$75,000
SOLD MAR 6, 2025
2 Beds
1 Bath
1,308 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

46% Below List Price

135 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Den
  • 1 Car Detached Garage
  • Tile Flooring

About This Home

As of March 2025

NEW PRICE!! DRASTIC REDUCTION! Charming well preserved home with mostly original doors, crown molding, F/P , kitchen etc. Huge 22ft den added in the back with tile floors. Great for entertaining. Lots of renovations going on this neighborhoods. Local lender offering $10,000 down @ 5.5 % in this zip code. Easy to show.

Last Agent to Sell the Property

William Mitchell

Crye-Leike, Inc., REALTORS License #55990 Listed on: 10/03/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lowell Brister

Leco Realty, Inc. License #242333

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1-Story Property
  • Decorative Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Additional Features

  • Outdoor Storage
  • Ground Level

Community Details

  • Southwestern University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052018 00030

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Faxon
  • MAAR Subdivision Name: SOUTHWESTERN UNIVERSITY PLACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 3
  • Fireplace: Decorative Only, In Living Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Chain Fence, Storage
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace, Wall Unit
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 44
  • Acreage: 0.14
  • Lot Size: 50X125
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 052018 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Mar 6, 2025
Sold by
Landers Martha L
Bought by
Orco Homes Llc
Seller's Agent
William Mitchell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lowell Brister
Leco Realty, Inc.
List Price
$139,000
Sold Price
$75,000
Premium/Discount to List
-$64,000
-46.04%
Views
96
Current Estimated Value
$79,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,098
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Landers Betty H and Landers Russell L
Bought by
Landers Martha Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $75,000 Advocate Title & Escrow Servic
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2025 03/06/25 Sold $75,000 -11.8% $57 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
12/20/2024 12/20/24 Price Changed $85,000 -19.0% $65 / Sq Ft
11/27/2024 11/27/24 Price Changed $105,000 -11.0% $80 / Sq Ft
11/08/2024 11/08/24 Price Changed $118,000 -5.6% $90 / Sq Ft
10/24/2024 10/24/24 Price Changed $125,000 -10.1% $96 / Sq Ft
10/03/2024 10/03/24 For Sale $139,000 -- $106 / 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 $432 $18,725 $5,000 $13,725
2024 $432 $13,575 $2,000 $11,575
2023 $809 $13,575 $2,000 $11,575
2022 $809 $13,575 $2,000 $11,575
2021 $818 $13,575 $2,000 $11,575
2020 $792 $10,925 $2,000 $8,925
2019 $792 $10,925 $2,000 $8,925
2018 $792 $10,925 $2,000 $8,925
2017 $449 $10,925 $2,000 $8,925
2016 $450 $10,300 $0 $0
2014 $432 $10,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182532

Memphis Area Association of REALTORS®

APN: 05-2018-0-0030