$205,775
SOLD MAR 23, 2018
4 Beds
3.5 Baths
2,200-2,399 Sq Ft
0.47 Acres

Recently Sold

$86 Per Sq Ft

26% Below List Price

12 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Richland Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of September 2018

This is a great place that was owned by an older person who let it go. While its not in top notch condition, that is reflected in the price. Bring your dreams of a wonderful home in a great East Memphis location and take that leap of faith to owning a beautifully renovated house! All offers are "as is", subject to the Buyers inspection satisfaction.There should be no encumbrances to financing but the Seller just wants a no strings sale.

Last Agent to Sell the Property

David Da Ponte

Sowell, Realtors License #278752 Listed on: 03/08/2018

Last Buyer's Agent

Dustie Zvolanek

Red Maple Realty License #322203

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.47 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 3,220 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Breakfast Room
  • Dining Room
  • Den

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Lipsey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068022 00024

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756D
  • MAAR Subdivision Name: LIPSEY
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 63.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3220
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedroom 4 Description: Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Separate Breakfast Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Walk-In Closet

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 2
  • Acreage: 0.47
  • Price Per Acre: 593617

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 068022 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 27, 2018
Sold by
Shalom Holdings 1 Llc
Bought by
Felix Brian S
Seller's Agent
Dustie Zvolanek
Red Maple Realty
Buyer's Agent
Curtis Ward
Crye-Leike, Inc., REALTORS
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$589,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,650
Avg. Annual Appreciation
4.02%
Original Mortgage
$250,000
Outstanding Balance
$219,352
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$370,298

Purchase Details

Listed on
Mar 8, 2018
Closed on
Mar 23, 2018
Sold by
Petty Joel E
Bought by
Shalom Holdings 1 Llc
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Dustie Zvolanek
Red Maple Realty
List Price
$279,000
Sold Price
$205,775
Premium/Discount to List
-$73,225
-26.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
350.30%
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 $450,000 Realty Title
Warranty Deed $205,775 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $137,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $450,000 +2.5% $118 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/11/2018 08/11/18 Price Changed $439,000 -2.2% $116 / Sq Ft
07/11/2018 07/11/18 For Sale $449,000 +118.2% $118 / Sq Ft
03/23/2018 03/23/18 Sold $205,775 -26.2% $94 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $279,000 -- $127 / 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 -- $193,675 $22,775 $170,900
2024 -- $128,275 $20,675 $107,600
2023 $7,814 $128,275 $20,675 $107,600
2022 $7,814 $128,275 $20,675 $107,600
2021 $7,906 $128,275 $20,675 $107,600
2020 $7,112 $98,150 $20,675 $77,475
2019 $3,137 $98,150 $20,675 $77,475
2018 $3,137 $98,150 $20,675 $77,475
2017 $3,211 $98,150 $20,675 $77,475
2016 $3,613 $82,675 $0 $0
2014 $3,613 $82,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021890

Memphis Area Association of REALTORS®

APN: 06-8022-0-0024