$92,500
SOLD JUN 30, 2022
3 Beds
2 Baths
1,400-1,599 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

16% Below List Price

41 Days on Market

Highlights

  • 1 Fireplace
  • Central Heating and Cooling System
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of September 2022

Brick ranch home with good curb appeal near shopping and schools. REO Occupied – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing.

Last Agent to Sell the Property

Lori Brown

Realhome Services & Solutions License #362927 Listed on: 04/14/2022

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,494 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Voluntary home owners association
  • Mendenhall Estates Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074072 00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,309

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 784A
  • MAAR Subdivision Name: MENDENHALL ESTATES BLK B
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1494
  • Year Built: 1970
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level
  • Lot Number: 88
  • Acreage: 0.21
  • Lot Size: 9453
  • Price Per Acre: 494762

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074072 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 28, 2022
Sold by
Patrick Townsend
Bought by
Nguyen Minh Ngoc
Seller's Agent
Crystal Mitchell
Renshaw Company, REALTORS
Buyer's Agent
Bang Nguyen
REMAX Experts
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Views
11
Current Estimated Value
$182,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,096
Avg. Annual Appreciation
1.91%
Original Mortgage
$176,739
Outstanding Balance
$169,646
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$20,586

Purchase Details

Closed on
Mar 10, 2022
Sold by
Wilson & Associates Pllc
Bought by
Gsrpm Mortgage Loan Trust

Purchase Details

Closed on
May 22, 1998
Sold by
Michael Loftin J and Michael Cheryl D
Bought by
Wallace Valrese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,699
Interest Rate
7.11%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Foundation Title & Escrow
Deed $100,100 Wilson & Associates Pllc
Warranty Deed $75,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,739 FHA
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $68,800 Unknown
Previous Owner $57,699 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $180,000 +0.6% $129 / Sq Ft
08/09/2022 08/09/22 For Sale $179,000 +93.5% $128 / Sq Ft
06/30/2022 06/30/22 Sold $92,500 -11.0% $66 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $103,900 -5.5% $74 / Sq Ft
04/14/2022 04/14/22 For Sale $110,000 -- $79 / 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 $1,309 $54,675 $5,200 $49,475
2024 $1,309 $38,600 $4,500 $34,100
2023 $2,351 $38,600 $4,500 $34,100
2022 $1,920 $31,525 $4,500 $27,025
2021 $1,088 $31,525 $4,500 $27,025
2020 $1,511 $20,850 $4,500 $16,350
2019 $666 $20,850 $4,500 $16,350
2018 $666 $20,850 $4,500 $16,350
2017 $682 $20,850 $4,500 $16,350
2016 $848 $19,400 $0 $0
2014 $848 $19,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121723

Memphis Area Association of REALTORS®

APN: 07-4072-0-0034