NOT LISTED FOR SALE

Estimated Value: $116,776 - $135,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $109,344 $78 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $751/month

12 Days on Market

About This Home

As of March 2023

INVESTOR SPECIAL!!! The previous owner couldn't finish the rehab. Their loss, your gain! Perfect addition to any rental portfolio! Seller prefers no blind offers!! No assignments and no wholesaler offers.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 02/24/2023

Last Buyer's Agent

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $559

Year Built

  • Built in 1962

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 33x158

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,346 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Perkins South Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073071 00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$559

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 772E
  • MAAR Subdivision Name: PERKINS SOUTH BLK E
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Price Per Sq Ft: 81.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1346
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 355
  • Acreage: 0.4
  • Lot Size: 33X158
  • Price Per Acre: 212500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 073071 00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 21, 2023
Sold by
Vb One Llc
Bought by
Island Home Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
List Price
$85,000
Sold Price
$109,344
Premium/Discount to List
$24,344
28.64%
Total Days on Market
12
Views
50
Current Estimated Value
$125,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,100
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,450,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2014
Sold by
Guenther Hans J
Bought by
Prager Property Owner 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 4, 2002
Sold by
G & M Investments
Bought by
Guenther Hans

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
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2002
Sold by
National Bank Of Commerce
Bought by
G & M Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,320
Interest Rate
6.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2002
Sold by
Patterson Marquescia K
Bought by
C & R Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,320
Interest Rate
6.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 4, 1997
Sold by
Reid Tony Dale and Reid Jenny Ann
Bought by
Patterson Marquescia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.43%
Source: Public Records

Similar Homes in Memphis, TN

  • 2964 S Perkins Rd, Memphis, TN 38118

    $145,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 2964 S Perkins Rd
    • Memphis, TN

    Great investment opportunity. This 3 bedroom, 2 bathroom home is the prefect rental. Hardwood floors, large open kitchen, nicely sized rooms and a fenced in back yard is perfect for entertaining. New roof. Covered parking for 2 cars and set off the street for more privacy. Tenant occupied please do not disturb the tenant.

    Kristy Cannon Keller Williams

    Section Image
  • 3130 Harris Ave, Memphis, TN 38114

    $100,000

    • 2 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 3130 Harris Ave
    • Memphis, TN

    BACK ON THE MARKET!!! Buyers walked away due to financing. This beautifully renovated 2-bedroom, 2-bathroom house offers modern amenities with timeless charm. Every inch of this home has been thoughtfully updated, from the brand-new kitchen to the sleek bathrooms with stylish fixtures. This home offers the perfect combination of style, comfort, and convenience. Appliance package is negotiable.

    Christopher Lucas Regency Realty, LLC

    Section Image
  • 2940 N Harris Cir, Memphis, TN 38114

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 2940 N Harris Cir
    • Memphis, TN

    Discover cozy living in this charming 3bed/1bath house, perfect for comfortable living or a savvy investment. Boasting 1,231 square feet of inviting space, this home is nestled in a vibrant Memphis community. Enjoy proximity to The University of Memphis & Memphis International Airport, which are nearby, adding tremendous value in terms of daily conveniences & travel access. Ideal for investors,

    Jordan Ray eXp Realty, LLC

    Section Image
  • 2667 Barron Ave, Memphis, TN 38114

    $124,500

    • 4 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 2667 Barron Ave
    • Memphis, TN

    1% rule with room to grow! Possible showing prior to offer with plenty of notice. Tenant in place paying $1,295/month with a lease through July 2025. New roof and freshly painted exterior with wood repair. Interior photos were taken before the current tenants moved in. Please do not disturb tenants. No assignable contracts or creative financing.

    Walter Jones BEST Real Estate Company

    Section Image
  • 540 Berclair Rd, Memphis, TN 38122

    $150,000

    • 2 Beds
    • 1 Bath
    • 1,659 Sq Ft
    • 540 Berclair Rd
    • Memphis, TN

    (Multiple Offer Notification-all Offers in by 1pm Thursday June 5th, 2025. )Pretty Updated Berclair-area Memphis Duplex "Move-in ready" 2Bedrm/1Bath on each side (50% Occupancy-$1710 Potential Combined Rent) & GREAT Investment or you can have residence on 1-side! Upgrades over $21,000 (April/May 2025) on #540 Right side include: New:SS Convection/AirFry Steam-Clean Oven, Stainless Fridge, Int/Ext

    C. Lauren Jones Crye-Leike, Inc., REALTORS

    Section Image
  • 1801 S Parkway E, Memphis, TN 38114

    $116,875

    • 4 Beds
    • 2.5 Baths
    • 2,800+ Sq Ft
    • 1801 S Parkway E
    • Memphis, TN

    This fire-damaged home is ideally located just minutes from the Cooper-Young area; it's only 10 minutes from the University of Memphis campus and on the beautiful South Parkway street lined with old trees and charm. Over $40,000 in work has been done, replacing burnt framing with brand-new wood. Before the fire, there were two masters, with the second one located on the 2nd floor with its own

    Kristy Cannon Keller Williams

    Section Image
  • 1068 Oakview St, Memphis, TN 38114

    $119,000

    • 3 Beds
    • 1 Bath
    • 2,038 Sq Ft
    • 1068 Oakview St
    • Memphis, TN

    ~AS IS SALE - Priced to Sell~ *** Seller is FIRM on List Price and will make NO Repairs** Investors here is your Opportunity to grab a great Deal!! Property is 50% Occupied. 1068 Unit is 3 bedrooms/1bath and 1070 is 2 bedrooms/1bath.The 1068 side was previously rented for $750, 1070 rents for $795. Property recently had a New Sewer Line put in, Vacant side is Rent Ready and being Marketed to

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 3296 Powell Ave, Memphis, TN 38122

    $149,900

    • 6 Beds
    • 2 Baths
    • 1,800+ Sq Ft
    • 3296 Powell Ave
    • Memphis, TN

    Welcome to this cute little bungalow located in the Highland area. Close to Midtown and downtown. Renovated/updated with granite and vinyl plank floors. Perfect for an investor opportunity with current lease in place, monthly rent is projected at $1645. Massive outdoor space with ample parking. Could be easily gated for immense privacy. Although there are many updates, being sold as is

    Chasity Blackburn Blackburn & Co

    Section Image
  • 1562 Victor St, Memphis, TN 38106

    $130,000

    • 4 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 1562 Victor St
    • Memphis, TN

    Rehab partially completed. Property being sold as-is. Some updates have been started, but the project is unfinished. Good potential for investors or buyers looking to complete the work. Buyer to do their own due diligence. No repairs or warranties offered.

    Walter Jones BEST Real Estate Company

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Island Home Llc $109,344 Executive Title & Closing
Ct Amm B3 Llc -- Attorney
Prager Property Owner 2 Llc $529,367 None Available
Guenther Hans -- --
G & M Investments $45,000 --
C & R Investments Inc $50,000 --
Patterson Marquescia K $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ct Amm B3 Llc $6,450,000
Previous Owner Prager Property Owner 2 Llc $50,000,000
Previous Owner Guenther Hans $64,800
Previous Owner G & M Investments $60,320
Previous Owner Patterson Marquescia K $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $109,344 +28.6% $91 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $85,000 -- $71 / 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 $559 $29,850 $4,250 $25,600
2024 $559 $16,475 $3,350 $13,125
2023 $1,004 $16,475 $3,350 $13,125
2022 $1,004 $16,475 $3,350 $13,125
2021 $1,193 $16,475 $3,350 $13,125
2020 $1,036 $14,300 $3,350 $10,950
2019 $457 $14,300 $3,350 $10,950
2018 $457 $14,300 $3,350 $10,950
2017 $468 $14,300 $3,350 $10,950
2016 $538 $12,300 $0 $0
2014 $538 $12,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142631

Memphis Area Association of REALTORS®

APN: 07-3071-0-0057