$115,000
SOLD FEB 18, 2025
3 Beds
1.5 Baths
1,000-1,199 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

9% Below List Price

129 Days on Market

About This Home

As of February 2025

Fantastic investment opportunity in the Shelby area. This 3br/1.1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,065/month. The lease ends on 01/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 09/20/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 09/20/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x150

Parking

  • 1 Parking Space

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,094 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073041 C00007

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 772E
  • MAAR Subdivision Name: KNIGHTWOODS
  • Number Of Stories: 1
  • Price Per Sq Ft: 105.12
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1094
  • Year Built: 1967
  • List Price/ Sq Ft: 110
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

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

Lot Info

  • Lot Number: 7
  • Acreage: 0.22
  • Lot Size: 65X150
  • Price Per Acre: 545000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073041 C00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Feb 18, 2025
Sold by
Anthill Llc
Bought by
Macpherson Ian
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$125,900
Sold Price
$115,000
Premium/Discount to List
-$10,900
-8.66%
Views
63
Current Estimated Value
$113,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,819
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Buy Memphis Now G P
Bought by
Anthill Llc

Purchase Details

Closed on
Mar 14, 2013
Sold by
Mcneal Xavian
Bought by
Gp Buy Memphis Now

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 10, 2012
Closed on
Dec 28, 2012
Sold by
Carroll Jackie
Bought by
Mcneal Xavia
Seller's Agent
Sherita McCray
Assured Real Estate Services
Buyer's Agent
Courvoisier Monroe
First National Realty, REALTOR
List Price
$39,900
Sold Price
$28,000
Premium/Discount to List
-$11,900
-29.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Apr 3, 2009
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Carroll Jackie

Purchase Details

Closed on
Oct 31, 2008
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 16, 2008
Sold by
Nesbitt Ola M and Williams Sallie M
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Feb 8, 2000
Sold by
Franklin David P
Bought by
Nesbitt Ola Mae and Williams Sallie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,971
Interest Rate
8.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1996
Sold by
Browning Mary Nell Lojewski and Williams Warlick Arulus
Bought by
Franklin David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,960
Interest Rate
8.5%
Mortgage Type
VA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 River City Title & Escrow
Warranty Deed $65,900 None Available
Warranty Deed $38,000 Nexus Title & Escrow Llc
Warranty Deed $60,000 None Available
Deed $15,550 None Available
Warranty Deed $55,205 None Available
Trustee Deed $55,205 None Available
Warranty Deed $56,000 --
Warranty Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $47,000 Purchase Money Mortgage
Previous Owner $55,971 FHA
Previous Owner $52,530 VA
Previous Owner $48,960 VA
Closed $3,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $115,000 -4.1% $115 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $119,900 -4.8% $120 / Sq Ft
09/20/2024 09/20/24 For Sale $125,900 +349.6% $126 / Sq Ft
12/28/2012 12/28/12 Sold $28,000 -29.8% $23 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $39,900 -- $33 / 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 -- $29,450 $4,125 $25,325
2024 -- $17,150 $2,750 $14,400
2023 $1,045 $17,150 $2,750 $14,400
2022 $1,045 $17,150 $2,750 $14,400
2021 $1,057 $17,150 $2,750 $14,400
2020 $969 $13,375 $2,750 $10,625
2019 $969 $13,375 $2,750 $10,625
2018 $969 $13,375 $2,750 $10,625
2017 $550 $13,375 $2,750 $10,625
2016 $560 $12,825 $0 $0
2014 $560 $12,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181615

Memphis Area Association of REALTORS®

APN: 07-3041-C0-0007