NOT LISTED FOR SALE

Estimated Value: $89,000 - $112,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $66,000 $47 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $583/month

121 Days on Market

About This Home

As of March 2021

Attention Investors! Here is an occupied and cash flowing home in 38109. The current tenant is paying $895/Month. This property can be sold separately or as a part of a package of 6 other properties. Do not disturb the tenants, no inspections until under contract. Make your offer contingent upon inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/03/2020

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,253 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Kenrick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076068 00037

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KENRICK
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1253
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Lot Info

  • Lot Number: 182
  • Acreage: 0.22
  • Lot Size: 70X140

Tax Info

  • Assessor Parcel Number: 076068 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Mar 11, 2021
Sold by
Hagen Mary and 4474 Tulane Road Trusts
Bought by
Bolin Ben
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$74,900
Sold Price
$66,000
Premium/Discount to List
-$8,900
-11.88%
Current Estimated Value
$102,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,712
Avg. Annual Appreciation
9.51%
Original Mortgage
$52,800
Outstanding Balance
$47,331
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$55,381

Purchase Details

Closed on
Feb 15, 2018
Sold by
Ra Captial Llc
Bought by
Doolittle Jim and 4474 Tulane Road Trust

Purchase Details

Closed on
Feb 24, 2014
Sold by
White Harold
Bought by
Snipes Willie

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 12, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
White Harold
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
ANTHONY WILLOUGHBY
Germantown Luxury Homes, LLC
List Price
$19,900
Sold Price
$20,000
Premium/Discount to List
$100
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Thomas Gaddy
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 13, 2005
Sold by
Lasalle Bank Na
Bought by
Thomas Gaddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2005
Sold by
Frazier Mary L
Bought by
Lasalle Bank Na and Lasalle National Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bolin Ben $66,000 Local Title Llc
Doolittle Jim $66,309 Boston National Title Agency
Ra Capital Llc $44,000 Boston National Title Agency
Snipes Willie -- None Available
White Harold $20,000 None Available
Federal Home Loan Mortgage Corporation $45,000 None Available
Thomas Gaddy $48,900 --
Lasalle Bank Na $47,770 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolin Ben $52,800
Previous Owner Thomas Gaddy $48,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $66,000 -11.9% $55 / Sq Ft
11/03/2020 11/03/20 For Sale $74,900 +274.5% $62 / Sq Ft
08/16/2013 08/16/13 Sold $20,000 +0.5% $17 / Sq Ft View Prior Sale
08/05/2013 08/05/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $19,900 -- $17 / 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 $614 $27,725 $3,875 $23,850
2024 $614 $18,125 $2,775 $15,350
2023 $1,104 $18,125 $2,775 $15,350
2022 $1,104 $18,125 $2,775 $15,350
2021 $1,117 $18,125 $2,775 $15,350
2020 $1,112 $15,350 $2,775 $12,575
2019 $491 $15,350 $2,775 $12,575
2018 $491 $15,350 $2,775 $12,575
2017 $502 $15,350 $2,775 $12,575
2016 $645 $14,750 $0 $0
2014 $645 $14,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088151

Memphis Area Association of REALTORS®

APN: 07-6068-0-0037