NOT LISTED FOR SALE

Estimated Value: $105,000 - $163,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $9,500 $7 Per Sq Ft

Est. 1,274% increase in value since last sale

Current estimated payment $756/month

Highlights

  • Traditional Architecture
  • Porch
  • Partially Carpeted
  • Separate Formal Living Room
  • Dining Room
  • Level Lot

About This Home

As of July 2012

3br,2ba in need of repairs, but has much potential. Being sold in "AS IS" cond. Need commitment letter or proof of funds & $1000 earnest money. Seller will pay up to 3% BCC's. Any unused portion of the paid BCC'S will be returned to seller. Great deal!

Last Agent to Sell the Property

Sue King

Sowell, Realtors License #24593 Listed on: 04/18/2012

Last Buyer's Agent

Sue King

Sowell, Realtors License #24593 Listed on: 04/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35 x 84.4
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,363 Sq Ft Home
  • 1.2-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • Speedway Terr Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021102 00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: TUTWILER
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK B
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 6.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1363
  • Year Built: 1930
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding

Garage/Parking

  • Parking Storage: Street Parking Only

Lot Info

  • Lot Description: Level
  • Lot Number: S PT 99
  • Acreage: 0.06
  • Lot Size: 35 X 84.4

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 021102 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Sep 10, 2012
Sold by
Pham Cindy
Bought by
Luong Hung
Seller's Agent
Sue King
Sowell, Realtors
Buyer's Agent
Sue King
Sowell, Realtors
List Price
$10,890
Sold Price
$9,500
Premium/Discount to List
-$1,390
-12.76%
Current Estimated Value
$130,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,043
Avg. Annual Appreciation
20.81%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Li John and Wong Susan
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 29, 2007
Sold by
Alexander Charles W
Bought by
Li John and Wong Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,136
Interest Rate
8.22%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 18, 2006
Sold by
Page James
Bought by
Alexander Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,440
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Luong Hung $9,500 None Available
Jpmorgan Chase Bank National Association $11,995 None Available
Li John $63,920 None Available
Alexander Charles W $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li John $51,136
Previous Owner Alexander Charles W $60,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $9,500 -12.8% $8 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $10,890 -- $9 / 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 $719 $32,850 $5,075 $27,775
2024 $719 $21,200 $2,000 $19,200
2023 $1,291 $21,200 $2,000 $19,200
2022 $1,291 $21,200 $2,000 $19,200
2021 $1,307 $21,200 $2,000 $19,200
2020 $1,283 $17,700 $2,000 $15,700
2019 $1,283 $17,700 $2,000 $15,700
2018 $1,283 $17,700 $2,000 $15,700
2017 $727 $17,700 $2,000 $15,700
2016 $749 $17,150 $0 $0
2014 $749 $17,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3245438

Memphis Area Association of REALTORS®

APN: 02-1102-0-0037