NOT LISTED FOR SALE

Estimated Value: $113,000 - $156,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $73,900 $53 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $774/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Fireplace
  • Level Lot

About This Home

As of November 2013

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS UNTIL FURTHER NOTICE. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY TO BE RENTED AND SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 10/16/2013

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,392 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Park Acres Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058147 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758C
  • MAAR Subdivision Name: PARK ACRES
  • Number Of Stories: 1
  • Price Per Sq Ft: 53.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1392
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 123
  • Acreage: 0.15

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058147 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2013
Closed on
Nov 25, 2013
Sold by
Memphis Invest Gp
Bought by
Norman Mark H and Mark Norman Trust
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$75,900
Sold Price
$73,900
Premium/Discount to List
-$2,000
-2.64%
Current Estimated Value
$134,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,960
Avg. Annual Appreciation
6.54%
Original Mortgage
$2,575,000
Interest Rate
4.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 6, 2013
Closed on
Sep 19, 2013
Sold by
Sims Triyolanda L and Sims Myrtle J
Bought by
Memphis Invest Gp
Seller's Agent
Staffardnette Young
REMAX Experts
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$49,900
Sold Price
$36,000
Premium/Discount to List
-$13,900
-27.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
4.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 11, 2000
Sold by
Murley Robert D and Murley Peggy
Bought by
Sims Myrtle J and Sims Triyolanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
11.12%
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
Norman Mark H $73,900 None Available
Memphis Invest Gp $36,000 Regency Title And Escrow
Sims Myrtle J $70,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Meyers Sabine $54,000
Previous Owner Sims Myrtle J $89,500
Previous Owner Sims Myrtle J $61,600
Previous Owner Sims Myrtle J $15,400
Previous Owner Sims Myrtle J $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $73,900 -2.6% $62 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $75,900 +110.8% $63 / Sq Ft
10/10/2013 10/10/13 Sold $36,000 -27.9% $26 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $49,900 -- $36 / 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 $700 $29,900 $5,000 $24,900
2024 -- $20,650 $2,800 $17,850
2023 $1,258 $20,650 $2,800 $17,850
2022 $1,258 $20,650 $2,800 $17,850
2021 $1,273 $20,650 $2,800 $17,850
2020 $1,085 $14,975 $2,575 $12,400
2019 $1,085 $14,975 $2,575 $12,400
2018 $1,085 $14,975 $2,575 $12,400
2017 $615 $14,975 $2,575 $12,400
2016 $725 $16,600 $0 $0
2014 $725 $16,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3283616

Memphis Area Association of REALTORS®

APN: 05-8147-0-0010