NOT LISTED FOR SALE

Estimated Value: $280,526 - $373,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $237,000 $132 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,860/month

Highlights

  • Detached Guest House
  • 0.52 Acre Lot
  • Traditional Architecture
  • Richland Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of February 2018

A delightful cottage, located four blocks north of Walnut Grove off Mendenhall. in a most convenient area of East Memphis, in the sought after school districts of Richland Elementary, White Station Middle and White Station High School. The home has three bedrooms, two full baths, living room, dining room and kitchen/keeping room plus separate laundry room. There's also a cute back house with kitchen/keeping room, bedroom and full bath; a nice deck, and a huge fenced backyard.

Last Agent to Sell the Property

Eleanore Maynard

Hobson, REALTORS License #338129 Listed on: 01/17/2018

Co-Listed By

Betsy Kelly

Hobson, REALTORS License #223627

Last Buyer's Agent

Mary Frances Pitts

Ware Jones, REALTORS License #16607

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1953

Lot Details

  • 0.52 Acre Lot
  • Wood Fence
  • Landscaped
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,624 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Monitored
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • In-Law or Guest Suite

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Detached Guest House

Community Details

  • Marshall Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064012 00056

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,123

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Mendenhall
  • MLS Map #: 756A
  • MAAR Subdivision Name: MARSHALL ACRES
  • List Price Per Sq Ft: 141
  • Number Of Stories: 1
  • Price Per Sq Ft: 145.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1624
  • Year Built: 1953
  • 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
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Sun Room, In-Law Quarters, Separate Guest House
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)
  • Foundation: Slab, Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s), Ceiling Fan(s)
  • Heating: Central, Gas, Wall Unit
  • Security: Monitored Alarm System
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.52
  • Price Per Acre: 441346

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 064012 00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Feb 26, 2018
Sold by
Rainner James Connell and Rainer Faye Kenner
Bought by
Fisher John T
Seller's Agent
Eleanore Maynard
Hobson, REALTORS
Buyer's Agent
Mary Frances Pitts
Ware Jones, REALTORS
List Price
$229,500
Sold Price
$237,000
Premium/Discount to List
$7,500
3.27%
Current Estimated Value
$317,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,382
Avg. Annual Appreciation
3.90%
Original Mortgage
$225,150
Outstanding Balance
$191,873
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$125,509

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 30, 2013
Sold by
Smith Eugene Allen
Bought by
Rainer V James Connell and Rainer Faye Kennert
Seller's Agent
Ward Walthal
Marx-Bensdorf, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$171,830
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1997
Sold by
Walthal Edward W and Walthal Jennifer
Bought by
Smith Landon J
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
Fisher John T $237,000 None Available
Rainer V James Connell $175,000 None Available
Smith Landon J $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher John T $225,150
Previous Owner Rainer V James Connell $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2018 02/26/18 Sold $237,000 +3.3% $148 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $229,500 +31.1% $143 / Sq Ft
10/31/2013 10/31/13 Sold $175,000 -7.8% $112 / Sq Ft View Prior Sale
10/04/2013 10/04/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $189,900 -- $122 / 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 $2,123 $70,925 $18,325 $52,600
2024 $2,123 $62,625 $19,325 $43,300
2023 $3,815 $62,625 $19,325 $43,300
2022 $3,815 $62,625 $19,325 $43,300
2021 $3,860 $62,625 $19,325 $43,300
2020 $3,493 $48,200 $19,325 $28,875
2019 $3,493 $48,200 $19,325 $28,875
2018 $3,493 $48,200 $19,325 $28,875
2017 $1,981 $48,200 $19,325 $28,875
2016 $1,752 $40,100 $0 $0
2014 $1,752 $40,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018626

Memphis Area Association of REALTORS®

APN: 06-4012-0-0056