630 Orchard Ave Memphis, TN 38127
Frayser NeighborhoodEstimated Value: $79,000 - $104,000
2
Beds
1
Bath
1,000-1,199
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Den
- Tile Flooring
- Traditional Architecture
- Some Wood Windows
- Central Heating and Cooling System
About This Home
As of May 2022Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $775 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Last Agent to Sell the Property
Reedy & Company, REALTORS License #15602 Listed on: 01/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $459
Year Built
- Built in 1950
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 89x149
- Level Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,026 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Den
- Iron Doors
- Updated Kitchen
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Orchard Crest Subdivision
Listing and Financial Details
- Assessor Parcel Number 069016 00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2022
Closed on
May 13, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
King Allysha M and King Seth D
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$100,000
Sold Price
$100,000
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,103
Avg. Annual Appreciation
-2.39%
Original Mortgage
$72,750
Outstanding Balance
$69,198
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$23,699
Purchase Details
Closed on
Dec 21, 2021
Sold by
Burkeen Eddie F and Burkeen Jason
Bought by
Memphis Investment Properties Iii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.09%
Mortgage Type
Commercial
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Allysha M | $100,000 | None Listed On Document | |
| Memphis Investment Properties Iii Llc | $34,500 | Delta Title Services Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Allysha M | $72,750 | |
| Previous Owner | Memphis Investment Properties Iii Llc | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $100,000 | 0.0% | $100 / Sq Ft |
| 01/04/2022 01/04/22 | Pending | -- | -- | -- |
| 01/04/2022 01/04/22 | For Sale | $100,000 | -- | $100 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $459 | $24,000 | $1,750 | $22,250 |
| 2024 | $459 | $13,525 | $1,425 | $12,100 |
| 2023 | $824 | $13,525 | $1,425 | $12,100 |
| 2022 | $629 | $10,325 | $1,425 | $8,900 |
| 2021 | $356 | $10,325 | $1,425 | $8,900 |
| 2020 | $541 | $8,850 | $1,425 | $7,425 |
| 2019 | $283 | $8,850 | $1,425 | $7,425 |
| 2018 | $283 | $8,850 | $1,425 | $7,425 |
| 2017 | $290 | $8,850 | $1,425 | $7,425 |
| 2016 | $400 | $9,150 | $0 | $0 |
| 2014 | $400 | $9,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Reedy
Seller's Agent in 2022
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
83 in this area
481 Total Sales
-
Bradley Reedy
B
Buyer's Agent in 2022
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
82 in this area
499 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10115117
APN: 06-9016-0-0015
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