NOT LISTED FOR SALE

Estimated Value: $140,000 - $199,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $129,000 $81 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,001/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Community Pool
  • Traditional Architecture
  • Separate Formal Living Room
  • Den with Fireplace

About This Home

As of March 2020

Nice 3 Br Home on Quiet Street. New Architectural Roof , new paint and flooring.

Last Agent to Sell the Property

John Payne

Performance, REALTORS License #203949 Listed on: 01/12/2020

Last Buyer's Agent

Jo Mathes

Pinnacle Realty License #272839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,554 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 077034 00012

Community Details

Overview

  • Rainbow Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 763F
  • MAAR Subdivision Name: RAINBOW
  • List Price Per Sq Ft: 85
  • Number Of Stories: 1
  • Price Per Sq Ft: 83.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1554
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Ash Cleanout
  • Floors/Ceilings: Part Hardwood, Part Carpet, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Continuous Cleaning Oven, Cooktop, Disposal
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Cove, Wood Fenced, Chain Fenced
  • Lot Number: 12
  • Acreage: 0.39
  • Lot Size: 0.39
  • Price Per Acre: 338462

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 077034 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Mar 6, 2020
Sold by
Payne John L and Payne Trina M
Bought by
Bonner Marilyn
Seller's Agent
John Payne
Performance, REALTORS
Buyer's Agent
Jo Mathes
Pinnacle Realty
List Price
$132,000
Sold Price
$129,000
Premium/Discount to List
-$3,000
-2.27%
Current Estimated Value
$167,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,413
Avg. Annual Appreciation
4.83%
Original Mortgage
$126,557
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2016
Sold by
Payne John L
Bought by
Payne John L and Payne Trina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,491
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 18, 2014
Closed on
Apr 28, 2015
Sold by
Mcclain Edward L
Bought by
Payne John L
Seller's Agent
Sonja Hester
Progressive Realty Services
Buyer's Agent
Leah Douglas-Wooten
Progressive Realty Services
List Price
$26,000
Sold Price
$37,000
Premium/Discount to List
$11,000
42.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%

Purchase Details

Closed on
Jan 19, 2010
Sold by
Carter Warren
Bought by
Mcclain Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,276
Interest Rate
5.12%
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
Bonner Marilyn $129,000 None Available
Payne John L -- None Available
Payne John L $37,000 Preferred Title & Escrow Llc
Mcclain Edward L $67,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonner Marilyn $125,524
Closed Bonner Marilyn $126,557
Previous Owner Payne John L $3,491
Previous Owner Mcclain Edward L $66,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $129,000 -2.3% $92 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $132,000 +256.8% $94 / Sq Ft
04/28/2015 04/28/15 Sold $37,000 +42.3% $26 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $26,000 -- $19 / 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 $1,074 $41,225 $4,250 $36,975
2024 $1,074 $31,675 $4,250 $27,425
2023 $1,930 $31,675 $4,250 $27,425
2022 $1,930 $31,675 $4,250 $27,425
2021 $1,952 $31,675 $4,250 $27,425
2020 $1,279 $17,650 $4,250 $13,400
2019 $564 $17,650 $4,250 $13,400
2018 $564 $17,650 $4,250 $13,400
2017 $577 $17,650 $4,250 $13,400
2016 $724 $16,575 $0 $0
2014 $724 $16,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069067

Memphis Area Association of REALTORS®

APN: 07-7034-0-0012