NOT LISTED FOR SALE

Estimated Value: $266,000 - $381,000

6 Beds
4 Baths
2,800-2,999 Sq Ft
$104/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $150,000 $50 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,968/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Wood Flooring
  • Separate Formal Living Room
  • Eat-In Kitchen

About This Home

As of August 2017

Prime location *** Large Duplex *** spacious 3 bedrooms and 2 baths on each side. Property needs work, ideal fixer upper. Pictures represent only one unit. Investors: Rehabbed properties in Colonial Acres are selling at $80-$112/sq.ft. This is your opportunity...it won't last.

Last Agent to Sell the Property

Silvana Piadade

eXp Realty, LLC License #289316 Listed on: 06/28/2017

eXp Realty, LLC

Last Buyer's Agent

Brian Green

Myers Cobb Realtors, LLC License #320607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 3,012 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • Sharpes Colonial Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065024 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,711

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 53
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 49.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3012
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 4
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D

Utilities

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

Lot Info

  • Lot Description: Level, Wood Fenced, Iron Fenced
  • Lot Number: 51
  • Acreage: 0.21
  • Lot Size: 80x118 / 0.21
  • Price Per Acre: 757143

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 065024 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2017
Sold by
Investor Nation Residential Capital Lcc
Bought by
Mason Joseph A and Mason Mary G
Current Estimated Value
$311,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$163,314
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$148,482

Purchase Details

Closed on
Nov 3, 2017
Sold by
Investor Nation Residential Capital Lcc
Bought by
Mason Joseph A and Mason Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$163,314
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$148,482

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 7, 2017
Sold by
Elder Natalie M
Bought by
Investor Nation Llc
Seller's Agent
Silvana Piadade
eXp Realty, LLC
Buyer's Agent
Brian Green
Myers Cobb Realtors, LLC
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Listed on
Jun 28, 2017
Closed on
Jul 1, 2017
Sold by
Investor Nation Llc
Bought by
Investor Nation Residential Capital Llc
Seller's Agent
Silvana Piadade
eXp Realty, LLC
Buyer's Agent
Brian Green
Myers Cobb Realtors, LLC
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Elder Nancy
Bought by
Elder Natalie M
Source: Public Records

Range of Values:

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Average Value
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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
Mason Joseph A $260,000 Haven Title Llc
Mason Joseph A $260,000 Haven Title Llc
Investor Nation Llc $150,000 Home Surety Title & Escrow L
Investor Nation Residential Capital Llc -- None Available
Elder Natalie M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Joseph A $195,000
Closed Mason Joseph A $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $150,000 -5.7% $54 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $159,000 -- $57 / 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 $3,711 $148,600 $18,000 $130,600
2024 $3,711 $109,480 $14,480 $95,000
2023 $6,669 $109,480 $14,480 $95,000
2022 $6,669 $109,480 $14,480 $95,000
2021 $6,747 $109,480 $14,480 $95,000
2020 $5,008 $69,120 $14,480 $54,640
2019 $5,008 $69,120 $14,480 $54,640
2018 $5,008 $69,120 $14,480 $54,640
2017 $1,776 $43,200 $9,050 $34,150
2016 $1,923 $44,000 $0 $0
2014 $1,923 $44,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10005821

Memphis Area Association of REALTORS®

APN: 06-5024-0-0002