$21,000
SOLD SEP 19, 2012
3 Beds
1.5 Baths
1,000-1,199 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

28% Below List Price

176 Days on Market

Highlights

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

About This Home

As of June 2022

great investment property/currently rented for 650.per month

Last Agent to Sell the Property

Sheila Smith

Realty Capital Management, LLC License #274215 Listed on: 03/14/2012

Co-Listed By

Shana Floyd-Lee

Realty Capital Management, LLC License #330086

Last Buyer's Agent

James Anson Underwood

Crye-Leike, Inc., REALTORS License #296115

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,164 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Wells Terrace Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053065 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752D
  • MAAR Subdivision Name: WELLS TERRACE SEC B
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1164
  • Year Built: 1953
  • 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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 12
  • Acreage: 0.17
  • Lot Size: .17 acres

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 053065 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2023
Sold by
Porter Ray
Bought by
Nap Rental Llc
Current Estimated Value
$105,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Outstanding Balance
$107,491
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$13,935

Purchase Details

Listed on
Mar 13, 2022
Closed on
Jun 15, 2022
Sold by
White Walls Holdings Llc
Bought by
Porter Ray
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$89,900
Sold Price
$83,888
Premium/Discount to List
-$6,012
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Apr 13, 2018
Sold by
M R P Managnent Llc
Bought by
Tbw Ventrues Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2012
Closed on
Sep 18, 2012
Sold by
Rojas Real Estate Llc
Bought by
Mrt Management Llc
Seller's Agent
Sheila Smith
Realty Capital Management, LLC
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$29,000
Sold Price
$21,000
Premium/Discount to List
-$8,000
-27.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Memphis Escrow Company Inc
Bought by
Rojas Real Estate Llc

Purchase Details

Closed on
Jan 2, 2003
Sold by
R & M Memphis Lp
Bought by
4227 Queensbury Land Trust and Memphis Escrow Co Inc

Purchase Details

Closed on
Apr 9, 2002
Sold by
Scott Bryan L P
Bought by
R & M Memphis L P

Purchase Details

Closed on
Jul 15, 1996
Sold by
Bryan Daniel S
Bought by
Scott Bryan Lp

Purchase Details

Closed on
Feb 7, 1995
Bought by
Bryan Daniel S
Source: Public Records

Similar Homes in Memphis, TN

  • 808 Bullington Ave, Memphis, TN 38106

    $20,000

    • 3 Beds
    • 1 Bath
    • 1,600+ Sq Ft
    • 808 Bullington Ave
    • Memphis, TN

    Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS. Investors this is your chance to add to or build your portfolio. Must be purchased as a package with the following: 774 Bullington Ave 776 Bullington Ave 758 Bullington Ave

    Danielle Cook Coldwell Banker Collins-Maury

    Section Image
  • 271 Bertha Ave, Memphis, TN 38106

    $20,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 271 Bertha Ave
    • Memphis, TN

    Excellent Investment Opportunity - This brick home offers great potential as a 2-bedroom, 1-bath fixer-upper located in a quiet cove. Ideal for investors or buyers seeking a value-add property. Home is vacant, easy to show, and ready for your vision. Don’t miss this chance—act quickly!

    Katrina Smith Keller Williams

    Section Image
  • 1336 Hyde Park Blvd, Memphis, TN 38108

    $24,900

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • 1336 Hyde Park Blvd
    • Memphis, TN

    Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers.

    Dustin Hepburn Rebuilt Brokerage LLC

    Section Image
  • 1225 Merchant St, Memphis, TN 38108

    $16,900

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 1225 Merchant St
    • Memphis, TN

    BACK ON MARKET - Seller recently made several updates to make the property structurally sound again. This property still in need of a full cosmetic rehab and could be a great flip opportunity as well as a profitable rental investment. Walking distance to parks as well as close interstate access. Please do all due diligence and inspections before presenting an offer. Seller recently put on a brand

    Tyler Bowman Weichert, REALTORS-BenchMark

    Section Image
  • 3845 Kimball Ave, Memphis, TN 38111

    $21,000

    • 4 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft
    • 3845 Kimball Ave
    • Memphis, TN

    AS IS Court Ordered Receiver's Sale. Sale price will be determined at auction March 29, 2024 @ 10:00am, at the SW corner of the steps of Shelby County Courthouse. Buyer must apply as a Qualified Buyer to Environmental Court by Wednesday, March 27, 2024 at 12:00pm (noon) & be approved by court as a Qualified Buyer in order to bid. Application requirements available by contacting listing agent.

    William Carter Myers Cobb Realtors, LLC

    Section Image
  • 2151 Goff Ave, Memphis, TN 38114

    $24,900

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 2151 Goff Ave
    • Memphis, TN

    Your opportunity to fix'n'flip on the outskirts of Cooper-Young! Landscaping and tree removal is already done for you. 1 block off Cooper, 850 square foot building with a lovely front porch and a 2-car carport awaits your imagination. Very recent (closed in the last few weeks) remodeled comps: 2329 Riley @ $111,200 and 2007 Cloverdale @ $112,000. Look them up and let's make a deal on this gem!!

    Tyler Bowman Weichert, REALTORS-BenchMark

    Section Image
  • 1057 Walk Place, Memphis, TN 38106

    $16,000

    • 4 Beds
    • 2 Baths
    • 1,800+ Sq Ft
    • 1057 Walk Place
    • Memphis, TN

    Investor Special! This vacant property at 1015 Walk Place is being sold as-is and is priced to move. A full rehab is needed—perfect for a savvy investor or contractor looking for their next project. Located near downtown Memphis with strong rental or resale potential. Don’t miss this opportunity to add value and build equity!

    Victoria Young Robinson TRG Real Estate Services, LLC

    Section Image
  • 1431 Ledger Rd, Memphis, TN 38106

    $20,900

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 1431 Ledger Rd
    • Memphis, TN

    This is an as-is sale. Repairs are not negotiable. Seller prefers all cash offers with no contingencies, but will consider all offers presented. Seller will review offers approximately 8 days from Listing Date. Property will not qualify for FHA or VA financing in current condition. Property requires interior and exterior repairs.

    Matthew Ford The Carter Group LLC, REALTORS

    Section Image
  • 1557 Preston St, Memphis, TN 38106

    $22,500

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1557 Preston St
    • Memphis, TN

    Investor Special! Large home that is being offered at a great price. Property needs repairs but could be worth a lot of money once fixed up. Home has a nice floor plan, hardwood floors, fireplace, and huge kitchen. ONLINE VIDEO AVAILABLE UPON REQUEST. Please go view the house and then make your offer with no inspection or financing contingencies. Seller is not interested in owner financing,

    Tyler Tapley Crye-Leike, Inc., REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Quit Claim Deed -- --
Warranty Deed $83,888 New Title Company Name
Warranty Deed $41,000 Coventry Escrow & Title Co L
Warranty Deed $22,000 --
Warranty Deed $290,666 None Available
Quit Claim Deed -- --
Quit Claim Deed -- First American Title Ins Co
Quit Claim Deed -- --
Deed $41,150 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,600 New Conventional
Previous Owner $185,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $83,888 -6.7% $84 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $89,900 +99.8% $90 / Sq Ft
04/25/2019 04/25/19 Sold $45,000 0.0% $45 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $45,000 +114.3% $45 / Sq Ft
09/19/2012 09/19/12 Sold $21,000 -27.6% $21 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $29,000 -- $29 / 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 $386 $20,600 $4,175 $16,425
2024 $386 $11,400 $1,550 $9,850
2023 $694 $11,400 $1,550 $9,850
2022 $694 $11,400 $1,550 $9,850
2021 $393 $11,400 $1,550 $9,850
2020 $663 $9,150 $1,550 $7,600
2019 $292 $9,150 $1,550 $7,600
2018 $292 $9,150 $1,550 $7,600
2017 $299 $9,150 $1,550 $7,600
2016 $403 $9,225 $0 $0
2014 $470 $10,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3242733

Memphis Area Association of REALTORS®

APN: 05-3065-0-0007