NOT LISTED FOR SALE

Estimated Value: $1,398,745 - $1,763,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$773/Sq Ft Est. Value

Last Sold August 11, 2015

Last sale price $310,000 $155 Per Sq Ft

Est. 398% increase in value since last sale

Current estimated payment $9,183/month

Highlights

  • 1.11 Acre Lot
  • Deck
  • Wooded Lot
  • White Station High Rated A
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of August 2015

Amazing treed lot in the heart of East Memphis. This lot is perfect to build your dream estate home it sits on 1.11 acres. You can build your dream home or renovate the current home but the value of this property is the lot and the location. It sits among 1.5 to 2 million dollar homes. Current home is being sold as is.

Last Agent to Sell the Property

Polly Sayres

Crye-Leike, Inc., REALTORS License #285808 Listed on: 04/04/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Polly Sayres

Crye-Leike, Inc., REALTORS License #285808 Listed on: 04/04/2015

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,962

Year Built

  • Built in 1946

Lot Details

  • 1.11 Acre Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Level Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,897 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Window Treatments
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Pull Down Stairs to Attic
  • Oven or Range
  • Laundry closet

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Storm Doors
  • Termite Clearance

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level

Community Details

  • Pleasant Acres First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056046 00066

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,962

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Lexington
  • MAAR Subdivision Name: PLEASANT ACRES 1ST ADD
  • List Price Per Sq Ft: 166
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1897
  • Termite Contract: Yes
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Textured Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Den, LR/DR Combination
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Cat/Dog Free House, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Play Room, Bonus Room
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Deck, Iron Fence
  • Exterior Windows: Storm Door(s)
  • Foundation: Slab, Conventional

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Gas, Wood Stove
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Wooded, Level, Chain Fenced
  • Lot Number: 8
  • Acreage: 1.11
  • Lot Size: 110 X 351.81 IRR

Tax Info

  • Assessor Parcel Number: 056046 00066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Albertine Company Llc
Bought by
Goughnour Michael S and Goughnour Holly G
Current Estimated Value
$1,544,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Outstanding Balance
$1,217,759
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$327,156

Purchase Details

Closed on
Oct 25, 2018
Sold by
Clark Nick
Bought by
Albertine Company Llc

Purchase Details

Closed on
Dec 12, 2017
Sold by
Cunningham Cunningham S and Cunningham Leah Neak
Bought by
Clark Nick

Purchase Details

Closed on
Apr 4, 2017
Sold by
Lester T Brooke H and Lester Ellen J
Bought by
Cunningham Elliott and Cunningham Leah Neal

Purchase Details

Listed on
Apr 4, 2015
Closed on
Aug 11, 2015
Sold by
Keeton Jeanette
Bought by
Lester Brook H and Lester Ellen J
Seller's Agent
Polly Sayres
Crye-Leike, Inc., REALTORS
Buyer's Agent
Polly Sayres
Crye-Leike, Inc., REALTORS
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%
Original Mortgage
$310,000
Interest Rate
4.16%
Mortgage Type
FHA
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
Goughnour Michael S $1,550,000 Close Trak Llc
Albertine Company Llc $350,000 Mid South Title Services Llc
Clark Nick $200,000 None Available
Cunningham Elliott $400,000 Mid South Title Services Llc
Lester Brook H $310,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goughnour Michael S $1,375,000
Previous Owner Lester Brook H $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2015 08/11/15 Sold $310,000 -4.6% $172 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $325,000 -- $181 / 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 $12,962 $416,450 $94,850 $321,600
2024 $12,962 $382,350 $80,175 $302,175
2023 $23,291 $382,350 $80,175 $302,175
2022 $23,291 $382,350 $80,175 $302,175
2021 $13,191 $382,350 $80,175 $302,175
2020 $18,974 $185,175 $80,175 $105,000
2019 $2,562 $80,175 $80,175 $0
2018 $2,562 $80,175 $80,175 $0
2017 $2,699 $82,500 $80,000 $2,500
2016 $4,169 $95,400 $0 $0
2014 $4,169 $95,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9948689

Memphis Area Association of REALTORS®

APN: 05-6046-0-0066