NOT LISTED FOR SALE

Estimated Value: $110,000 - $156,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $109,900 $79 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $715/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of May 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $875 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 10/01/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,290 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Smith Turley Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076091 00006

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SMITH & TURLEY
  • List Price Per Sq Ft: 90
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1290
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 517
  • Acreage: 0.15
  • Lot Size: 60X110

Tax Info

  • Assessor Parcel Number: 076091 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
May 18, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Hines Russell Paul
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$115,900
Sold Price
$109,900
Premium/Discount to List
-$6,000
-5.18%
Current Estimated Value
$125,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,245
Avg. Annual Appreciation
3.58%

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 22, 2021
Sold by
P Fin I Llc
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Frances Anderson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$65,000
Sold Price
$56,500
Premium/Discount to List
-$8,500
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.32%
Original Mortgage
$88,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2014
Sold by
Guenther Hans J and Miller Ewell D
Bought by
Prager Property Owner 2 Llc

Purchase Details

Closed on
Feb 28, 2005
Sold by
Wachovia Bank Na
Bought by
Guenther Hans J and Miller Ewell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Pipkin Willie
Bought by
Wachovia Bank Na and Lehman Arc 2000-Bc3
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hines Russell Paul $109,900 Delta Title Services
Memphis Investment Properties Iii Llc $56,500 Delta Title Services Llc
Prager Property Owner 2 Llc $357,400 None Available
Guenther Hans J $36,000 --
Wachovia Bank Na $49,701 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $88,000
Previous Owner Guenther Hans J $49,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $109,900 -5.2% $92 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $115,900 +105.1% $97 / Sq Ft
09/22/2021 09/22/21 Sold $56,500 -13.1% $47 / Sq Ft View Prior Sale
08/20/2021 08/20/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $65,000 -- $54 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $766 $35,525 $3,875 $31,650
2024 $766 $22,600 $2,700 $19,900
2023 $1,377 $22,600 $2,700 $19,900
2022 $990 $16,250 $2,700 $13,550
2021 $1,177 $16,250 $2,700 $13,550
2020 $947 $13,075 $2,700 $10,375
2019 $418 $13,075 $2,700 $10,375
2018 $418 $13,075 $2,700 $10,375
2017 $428 $13,075 $2,700 $10,375
2016 $554 $12,675 $0 $0
2014 $554 $12,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110000

Memphis Area Association of REALTORS®

APN: 07-6091-0-0006