NOT LISTED FOR SALE

Estimated Value: $449,000 - $510,000

4 Beds
2.5 Baths
2,800-2,999 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $312,500 $104 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,924/month

10 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Wood Flooring
  • White Station High Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2016

Location! Location! Location! It doesn't get any better than this!Fantastic home in the Azalea Terrace 0-lot line community. Easy access to all of Memphis restaurants, shopping, hospitals, and entertainment.Many upgrades features granite in kitchen & baths, double ovens, master suite downstairs with huge walk-in closet, beautiful brazilan hardwood floors, smooth ceilings, crown molding, Pella Impervia energy efficient fiberglass windows, jumbo gutters and so much more. Ask for upgrade list.

Last Agent to Sell the Property

Faye Jones

1 Percent Lists Midsouth License #297226 Listed on: 10/04/2016

Last Buyer's Agent

Ed Beasley

Sowell, Realtors License #50257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1987

Lot Details

  • 5,227 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,940 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Azalea Terrace Pd Final Plan Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 056043 A00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

Built in 1987

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: White Station
  • MLS Map #: 756F
  • MAAR Subdivision Name: AZALEA TERRACE
  • List Price Per Sq Ft: 111
  • Number Of Stories: 2
  • Price Per Sq Ft: 106.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2940
  • Termite Contract: Yes
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Permanent Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System, Fireplace Blower
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1200
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 10
  • Acreage: 0.12
  • Lot Size: 0.12
  • Price Per Acre: 2708333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 056043 A00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Oct 27, 2016
Sold by
Rabe Brian P and Rabe Dawn
Bought by
King Robert S and King Barbara C
Seller's Agent
Faye Jones
1 Percent Lists Midsouth
Buyer's Agent
Ed Beasley
Sowell, Realtors
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%
Current Estimated Value
$468,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,123
Avg. Annual Appreciation
4.61%
Original Mortgage
$157,500
Outstanding Balance
$22,826
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$442,637

Purchase Details

Listed on
Feb 6, 2014
Closed on
Apr 29, 2014
Sold by
Simmons Byron Scott and Simmons Jane B
Bought by
Rabe Brian P
Seller's Agent
Clara Yerger
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michelle Creamer
Groome & Co.
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$248,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2007
Sold by
Merrell Sherri
Bought by
Simmons Byron Scott and Simmons Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2007
Sold by
Merrell Sherri
Bought by
Merrell Sherri and Kimbrough Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2004
Sold by
Kimbrough Family Trust
Bought by
Kimbrough Trust

Purchase Details

Closed on
Jan 20, 1999
Sold by
Kimbrough Porperties Inc
Bought by
Kimbrough Family Trust
Source: Public Records

Range of Values:

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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
King Robert S $312,500 Saddle Creek Title Llc
Rabe Brian P $310,000 Home Surety Title & Escrow
Simmons Byron Scott $275,000 None Available
Merrell Sherri -- None Available
Kimbrough Trust -- --
Kimbrough Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Robert S $157,500
Previous Owner Rabe Brian P $248,000
Previous Owner Simmons Byron Scott $156,100
Previous Owner Simmons Byron Scott $159,700
Previous Owner Simmons Byron Scott $165,000
Previous Owner Simmons Byron Scott $206,250
Previous Owner Kimbrough John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2016 10/27/16 Sold $312,500 -3.8% $112 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $325,000 +4.8% $116 / Sq Ft
04/29/2014 04/29/14 Sold $310,000 -4.6% $105 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $324,900 -- $111 / 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 $3,315 $98,450 $13,750 $84,700
2024 $3,315 $97,775 $15,475 $82,300
2023 $5,956 $97,775 $15,475 $82,300
2022 $5,956 $97,775 $15,475 $82,300
2021 $6,026 $97,775 $15,475 $82,300
2020 $5,661 $78,125 $15,475 $62,650
2019 $5,661 $78,125 $15,475 $62,650
2018 $5,661 $78,125 $15,475 $62,650
2017 $3,211 $78,125 $15,475 $62,650
2016 $2,891 $66,150 $0 $0
2014 $2,891 $66,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9987918

Memphis Area Association of REALTORS®

APN: 05-6043-A0-0010