NOT LISTED FOR SALE

Estimated Value: $143,000 - $195,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $30,000 $25 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $893/month

Highlights

  • Lake On Lot
  • Waterfront
  • Community Lake
  • Garage Apartment
  • 34.31 Acre Lot
  • Deck

About This Home

As of October 2014

DRASTICALLY REDUCED. PART OF ESTATE-SUBJECT TO COURT APPROVAL-TAKES APPROX 2 WEEKS. APPR 45 ACS W/APPROX 12 ACRE LAKE & LAND SURROUNDING LAKE. ALSO FRAMED DOUBLE GARAGE W/UPSTAIRS IN-LAW QUARTERS. PART OF TRACT HAS LAND FRONTING HWY 61. THERE WAS A ROUGH GRAVEL DRIVE FROM HWY 61 TO THE HONDURAS HOME. SCROLL LEFT ON MAAR MAP & SEE 4946 HWY 61. INCLUDE 4957 HONDURAS & 4946 HWY 61 (SEE SEP LISTINGS) IN SALE & GET IT ALL FOR $135,000.00. AS-IS ALL CASH! GREAT FISHING! SEE ATTACHED PLAT.

Last Agent to Sell the Property

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 05/19/2013

Last Buyer's Agent

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 05/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1938

Lot Details

  • 34.31 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,850 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Iron Doors

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Driveway

Outdoor Features

  • Water Access
  • Cove
  • Lake On Lot
  • Deck

Community Details

  • None Shown Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 075171 00135C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$566

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Cross Street: MANSON
  • MLS Map #: 766A
  • MAAR Subdivision Name: MAYS
  • List Price Per Sq Ft: 54
  • Number Of Stories: 1
  • Price Per Sq Ft: 16.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1850
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Deck, Garage Apartment

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Driveway/Pad

Utilities

  • Security: Security Gate, Iron Door(s)

Association/Amenities

  • Neighborhood Amenities: Lake

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water Frontage, Water View, Water Access, Cove, Chain Fenced, Iron Fenced
  • Acreage: 34.31
  • Lot Size: 48 ACS APPROX
  • Price Per Acre: 2900

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075171 00135C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2019
Sold by
Smith Jerome
Bought by
Midsouth Realty Group Llc
Current Estimated Value
$159,638

Purchase Details

Listed on
May 19, 2013
Closed on
Oct 3, 2014
Sold by
Alvarez Robert K
Bought by
Smith Jerome
Seller's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
Buyer's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
List Price
$250,900
Sold Price
$30,000
Premium/Discount to List
-$220,900
-88.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
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
Midsouth Realty Group Llc $14,750 None Available
Smith Jerome $30,000 Fntg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $30,000 -88.0% $30 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
05/19/2013 05/19/13 For Sale $250,900 -- $251 / 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 $566 $40,450 $3,125 $37,325
2024 $566 $16,700 $2,600 $14,100
2023 $1,017 $16,700 $2,600 $14,100
2022 $1,017 $16,700 $2,600 $14,100
2021 $576 $16,700 $2,600 $14,100
2020 $1,013 $13,975 $2,325 $11,650
2019 $447 $13,975 $2,325 $11,650
2018 $447 $13,975 $2,325 $11,650
2017 $457 $13,975 $2,325 $11,650
2016 $217 $4,975 $0 $0
2014 $217 $4,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3272055

Memphis Area Association of REALTORS®

APN: 07-5171-0-0158