NOT LISTED FOR SALE

Estimated Value: $130,000 - $152,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $80,900 $58 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $802/month

Highlights

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

About This Home

As of December 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/18/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,315 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Shel Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077052 00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$695

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 767C
  • MAAR Subdivision Name: SHEL LANE
  • List Price Per Sq Ft: 62
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1315
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 39
  • Acreage: 0.35
  • Price Per Acre: 231143

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 077052 00070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2014
Closed on
Dec 11, 2014
Sold by
Memphis Invest Gp
Bought by
Rec Holdings Group Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$80,900
Sold Price
$80,900
Current Estimated Value
$140,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,449
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Sep 16, 2014
Sold by
Agency Management Llc
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2012
Sold by
Solell Properties Llc and Clothier Brett
Bought by
Agency Managments Llc and Rosenthal David W

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 22, 2012
Sold by
Fannie Mae
Bought by
Soleil Properties Llc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Carol Tate
Tate Realty and Construction
List Price
$24,900
Sold Price
$29,000
Premium/Discount to List
$4,100
16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$51,800
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 23, 2012
Closed on
Jul 11, 2012
Sold by
Sizemore Michael T and Sizemore Trina S
Bought by
Federal National Mortgage Association
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Carol Tate
Tate Realty and Construction
List Price
$24,900
Sold Price
$29,000
Premium/Discount to List
$4,100
16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1999
Sold by
Earl Hardy and Earl Barbara
Bought by
Sizemore Michael T
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
Rec Holdings Group Llc $80,900 Fntg
Memphis Invest Gp $65,706 Saddle Creek Title Llc
Agency Managments Llc $69,900 None Available
Soleil Properties Llc $29,000 None Available
Federal National Mortgage Association $56,550 None Available
Sizemore Michael T $41,103 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Soleil Properties Llc $51,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $80,900 0.0% $67 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $80,900 +179.0% $67 / Sq Ft
08/22/2012 08/22/12 Sold $29,000 +16.5% $24 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $24,900 -- $21 / 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 $695 $31,700 $3,875 $27,825
2024 $695 $20,500 $2,775 $17,725
2023 $1,249 $20,500 $2,775 $17,725
2022 $1,249 $20,500 $2,775 $17,725
2021 $1,263 $20,500 $2,775 $17,725
2020 $1,400 $19,325 $2,775 $16,550
2019 $1,400 $19,325 $2,775 $16,550
2018 $1,400 $19,325 $2,775 $16,550
2017 $794 $19,325 $2,775 $16,550
2016 $665 $15,225 $0 $0
2014 $665 $15,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9936288

Memphis Area Association of REALTORS®

APN: 07-7052-0-0070