NOT LISTED FOR SALE

Estimated Value: $95,000 - $153,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $74,900 $62 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $771/month

34 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bungalow
  • Corner Lot
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2018

Great investment property! This home is undergoing a full renovation and scheduled to be completed by 8/30/17. New roof- 30 year, architectural shingle. Flooring: Install tile in the kitchen and bathrooms and hardwood floors installed. Updated bathrooms and kitchen. Target rent = $850 currently vacant.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 10/24/2017

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 10/24/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 1946

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Few Trees

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,029 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Combination Dining and Living Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Tutwiler Summer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055070 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$688

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 752F
  • MAAR Subdivision Name: TUTWILER-SUMMER
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1029
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Pull Down Attic Stairs, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 28
  • Acreage: 0.22
  • Lot Size: 96x100 / 0.22
  • Price Per Acre: 340455

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 055070 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 7, 2018
Sold by
Manoharan Lakshmankomar and Jayabalan Jayalakshmi
Bought by
Damodar Holdings Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$74,900
Sold Price
$74,900
Current Estimated Value
$131,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,316
Avg. Annual Appreciation
8.29%
Original Mortgage
$59,920
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2017
Closed on
Jan 26, 2018
Sold by
Manohan Lakasmankumaer
Bought by
Laskanman and Revoc Jayabalan Revoc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$74,900
Sold Price
$74,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,920
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2017
Sold by
Peppers Wendy Jane and Wilson Wendy Jane
Bought by
Jbj 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
$35,000
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 13, 2015
Sold by
Scitt Cynthia J
Bought by
Peppers Wendy June

Purchase Details

Closed on
Oct 15, 2003
Sold by
Martinez Connie Jean Lemonds
Bought by
Wilson Wendy Jane
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
Damodar Holdings Llc -- None Available
Laskanman -- None Available
Manoharan Lakshmankumar $74,900 Delta Title Services Llc
Jbj Properties Llc $15,000 Close Trak Closing & Title S
Peppers Wendy June -- None Available
Wilson Wendy Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manoharan Lakshmankumar $59,920
Previous Owner Jbj Properties Llc $35,000
Previous Owner Scott Cynthia Jane $64,519
Previous Owner Scott Cynthia Jane $53,421
Previous Owner Scott Cynthia Jane $42,048
Previous Owner Wilson Wendy Jane $10,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $74,900 0.0% $75 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $74,900 -- $75 / 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 $688 $23,400 $3,475 $19,925
2024 $688 $20,300 $3,475 $16,825
2023 $1,237 $20,300 $3,475 $16,825
2022 $1,237 $20,300 $3,475 $16,825
2021 $1,251 $20,300 $3,475 $16,825
2020 $1,304 $18,000 $3,375 $14,625
2019 $1,304 $18,000 $3,375 $14,625
2018 $1,304 $18,000 $3,375 $14,625
2017 $584 $14,200 $3,375 $10,825
2016 $582 $13,325 $0 $0
2014 $582 $13,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014295

Memphis Area Association of REALTORS®

APN: 05-5070-0-0001