NOT LISTED FOR SALE

Estimated Value: $95,000 - $132,161

3 Beds
1 Bath
1,000-1,199 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $78,900 $66 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $694/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Partially Carpeted
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of February 2018

Beautiful all-brick 3/1 home newly-renovated with fresh paint, new vinyl plank flooring in kitchen, den, dining room, bathrooms, laundry room, and hallways, new carpet in bedrooms, and updated kitchen and bathrooms.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 12/02/2017

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 12/02/2017

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $677

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,064 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Cherry Leatherwood Re S/D L 1 3&17 19 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058157 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$677

Year Built

Built in 1952

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-LEATHERWOOD
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 74.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1064
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 30
  • Acreage: 0.25
  • Lot Size: 0.24 acres
  • Price Per Acre: 315600

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058157 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2017
Closed on
Feb 27, 2018
Sold by
Memphisn Turnkey Properties Gp
Bought by
Lin Rocky Chi Ray
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$78,900
Sold Price
$78,900
Current Estimated Value
$120,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,390
Avg. Annual Appreciation
7.03%
Original Mortgage
$63,120
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2017
Closed on
Nov 30, 2017
Sold by
Hart Jeffrey K and Hart Cathy F
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
Nedra Redditt
Ready Team REALTORS
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
937.77%
Original Mortgage
$62,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
Sold by
Morgan Kenneth H
Bought by
Hart Jeffrey K and Hart Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,673
Interest Rate
6.65%
Mortgage Type
FHA
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
Lin Rocky Chi Ray $78,900 Saddle Creek Title
Memphis Turnkey Properties Gp $45,000 None Available
Hart Jeffrey K $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Rocky $65,000
Closed Lin Rocky Chi Ray $63,120
Previous Owner Memphis Turnkey Properties Gp $62,000
Previous Owner Hart Jeffrey K $52,673
Closed Hart Jeffrey K $3,268
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $78,900 0.0% $79 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
12/02/2017 12/02/17 For Sale $78,900 +75.3% $79 / Sq Ft
11/30/2017 11/30/17 Sold $45,000 -10.0% $45 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/11/2017 11/11/17 For Sale $50,000 -- $50 / 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 $677 $28,425 $4,675 $23,750
2024 $677 $19,975 $4,675 $15,300
2023 $1,217 $19,975 $4,675 $15,300
2022 $1,217 $19,975 $4,675 $15,300
2021 $1,231 $19,975 $4,675 $15,300
2020 $1,288 $17,775 $2,750 $15,025
2019 $1,288 $17,775 $2,750 $15,025
2018 $848 $11,700 $2,750 $8,950
2017 $481 $11,700 $2,750 $8,950
2016 $594 $13,600 $0 $0
2014 $594 $13,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021446

Memphis Area Association of REALTORS®

APN: 05-8157-0-0012