$140,000
SOLD JUN 25, 2026
3 Beds
2 Baths
1,200-1,399 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: June 25, 2026

$100 Per Sq Ft

10% Below List Price

347 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Dining Room
  • Wood Flooring
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of June 2026

This property is leased at $1,450 per month ($17,400 annually) through 02/23/2027, with a cash-on-cash return of 3.54% and a monthly cash flow of $140.79. "All investment figures are estimates and verified independently by buyer." Built in 2022, this low-maintenance investment property offers the features investors value most: newer construction, durable finishes, and reduced capital expenditure for years to come. The thoughtfully designed floor plan includes spacious bedrooms, a modern eat-in kitchen, luxury vinyl plank flooring, double-pane windows, updated lighting and hardware, and an open-concept living area. The home shows well with clean, contemporary finishes throughout and sits on a level lot with ample outdoor space. A turnkey addition to any portfolio with strong long-term rental appeal and minimal turn costs. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 05/29/2025

Foundation Property Management

Last Buyer's Agent

Nina Townes

The Home Partners Realty License #281858

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 68x125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,238 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • New Allan Village Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090024 00020

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NEW ALLEN VILLAGE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1238
  • Year Built: 2022
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 251
  • Acreage: 0.19
  • Lot Size: 68X125
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 090024 00020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jun 26, 2026
Sold by
Bought by
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Nina Townes
The Home Partners Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.22%
Original Mortgage
$117,600
Outstanding Balance
$117,600
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$42,219

Purchase Details

Closed on
Feb 21, 2024
Sold by
Bought by

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jul 18, 2022
Sold by
Bought by
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$148,000
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$111,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2008
Sold by
Bought by

Purchase Details

Closed on
May 29, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,900
Interest Rate
8.35%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Raleigh, TN

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $140,000 Mid South Title Services
Quit Claim Deed -- None Listed On Document
Warranty Deed $148,000 Byrne & Associates Pllc
Quit Claim Deed $3,450 Koebl Thomas
Special Warranty Deed $15,750 Resource Title Agency Of Tn
Trustee Deed $40,000 None Available
Warranty Deed $68,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $117,600 New Conventional
Previous Owner $111,000 New Conventional
Previous Owner $68,900 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2026 06/25/26 Sold $140,000 0.0% $117 / Sq Ft
05/11/2026 05/11/26 Pending -- -- --
04/17/2026 04/17/26 Price Changed $140,000 -9.7% $117 / Sq Ft
04/02/2026 04/02/26 For Sale $155,000 +10.7% $129 / Sq Ft
11/04/2025 11/04/25 Off Market $140,000 -- --
05/29/2025 05/29/25 Price Changed $165,000 +3.1% $138 / Sq Ft
05/29/2025 05/29/25 For Sale $160,000 +8.1% $133 / Sq Ft
07/29/2022 07/29/22 Sold $148,000 0.0% $123 / Sq Ft View Prior Sale
04/14/2022 04/14/22 For Sale $148,000 -- $123 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,317 $48,975 $3,500 $45,475
2024 $892 $26,325 $2,925 $23,400
2023 $1,604 $26,325 $2,925 $23,400
2022 $460 $2,925 $2,925 $0
2021 $41 $0 $0 $0
2020 $212 $2,925 $2,925 $0
2019 $212 $2,925 $2,925 $0
2018 $212 $2,925 $2,925 $0
2017 $120 $2,925 $2,925 $0
2016 $128 $2,925 $0 $0
2014 $128 $2,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10197662

Memphis Area Association of REALTORS®

APN: 09-0024-0-0020

Your Personal Tour Guide

Ask me questions while you tour the home.