holdings Llc
Bought by
Pegasus Real Estate Services
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$34,900
Sold Price
$21,900
Premium/Discount to List
-$13,000
-37.25%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Kearney Joseph and Kearney Joseph Bob
Bought by
Rwls Iv Holdings Llc

Purchase Details

Closed on
May 6, 2004
Sold by
Va
Bought by
Kearney Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Needham Ralph E and Needham Shirley A
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
Neighborhood Revival Llc $66,000 Edco Ttl & Closing Svcs Inc
Davie Bill $49,900 None Available
Pegasus Real Estate Services $219,000 Landcastle Title Llc
Rwls Iv Holdings Llc $42,150 None Available
Kearney Joseph $58,000 Accurate Title
Va $44,947 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kearney Joseph $55,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2019 10/02/19 Sold $66,000 -2.2% $55 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/25/2019 08/25/19 For Sale $67,500 0.0% $56 / Sq Ft
10/06/2014 10/06/14 Rented $795 -3.6% --
10/06/2014 10/06/14 Under Contract -- -- --
09/10/2014 09/10/14 For Rent $825 0.0% --
07/25/2014 07/25/14 Sold $21,900 -37.2% $18 / Sq Ft View Prior Sale
07/02/2014 07/02/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $34,900 -- $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 $574 $27,200 $5,000 $22,200
2024 $574 $16,925 $3,000 $13,925
2023 $1,031 $16,925 $3,000 $13,925
2022 $1,031 $16,925 $3,000 $13,925
2021 $584 $16,925 $3,000 $13,925
2020 $1,045 $14,425 $2,750 $11,675
2019 $461 $14,425 $2,750 $11,675
2018 $461 $14,425 $2,750 $11,675
2017 $472 $14,425 $2,750 $11,675
2016 $575 $13,150 $0 $0
2014 $575 $13,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10060512

Memphis Area Association of REALTORS®

APN: 05-8104-0-0010