NOT LISTED FOR SALE

7228 Isherwood Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $204,000 - $232,000

3 Beds
2 Baths
2,129 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $31,911 $15 Per Sq Ft

Est. 593% increase in value since last sale

Current estimated payment $1,299/month

117 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Partially Carpeted
  • 1 Fireplace
  • Porch
  • Level Lot

About This Home

As of January 2012

"HUD Home Sold AS-IS" HUD Case # 482-349124 Selling Agent can earn up to 3% depending on the bid they submit.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 06/05/2011

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Sheila Smith

Realty Capital Management, LLC License #274215

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 120
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,129 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • Burlington Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093511 A00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787B
  • MAAR Subdivision Name: BURLINGTON SEC A
  • Number Of Stories: 1
  • Price Per Sq Ft: 14.99
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2129
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.2
  • Lot Size: 75 X 120

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093511 A00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Marvin S Garden Llc
Bought by
Cotton Nicholas and Cotton Cheryl
Current Estimated Value
$221,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,125
Outstanding Balance
$1,286,655
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,079,058

Purchase Details

Closed on
Jul 11, 2013
Sold by
Johnston Sidney E
Bought by
Sm Fond Llc

Purchase Details

Listed on
Jun 5, 2011
Closed on
Jan 31, 2012
Sold by
Gp Memphis Cashflow
Bought by
Johnston Sidney E
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sheila Smith
Realty Capital Management, LLC
List Price
$68,000
Sold Price
$31,911
Premium/Discount to List
-$36,089
-53.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%

Purchase Details

Closed on
Jan 7, 2011
Sold by
Merriweather Andre and Merriweather Elnora
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 18, 2002
Sold by
Smada Enterprises
Bought by
Merriweather Andre and Merriweather Elnora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,532
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2001
Sold by
Burnett Michael A and Burnett Glendon S
Bought by
Hud
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
Cotton Nicholas $1,490,500 Saddle Creek Title Llc
Sm Fond Llc -- None Available
Johnston Sidney E $63,400 None Available
Gp Memphis Cash Flow $31,911 None Available
The Secretary Of Housing & Urban Develop $154,559 None Available
Merriweather Andre $95,000 American Title Company Inc
Hud $74,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Nicholas $1,564,125
Previous Owner Johnston Sidney E $64,400
Previous Owner Merriweather Andre $6,414
Previous Owner Merriweather Andre $6,036
Previous Owner Merriweather Andre $93,532
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $31,911 -53.1% $15 / Sq Ft
09/30/2011 09/30/11 Pending -- -- --
06/05/2011 06/05/11 For Sale $68,000 -- $32 / 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 $1,125 $54,550 $10,675 $43,875
2024 $1,125 $33,200 $5,550 $27,650
2023 $2,022 $33,200 $5,550 $27,650
2022 $2,022 $33,200 $5,550 $27,650
2021 $2,046 $33,200 $5,550 $27,650
2020 $789 $24,675 $5,550 $19,125
2019 $789 $24,675 $5,550 $19,125
2018 $789 $24,675 $5,550 $19,125
2017 $807 $24,675 $5,550 $19,125
2016 $943 $21,575 $0 $0
2014 $943 $21,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    5 in this area

    274 Total Sales

    Jimmie Tapley
    Section Image

  • S

    Buyer's Agent in 2012

    Sheila Smith

    Realty Capital Management, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3225172

Memphis Area Association of REALTORS®

APN: 09-3511-A0-0004

Tennessee Shelby County Memphis 38125 Southern Shelby County

7228 Isherwood Rd, Memphis, TN

This home is located at 7228 Isherwood Rd, Memphis, TN 38125 since 05 June 2011 and is currently estimated at $221,232, approximately $103 per square foot. This property was built in 1976. 7228 Isherwood Rd is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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