NOT LISTED FOR SALE

Estimated Value: $142,000 - $161,102

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $138,000 $86 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $871/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Laundry Room
  • Traditional Architecture
  • Corner Lot
  • Storage Room

About This Home

As of September 2022

DO NOT DISTURB TENANTS! Tenant occupied home in the Raleigh Area. Renovated i3bdr/1.5 bath (could be 4 bedroom). Tenant is paying $850 a month and MTM lease. No showings without accepted offer. The rehab in 2020 consisted of new interior paint, updated baths and kitchen, LVP floors, new roof, new A/C condenser. Home is Professionally Managed. No wholesalers or assignments. Pictures are before tenant moved in.

Last Agent to Sell the Property

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193 Listed on: 06/23/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tina Sandoval

Spartan REALTORS, LLC License #312887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85x120
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,409 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laminate Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Outdoor Storage
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Raleigh Hills Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086035 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: RALEIGH HILLS BLK A
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Price Per Sq Ft: 97.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1409
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: 39
  • Acreage: 0.23
  • Lot Size: 85X120
  • Price Per Acre: 565217

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 086035 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 7, 2022
Sold by
Mokihana Group Llc- Series F
Bought by
Rs Rental Iii-A Llc
Seller's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tina Sandoval
Spartan REALTORS, LLC
List Price
$130,000
Sold Price
$138,000
Premium/Discount to List
$8,000
6.15%
Current Estimated Value
$150,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,526
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Jan 7, 2021
Sold by
Coloma Sheena U and Coloma Christopher
Bought by
Mokihana Group Llc

Purchase Details

Listed on
Apr 27, 2020
Closed on
Aug 5, 2020
Sold by
Mc2012 Properties Memphis Llc
Bought by
Coloma Sheena U and Coloma Christopher
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Guenter Hans J and Miller Ewell D
Bought by
Mc2012 Properties Memphis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2003
Sold by
G & M Investments
Bought by
Guenther Hans J and Miller Ewell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,080
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Stevenson Jacqueline
Bought by
Guenther Hans and Miller Ewell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,080
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1999
Sold by
Stewart Carolyn W
Bought by
Stevenson Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.98%

Purchase Details

Closed on
Oct 31, 1994
Bought by
Stewart Carolyn W
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
Rs Rental Iii-A Llc $138,000 Summit Title & Escrow
Mokihana Group Llc -- None Available
Coloma Sheena U $75,000 Saddle Creek Title Llc
Mc2012 Properties Memphis Llc $68,210 None Available
Guenther Hans J -- --
Guenther Hans $42,001 --
Stevenson Jacqueline $78,000 Equity Title & Escrow Co
Stewart Carolyn W $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mc2012 Properties Memphis Llc $27,500
Previous Owner Guenther Hans J $66,080
Previous Owner Stevenson Jacqueline $62,400
Closed Stevenson Jacqueline $15,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $138,000 +6.2% $99 / Sq Ft
06/23/2022 06/23/22 For Sale $130,000 +73.3% $93 / Sq Ft
08/05/2020 08/05/20 Sold $75,000 -11.8% $63 / Sq Ft View Prior Sale
07/25/2020 07/25/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $85,000 -4.5% $71 / Sq Ft
05/13/2020 05/13/20 Price Changed $89,000 -10.1% $74 / Sq Ft
04/27/2020 04/27/20 For Sale $99,000 -- $83 / 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 $897 $39,475 $3,750 $35,725
2024 $897 $26,450 $2,900 $23,550
2023 $1,611 $26,450 $2,900 $23,550
2022 $1,403 $23,025 $2,900 $20,125
2021 $1,419 $23,025 $2,900 $20,125
2020 $1,096 $15,125 $2,900 $12,225
2019 $483 $15,125 $2,900 $12,225
2018 $483 $15,125 $2,900 $12,225
2017 $495 $15,125 $2,900 $12,225
2016 $629 $14,400 $0 $0
2014 $629 $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127069

Memphis Area Association of REALTORS®

APN: 08-6035-0-0018