NOT LISTED FOR SALE

Estimated Value: $134,000 - $163,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $107,250 $77 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $867/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of March 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $975 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 01/21/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1967

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,280 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Hills Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086032 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: RALEIGH HILLS BLK E
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 83.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1280
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

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
  • Lot Number: 200
  • Acreage: 0.2
  • Lot Size: 70X124.73/124.83
  • Price Per Acre: 537500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 086032 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 12, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Watkins Benjamin
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$107,500
Sold Price
$107,250
Premium/Discount to List
-$250
-0.23%
Current Estimated Value
$152,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,861
Avg. Annual Appreciation
6.42%
Original Mortgage
$85,600
Outstanding Balance
$75,811
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$76,300

Purchase Details

Closed on
Jan 2, 2020
Sold by
Hajek Brenda and Ferguson Harvey
Bought by
Memphis Investments Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,250
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 21, 2007
Sold by
Hajek Brenda
Bought by
Ferguson Mildred

Purchase Details

Closed on
Sep 29, 2003
Sold by
Ferguson Harvey and Ferguson Mildred
Bought by
Hajek Brenda Joy
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
Watkins Benjamin $107,250 Delta Title Services Llc
Memphis Investments Properties Ii Llc $36,000 Delta Title Services Llc
Ferguson Mildred -- None Available
Hajek Brenda Joy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Benjamin $85,600
Previous Owner Memphis Investments Properties Ii Llc $78,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $107,250 -0.2% $89 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $107,500 -- $90 / 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 $833 $37,025 $3,750 $33,275
2024 $833 $24,575 $2,900 $21,675
2023 $1,497 $24,575 $2,900 $21,675
2022 $1,497 $24,575 $2,900 $21,675
2021 $1,515 $24,575 $2,900 $21,675
2020 $1,045 $14,425 $2,900 $11,525
2019 $461 $14,425 $2,900 $11,525
2018 $461 $14,425 $2,900 $11,525
2017 $472 $14,425 $2,900 $11,525
2016 $599 $13,700 $0 $0
2014 $599 $13,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069399

Memphis Area Association of REALTORS®

APN: 08-6032-0-0010