NOT LISTED FOR SALE

Estimated Value: $81,000 - $114,000

3 Beds
1 Bath
1,098 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $58,000 $53 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $545/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • Home Office
  • Living Room

About This Home

As of November 2020

PLEASE DO NOT DISTURB THE TENANTS, THANK YOU. THREE BEDROOM ONE BATH EAT IN KITCHEN, ONE SMALL OFFICE , LARGE YARD. GOOD LOCATION. CURRENT RENT IS $725.00 SECURITY DEPOSIT IS $500.00. PROPERTY SOLD AS IS. SHOWING WITH ACCEPTED OFFER ONLY. DUE TO AMOUNT OF CALLS RECEIVED OWNER WILL TAKE OFFERS UNTIL MONDAY10/26/20, 12 NOON.

Last Agent to Sell the Property

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749 Listed on: 10/23/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1951

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 113x88
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Aluminum Window Frames
  • Living Room
  • Home Office
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058151 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758E
  • MAAR Subdivision Name: CHERRY GARDENS
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1098
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking
  • Living Dining Kitchen: Eat-In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Smooth Ceiling
  • Master Bedroom: Level 1, Smooth Ceiling, Hardwood Floor
  • Master Bedroom Dimensions: OXO
  • Other Rooms: Office/Sewing Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Aluminum Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Chain Fenced
  • Lot Number: 115
  • Acreage: 0.22
  • Lot Size: 113X88
  • Price Per Acre: 260655

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058151 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 16, 2020
Sold by
Cafank Enterprises Llc
Bought by
Chickasaw Ventures Llc
Seller's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$57,344
Sold Price
$58,000
Premium/Discount to List
$656
1.14%
Current Estimated Value
$95,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,347
Avg. Annual Appreciation
10.61%
Original Mortgage
$58,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2012
Sold by
Frankhauser Cheyrl A
Bought by
Cafank Enterprises Llc

Purchase Details

Closed on
Jun 30, 2011
Sold by
Hunter Charlie
Bought by
Fankhauser Cheryl A

Purchase Details

Closed on
Mar 11, 2011
Sold by
Butler Earnestine
Bought by
Hunter Charlie

Purchase Details

Closed on
Aug 12, 2010
Sold by
Butler Earnestine
Bought by
Paradigm Quest Investors

Purchase Details

Closed on
Oct 4, 2004
Sold by
Mitchell Danny W and Mitchell Sherry L
Bought by
Butler Earnestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chickasaw Ventures Llc $58,000 Close Track
Cafank Enterprises Llc -- Tri State Title & Escrow Inc
Fankhauser Cheryl A $33,500 None Available
Hunter Charlie $21,800 None Available
Paradigm Quest Investors -- None Available
Butler Earnestine $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chickasaw Ventures Llc $58,000
Previous Owner Butler Earnestine $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $58,000 +1.1% $53 / Sq Ft
10/23/2020 10/23/20 For Sale $57,344 0.0% $52 / Sq Ft
03/28/2019 03/28/19 Rented $725 0.0% --
03/13/2019 03/13/19 For Rent $725 0.0% --
02/18/2019 02/18/19 Under Contract -- -- --
02/13/2019 02/13/19 For Rent $725 -- --
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 $486 $25,325 $5,000 $20,325
2024 $486 $14,325 $3,025 $11,300
2023 $873 $14,325 $3,025 $11,300
2022 $873 $14,325 $3,025 $11,300
2021 $883 $14,325 $3,025 $11,300
2020 $944 $13,025 $2,775 $10,250
2019 $416 $13,025 $2,775 $10,250
2018 $416 $13,025 $2,775 $10,250
2017 $426 $13,025 $2,775 $10,250
2016 $366 $8,375 $0 $0
2014 $366 $8,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10087428

Memphis Area Association of REALTORS®

APN: 05-8151-0-0012