$42,000
SOLD NOV 14, 2022
3 Beds
1 Bath
1,200-1,399 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

40% Below List Price

156 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • 1 Fireplace

About This Home

As of September 2024

Great investment property in up and coming location with rapidly rising rental rates! Brick exterior and structurally solid, just in need of your creative cosmetic finishes! Quick close preferred and property being sold as-is. Please do all due diligence before presenting an offer. Call CSS for a private showing and call the listing agent with any questions. Act fast before it's gone!

Last Agent to Sell the Property

Tyler Bowman

Weichert, REALTORS-BenchMark License #333215 Listed on: 05/25/2022

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Lois Dennison

Crye-Leike, Inc., REALTORS License #348415

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,361 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038012 00011

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 751A
  • MAAR Subdivision Name: HILLCREST
  • List Price Per Sq Ft: 37
  • Number Of Stories: 1
  • Price Per Sq Ft: 30.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1361
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Garage/Parking

  • Parking Storage: Street Parking Only

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 82
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 293529

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 038012 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Sep 18, 2024
Sold by
Marquez German Varela
Bought by
Bailey Brandon Joseph
Seller's Agent
Lois Dennison
Crye-Leike, Inc., REALTORS
Buyer's Agent
Terryn Offiong
TOP Realtors & Associates LLC
List Price
$160,000
Sold Price
$160,000
Views
95
Current Estimated Value
$153,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,094
Avg. Annual Appreciation
-5.51%
Original Mortgage
$6,000
Outstanding Balance
$4,685
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$147,700

Purchase Details

Listed on
May 25, 2022
Closed on
Nov 14, 2022
Sold by
Gem Properties Llc
Bought by
Varela Marquez German
Seller's Agent
Tyler Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Lois Dennison
Crye-Leike, Inc., REALTORS
List Price
$69,900
Sold Price
$42,000
Premium/Discount to List
-$27,900
-39.91%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.47%

Purchase Details

Closed on
Jul 13, 2022
Sold by
County Of Shelby
Bought by
Gem Properties Llc

Purchase Details

Closed on
Jun 18, 2007
Sold by
Tippett William E
Bought by
Turner Patty J

Purchase Details

Closed on
Jul 7, 2006
Sold by
Turner Patty J
Bought by
Tippett William E
Source: Public Records

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Range of Values:

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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 $160,000 Edco Title & Closing Services
Warranty Deed $42,000 Omega Title And Escrow Service
Quit Claim Deed $35,770 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,000 FHA
Open $156,695 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $160,000 0.0% $133 / Sq Ft
09/03/2024 09/03/24 For Sale $160,000 0.0% $133 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $160,000 -3.0% $133 / Sq Ft
07/09/2024 07/09/24 Price Changed $165,000 -2.9% $138 / Sq Ft
06/14/2024 06/14/24 For Sale $170,000 +304.8% $142 / Sq Ft
11/14/2022 11/14/22 Sold $42,000 -15.8% $35 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $49,900 -16.7% $42 / Sq Ft
07/26/2022 07/26/22 Price Changed $59,900 -14.3% $50 / Sq Ft
05/25/2022 05/25/22 For Sale $69,900 -- $58 / 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 -- $39,775 $2,250 $37,525
2024 $264 $7,775 $1,125 $6,650
2023 $474 $7,775 $1,125 $6,650
2022 $123 $0 $0 $0
2021 $563 $7,775 $1,125 $6,650
2020 $466 $6,425 $1,125 $5,300
2019 $205 $6,425 $1,125 $5,300
2018 $205 $6,425 $1,125 $5,300
2017 $210 $6,425 $1,125 $5,300
2016 $357 $8,175 $0 $0
2014 $357 $8,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124805

Memphis Area Association of REALTORS®

APN: 03-8012-0-0011