NOT LISTED FOR SALE

Estimated Value: $234,000 - $288,000

3 Beds
2.5 Baths
2,400-2,599 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $169,000 $65 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,579/month

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Bonus Room
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Den

About This Home

As of June 2022

Property in need of repairs. Being sold as is. No repairs by seller

Last Agent to Sell the Property

Albert Porter

BenchMark REALTORS, LLC License #52980 Listed on: 01/28/2021

Last Buyer's Agent

Albert Porter

BenchMark REALTORS, LLC License #52980 Listed on: 01/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,698

Year Built

  • Built in 1996

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 102x120
  • Brick Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,464 Sq Ft Home
  • 1.5-Story Property
  • Factory Built Fireplace
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Wall to Wall Carpet
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Voluntary home owners association
  • Gerland Creek Pd Phase 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0241A M00062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,698

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787E
  • MAAR Subdivision Name: GERLAND CREEK PH3
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 68.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2464
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: Excl Some Window Treatmnt, Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Carpet
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio, Brick or Stone Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 114
  • Acreage: 0.3
  • Lot Size: 102X120
  • Price Per Acre: 663333

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0241A M00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Jun 28, 2022
Sold by
Brianna Williams
Bought by
Porter Albert D
Seller's Agent
Albert Porter
BenchMark REALTORS, LLC
Buyer's Agent
Albert Porter
BenchMark REALTORS, LLC
List Price
$199,000
Sold Price
$169,000
Premium/Discount to List
-$30,000
-15.08%
Current Estimated Value
$271,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,103
Avg. Annual Appreciation
15.40%
Original Mortgage
$140,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 4, 1997
Sold by
Security Builders Inc
Bought by
Williams Eugene and Williams Bobbie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,177
Interest Rate
7.39%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Porter Albert D $169,000 Executive Title & Closing
Williams Eugene $175,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Porter Albert D $140,000
Previous Owner Williams Eugene $181,177
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $169,000 -15.1% $70 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $199,000 -- $83 / 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 $1,698 $63,675 $10,425 $53,250
2024 $1,698 $50,100 $10,425 $39,675
2023 $1,698 $50,100 $10,425 $39,675
2022 $1,698 $50,100 $10,425 $39,675
2021 $1,728 $50,100 $10,425 $39,675
2020 $1,618 $39,950 $10,425 $29,525
2019 $1,618 $39,950 $10,425 $29,525
2018 $1,618 $39,950 $10,425 $29,525
2017 $1,642 $39,950 $10,425 $29,525
2016 $1,598 $36,575 $0 $0
2014 $1,598 $36,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092557

Memphis Area Association of REALTORS®

APN: D0-241A-M0-0062