NOT LISTED FOR SALE

Estimated Value: $227,000 - $288,000

3 Beds
2.5 Baths
2,800-2,999 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $117,000 $39 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,604/month

28 Days on Market

Highlights

  • 2.87 Acre Lot
  • Great Room
  • Walk-In Closet
  • Traditional Architecture
  • Eat-In Kitchen
  • Patio

About This Home

As of September 2014

very nice 3br 2bath home all on one level and sits on almost 3 acres. Spacious home with a large bonus room/recreation room. The home is being sold as is. The seller will pay up to $500 for buyer's home warranty.

Last Agent to Sell the Property

Vanessa Marshall

BenchMark REALTORS, LLC License #268298 Listed on: 07/18/2014

Last Buyer's Agent

Sherry Cole

John Green & Co., REALTORS License #272426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1999

Lot Details

  • 2.87 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,854 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Den with Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Union Central Life Insurance Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082016 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,638

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: UNION CENTRAL LIFE
  • List Price Per Sq Ft: 53
  • Number Of Stories: 1
  • Price Per Sq Ft: 41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2854
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Walk-In Closet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: N E PT 5
  • Acreage: 2.87
  • Lot Size: 125138 SF 396.29 X 305.33 (IRR)
  • Price Per Acre: 52230

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 082016 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Aug 20, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Burgess Jerome and Burgess Dianne Duncan
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Sherry Cole
John Green & Co., REALTORS
List Price
$149,900
Sold Price
$117,000
Premium/Discount to List
-$32,900
-21.95%
Current Estimated Value
$269,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,841
Avg. Annual Appreciation
7.32%
Original Mortgage
$150,160
Outstanding Balance
$116,198
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$137,503

Purchase Details

Closed on
May 6, 2014
Sold by
Smith Lavorn and Smith Teresa Ann
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 13, 1997
Sold by
Starnes Eugene W and Starnes Ruby M
Bought by
Smith Lavorn and Smith Teresa Ann
Source: Public Records

Range of Values:

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Average Value
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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
Burgess Jerome $147,000 Multiple
Federal Home Loan Mortgage Corporation $83,102 None Available
Smith Lavorn $10,221 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Jerome $150,160
Previous Owner Smith Lavorn $128,941
Previous Owner Smith Lavorn $50,000
Previous Owner Smith Lavorn $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Sold $117,000 -21.9% $42 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $149,900 -- $54 / 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 $1,638 $62,975 $8,150 $54,825
2024 $1,638 $48,325 $5,025 $43,300
2023 $2,944 $48,325 $5,025 $43,300
2022 $2,944 $48,325 $5,025 $43,300
2021 $2,978 $48,325 $5,025 $43,300
2020 $3,067 $42,325 $5,025 $37,300
2019 $3,067 $42,325 $5,025 $37,300
2018 $3,067 $42,325 $5,025 $37,300
2017 $1,740 $42,325 $5,025 $37,300
2016 $1,967 $45,000 $0 $0
2014 $1,967 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9931774

Memphis Area Association of REALTORS®

APN: 08-2016-0-0004