NOT LISTED FOR SALE

Estimated Value: $145,000 - $175,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$91/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $105,500 $59 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $927/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of February 2021

GREAT INVESTMENT OPPORTUNITY. TENANT OCCUPIED CASHFLOWING PROPERTY RENTED FOR $995/MONTH. LEASE ENDS 07/2022 - TENANTS RIGHTS NO SHOWINGS. SELLER ACCEPTING SUBJECT TO INSPECTION OFFERS ONLY. ONCE OFFER IS ACCEPTED WE WILL GET BUYER IN FOR INSPECTION AND APPRAISAL.. FEEL FREE TO CALL. SEE ATTACHED STATE FORMS 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: 12/18/2020

Last Buyer's Agent

William Haynes

Crye-Leike, Inc., REALTORS License #355990

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 95x139
  • Chain Link Fence

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,695 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkway Village Blk B 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074008 00020

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK B-2
  • List Price Per Sq Ft: 65
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1695
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 390
  • Acreage: 0.26
  • Lot Size: 95X139

Tax Info

  • Assessor Parcel Number: 074008 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Soo Kim Eun
Bought by
Smith Eric
Current Estimated Value
$164,078

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 29, 2021
Sold by
F & M Holdings Tn Llc
Bought by
Kim Eun Soo
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
William Haynes
Crye-Leike, Inc., REALTORS
List Price
$110,000
Sold Price
$105,500
Premium/Discount to List
-$4,500
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$79,125
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2018
Closed on
Feb 15, 2019
Sold by
Nooriala Cyrus S
Bought by
F & M Holdings Tn Llc
Seller's Agent
Chris Throneburg
Progress Residential Property
Buyer's Agent
Chris Throneburg
Progress Residential Property
Sold Price
$965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$76,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jan 24, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Nooriala Cyrus
Seller's Agent
Chris Throneburg
Progress Residential Property
Buyer's Agent
Chris Throneburg
Progress Residential Property
Sold Price
$965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2018
Sold by
Debr Beadle Ira Llc
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Debra Beadle Ira Llc

Purchase Details

Closed on
May 31, 2011
Sold by
First Tennessee Bank National Associatio
Bought by
Memphis Investment Rental Properties 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
Interest Rate
4.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 3, 2011
Sold by
Peel John and Peel Mittie
Bought by
First Tennessee Bank National Associatio
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
Smith Eric $118,000 Saddle Creek Title
Kim Eun Soo $105,500 None Listed On Document
F & M Holdings Tn Llc -- None Available
Nooriala Cyrus $95,000 Delta Title Services Llc
Memphis Investment Rental Properties Llc $470,000 Delta Title Services Llc
Debra Beadle Ira Llc $57,900 Tam Title & Escrow Llc
Memphis Investment Rental Properties Llc $31,610 Close Trak Title
First Tennessee Bank National Associatio $21,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Eun Soo $79,125
Previous Owner Nooriala Cyrus $76,000
Previous Owner Memphis Investment Rental Properties Llc $60,000
Previous Owner Memphis Investment Rental Properties Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2021 02/25/21 Sold $105,500 -4.1% $66 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $110,000 0.0% $69 / Sq Ft
02/13/2019 02/13/19 Rented $965 0.0% --
01/25/2019 01/25/19 Sold $95,000 0.0% $59 / Sq Ft View Prior Sale
12/12/2018 12/12/18 For Rent $965 0.0% --
11/28/2018 11/28/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $95,000 -- $59 / 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 -- $46,800 $4,000 $42,800
2024 $825 $24,325 $3,000 $21,325
2023 $1,482 $24,325 $3,000 $21,325
2022 $1,482 $24,325 $3,000 $21,325
2021 $1,499 $24,325 $3,000 $21,325
2020 $1,319 $18,200 $3,000 $15,200
2019 $582 $18,200 $3,000 $15,200
2018 $582 $18,200 $3,000 $15,200
2017 $595 $18,200 $3,000 $15,200
2016 $710 $16,250 $0 $0
2014 $710 $16,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090591

Memphis Area Association of REALTORS®

APN: 07-4008-0-0020