NOT LISTED FOR SALE

Estimated Value: $129,000 - $189,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $35,150 $22 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $853/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of March 2013

Outstanding buy in this Macon Terrace home! This is HUD case #482-410054 and is sold in as-is condition. Home offers hardwood and tile floors, large garage, covered back patio and more! Act quickly because this one will go fast! Equal housing opportunity

Last Agent to Sell the Property

Elizabeth Glosson

Fast Track Realty, LLC License #282986 Listed on: 02/06/2013

Co-Listed By

Greg Glosson

Fast Track Realty, LLC License #262724

Last Buyer's Agent

Francisca Madden

First National Realty, REALTOR License #279786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $517

Year Built

  • Built in 1954

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,440 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Macon Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053107 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$517

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752D
  • MAAR Subdivision Name: MACON TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1440
  • 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: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 31
  • Acreage: 0.22
  • Lot Size: .22

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 053107 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
Mar 18, 2013
Sold by
The Secretary Of Hud
Bought by
Contreras Maria
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Francisca Madden
First National Realty, REALTOR
List Price
$31,000
Sold Price
$35,150
Premium/Discount to List
$4,150
13.39%
Total Days on Market
20
Current Estimated Value
$148,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,444
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Aug 17, 2009
Sold by
Shelby Countyo F
Bought by
Secratery Of Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,622
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2008
Sold by
Fearnley Michael
Bought by
Magsis Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2008
Sold by
Accredited Home Lenders Inc
Bought by
Fearnley Michael

Purchase Details

Closed on
Dec 17, 2007
Sold by
Scallorn Bryant
Bought by
Accredited Home Lenders Inc

Purchase Details

Closed on
Aug 17, 2004
Sold by
Crawford Billie A and Crawford Estelle G
Bought by
Scallorn Bryant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
5.97%
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
Contreras Maria $35,151 None Available
Secratery Of Hud $77,650 None Available
Magsis Stephanie $78,000 None Available
Fearnley Michael $40,000 None Available
Accredited Home Lenders Inc $73,014 None Available
Scallorn Bryant $79,900 West Tennessee Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magsig Stephanie $69,622
Previous Owner Magsis Stephanie $68,000
Previous Owner Fearnley Michael A $42,770
Previous Owner Scallorn Bryant $63,920
Previous Owner Scallorn Bryant $15,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $35,150 +13.4% $25 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $31,000 -- $22 / 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 $517 $32,425 $4,125 $28,300
2024 $517 $15,250 $2,375 $12,875
2023 $929 $15,250 $2,375 $12,875
2022 $929 $15,250 $2,375 $12,875
2021 $940 $15,250 $2,375 $12,875
2020 $851 $11,750 $2,375 $9,375
2019 $851 $11,750 $2,375 $9,375
2018 $851 $11,750 $2,375 $9,375
2017 $483 $11,750 $2,375 $9,375
2016 $548 $12,550 $0 $0
2014 $548 $12,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3264589

Memphis Area Association of REALTORS®

APN: 05-3107-0-0025