NOT LISTED FOR SALE

Estimated Value: $89,000 - $109,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $81,000 $58 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $578/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2022

Wonderful Investment Property!!! House in solid condition! Tenant Occupied on month to month lease. No showings until after an offer is accepted. PLEASE DO NOT DISTURB TENANT! Owner has requested that all questions or information come from the listing agent. Send offers to letitia.alexander@exprealty.com.

Last Agent to Sell the Property

Letitia Alexander

Epique Realty License #361838 Listed on: 04/12/2022

Epique Realty

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,220 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Home Security

  • Monitored
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Belover Woods First Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071002 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: BELOVER WOODS 1ST ADD
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1220
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Monitored Alarm System

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 65
  • Acreage: 0.22
  • Lot Size: 70X140
  • Price Per Acre: 386364

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 071002 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Burritt Warren C and Burritt Holly
Bought by
Gates Investments Tn Llc
Current Estimated Value
$97,390

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 16, 2022
Sold by
Perry Michael S and Perry Raven S
Bought by
Burritt Warren C and Burritt Holly
Seller's Agent
Letitia Alexander
Epique Realty
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$85,000
Sold Price
$81,000
Premium/Discount to List
-$4,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$60,750
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2019
Sold by
Smith Ronald E
Bought by
Perry Michael and Perry Raven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,860
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 2018
Sold by
Smith Thomas A and Smith Ronald E
Bought by
Smith Ronald E

Purchase Details

Closed on
Mar 1, 2015
Sold by
Smith Vellar B
Bought by
Smith Vellar B and Smith Ronald E

Purchase Details

Closed on
Feb 16, 1998
Sold by
Smith Steven L
Bought by
Smith Arthur T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 9, 1994
Bought by
Smith Steven L
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
Gates Investments Tn Llc -- None Listed On Document
Burritt Warren C $81,000 Home Surety Title & Escrow
Perry Michael $40,000 Realty Title
Smith Ronald E -- None Available
Smith Vellar B -- None Available
Smith Arthur T $48,000 --
Smith Steven L $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burritt Warren C $60,750
Previous Owner Perry Michael $40,860
Previous Owner Smith Arthur T $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $81,000 -4.7% $68 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $85,000 -- $71 / 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 $570 $24,975 $2,850 $22,125
2024 $570 $16,800 $2,450 $14,350
2023 $1,023 $16,800 $2,450 $14,350
2022 $1,023 $16,800 $2,450 $14,350
2021 $580 $16,800 $2,450 $14,350
2020 $879 $12,125 $2,450 $9,675
2019 $388 $12,125 $2,450 $9,675
2018 $388 $12,125 $2,450 $9,675
2017 $397 $12,125 $2,450 $9,675
2016 $509 $11,650 $0 $0
2014 $509 $11,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121583

Memphis Area Association of REALTORS®

APN: 07-1002-0-0009