NOT LISTED FOR SALE

Estimated Value: $189,000 - $235,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $38,000 $17 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $1,174/month

2 Days on Market

Highlights

  • 1 Fireplace
  • Patio
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

About This Home

As of May 2017

Investor Opportunity! This is a burnout sale that will need a re-build. 4 BR's all down, spacious rooms, dining room, living rm, & den, corner lot & dbl carport. Rent range is $950-$1050 month. Easy to show call appt. line.

Last Agent to Sell the Property

Benjamin Reed

Reed & Associates of Tenn, LLC License #286831 Listed on: 04/19/2017

Co-Listed By

Phillip Kemp

Reed & Associates of Tenn, LLC License #286830

Last Buyer's Agent

Benjamin Reed

Reed & Associates of Tenn, LLC License #286831 Listed on: 04/19/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 0.31

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,115 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • 0.31 Acre Lot

Community Details

  • Fox Meadows Gardens Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074107 00003

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Fox Meadows
  • MAAR Subdivision Name: FOX MEADOWS GARDENS
  • List Price Per Sq Ft: 8
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2115
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 152
  • Acreage: 0.31

Tax Info

  • Assessor Parcel Number: 074107 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Reed Michael E
Bought by
Rs Rental Iii-A Llc
Current Estimated Value
$205,265

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 2, 2017
Sold by
Mccreery Bradley
Bought by
Reed Michael E
Seller's Agent
Benjamin Reed
Reed & Associates of Tenn, LLC
Buyer's Agent
Benjamin Reed
Reed & Associates of Tenn, LLC
List Price
$17,500
Sold Price
$38,000
Premium/Discount to List
$20,500
117.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%

Purchase Details

Listed on
Jan 16, 2012
Closed on
Dec 7, 2012
Sold by
Thomas Jovett L
Bought by
Mccreery Bradley
Seller's Agent
Sharon Carther
BEST Real Estate Company
Buyer's Agent
Sharon Carther
BEST Real Estate Company
List Price
$55,000
Sold Price
$46,500
Premium/Discount to List
-$8,500
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.48%
Original Mortgage
$38,862
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Hodges Morris Leroy and Hodges Sandra C
Bought by
Hud

Purchase Details

Closed on
Jul 27, 1999
Sold by
Cox Larry R Tr & Helen L Cox Tr
Bought by
Hodges Morris Leroy and Hodges Sandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,851
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rs Rental Iii-A Llc $940,000 Summit Title & Escrow
Reed Michael E $38,000 Conventry Escrow & Title Co
Mccreery Bradley $46,500 None Available
Hud $110,387 --
Hodges Morris Leroy $110,000 --
Hodges Morris Leroy $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccreery Bradley $38,862
Previous Owner Hodges Morris Leroy $106,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2017 05/02/17 Sold $38,000 +117.1% $19 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $17,500 -62.4% $9 / Sq Ft
12/07/2012 12/07/12 Sold $46,500 -15.5% $39 / Sq Ft View Prior Sale
09/09/2012 09/09/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $55,000 -- $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 $1,218 $50,075 $4,375 $45,700
2024 $1,218 $35,925 $3,900 $32,025
2023 $2,188 $35,925 $3,900 $32,025
2022 $2,188 $35,925 $3,900 $32,025
2021 $2,214 $35,925 $3,900 $32,025
2020 $1,641 $22,650 $3,900 $18,750
2019 $724 $22,650 $3,900 $18,750
2018 $724 $22,650 $3,900 $18,750
2017 $741 $22,650 $3,900 $18,750
2016 $914 $20,925 $0 $0
2014 $914 $20,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10000454

Memphis Area Association of REALTORS®

APN: 07-4107-0-0003