NOT LISTED FOR SALE

Estimated Value: $172,000 - $197,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $124,650 $89 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,035/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of February 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1,075 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 12/09/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,348 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Stoneybrook Phase I Final Plan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093401 A00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: STONEYBROOK PH I
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1348
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 43
  • Acreage: 0.3
  • Lot Size: .303AC 41.13/145X110.38/147.84+ ~

Tax Info

  • Assessor Parcel Number: 093401 A00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 6, 2020
Sold by
Goodridge Edwin H
Bought by
A & W Property Management Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$124,650
Sold Price
$124,650
Current Estimated Value
$179,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,298
Avg. Annual Appreciation
6.63%
Original Mortgage
$93,487
Outstanding Balance
$82,995
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$96,953

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 1, 2020
Sold by
Memphis Investments Properties Ii Llc
Bought by
Goodridge Edwin H
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$124,650
Sold Price
$124,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,487
Outstanding Balance
$82,995
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$96,953

Purchase Details

Closed on
Oct 24, 2019
Sold by
Capital Wealth Investment Properties Gp
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2019
Sold by
Thomas Clifton
Bought by
Capital Wealth Investment Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Thomas Clifton
Bought by
Thomas Clifton and Thomas Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
10.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Khaser Bruce
Bought by
Thomas Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2000
Sold by
Savage Michael A and Savage Dixie
Bought by
Kinser Bruce
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
A & W Property Management Llc -- None Available
Goodridge Edwin H $124,650 Delta Title Services Llc
Memphis Investment Properties Ii Llc $67,000 None Available
Capital Wealth Investment Properties Gp $45,819 None Available
Thomas Clifton -- Prominent Title Agency Llc
Thomas Clifton $79,900 Accurate Title & Escrow Inc
Kinser Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodridge Edwin H $93,487
Previous Owner Memphis Investment Properties Ii Llc $97,000
Previous Owner Capital Wealth Investment Properties Gp $47,705
Previous Owner Thomas Clifton $89,250
Previous Owner Thomas Clifton $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $124,650 0.0% $104 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $124,650 -- $104 / 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 $1,097 $45,675 $4,875 $40,800
2024 $1,097 $32,350 $3,750 $28,600
2023 $1,971 $32,350 $3,750 $28,600
2022 $1,971 $32,350 $3,750 $28,600
2021 $1,994 $32,350 $3,750 $28,600
2020 $1,275 $17,600 $3,750 $13,850
2019 $562 $17,600 $3,750 $13,850
2018 $563 $17,600 $3,750 $13,850
2017 $576 $17,600 $3,750 $13,850
2016 $732 $16,750 $0 $0
2014 $732 $16,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067493

Memphis Area Association of REALTORS®

APN: 09-3401-A0-0041