NOT LISTED FOR SALE

Estimated Value: $153,000 - $188,000

2 Beds
1 Bath
100-999 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $87,000 $87 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $961/month

Highlights

  • Traditional Architecture
  • Storage Room
  • Floor Furnace
  • Sun or Florida Room
  • Combination Dining and Living Room
  • Wall to Wall Carpet

About This Home

As of September 2016

All Brick Home in the U of M Area * New Carpets * Fresh Paint * 2BR + Sunroom * Updated Bath * Detached Storage Building could be converted back to a Garage * Refrigerator, washer & dryer to stay.

Last Agent to Sell the Property

Chris Meyer

Crye-Leike, Inc., REALTORS License #234625 Listed on: 07/26/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Steven Mizell

Reid, REALTORS License #325470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $908

Year Built

  • Built in 1945

Lot Details

  • 6,534 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 989 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Wall to Wall Carpet
  • Pull Down Stairs to Attic
  • Iron Doors
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Gas Water Heater

Community Details

  • Elm Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046041 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$908

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758A
  • MAAR Subdivision Name: ELM COVE
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 989
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Other Rooms: Sun Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional

Garage/Parking

  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 17
  • Acreage: 0.15
  • Lot Size: 60/63.67 X 120/100
  • Price Per Acre: 633333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 046041 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 7, 2016
Sold by
Gardner Mark B and Broom Robert P
Bought by
Ferrari William T and Ferrari Kris
Seller's Agent
Chris Meyer
Crye-Leike, Inc., REALTORS
Buyer's Agent
Steven Mizell
Reid, REALTORS
List Price
$95,000
Sold Price
$87,000
Premium/Discount to List
-$8,000
-8.42%
Current Estimated Value
$167,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,042
Avg. Annual Appreciation
7.42%
Original Mortgage
$82,650
Outstanding Balance
$66,124
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$100,918

Purchase Details

Closed on
Jun 28, 2002
Sold by
Donovan John P
Bought by
Gardner Mark B and Broom Ii Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
6.79%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Rs Donovan John P
Bought by
Donovan John Patrick

Purchase Details

Closed on
May 28, 1996
Sold by
Scheibelhut Robert John
Bought by
Donovan John P and Ashford Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,161
Interest Rate
7.93%
Mortgage Type
FHA
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
Ferrari William T $87,000 None Available
Gardner Mark B $66,500 Realty Title
Donovan John Patrick -- --
Donovan John P $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari William T $82,650
Previous Owner Gardner Mark B $53,200
Previous Owner Donovan John P $59,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2016 09/07/16 Sold $87,000 -8.4% $870 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $95,000 -- $950 / 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 $908 $33,100 $5,800 $27,300
2024 $908 $26,775 $4,650 $22,125
2023 $1,631 $26,775 $4,650 $22,125
2022 $1,631 $26,775 $4,650 $22,125
2021 $924 $26,775 $4,650 $22,125
2020 $1,467 $20,250 $4,650 $15,600
2019 $647 $20,250 $4,650 $15,600
2018 $647 $20,250 $4,650 $15,600
2017 $662 $20,250 $4,650 $15,600
2016 $732 $16,750 $0 $0
2014 $732 $16,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982783

Memphis Area Association of REALTORS®

APN: 04-6041-0-0004