NOT LISTED FOR SALE

Estimated Value: $103,000 - $158,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $21,000 $12 Per Sq Ft

Est. 549% increase in value since last sale

Current estimated payment $809/month

27 Days on Market

Highlights

  • 0.64 Acre Lot
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room

About This Home

As of April 2015

Great potential in this 1 1/2 story home. Home features a spacious living room, dining room, kitchen with lots of cabinets, 4 bedrooms, 2 baths, single car garage and a huge yard. Home is located by grocery stores, gas stations, library and parks.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 02/25/2015

Last Buyer's Agent

Kenneth Tate

Tate Realty and Construction License #56020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1931

Lot Details

  • 0.64 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,750 Sq Ft Home
  • 1.5-Story Property
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Community Details

  • Raines Haven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077036 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$797

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 763F
  • MAAR Subdivision Name: RAINESHAVEN
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 12
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1750
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 12
  • Acreage: 0.64
  • Lot Size: 28000
  • Price Per Acre: 38906

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 077036 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Mid South Homebuyers Inc
Bought by
Wagner Matthew J and Wagner Agnes
Current Estimated Value
$136,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,525
Outstanding Balance
$43,646
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$103,328

Purchase Details

Listed on
Feb 25, 2015
Closed on
Apr 8, 2015
Sold by
Fannie Mae
Bought by
Mid South Homebuyers Inc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$24,000
Sold Price
$21,000
Premium/Discount to List
-$3,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%

Purchase Details

Closed on
Nov 18, 2014
Sold by
Jubert Andrea Hermillia and Jubert Herman
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2006
Sold by
Wells Fargo Bank Na
Bought by
Jubert Herman and Jubert Andrea Hermillia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Sy Mamadou and Sy Deborah
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 6, 2005
Sold by
Nicf Corp
Bought by
United States Americans Disable Veterans

Purchase Details

Closed on
Nov 20, 2004
Sold by
Sy Mamadou
Bought by
N I C F Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Mallard Properties Llc
Bought by
Sy Mamadou and Sy Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Nolan Marcus L
Bought by
Mallard Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Frazier Hardy and Frazier Louise
Bought by
Hud
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
Wagner Matthew J $72,700 Saddle Creek Title Llc
Mid South Homebuyers Inc $21,500 Saddle Creek Title
Federal National Mortgage Association $56,668 None Available
Jubert Herman $52,500 Associates Closing & Title H
Wells Fargo Bank Na $97,433 --
United States Americans Disable Veterans -- --
N I C F Corp -- --
Sy Mamadou $91,500 --
Mallard Properties Llc $37,000 --
Hud $65,246 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Matthew J $54,525
Previous Owner Jubert Herman $52,500
Previous Owner Sy Mamadou $91,000
Previous Owner Mallard Properties Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $21,000 -12.5% $13 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $24,000 -- $15 / 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 $797 $36,300 $4,900 $31,400
2024 $797 $23,500 $3,825 $19,675
2023 $1,432 $23,500 $3,825 $19,675
2022 $1,432 $23,500 $3,825 $19,675
2021 $1,448 $23,500 $3,825 $19,675
2020 $1,148 $15,850 $3,825 $12,025
2019 $1,149 $15,850 $3,825 $12,025
2018 $1,149 $15,850 $3,825 $12,025
2017 $651 $15,850 $3,825 $12,025
2016 $520 $11,900 $0 $0
2014 $520 $11,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9945892

Memphis Area Association of REALTORS®

APN: 07-7036-0-0003