NOT LISTED FOR SALE

715 Western Park Dr Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $105,404 - $116,000

3 Beds
1 Bath
1,800-1,999 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $17,125 $9 Per Sq Ft

Est. 526% increase in value since last sale

Current estimated payment $618/month

24 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • 1-Story Property
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 5-minute walk to Westwood Park

About This Home

As of April 2012

Buy this home for just 3% down. The property is tenant occupied with a section 8 tenant. 24HRS notice is needed in view. Great investement property that will produce positive cash flow! Kitchen, living rm, 3 bds, 1 bath, and 1 car carport.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 12/06/2011

Last Buyer's Agent

Chris Peak

Enterprise, REALTORS License #300541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $594

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,475 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Westwood Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075142 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$594

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: WESTWOOD HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 11.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1475
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 12
  • Acreage: 0.16
  • Lot Size: 1475 SQ FT

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075142 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Mar 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Hiz Thomas
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Chris Peak
Enterprise, REALTORS
List Price
$16,500
Sold Price
$17,125
Premium/Discount to List
$625
3.79%
Current Estimated Value
$107,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,013
Avg. Annual Appreciation
14.64%

Purchase Details

Closed on
Sep 22, 2011
Sold by
Young Robert L and Young Earline
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 14, 2011
Sold by
Young Robert Lee
Bought by
International Society Of Indigenous Sove

Purchase Details

Closed on
May 7, 1996
Sold by
Va
Bought by
Young Robert L and Young Earline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Hiz Thomas $17,125 Alliance Title & Escrow Llc
Federal National Mortgage Association $26,250 None Available
International Society Of Indigenous Sove -- None Available
Young Robert L $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Robert L $63,900
Previous Owner Young Robert L $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2012 04/04/12 Sold $17,125 +3.8% $10 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
12/06/2011 12/06/11 For Sale $16,500 -- $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 $594 $26,650 $2,525 $24,125
2024 $594 $17,525 $2,150 $15,375
2023 $1,068 $17,525 $2,150 $15,375
2022 $1,068 $17,525 $2,150 $15,375
2021 $1,080 $17,525 $2,150 $15,375
2020 $1,074 $14,825 $2,150 $12,675
2019 $1,074 $14,825 $2,150 $12,675
2018 $1,074 $14,825 $2,150 $12,675
2017 $609 $14,825 $2,150 $12,675
2016 $572 $13,100 $0 $0
2014 $572 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    3 in this area

    38 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Chris Peak

    Enterprise, REALTORS

    (731) 217-9935

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3236978

Memphis Area Association of REALTORS®

APN: 07-5142-0-0011

Tennessee Shelby County Memphis 38109 Westwood

715 Western Park Dr, Memphis, TN

This home is located at 715 Western Park Dr, Memphis, TN 38109 since 06 December 2011 and is currently estimated at $108,851, approximately $54 per square foot. This property was built in 1966. 715 Western Park Dr is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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