NOT LISTED FOR SALE

Estimated Value: $87,000 - $112,000

3 Beds
1 Bath
1,340 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $24,000 $18 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $514/month

34 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1-Story Property

About This Home

As of April 2016

Impressive collection of properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachments.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 02/27/2016

Last Buyer's Agent

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 02/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Jackson Ridge 5Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062048 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$409

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752B
  • MAAR Subdivision Name: JACKSON RIDGE 5TH ADD
  • List Price Per Sq Ft: 21
  • Number Of Stories: 1
  • Price Per Sq Ft: 17.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1340
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 370
  • Acreage: 0.2
  • Lot Size: 0.20 ACRES
  • Price Per Acre: 142500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 062048 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Rodriguez Joaquin Olvera
Bought by
Hernandez Lidia V and Berjan Joaquin Gonzalez
Current Estimated Value
$87,679

Purchase Details

Listed on
Feb 27, 2016
Closed on
Apr 15, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Olvera Rodriguez Joaquin
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$28,500
Sold Price
$24,000
Premium/Discount to List
-$4,500
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Memphis Investment Properties Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Dexter John E
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Dexter Travis O and Dexter Barbara L
Bought by
Dexter John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,492
Interest Rate
7.95%
Mortgage Type
FHA
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
Hernandez Lidia V $45,000 Regency Title & Escrow Llc
Olvera Rodriguez Joaquin $240,000 None Available
Wim Real Estate Investments I Llc $63,075 None Available
Memphis Investment Properties Llc $12,500 None Available
Dexter John E $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Llc $33,462
Previous Owner Memphis Investment Properties Llc $30,000
Previous Owner Dexter John E $46,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $24,000 -15.8% $18 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $28,500 -- $21 / 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 $409 $21,000 $2,475 $18,525
2024 $409 $12,075 $1,425 $10,650
2023 $736 $12,075 $1,425 $10,650
2022 $736 $12,075 $1,425 $10,650
2021 $417 $12,075 $1,425 $10,650
2020 $629 $8,675 $1,300 $7,375
2019 $277 $8,675 $1,300 $7,375
2018 $277 $8,675 $1,300 $7,375
2017 $284 $8,675 $1,300 $7,375
2016 $420 $9,600 $0 $0
2014 $420 $10,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971511

Memphis Area Association of REALTORS®

APN: 06-2048-0-0022