NOT LISTED FOR SALE

Estimated Value: $108,000 - $151,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $52,000 $37 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $768/month

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2014

Recent Forclosure! Renovations ongoing, price includes all renovations. Great investment property in Memphis, TN. Great cash flow and ROI for investors. Owner Occupants Welcome!

Last Agent to Sell the Property

Jon Moultrie

Enterprise, REALTORS License #283085 Listed on: 04/07/2014

Co-Listed By

Ryan Tucker

Enterprise, REALTORS License #287095

Last Buyer's Agent

Ryan Tucker

Enterprise, REALTORS License #287095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $607

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,278 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport

Community Details

  • Winchester Gardens Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074043 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$607

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772F
  • MAAR Subdivision Name: WINCHESTER GARDENS SEC C
  • Freestanding: Yes
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1278
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A

Lot Info

  • Lot Number: 276
  • Acreage: 0.22
  • Lot Size: .22 Acres
  • Price Per Acre: 272727

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074043 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Aug 21, 2014
Sold by
I 2 L Llc
Bought by
Mosee Bros Inc
Seller's Agent
Jon Moultrie
Enterprise, REALTORS
Buyer's Agent
Ryan Tucker
Enterprise, REALTORS
List Price
$68,900
Sold Price
$52,000
Premium/Discount to List
-$16,900
-24.53%
Current Estimated Value
$135,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,691
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Mar 6, 2014
Sold by
Cowan Matthew L
Bought by
12L Llc

Purchase Details

Closed on
Dec 29, 2009
Sold by
Tennessee Investment Properties
Bought by
Cowan Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,949
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2009
Sold by
Gathright Doris Marie
Bought by
Tennessee Investment Properties

Purchase Details

Closed on
Mar 31, 1998
Sold by
Adams Gloria J
Bought by
Gathright Doris Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.06%
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
Mosee Bros Inc $52,000 None Available
12L Llc $30,000 None Available
Cowan Matthew L $60,000 None Available
Tennessee Investment Properties $20,001 None Available
Gathright Doris Marie $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowan Matthew L $56,949
Previous Owner Gathright Doris Marie $67,500
Closed Gathright Doris Marie $7,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2014 08/21/14 Sold $52,000 -24.5% $43 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $68,900 -- $57 / 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 $607 $30,950 $5,000 $25,950
2024 $607 $17,900 $3,350 $14,550
2023 $1,090 $17,900 $3,350 $14,550
2022 $1,090 $17,900 $3,350 $14,550
2021 $1,103 $17,900 $3,350 $14,550
2020 $1,087 $15,000 $3,350 $11,650
2019 $1,087 $15,000 $3,350 $11,650
2018 $1,087 $15,000 $3,350 $11,650
2017 $617 $15,000 $3,350 $11,650
2016 $646 $14,775 $0 $0
2014 $646 $14,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3294314

Memphis Area Association of REALTORS®

APN: 07-4043-0-0002