$120,000
SOLD APR 24, 2023
3 Beds
2 Baths
1,600-1,799 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

14% Below List Price

24 Days on Market

Highlights

  • Contemporary Architecture
  • Den
  • Storm Windows
  • 1 Fireplace
  • Some Wood Windows
  • Breakfast Bar

About This Home

As of March 2024

Contract failed on this single family opportunity that has potential for increased value in this changing market? It features 3 bedrooms and 2 baths, living room, dining room, and huge den with a fireplace with a breakfast bar to the kitchen. Being sold AS-IS and TENANT OCCUPIED (Lease expiring end of April). Do not disturb. Submit offers subject to viewing and inspections. Pre-Qual letter required w/ offers. EM Deposit and closing by Regency Title & Escrow. Serious inquries only.

Last Agent to Sell the Property

Daryl Lewis

Infinity Group REALTORS, Inc. License #260303 Listed on: 03/18/2023

Last Buyer's Agent

Daryl Lewis

Infinity Group REALTORS, Inc. License #260303 Listed on: 03/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x114
  • Few Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,653 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Wall to Wall Carpet
  • Storm Windows
  • Breakfast Bar
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Park Acres Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058141 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$648

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 758C
  • MAAR Subdivision Name: PARK ACRES
  • List Price Per Sq Ft: 85
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1653
  • 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: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Breakfast Bar, Pantry, W/D Connection in Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building, Storage
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 133
  • Acreage: 0.15
  • Lot Size: 60X114
  • Price Per Acre: 933333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 058141 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Mar 28, 2024
Sold by
Rcg Investments Llc
Bought by
Drake Katrina
Seller's Agent
Scott Thurmer
Emmett Baird Realty, LLC
Buyer's Agent
Porter Tynes
4 Success Realty, LLC
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
92
Current Estimated Value
$168,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,068
Avg. Annual Appreciation
-2.62%
Original Mortgage
$171,830
Outstanding Balance
$169,586
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
-$654

Purchase Details

Listed on
Mar 18, 2023
Closed on
Apr 21, 2023
Sold by
Roberts Beverly Ann
Bought by
Rgc Investments Llc
Seller's Agent
Daryl Lewis
Infinity Group REALTORS, Inc.
Buyer's Agent
Daryl Lewis
Infinity Group REALTORS, Inc.
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.03%
Original Mortgage
$143,283
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Smith Floyd A
Bought by
Roberts Beverly Ann and Roberts Ali
Source: Public Records

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Range of Values:

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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
Warranty Deed $175,000 Preferred Title & Escrow
Warranty Deed $120,000 Preferred Title
Warranty Deed $69,900 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,430 FHA
Open $171,830 FHA
Previous Owner $143,283 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $175,000 -5.4% $109 / Sq Ft
01/21/2024 01/21/24 For Sale $185,000 +54.2% $116 / Sq Ft
04/24/2023 04/24/23 Sold $120,000 -14.3% $75 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $140,000 0.0% $88 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $140,000 0.0% $88 / Sq Ft
03/02/2022 03/02/22 Rented $1,300 0.0% --
01/29/2022 01/29/22 For Rent $1,300 +23.8% --
10/05/2020 10/05/20 Rented $1,050 0.0% --
09/03/2020 09/03/20 For Rent $1,050 -- --
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 $648 $40,600 $5,000 $35,600
2024 $648 $19,125 $2,800 $16,325
2023 $648 $19,125 $2,800 $16,325
2022 $1,165 $19,125 $2,800 $16,325
2021 $1,179 $19,125 $2,800 $16,325
2020 $1,241 $17,125 $2,575 $14,550
2019 $1,241 $17,125 $2,575 $14,550
2018 $1,241 $17,125 $2,575 $14,550
2017 $704 $17,125 $2,575 $14,550
2016 $828 $18,950 $0 $0
2014 $828 $18,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144029

Memphis Area Association of REALTORS®

APN: 05-8141-0-0027