NOT LISTED FOR SALE

Estimated Value: $243,000 - $269,547

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $142,000 $89 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,526/month

Highlights

  • Traditional Architecture
  • Attic
  • Den
  • Wood Flooring
  • Great Room
  • Storage Room

About This Home

As of April 2018

3 bed/2.5 bath in one of the most sought after sections of east Memphis! Has a cozy 1 bedroom/1bathroom guest house that would make a perfect office, guest suite, or Airbnb! Carport and large detached garage! Owner started an open concept renovation and is unable to complete the project. Lots of options here for an owner or investor to put their own spin on finishing touches. As/is sale.

Last Agent to Sell the Property

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 02/22/2018

Last Buyer's Agent

Carolyn Ocampo

eXp Realty, LLC License #294922

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,492 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage Room
  • Laundry closet
  • Pull Down Stairs to Attic
  • Iron Doors
  • Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Sharpes Colonial Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065061 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 94
  • Number Of Stories: 1
  • Price Per Sq Ft: 95.17
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1492
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Private Half Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Cooktop, Refrigerator
  • Living Dining Kitchen: Great Room
  • Misc Interior: Pull Down Attic Stairs, Central Vacuum
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Front-Load Garage, On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Gas
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 64
  • Acreage: 0.2
  • Lot Size: 8,732
  • Price Per Acre: 700000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 065061 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 20, 2018
Sold by
Springer Tyler B
Bought by
Lovric Goran
Seller's Agent
Jeffrey Howard
Bluff City Realty Group, LLC
Buyer's Agent
Carolyn Ocampo
eXp Realty, LLC
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%
Current Estimated Value
$256,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,887
Avg. Annual Appreciation
8.28%
Original Mortgage
$137,740
Outstanding Balance
$118,454
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$138,433

Purchase Details

Listed on
Oct 22, 2013
Closed on
May 27, 2014
Sold by
Cruzen Stephen
Bought by
Springer Tyler B
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Jeffrey Howard
Bluff City Realty Group, LLC
List Price
$127,500
Sold Price
$130,000
Premium/Discount to List
$2,500
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$127,645
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2010
Sold by
Hoffman Nicholas J
Bought by
Cruzen Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,546
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2007
Sold by
Marler Parker E and Marler Merry H
Bought by
Hoffman Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Lovric Goran $142,000 Edco Title & Closing Svcs In
Springer Tyler B $130,000 None Available
Cruzen Stephen $129,900 Realty Title
Hoffman Nicholas J $120,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovric Goran $137,740
Previous Owner Springer Tyler B $127,645
Previous Owner Cruzen Stephen $127,546
Previous Owner Hoffman Nicholas J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2018 04/25/18 Sold $142,000 -5.3% $101 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $150,000 +15.4% $107 / Sq Ft
05/27/2014 05/27/14 Sold $130,000 +2.0% $93 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $127,500 -- $91 / 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 $1,907 $69,450 $11,250 $58,200
2024 $1,907 $56,250 $9,050 $47,200
2023 $3,427 $56,250 $9,050 $47,200
2022 $3,427 $56,250 $9,050 $47,200
2021 $3,467 $56,250 $9,050 $47,200
2020 $2,815 $38,850 $9,050 $29,800
2019 $1,242 $38,850 $9,050 $29,800
2018 $1,242 $38,850 $9,050 $29,800
2017 $1,271 $38,850 $9,050 $29,800
2016 $1,425 $32,600 $0 $0
2014 $1,425 $32,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10020947

Memphis Area Association of REALTORS®

APN: 06-5061-0-0015