NOT LISTED FOR SALE

Estimated Value: $142,000 - $172,000

3 Beds
1 Bath
100-999 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $104,900 $105 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $935/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of June 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $995 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: 04/18/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 100-999 Sq Ft Home
  • 940 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Acres 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066024 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,090

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 #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 112
  • Number Of Stories: 1
  • Price Per Sq Ft: 111.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 940
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 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: 149
  • Acreage: 0.28
  • Lot Size: 12366
  • Price Per Acre: 374643

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066024 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 3, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Gleason David and Gleason Talia
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$155,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,110
Avg. Annual Appreciation
6.49%
Original Mortgage
$78,675
Outstanding Balance
$69,596
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$85,497

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 29, 2018
Sold by
Garrison Catherine L
Bought by
Memphis Investments Rental Properti
Seller's Agent
Jennie Sampson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.81%
Original Mortgage
$85,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
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
Gleason David $104,900 Delta Title Services Llc
Memphis Investments Rental Properti $60,000 Tri State Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason David $78,675
Previous Owner Memphis Investments Rental Properti $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $104,900 0.0% $1,049 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $104,900 +74.8% $1,049 / Sq Ft
11/29/2018 11/29/18 Sold $60,000 -7.7% $600 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $65,000 -- $650 / 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 $1,090 $37,500 $8,000 $29,500
2024 $1,090 $32,150 $4,425 $27,725
2023 $1,958 $32,150 $4,425 $27,725
2022 $1,958 $32,150 $4,425 $27,725
2021 $1,981 $32,150 $4,425 $27,725
2020 $1,023 $14,125 $4,425 $9,700
2019 $451 $14,125 $4,425 $9,700
2018 $451 $14,125 $4,425 $9,700
2017 $462 $14,125 $4,425 $9,700
2016 $771 $17,650 $0 $0
2014 $771 $17,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10050680

Memphis Area Association of REALTORS®

APN: 06-6024-0-0032