NOT LISTED FOR SALE

Estimated Value: $76,000 - $137,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $81,000 $58 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $668/month

92 Days on Market

About This Home

As of December 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 09/20/2023

Last Buyer's Agent

Dexter Jones

TRG Real Estate Services, LLC License #360062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 48x120

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,242 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Whitehaven Shelby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073111 A00128

Home Details

Home Type

Single Family

Est. Annual Taxes

$644

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 773D
  • MAAR Subdivision Name: WHITEHAVEN-SHELBY
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1242
  • Year Built: 1978
  • List Price/ Sq Ft: 68
  • 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
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 239
  • Acreage: 0.2
  • Lot Size: 48X120
  • Price Per Acre: 424500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073111 A00128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Dec 19, 2023
Sold by
Vb One Llc
Bought by
Faithful Key Solutions Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dexter Jones
TRG Real Estate Services, LLC
List Price
$105,000
Sold Price
$81,000
Premium/Discount to List
-$24,000
-22.86%
Views
147
Current Estimated Value
$112,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,818
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,609,903
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2014
Sold by
Miller Ewell and Guenther Hans
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
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2000
Sold by
G & M Investments
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
$50,400
Interest Rate
7.82%

Purchase Details

Closed on
Aug 10, 1999
Sold by
Mclaughlin Walter E
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
$52,400
Interest Rate
7.91%
Mortgage Type
Unknown
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
Faithful Key Solutions Llc $81,000 Sure Title
Ct Amm B1 Llc -- Attorney
Prager Property Owner 2 Llc $1,675,892 None Available
Guenther Hans J -- --
G & M Investments $44,801 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ct Amm B 1 Llc $5,609,903
Previous Owner Prager Property Owners 2 Llc $50,000,000
Previous Owner Guenther Hans J $50,400
Previous Owner G & M Investments Llc $52,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $81,000 -4.6% $68 / Sq Ft
11/15/2023 11/15/23 Price Changed $84,900 -4.5% $71 / Sq Ft
11/06/2023 11/06/23 Price Changed $88,900 -5.4% $74 / Sq Ft
10/26/2023 10/26/23 Price Changed $94,000 -5.1% $78 / Sq Ft
10/17/2023 10/17/23 Price Changed $99,000 -5.7% $83 / Sq Ft
09/20/2023 09/20/23 For Sale $105,000 -- $88 / 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 $644 $30,200 $3,125 $27,075
2024 $644 $19,000 $2,500 $16,500
2023 $1,157 $19,000 $2,500 $16,500
2022 $1,157 $19,000 $2,500 $16,500
2021 $1,376 $19,000 $2,500 $16,500
2020 $1,016 $14,025 $2,500 $11,525
2019 $448 $14,025 $2,500 $11,525
2018 $448 $14,025 $2,500 $11,525
2017 $459 $14,025 $2,500 $11,525
2016 $598 $13,675 $0 $0
2014 $598 $13,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157102

Memphis Area Association of REALTORS®

APN: 07-3111-A0-0128