NOT LISTED FOR SALE

7197 German Creek Park Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $114,000 - $157,270

3 Beds
2 Baths
1,400-1,599 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $49,000 $31 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $774/month

74 Days on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Patio
  • 1 Fireplace
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of February 2015

Great zero corner lot close to shopping and schools priced to sell quickly. Selling As Is. Prequalification letter required with all financed offers. Proof of funds required with all cash offers.

Last Agent to Sell the Property

Ahmad Muhammad

M & M Realty, LLC License #286244 Listed on: 10/31/2014

Last Buyer's Agent

Betty Booth

Omni, REALTORS License #323615

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1988

Lot Details

  • 6,098 Sq Ft Lot
  • End Unit
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,635 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Iron Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • German Creek Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093517 B00047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$540

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • MLS Map #: 787B
  • MAAR Subdivision Name: GERMAN CREEK PARK
  • List Price Per Sq Ft: 31
  • Number Of Stories: 2
  • Price Per Sq Ft: 29.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1635
  • Year Built: 1988
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet, Sprayed Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Corner
  • Lot Number: 47
  • Acreage: 0.14
  • Lot Size: .14AC44.12/60.97X105.65+10/120.01
  • Price Per Acre: 357143

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093517 B00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Feb 6, 2015
Sold by
Us Bank Trust Na
Bought by
Strive Llc Series 3 German Creek
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Betty Booth
Omni, REALTORS
List Price
$61,900
Sold Price
$49,000
Premium/Discount to List
-$12,900
-20.84%
Current Estimated Value
$133,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,818
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Puckett Cheryl Y
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Apr 16, 2003
Sold by
Cathey Felicia G
Bought by
Puckett Cheryl Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,650
Interest Rate
9.35%
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
Strive Llc Series 3 German Creek $49,000 Fidelity Title & Escrow
Us Bank Trust Na $58,496 None Available
Puckett Cheryl Y $88,500 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puckett Cheryl Y $89,247
Previous Owner Puckett Cheryl Y $16,135
Previous Owner Puckett Cheryl Y $79,650
Previous Owner Cathey Felicia G $8,000
Previous Owner Cathey Felicia G $15,000
Previous Owner Cathey Felicia $74,407
Previous Owner Cathey Felicia G $22,000
Closed Puckett Cheryl Y $4,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $49,000 -20.8% $35 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $61,900 -- $44 / 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 $540 $24,025 $7,500 $16,525
2024 $540 $15,925 $4,250 $11,675
2023 $970 $15,925 $4,250 $11,675
2022 $970 $15,925 $4,250 $11,675
2021 $981 $15,925 $4,250 $11,675
2020 $1,154 $15,925 $4,250 $11,675
2019 $1,154 $15,925 $4,250 $11,675
2018 $1,154 $15,925 $4,250 $11,675
2017 $655 $15,925 $4,250 $11,675
2016 $700 $16,025 $0 $0
2014 $700 $16,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ahmad Muhammad

    M & M Realty, LLC

    Section Image

  • B

    Buyer's Agent in 2015

    Betty Booth

    Omni, REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9939228

Memphis Area Association of REALTORS®

APN: 09-3517-B0-0047

Tennessee Shelby County Memphis 38125 Southern Shelby County

7197 German Creek Park, Memphis, TN

This home is located at 7197 German Creek Park, Memphis, TN 38125 since 31 October 2014 and is currently estimated at $133,818, approximately $83 per square foot. This property was built in 1988. 7197 German Creek Park is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and Christ the Rock Christian Academy.

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