NOT LISTED FOR SALE

Estimated Value: $134,000 - $157,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $72,900 $41 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $819/month

Highlights

  • Traditional Architecture
  • Bonus Room
  • Den
  • Separate Formal Living Room
  • Great Room
  • 1 Car Attached Garage

About This Home

As of April 2018

Property is being sold below current market value. Will further discount for a quick all cash - as is sale.

Last Agent to Sell the Property

Albert Porter

BenchMark REALTORS, LLC License #52980 Listed on: 03/19/2018

Last Buyer's Agent

Cassandra Bell-Warren

4 Success Realty, LLC License #289692

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $743

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,802 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Raines Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076047 00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$743

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 767A
  • MAAR Subdivision Name: RAINES TERRACE
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1802
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 105
  • Acreage: 0.26
  • Price Per Acre: 280385

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 076047 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 24, 2018
Sold by
Jones Carol Michelle and Jones Richard Andre
Bought by
Grose Corwin D
Seller's Agent
Albert Porter
BenchMark REALTORS, LLC
Buyer's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
List Price
$72,900
Sold Price
$72,900
Current Estimated Value
$142,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,814
Avg. Annual Appreciation
9.41%
Original Mortgage
$69,255
Outstanding Balance
$59,558
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$83,156

Purchase Details

Closed on
Jul 18, 2013
Sold by
Taylor Anthony O and Taylor Mary L
Bought by
Taylor Anthony O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.96%
Mortgage Type
Reverse Mortgage Home Equity Conversion 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
Grose Corwin D $72,900 Preferred Title & Escrow Llc
Taylor Anthony O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grose Corwin D $69,255
Previous Owner Taylor Anthony O $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $72,900 0.0% $46 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $72,900 -- $46 / 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 $743 $33,775 $4,625 $29,150
2024 $743 $21,925 $3,350 $18,575
2023 $1,336 $21,925 $3,350 $18,575
2022 $1,336 $21,925 $3,350 $18,575
2021 $1,351 $21,925 $3,350 $18,575
2020 $1,408 $19,425 $3,350 $16,075
2019 $1,408 $19,425 $3,350 $16,075
2018 $1,408 $19,425 $3,350 $16,075
2017 $798 $19,425 $3,350 $16,075
2016 $817 $18,700 $0 $0
2014 $817 $18,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10022797

Memphis Area Association of REALTORS®

APN: 07-6047-0-0012