NOT LISTED FOR SALE

Estimated Value: $83,761 - $106,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$58/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $80,000 $50 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $520/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Level Lot
  • Porch
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of October 2022

Investment Property! Makes a Great Student Rental, Traditional Rental, Or Rooming House! Formerly a Very Nice Cash Cow Rooming House (ALREADY SETUP FOR OPENING DAY 1)! 3k/month in Revenue! 6 Rentable Bedrooms and furnished now! If you decide to keep As a rooming house, you will get all information on how to run it (Business In A Box!)

Last Agent to Sell the Property

Rodney Adams

Avidian Real Estate Co., Inc. License #275296 Listed on: 09/07/2022

Last Buyer's Agent

Trovante Thompson

eXp Realty, LLC License #358245

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x118
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,407 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • F P Mcdonald Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045031 00017

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ORANGE MOUND
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1407
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: S PT 16
  • Acreage: 0.12
  • Lot Size: 45X118

Tax Info

  • Assessor Parcel Number: 045031 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 4, 2022
Sold by
730 Kent Land Trust
Bought by
Colossal Realty Group Limited Liability Compa
Seller's Agent
Rodney Adams
Avidian Real Estate Co., Inc.
Buyer's Agent
Trovante Thompson
eXp Realty, LLC
List Price
$88,900
Sold Price
$80,000
Premium/Discount to List
-$8,900
-10.01%
Views
1
Current Estimated Value
$93,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,440
Avg. Annual Appreciation
4.58%
Original Mortgage
$67,705
Outstanding Balance
$30,502
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$62,938

Purchase Details

Closed on
Jul 11, 2019
Sold by
Palmer Wesley
Bought by
Weaver Sherrie and 730 Kent Land Trust

Purchase Details

Closed on
Dec 3, 2008
Sold by
Fannie Mae
Bought by
Palmer Wesley

Purchase Details

Closed on
Aug 21, 2008
Sold by
Woods Anthony R
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 2, 2006
Sold by
Us Bank Na
Bought by
Woods Anthony R

Purchase Details

Closed on
Feb 10, 2006
Sold by
Tennessee Housing Development Agency
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 31, 2005
Sold by
Hud
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 30, 2004
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Nov 18, 2004
Sold by
Wire Loretta J
Bought by
Tennessee Housing Development Agency
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
Colossal Realty Group Limited Liability Compa $80,000 Foundation Title & Escrow
Weaver Sherrie -- None Available
Palmer Wesley $5,200 None Available
Citimortgage Inc $49,306 None Available
Woods Anthony R $8,450 Realty Title
Us Bank Na $8,450 None Available
Us Bank Na -- --
Hud $4,916 --
Tennessee Housing Development Agency $4,916 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colossal Realty Group Limited Liability Compa $67,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $80,000 -10.0% $57 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $88,900 -- $64 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $337 $22,950 $1,625 $21,325
2024 $337 $9,950 $750 $9,200
2023 $606 $9,950 $750 $9,200
2022 $606 $9,950 $750 $9,200
2021 $720 $9,950 $750 $9,200
2020 $674 $9,300 $750 $8,550
2019 $297 $9,300 $750 $8,550
2018 $297 $9,300 $750 $8,550
2017 $304 $9,300 $750 $8,550
2016 $422 $9,650 $0 $0
2014 $422 $9,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132901

Memphis Area Association of REALTORS®

APN: 04-5031-0-0017

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