NOT LISTED FOR SALE

731 Litty Ct Unit 303 Memphis, TN 38103

South Main Neighborhood

Estimated Value: $215,000 - $265,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $115,000 $64 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,478/month

106 Days on Market

Highlights

  • Gated Parking
  • 1 Fireplace
  • Central Heating and Cooling System
  • Traditional Architecture
  • Community Pool
  • Level Lot

About This Home

As of May 2012

For just 3% down you can own this home! Neutral decor, gleaming hardwood floors within a beautiful family rm w/ fp, Dining rm, Kitchen w/ updates appliances,2 spacoius bds, 2 ba, and pool for entire family to enjoy. MONTHLY HOA FEE - $238.05

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 12/13/2011

Last Buyer's Agent

Joel Lawrence

Life, REALTORS License #318721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,673 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 012050 A00070

Community Details

Overview

  • Carolina Lofts Condo & Carolina Lofts Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 745D
  • MAAR Subdivision Name: CAROLINA LOFTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 68.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1673
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer
  • Pool Description: Neighborhood

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 303
  • Acreage: 0.03
  • Lot Size: 44.00 X 77.50 IRR

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 012050 A00070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Mcdermott Jesse
Bought by
Koo Christopher and Koo Tracy
Current Estimated Value
$244,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$163,920
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$80,502

Purchase Details

Listed on
Dec 13, 2011
Closed on
Apr 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Mcdermott Jesse E
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Joel Lawrence
Life, REALTORS
List Price
$139,500
Sold Price
$115,000
Premium/Discount to List
-$24,500
-17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$103,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Brown Marvin and Henderson Jamyra
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 27, 2006
Sold by
Faxongillis Homes Inc
Bought by
Brown Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,040
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Koo Christopher $225,000 Memphis Title Company
Mcdermott Jesse E $115,000 Home Surety Title & Escrow L
Federal National Mortgage Association $238,284 None Available
Brown Marvin $217,550 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koo Christopher $180,000
Previous Owner Mcdermott Jesse E $103,500
Previous Owner Brown Marvin $174,040
Previous Owner Brown Marvin $32,632
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $115,000 -17.6% $72 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $139,500 -- $87 / 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 $1,754 $58,325 $6,150 $52,175
2024 $1,754 $51,750 $6,150 $45,600
2023 $3,152 $51,750 $6,150 $45,600
2022 $3,152 $51,750 $6,150 $45,600
2021 $1,785 $51,750 $6,150 $45,600
2020 $2,933 $40,475 $6,150 $34,325
2019 $1,294 $40,475 $6,150 $34,325
2018 $1,294 $40,475 $6,150 $34,325
2017 $1,324 $40,475 $6,150 $34,325
2016 $1,551 $35,500 $0 $0
2014 $1,551 $35,500 $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

    1 in this area

    38 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    Joel Lawrence

    Life, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3237269

Memphis Area Association of REALTORS®

APN: 01-2050-A0-0070

Tennessee Shelby County Memphis 38103 South Main

731 Litty Ct Unit 303, Memphis, TN

This home is located at 731 Litty Ct Unit 303, Memphis, TN 38103 since 13 December 2011 and is currently estimated at $244,422, approximately $135 per square foot. This property was built in 2006. 731 Litty Ct Unit 303 is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

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