NOT LISTED FOR SALE

Estimated Value: $70,000 - $113,000

3 Beds
1 Bath
975 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $82,500 $85 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $555/month

Highlights

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

About This Home

As of June 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $750 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: 03/20/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 1968

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61x120
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Chickasaw Village 8Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075139 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$442

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE 8TH ADD
  • List Price Per Sq Ft: 88
  • Number Of Stories: 1
  • Price Per Sq Ft: 84.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 975
  • Year Built: 1968
  • 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, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • 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: Brick Veneer, 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: 17
  • Acreage: 0.16
  • Lot Size: 61X120
  • Price Per Acre: 534375

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075139 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 28, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Martinez Michelle
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$85,500
Sold Price
$82,500
Premium/Discount to List
-$3,000
-3.51%
Current Estimated Value
$95,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,571
Avg. Annual Appreciation
3.30%
Original Mortgage
$6,187,500
Outstanding Balance
$5,638,482
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$5,543,825

Purchase Details

Closed on
Jan 28, 2021
Sold by
Sacharczyk Ralph
Bought by
Memphis Investment 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
$65,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2008
Sold by
Southern Horizon Development Llc
Bought by
Sacharczyk Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2006
Sold by
Citifinancial Mortgage Co Inc
Bought by
Memphis Investment Properties Llc

Purchase Details

Closed on
Feb 28, 2006
Sold by
Price Norman and Price Barbara F Anderson
Bought by
Citifinancial Mortgage Co Inc
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
Martinez Michelle $62,500 Delta Title Services Llc
Memphis Investment Properties Ii Llc $42,500 Delta Title Services Llc
Sacharczyk Ralph $104,000 None Available
Southern Horizon Development Llc $29,000 None Available
Memphis Investment Properties Llc $26,600 Associates Closing & Title H
Citifinancial Mortgage Co Inc $25,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Michelle $6,187,500
Previous Owner Memphis Investment Properties Ii Llc $65,000
Previous Owner Sacharczyk Ralph $104,000
Previous Owner Price Barbara F Anderson $38,054
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $82,500 -3.5% $85 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $85,500 -- $88 / 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 $442 $18,900 $2,575 $16,325
2024 $442 $13,050 $2,125 $10,925
2023 $795 $13,050 $2,125 $10,925
2022 $795 $13,050 $2,125 $10,925
2021 $450 $13,050 $2,125 $10,925
2020 $850 $11,725 $2,125 $9,600
2019 $375 $11,725 $2,125 $9,600
2018 $375 $11,725 $2,125 $9,600
2017 $384 $11,725 $2,125 $9,600
2016 $474 $10,850 $0 $0
2014 $474 $10,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095715

Memphis Area Association of REALTORS®

APN: 07-5139-0-0026