NOT LISTED FOR SALE

6934 Tobin Dr Memphis, TN 38133

Estimated Value: $111,000 - $157,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $72,900 $52 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $790/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Zero Lot Line
  • Level Lot

About This Home

As of October 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 07/10/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 07/10/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Zero Lot Line

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,264 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Hillshire Sec N Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095317 K00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MAAR Subdivision Name: HILLSHIRE SEC N
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1264
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 11
  • Acreage: 0.11
  • Lot Size: 0.1195AC 43.38 X 120
  • Zero Lot Line: Yes

Tax Info

  • Assessor Parcel Number: 095317 K00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Oct 31, 2014
Sold by
Memphis Invest Gp
Bought by
Your Dynasty Investment Solutions Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$72,900
Sold Price
$72,900
Current Estimated Value
$138,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,377
Avg. Annual Appreciation
5.81%
Original Mortgage
$100,080
Outstanding Balance
$34,460
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,734

Purchase Details

Listed on
Jul 10, 2014
Closed on
Sep 4, 2014
Sold by
209 Front Street Llc
Bought by
Wilkins Dawn P and Wilkins Steven W
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$72,900
Sold Price
$72,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,080
Outstanding Balance
$34,460
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,734

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 9, 2014
Sold by
Pegasus Developments Llc
Bought by
Memphis Invest Gp
Seller's Agent
Jessica Buffington
HelloHome
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2012
Sold by
Wells Farog Bank Na
Bought by
Pegasus Development Llc

Purchase Details

Closed on
Jun 25, 2012
Sold by
Pegg Shirley Jean Moss
Bought by
Wells Fargo Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Your Dynasty Investment Solutions Llc $72,900 None Available
Wilkins Dawn P $190,000 None Available
Memphis Invest Gp $20,000 None Available
Pegasus Development Llc $26,250 None Available
Wells Fargo Bank National Association $43,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Your Dynasty Investment Solutions Llc $100,080
Previous Owner Memphis Invest Gp $2,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2014 10/31/14 Sold $72,900 +264.5% $61 / Sq Ft
07/10/2014 07/10/14 Sold $20,000 -72.6% $17 / Sq Ft View Prior Sale
07/10/2014 07/10/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $72,900 +108.9% $61 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $34,900 -- $29 / 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 $814 $32,975 $3,500 $29,475
2024 $814 $24,025 $3,325 $20,700
2023 $1,464 $24,025 $3,325 $20,700
2022 $1,464 $24,025 $3,325 $20,700
2021 $1,481 $24,025 $3,325 $20,700
2020 $1,031 $14,225 $3,325 $10,900
2019 $1,031 $14,225 $3,325 $10,900
2018 $1,031 $14,225 $3,325 $10,900
2017 $585 $14,225 $3,325 $10,900
2016 $645 $14,750 $0 $0
2014 $645 $14,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9931018

Memphis Area Association of REALTORS®

APN: 09-5317-K0-0003