NOT LISTED FOR SALE

6233 Island Forty Rd Memphis, TN 38127

Estimated Value: $219,000 - $236,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $180,000 $113 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,322/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Den
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of October 2021

Great Potential..Selling As-Is...Needs some TLC. Newer Roof and Windows. Great acreage with 2 barns, workshop, covered car area. Fenced in Back . Great for horses or cows.

Last Agent to Sell the Property

Jayne Power

Real Estate Mart of TN, Inc. License #301263 Listed on: 08/12/2021

Last Buyer's Agent

Linda Saunders

901, REALTORS License #357798

901, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1958

Lot Details

  • 3.3 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,583 Sq Ft Home
  • 1-Story Property
  • Den
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Workshop in Garage
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number D0123 00092

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,209

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 721A
  • List Price Per Sq Ft: 115
  • Number Of Stories: 1
  • Price Per Sq Ft: 113.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1583
  • Year Built: 1958
  • Special Features: None
  • 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
  • Floors/Ceilings: Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Microwave
  • Living Dining Kitchen: Separate Den, Pantry
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 5
  • Acreage: 3.3
  • Lot Size: 3.3
  • Price Per Acre: 55303

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0123 00092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Mccartney Christina
Bought by
Allen Benjamin Frank and Allen Paige Ridings
Current Estimated Value
$224,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,838
Outstanding Balance
$221,796
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$6,501

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 25, 2021
Sold by
Daugherty Jennfier and Daugherty Lonny
Bought by
Mccartney Christina
Seller's Agent
Jayne Power
Real Estate Mart of TN, Inc.
Buyer's Agent
Linda Saunders
901, REALTORS
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$146,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Farris Johnny W and Farris Becky K
Bought by
Daugherty Lonny and Daugherty Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
8.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 3, 1999
Sold by
Becky Rollins and Becky K
Bought by
Farris Becky K and Farris Johnny W

Purchase Details

Closed on
Nov 26, 1996
Sold by
Rollins Charles Michael
Bought by
Rollins Rebecca Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,650
Interest Rate
7.88%
Mortgage Type
Purchase Money 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
Allen Benjamin Frank $230,000 None Listed On Document
Mccartney Christina $182,500 Erickson Title & Closing Llc
Daugherty Lonny $115,000 First Natl Fincl Title Svcs
Farris Becky K -- --
Rollins Rebecca Faye -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Benjamin Frank $223,838
Previous Owner Mccartney Christina $146,000
Previous Owner Daugherty Jennifer A $9,504
Previous Owner Daugherty Jennifer A $134,995
Previous Owner Daugherty Lonny $109,250
Previous Owner Farris Johnny W $2,000
Previous Owner Rollins Rebecca Faye $50,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $180,000 -1.4% $129 / Sq Ft
10/12/2021 10/12/21 Price Changed $182,500 -3.9% $130 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
08/31/2021 08/31/21 Price Changed $189,900 -4.6% $136 / Sq Ft
08/12/2021 08/12/21 For Sale $199,000 -- $142 / 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 $1,209 $55,000 $8,950 $46,050
2024 $1,209 $35,675 $8,500 $27,175
2023 $1,209 $35,675 $8,500 $27,175
2022 $1,209 $35,675 $8,500 $27,175
2021 $1,231 $35,675 $8,500 $27,175
2020 $981 $24,225 $8,500 $15,725
2019 $981 $24,225 $8,500 $15,725
2018 $981 $24,225 $8,500 $15,725
2017 $996 $24,225 $8,500 $15,725
2016 $1,019 $23,325 $0 $0
2014 $1,019 $23,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106298

Memphis Area Association of REALTORS®

APN: D0-123-0-0092