NOT LISTED FOR SALE

Estimated Value: $164,000 - $183,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $145,000 $121 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,021/month

Highlights

  • 1 Fireplace
  • Outdoor Storage
  • 1-Story Property

About This Home

As of March 2021

Great house, great location near university. Always occupied by students renters. Quiet street.This property is tenant occupied and is being sold as such. This is an investment property not for immediate owner occupancy.

Last Agent to Sell the Property

Samuel Wilson

Adaro Realty, Inc. License #330592 Listed on: 03/15/2021

Last Buyer's Agent

Shannon Byers

John Green & Co., REALTORS License #307873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 74x97

Parking

  • 1 Parking Space

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,152 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Community Details

  • Elm Cove 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046040 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 758A
  • MAAR Subdivision Name: ELM COVE 1ST ADD
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1
  • Price Per Sq Ft: 125.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1152
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Lot Info

  • Lot Number: 2
  • Acreage: 0.17
  • Lot Size: 74X97
  • Price Per Acre: 852941

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 046040 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Mar 30, 2021
Sold by
Esco Enterprises Llc
Bought by
Kilmurray Michael
Seller's Agent
Samuel Wilson
Adaro Realty, Inc.
Buyer's Agent
Shannon Byers
John Green & Co., REALTORS
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$175,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,239
Avg. Annual Appreciation
4.25%
Original Mortgage
$108,750
Outstanding Balance
$98,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$77,209

Purchase Details

Closed on
Dec 21, 2018
Sold by
Peeler Michelle K
Bought by
Esco Enterprises Llc

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 30, 2016
Sold by
Jk2 Properties Llc
Bought by
Peeler K Michelle
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Melodie Schwam
Crye-Leike, Inc., REALTORS
List Price
$118,000
Sold Price
$100,000
Premium/Discount to List
-$18,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Jk Properties
Bought by
Jk2 Properties Llc

Purchase Details

Closed on
Jan 20, 2005
Sold by
Terry J Michael
Bought by
Jk Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Wiley Sudonna and Terry Blair L
Bought by
Terry J Michael and Terry Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
9%
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
Kilmurray Michael $145,000 Closetrak
Exit 74 Properties Llc -- None Listed On Document
Kilmurray Michael $145,000 None Listed On Document
Esco Enterprises Llc $90,000 None Available
Peeler K Michelle $100,000 None Available
Jk2 Properties Llc -- None Available
Jk Properties $73,000 --
Terry J Michael $60,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilmurray Michael $108,750
Closed Kilmurray Michael $108,750
Previous Owner Jk Properties $81,000
Previous Owner Terry J Michael $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $145,000 0.0% $145 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $145,000 +45.0% $145 / Sq Ft
12/29/2016 12/29/16 Sold $100,000 -15.3% $100 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $118,000 -- $118 / 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 $1,091 $39,925 $6,850 $33,075
2024 $1,091 $32,175 $5,475 $26,700
2023 $1,960 $32,175 $5,475 $26,700
2022 $1,960 $32,175 $5,475 $26,700
2021 $1,110 $32,175 $5,475 $26,700
2020 $1,679 $23,175 $5,475 $17,700
2019 $741 $23,175 $5,475 $17,700
2018 $741 $23,175 $5,475 $17,700
2017 $758 $23,175 $5,475 $17,700
2016 $976 $22,325 $0 $0
2014 $976 $22,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095181

Memphis Area Association of REALTORS®

APN: 04-6040-0-0013