NOT LISTED FOR SALE

Estimated Value: $331,000 - $425,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $300,000 $150 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,120/month

Highlights

  • Updated Kitchen
  • Colonial Architecture
  • Fireplace in Hearth Room
  • White Station High Rated A
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of June 2020

In The Heart of Galloway Gardens sits This Beauty! Custom Shutters throughout with a Remodeled Kitchen, Stainless App that stay and concrete counters Open to a Large HearthRoom with impressive beams along with a masonry gas fireplace, Just a fabulous space! Hardwood Floors with 2 Full baths, Sep Laundry Rm with Washer/Dryer includ, Sep Dining & Living Rm With 2 Bedrooms down and Third Bedroom or Office upstairs. Backyard made for entertaining and Fully Fenced.

Last Agent to Sell the Property

Nora Lawson

Crye-Leike, Inc., REALTORS License #331997 Listed on: 05/09/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Todd Adams

Keller Williams License #332950

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,860 Sq Ft Home
  • 1.1-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Ground Level
  • Upper Level

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Magnolia Park First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055021 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,518

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Contemporary, Colonial, Ranch
  • Attached Unit Type: First Floor Flat, Ground Level-Single Story, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 755B
  • MAAR Subdivision Name: MAGNOLIA PARK 1ST ADD
  • List Price Per Sq Ft: 169
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 161.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1860
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, Play Room/Rec Room, Office
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, In Den/Great Room, In Keeping/Hearth room, Gas Starter, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Office/Sewing Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Professionally Landscaped, Wood Fenced
  • Lot Number: 131
  • Acreage: 0.25
  • Lot Size: .25
  • Price Per Acre: 1260000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 055021 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jun 24, 2020
Sold by
Jones Cathy Lea
Bought by
Thomas Clay and Thomas Carolyn
Seller's Agent
Nora Lawson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Todd Adams
Keller Williams
List Price
$318,200
Sold Price
$300,000
Premium/Discount to List
-$18,200
-5.72%
Current Estimated Value
$364,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,187
Avg. Annual Appreciation
3.69%
Original Mortgage
$240,000
Outstanding Balance
$212,341
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$151,846

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 29, 2015
Sold by
Bomar Susan A
Bought by
Newby George Stephen and Jones Cathy Lea
Seller's Agent
Laura Helms
Adaro Realty, Inc.
Buyer's Agent
Elisabeth Buckner
901 Real Estate Services
List Price
$240,000
Sold Price
$238,000
Premium/Discount to List
-$2,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Mar 26, 2013
Sold by
Bomar Susan M
Bought by
Bomar Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2012
Closed on
Sep 17, 2012
Sold by
Cannon Henry N
Bought by
Bomar Susan M
Seller's Agent
Meredith McDonald
Ware Jones, REALTORS
Buyer's Agent
Laura Helms
Adaro Realty, Inc.
List Price
$242,000
Sold Price
$204,500
Premium/Discount to List
-$37,500
-15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$125,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
Reed Presley and Reed Kathlyn Bryce
Bought by
Cannon Henry N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thomas Clay $300,000 Realty Title
Newby George Stephen $238,000 Multiple
Bomar Susan A -- None Available
Bomar Susan A $160,000 None Available
Bomar Susan M $204,500 Mid South Title Services Llc
Cannon Henry N $159,016 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Clay $240,000
Previous Owner Bomar Susan A $108,000
Previous Owner Bomar Susan M $125,000
Previous Owner Cannon Henry N $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2020 06/25/20 Sold $300,000 -4.8% $167 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/16/2020 05/16/20 Price Changed $315,000 -1.0% $175 / Sq Ft
05/09/2020 05/09/20 For Sale $318,200 +33.7% $177 / Sq Ft
04/29/2015 04/29/15 Sold $238,000 -0.8% $132 / Sq Ft View Prior Sale
03/30/2015 03/30/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $240,000 +17.4% $133 / Sq Ft
09/17/2012 09/17/12 Sold $204,500 -15.5% $114 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $242,000 -- $134 / 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 $2,518 $85,225 $23,625 $61,600
2024 $2,518 $74,275 $23,625 $50,650
2023 $4,525 $74,275 $23,625 $50,650
2022 $4,525 $74,275 $23,625 $50,650
2021 $4,578 $74,275 $23,625 $50,650
2020 $4,636 $63,975 $23,625 $40,350
2019 $2,045 $63,975 $23,625 $40,350
2018 $2,045 $63,975 $23,625 $40,350
2017 $2,093 $63,975 $23,625 $40,350
2016 $2,260 $51,725 $0 $0
2014 $2,260 $51,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076255

Memphis Area Association of REALTORS®

APN: 05-5021-0-0014