NOT LISTED FOR SALE

Estimated Value: $199,768 - $217,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 30, 2015

Last sale price $105,850 $66 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,321/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Tile Flooring
  • 1 Fireplace
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of May 2015

CASH FLOW on DAY 1 with this investment property- already fully rehabbed and rented for $1,095 a Month! Renovation includes New Furnace! New Roof, New Vinyl Plank Flooring that will save Thousands in Re-Rent Cost! Our renovations help achieve top of market rents and reduced maintenance cost. Other upgrades include oil bronze fans, ceramic tile in kitchen and bathrooms, carpet in the bedrooms, brand new electrical fixtures, fresh landscaping and much more!

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 03/23/2015

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 03/23/2015

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,565 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Bennington Sec A 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093523 B00004

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 786F
  • MAAR Subdivision Name: BENNINGTON SEC A-2
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1565
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Covered Patio

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.23
  • Lot Size: 80 X 128.19/128.35
  • Price Per Acre: 460217

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093523 B00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
May 29, 2015
Sold by
Memphis Turnkey Properties Gp
Bought by
Loo Tipton and Lau Jackie
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$105,850
Sold Price
$105,850
Current Estimated Value
$207,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,842
Avg. Annual Appreciation
6.64%
Original Mortgage
$82,320
Outstanding Balance
$32,763
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$171,946

Purchase Details

Listed on
Oct 2, 2014
Closed on
Nov 21, 2014
Sold by
Craig Alex
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
Crystal Mitchell
Crye-Leike Inc., REALTORS
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$75,000
Sold Price
$69,140
Premium/Discount to List
-$5,860
-7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.83%
Original Mortgage
$85,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2014
Sold by
Suntrust Mortgage Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 25, 2013
Sold by
Secretary Of Hud
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jun 20, 2007
Sold by
Foster Jeffery L and Foster Kathleen M
Bought by
Secretary Of Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,650
Interest Rate
6.35%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1998
Sold by
Hendren Joe S and Hendren Nancy K
Bought by
Foster Jeffery L and Foster Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,579
Interest Rate
7.11%
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
Loo Tipton $102,900 Saddle Creek Title Llc
Memphis Turnkey Properties Gp -- Saddle Creek Title Llc
Craig Alex $69,140 None Available
Secretary Of Hud -- None Available
Suntrust Mortgage Inc -- None Available
Secretary Of Hud $112,923 None Available
Foster Jeffery L $93,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loo Tipton $82,320
Previous Owner Memphis Turnkey Properties Gp $85,000
Previous Owner Foster Jeffery L $111,650
Previous Owner Foster Jeffery L $15,327
Previous Owner Foster Jeffery L $12,419
Previous Owner Foster Jeffery L $93,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2015 05/30/15 Sold $105,850 0.0% $76 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $105,850 +53.1% $76 / Sq Ft
11/21/2014 11/21/14 Sold $69,140 -7.8% $44 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $75,000 -- $48 / 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 -- $46,600 $6,150 $40,450
2024 -- $37,150 $5,475 $31,675
2023 $2,263 $37,150 $5,475 $31,675
2022 $2,263 $37,150 $5,475 $31,675
2021 $2,290 $37,150 $5,475 $31,675
2020 $1,728 $23,850 $5,475 $18,375
2019 $1,728 $23,850 $5,475 $18,375
2018 $1,728 $23,850 $5,475 $18,375
2017 $980 $23,850 $5,475 $18,375
2016 $966 $22,100 $0 $0
2014 $966 $22,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947683

Memphis Area Association of REALTORS®

APN: 09-3523-B0-0004