NOT LISTED FOR SALE

Estimated Value: $80,111 - $108,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$51/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $20,000 $11 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $700/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Laundry closet
  • 1 Fireplace
  • Patio
  • Central Heating and Cooling System

About This Home

As of June 2016

Great Investment Townhome - Could rent for $800 per month! NEW paint, carpet, HVAC & upstairs windows! Condo Association Fee is $180 monthly. The HOA dues at Swaying Pine are $180 per month and cover trash removal, lawn and landscape service, regular insect spraying.

Last Agent to Sell the Property

Lee McWaters

McWaters & Associates License #234109 Listed on: 02/02/2016

Last Buyer's Agent

Erma Williams

Crye-Leike, Inc., REALTORS License #238019

Crye-Leike, Inc., REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $377

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,628 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Heritage Trails Townhouse Development Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 093106 D00042

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$377

Year Built

Built in 1973

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MLS Map #: 784C
  • MAAR Subdivision Name: HERITAGE TRAILS TOWNHOUSES
  • List Price Per Sq Ft: 18
  • Number Of Stories: 2
  • Price Per Sq Ft: 12.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1628
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 2160
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: UNIT 42
  • Acreage: 0.22
  • Lot Size: .22 Acres
  • Price Per Acre: 135909

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093106 D00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Jun 1, 2016
Sold by
Equity Trust Co A South Dakota Corp
Bought by
Good Hands Community Care
Seller's Agent
Lee McWaters
McWaters & Associates
Buyer's Agent
Erma Williams
Crye-Leike, Inc., REALTORS
List Price
$49,900
Sold Price
$20,000
Premium/Discount to List
-$29,900
-59.92%
Current Estimated Value
$92,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,278
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Mar 15, 2006
Sold by
Terk Jacob and Terk Inna L
Bought by
Equity Trust Co and Rebeca G Hamilton Ira

Purchase Details

Closed on
Feb 14, 2003
Sold by
The Chase Manhattan Bank
Bought by
Turk Jacob and Turk Inna

Purchase Details

Closed on
Mar 15, 2002
Sold by
Lane Carolyn D
Bought by
The Chase Manhattan Bank and First Greensboro

Purchase Details

Closed on
Dec 2, 1996
Sold by
Gross Laverne
Bought by
Lane Carolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,550
Interest Rate
7.83%
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
Good Hands Community Care $20,000 Realty Title And Escrow Co I
Equity Trust Co $59,000 None Available
Turk Jacob $30,000 Associates Closing & Title
The Chase Manhattan Bank $43,229 --
Lane Carolyn D $58,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Carolyn D $57,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $20,000 -59.9% $13 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $49,900 -- $31 / 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 $377 $28,320 $2,600 $25,720
2024 $377 $11,125 $1,625 $9,500
2023 $678 $11,125 $1,625 $9,500
2022 $678 $11,125 $1,625 $9,500
2021 $686 $11,125 $1,625 $9,500
2020 $489 $6,750 $1,625 $5,125
2019 $489 $6,750 $1,625 $5,125
2018 $489 $6,750 $1,625 $5,125
2017 $277 $6,750 $1,625 $5,125
2016 $535 $12,250 $0 $0
2014 $535 $12,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9969672

Memphis Area Association of REALTORS®

APN: 09-3106-D0-0042