NOT LISTED FOR SALE

Estimated Value: $182,000 - $231,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $169,500 $94 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,223/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of January 2022

3 bedroom and 2 bath investment home in Raleigh for sale!

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 10/04/2021

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 10/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 76x140
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,760 Sq Ft Home
  • 1.2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Springbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086015 D00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: SPRINGBROOK
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 96.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1760
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 88
  • Acreage: 0.28
  • Lot Size: 76X140
  • Price Per Acre: 605357

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 086015 D00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Jan 6, 2022
Sold by
Behunin Steven R
Bought by
Sharma Varun
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$169,500
Sold Price
$169,500
Current Estimated Value
$209,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,849
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Mar 2, 2017
Sold by
Memphis Turnkey Properties Gp
Bought by
Behunin Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,520
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2016
Closed on
Dec 12, 2016
Sold by
Us Bank Na
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$112,000
Sold Price
$72,000
Premium/Discount to List
-$40,000
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$86,500
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Equity Title
Bought by
Peete Carlton and Peete Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2004
Sold by
Federal National Mortgage Association
Bought by
Peete Carlton and Peete Phyllis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Spivey - and Rbmg Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2001
Sold by
Foshee Frank E and Foshee Nancy M
Bought by
Johnson Catina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,710
Interest Rate
6.9%
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
Sharma Varun $169,500 Saddle Creek Title Llc
Behunin Steven R $116,900 Saddle Creek Title Llc
Memphis Turnkey Properties Gp $72,000 Saddle Creek Title
Peete Carlton $53,950 None Available
Peete Carlton $119,000 West Tn Title Ins Agency
Federal National Mortgage Association $96,750 --
Johnson Catina $121,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Behunin Steven R $93,520
Previous Owner Memphis Turnkey Properties Gp $86,500
Previous Owner Peete Carlton $101,600
Previous Owner Peete Carlton $25,400
Previous Owner Peete Carlton $119,000
Previous Owner Hoover Michael S $26,041
Previous Owner Johnson Catina $115,710
Previous Owner Johnson Catina $115,710
Previous Owner Foshee Frank E $32,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $169,500 0.0% $106 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $169,500 +135.4% $106 / Sq Ft
12/16/2016 12/16/16 Sold $72,000 -35.7% $45 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $112,000 -- $70 / 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 $1,295 $54,475 $3,250 $51,225
2024 -- $38,200 $2,900 $35,300
2023 $2,327 $38,200 $2,900 $35,300
2022 $2,327 $38,200 $2,900 $35,300
2021 $2,354 $38,200 $2,900 $35,300
2020 $2,063 $28,475 $2,900 $25,575
2019 $910 $28,475 $2,900 $25,575
2018 $910 $28,475 $2,900 $25,575
2017 $932 $28,475 $2,900 $25,575
2016 $1,248 $28,550 $0 $0
2014 $1,248 $28,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10113882

Memphis Area Association of REALTORS®

APN: 08-6015-D0-0038