NOT LISTED FOR SALE

Estimated Value: $120,000 - $159,000

4 Beds
1.5 Baths
1,400-1,599 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $38,000 $24 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $818/month

93 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Porch

About This Home

As of June 2016

Perfect starter home for the discerning family that needs space! Your family will love this spacious brick, living/dining combo, four bedrooms, 1 1/2 bath, large kitchen with lots of cabinets, single carport, and a large fenced yard for the kids to play. Neighborhood is near schools, parks, grocery stores, bus line, and shopping. Why rent when buying gives your family a lower monthly payment.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 03/14/2016

Last Buyer's Agent

Kenneth Tate

Tate Realty and Construction License #56020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1967

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,668 Sq Ft Home
  • 1.5-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Whitecap Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076069 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$746

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 767C
  • MAAR Subdivision Name: WHITECAP TERRACE
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 22.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1668
  • Year Built: 1967
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

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: 255
  • Acreage: 0.23
  • Lot Size: 0.23
  • Price Per Acre: 195217

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 076069 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2016
Sold by
Mid South Homebuyers Inc
Bought by
Mccormack Richard K
Current Estimated Value
$138,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Outstanding Balance
$52,472
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$92,775

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 27, 2016
Sold by
Fannie Mae
Bought by
Mid South Homebuyers Inc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$63,750
Sold Price
$38,000
Premium/Discount to List
-$25,750
-40.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Feb 4, 2016
Sold by
Garcia Amnuel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 2011
Sold by
Lcs Companies Llc
Bought by
Garcia Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2010
Sold by
Jones Linda J
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 4, 2010
Sold by
Jones Linda
Bought by
Krofron Investment Group Llc

Purchase Details

Closed on
Nov 11, 1994
Bought by
Jones Linda J
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
Mccormack Richard K $81,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $38,000 Saddle Creek Title
Federal National Mortgage Association $38,700 Attorney
Garcia Manuel $47,000 Saddle Creek Title Llc
Secretary Of Housing & Urban Development $54,086 None Available
Krofron Investment Group Llc -- None Available
Jones Linda J $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormack Richard K $64,800
Previous Owner Garcia Manuel $55,100
Previous Owner Garcia Manuel $47,000
Previous Owner Jones Linda J $57,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $38,000 -40.4% $27 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $63,750 -- $46 / 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 $746 $35,200 $3,875 $31,325
2024 $746 $22,000 $2,775 $19,225
2023 $1,340 $22,000 $2,775 $19,225
2022 $1,340 $22,000 $2,775 $19,225
2021 $1,356 $22,000 $2,775 $19,225
2020 $1,543 $21,300 $2,775 $18,525
2019 $1,543 $21,300 $2,775 $18,525
2018 $1,543 $21,300 $2,775 $18,525
2017 $875 $21,300 $2,775 $18,525
2016 $711 $16,275 $0 $0
2014 $711 $16,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9972875

Memphis Area Association of REALTORS®

APN: 07-6069-0-0025