NOT LISTED FOR SALE

Estimated Value: $94,000 - $121,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $83,000 $52 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $602/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2021

THIS IS A PACKAGE DEAL OF 3 ~ OTHER TWO ADRESSES ARE 2282 ARLENE & 3838 FAXON~ SELLER WILL LIKE TO SALE TOGETHER ~ ALL ARE RENTED AND PRODUCING INCOME ~ HOME IS LEASED FOR $ 740 ~ LEASE ENDING 03/31/2022 ~ VINYL HARD WOOD FLOORING IN BEDROOMS & LIVING ROOM ~ CEILING FAN IN LIVING GROOM ~ SPACIOUS KITCHEN ~ GREAT LIVING ROOM ~ BIG BACKYARD

Last Agent to Sell the Property

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 09/08/2021

Keller Williams

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1953

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x138
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,458 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Wells Terrace A,B,C&E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053064 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$415

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
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 56.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1458
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 40
  • Acreage: 0.19
  • Lot Size: 60X138
  • Price Per Acre: 420526

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 053064 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 6, 2021
Sold by
A Way Forward Llc
Bought by
Rivera Santos R
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$79,900
Sold Price
$83,000
Premium/Discount to List
$3,100
3.88%
Current Estimated Value
$104,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,105
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Dec 5, 2011
Sold by
Ira Services Trust Company
Bought by
A Way Forward Llc

Purchase Details

Closed on
Oct 13, 2011
Sold by
Equity Title Company Custodian
Bought by
Ira Services Trust Company and Deborah A Guyton Ira 257692

Purchase Details

Closed on
Feb 18, 2010
Sold by
Memphis Invest Gp
Bought by
Equity Trust Company and Deborah Guyton Ira

Purchase Details

Closed on
Jul 31, 2009
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 11, 2009
Sold by
Hageman Tresa E
Bought by
Tennesse Housing Development Agency
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
Rivera Santos R $85,000 None Available
A Way Forward Llc -- None Available
Ira Services Trust Company -- None Available
Equity Trust Company $34,900 None Available
Secretary Of Housing & Urban Development $43,166 None Available
Tennesse Housing Development Agency $43,166 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $83,000 +3.9% $59 / Sq Ft
09/08/2021 09/08/21 For Sale $79,900 -- $57 / 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 $415 $28,625 $4,275 $24,350
2024 $415 $12,250 $1,600 $10,650
2023 $746 $12,250 $1,600 $10,650
2022 $746 $12,250 $1,600 $10,650
2021 $332 $12,250 $1,600 $10,650
2020 $768 $10,600 $1,600 $9,000
2019 $339 $10,600 $1,600 $9,000
2018 $339 $10,600 $1,600 $9,000
2017 $347 $10,600 $1,600 $9,000
2016 $546 $12,500 $0 $0
2014 $546 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108238

Memphis Area Association of REALTORS®

APN: 05-3064-0-0008