NOT LISTED FOR SALE

Estimated Value: $103,000 - $172,000

3 Beds
1 Bath
1,600-1,799 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $88,000 $49 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $770/month

165 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2024

Investors take note - this house is in a great spot for long-term holding! Buy now and let other investors help raise rents and values in the area for you, with flips and rehabs going on all around. Close to the interstate, jobs, and everything a tenant wants in the long run. The owner has done a lot of work to the house in the last couple of years, including a new roof and interior updates. MtM Sec. 8 tenant in since 2014 paying $1,200 and current. No assignable/"creative" offers please.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 09/04/2023

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 09/04/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,612 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Whitecap Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076079 00017

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WHITECAP VILLAGE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1612
  • Year Built: 1960
  • 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
  • Full Bathrooms: 1

Exterior Features

  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 34
  • Acreage: 0.24
  • Lot Size: 70X150

Tax Info

  • Assessor Parcel Number: 076079 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Feb 20, 2024
Sold by
2 Plus 2 Equals 1 Llc
Bought by
Rails Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$124,900
Sold Price
$88,000
Premium/Discount to List
-$36,900
-29.54%
Views
55
Current Estimated Value
$135,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,898
Avg. Annual Appreciation
26.01%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Jones Jared
Bought by
2 Plus 2 Equals 1 Llc

Purchase Details

Closed on
Nov 25, 2008
Sold by
The Bank Of New York Trust Company Na
Bought by
Jones Jared

Purchase Details

Closed on
Aug 21, 2008
Sold by
Jenkins Thomas
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na
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
Rails Llc $88,000 Local Title
2 Plus 2 Equals 1 Llc $27,500 Multiple
Jones Jared $18,500 Multiple
The Bank Of New York Trust Co Na $42,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $88,000 -29.5% $55 / Sq Ft
09/04/2023 09/04/23 For Sale $124,900 -- $78 / 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 $708 $31,325 $3,875 $27,450
2024 $708 $20,875 $2,775 $18,100
2023 $1,272 $20,875 $2,775 $18,100
2022 $1,272 $20,875 $2,775 $18,100
2021 $1,511 $20,875 $2,775 $18,100
2020 $1,188 $16,400 $2,775 $13,625
2019 $524 $16,400 $2,775 $13,625
2018 $524 $16,400 $2,775 $13,625
2017 $537 $16,400 $2,775 $13,625
2016 $689 $15,775 $0 $0
2014 $689 $15,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155899

Memphis Area Association of REALTORS®

APN: 07-6079-0-0017