NOT LISTED FOR SALE

Estimated Value: $100,000 - $130,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $70,000 $58 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $635/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2020

Tenant occupied on a month-to-month basis, 3 bedrooms, 1 bath, large corner lot, fenced backyard, central heat/air, needs some TLC. Wells Terrace area.

Last Agent to Sell the Property

Silvana Piadade

eXp Realty, LLC License #289316 Listed on: 06/23/2020

eXp Realty, LLC

Last Buyer's Agent

Lauren Vinson

Fast Track Realty, LLC License #343119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66x124
  • Wood Fence

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,013 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Wells Terrace Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053106 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Weiner Rd
  • MLS Map #: 752D
  • MAAR Subdivision Name: WELLS TERRACE SEC D
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1013
  • 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: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 149
  • Acreage: 0.18
  • Lot Size: 66x124
  • Price Per Acre: 416667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 053106 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Balkunas Kenneth George
Bought by
Balkunas Heather Hunter
Current Estimated Value
$111,800

Purchase Details

Listed on
Jun 23, 2020
Closed on
Sep 30, 2020
Sold by
Ahmed Saadi
Bought by
Balkumas Ken and Balkumas Heather
Seller's Agent
Silvana Piadade
eXp Realty, LLC
Buyer's Agent
Lauren Vinson
Fast Track Realty, LLC
List Price
$72,000
Sold Price
$70,000
Premium/Discount to List
-$2,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$56,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2020
Sold by
Miles Bobby
Bought by
Ahmed Saadi

Purchase Details

Closed on
Apr 25, 2006
Sold by
Mills Christopher and Mills Alicia
Bought by
Miles Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.33%
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
Balkunas Heather Hunter -- None Listed On Document
Balkumas Ken $70,000 None Available
Ahmed Saadi $45,000 Regency Title & Escrow Llc
Miles Bobby $49,500 Fayette County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balkumas Ken $56,000
Previous Owner Miles Bobby $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $70,000 -6.7% $70 / Sq Ft
06/24/2020 06/24/20 Price Changed $75,000 +4.2% $75 / Sq Ft
06/23/2020 06/23/20 For Sale $72,000 -- $72 / 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 $536 $26,350 $4,125 $22,225
2024 $536 $15,800 $2,100 $13,700
2023 $962 $15,800 $2,100 $13,700
2022 $962 $15,800 $2,100 $13,700
2021 $545 $15,800 $2,100 $13,700
2020 $788 $10,875 $2,100 $8,775
2019 $348 $10,875 $2,100 $8,775
2018 $348 $10,875 $2,100 $8,775
2017 $356 $10,875 $2,100 $8,775
2016 $448 $10,250 $0 $0
2014 $448 $10,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079224

Memphis Area Association of REALTORS®

APN: 05-3106-0-0001