NOT LISTED FOR SALE

Estimated Value: $85,000 - $95,069

3 Beds
1 Bath
936 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $64,500 $69 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $514/month

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of March 2021

GREAT INVESTMENT OPPORTUNITY. TENANT OCCUPIED CASHFLOWING PROPERTY RENTED FOR $725/MONTH. LEASE ENDS 07/31/2021- TENANTS RIGHTS NO SHOWINGS. SELLER ACCEPTING SUBJECT TO INSPECTION OFFERS ONLY. FEEL FREE TO CALL. SEE ATTACHED STATE FORMS, LEASE, RENT ROLLS IN MLS DOCUMENT TAB THIS IS A REEDY & CO MANAGED PROPERTY WITH POSITIVE CASHFLOW. EXCELLENT FOR AN INVESTOR THAT WANTS AN ALREADY PERFORMING ASSET.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 01/28/2021

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 01/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $498

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 102x110

Home Design

  • Traditional Architecture

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Smith Turley Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076091 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$498

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 767C
  • MAAR Subdivision Name: SMITH & TURLEY
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Price Per Sq Ft: 68.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 936
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 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 Number: 513
  • Acreage: 0.23
  • Lot Size: 102X110
  • Price Per Acre: 282609

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 076091 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 1, 2021
Sold by
Hand Llc
Bought by
Rei Applestone Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$65,000
Sold Price
$64,500
Premium/Discount to List
-$500
-0.77%
Current Estimated Value
$89,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,767
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Mar 15, 2016
Closed on
Apr 1, 2016
Sold by
Reverse Mortgage Solutions Inc
Bought by
Iron Hand Llc
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Esther Guy
BenchMark REALTORS, LLC
List Price
$9,000
Sold Price
$16,500
Premium/Discount to List
$7,500
83.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.46%

Purchase Details

Closed on
Oct 16, 2015
Sold by
Longstreet Ora Lee
Bought by
Reverse Mortgage Solutions Inc
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
Rei Applestone Llc $64,500 None Available
Iron Hand Llc $16,500 None Available
Reverse Mortgage Solutions Inc $31,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2021 03/02/21 Sold $64,500 -0.8% $69 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $65,000 +293.9% $69 / Sq Ft
04/25/2016 04/25/16 Sold $16,500 +83.3% $165 / Sq Ft View Prior Sale
04/08/2016 04/08/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $9,000 -- $90 / 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 $498 $24,875 $3,875 $21,000
2024 -- $14,700 $2,700 $12,000
2023 $895 $14,700 $2,700 $12,000
2022 $895 $14,700 $2,700 $12,000
2021 $906 $14,700 $2,700 $12,000
2020 $860 $11,875 $2,700 $9,175
2019 $380 $11,875 $2,700 $9,175
2018 $380 $11,875 $2,700 $9,175
2017 $388 $11,875 $2,700 $9,175
2016 $504 $11,525 $0 $0
2014 $504 $11,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092572

Memphis Area Association of REALTORS®

APN: 07-6091-0-0002