NOT LISTED FOR SALE

Estimated Value: $100,000 - $106,000

2 Beds
1 Bath
1,154 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $27,800 $24 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $569/month

47 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Brick Veneer
  • Wood Flooring
  • Porch
  • Patio

About This Home

As of May 2016

HUD Home Sold AS-IS" HUD Case # 482-321544, Nice home in 38111 area. Solid exterior, wood floors, and great floor plan. Very convenient location. Excellent home for an owner occupant or an investor. Seller will pay up to 3% closing costs with an acceptable offer.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 03/02/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Sam Tiwana

KAIZEN Realty, LLC License #309637

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058150 00014

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHERRY GARDENS
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1154
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 154
  • Acreage: 0.2

Tax Info

  • Assessor Parcel Number: 058150 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jul 15, 2016
Sold by
Carranza Sandra
Bought by
Reynoso Leonel Perez
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sam Tiwana
KAIZEN Realty, LLC
List Price
$31,000
Sold Price
$27,800
Premium/Discount to List
-$3,200
-10.32%
Current Estimated Value
$103,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,556
Avg. Annual Appreciation
14.31%
Original Mortgage
$8,520
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 18, 2016
Sold by
The Secretary Of Hud
Bought by
Carranza Sandra
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sam Tiwana
KAIZEN Realty, LLC
List Price
$31,000
Sold Price
$27,800
Premium/Discount to List
-$3,200
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,520
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2016
Sold by
Smith Lonnie
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 7, 1999
Sold by
Hale Susan Nance
Bought by
Smith Lonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,804
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reynoso Leonel Perez $48,500 None Available
Carranza Sandra $27,800 None Available
Secretary Of Hud $54,123 Attorney
Smith Lonnie $63,900 --
Smith Lonnie $63,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reynoso Leonel Perez $8,520
Previous Owner Smith Lonnie $63,804
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $27,800 -10.3% $24 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $31,000 -- $27 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $445 $24,200 $5,000 $19,200
2024 $445 $13,125 $2,875 $10,250
2023 $800 $13,125 $2,875 $10,250
2022 $800 $13,125 $2,875 $10,250
2021 $809 $13,125 $2,875 $10,250
2020 $882 $12,175 $2,625 $9,550
2019 $882 $12,175 $2,625 $9,550
2018 $882 $12,175 $2,625 $9,550
2017 $500 $12,175 $2,625 $9,550
2016 $523 $11,975 $0 $0
2014 $523 $11,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971661

Memphis Area Association of REALTORS®

APN: 05-8150-0-0014

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