NOT LISTED FOR SALE

Estimated Value: $332,001 - $352,000

4 Beds
3 Baths
2,800-2,999 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 24, 2012

Last sale price $152,500 $51 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,019/month

40 Days on Market

Highlights

  • Fireplace in Hearth Room
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Keeping Room

About This Home

As of January 2012

AMAZING 4 BEDROOM 3 BATH HOME WITH 2 CAR GARAGE. YOU MUST SEE THIS DEAL TO BELIEVE IT. 4 BEDROOMS 3 BATHS, FORMAL DINING, HEARTH ROOM AND GAME ROOM. ACT FAST BEFORE THIS ONE IS GONE ** BANK OF AMERICA PREQUALIFICATION LETTER REQUIRED ON ALL OFFERS **

Last Agent to Sell the Property

Patrick McClay

Southeast Investors, LLC License #291935 Listed on: 10/31/2011

Last Buyer's Agent

Patrick McClay

Southeast Investors, LLC License #291935 Listed on: 10/31/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,883 Sq Ft Home
  • 2-Story Property
  • Fireplace in Hearth Room
  • Aluminum Window Frames
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Keeping Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Cove

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Gerland Creek Pd Phase 5 Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number D0256Y A00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,030

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: SHELBY DRIVE
  • MLS Map #: 787E
  • MAAR Subdivision Name: GERLAND CREEK PH5
  • Corporate Own: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 52.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2883
  • Year Built: 2006
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, In Keeping/Hearth room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Keeping/Hearth Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler
  • Exterior Windows: Brick Veneer, Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Cove, Landscaped, Wood Fenced
  • Lot Number: 5
  • Acreage: 0.26
  • Keeping Hearth Dimension: 13X12
  • Lot Size: 42.55 X 131.97 IRR

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: D0256Y A00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jan 12, 2012
Sold by
The Bank Of New York Mellon
Bought by
Hunt Edward
Seller's Agent
Patrick McClay
Southeast Investors, LLC
Buyer's Agent
Patrick McClay
Southeast Investors, LLC
List Price
$155,500
Sold Price
$152,500
Premium/Discount to List
-$3,000
-1.93%
Current Estimated Value
$340,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,750
Avg. Annual Appreciation
6.10%
Original Mortgage
$148,633
Outstanding Balance
$104,655
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$237,153

Purchase Details

Closed on
Sep 26, 2011
Sold by
Franklin Beverly
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 22, 2006
Sold by
Signature Building Group General Partner
Bought by
Franklin Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
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
Hunt Edward $152,500 First National Title Llc
The Bank Of New York Mellon $140,400 None Available
Franklin Beverly $236,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Edward $148,633
Previous Owner Franklin Beverly $188,800
Previous Owner Franklin Beverly $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2012 01/24/12 Sold $152,500 -1.9% $54 / Sq Ft
12/10/2011 12/10/11 Pending -- -- --
10/31/2011 10/31/11 For Sale $155,500 -- $56 / 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 $2,030 $81,475 $15,525 $65,950
2024 $2,030 $59,875 $10,425 $49,450
2023 $2,030 $59,875 $10,425 $49,450
2022 $2,030 $59,875 $10,425 $49,450
2021 $2,066 $59,875 $10,425 $49,450
2020 $1,963 $48,475 $10,425 $38,050
2019 $1,963 $48,475 $10,425 $38,050
2018 $1,963 $48,475 $10,425 $38,050
2017 $1,992 $48,475 $10,425 $38,050
2016 $1,736 $39,725 $0 $0
2014 $1,736 $39,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235206

Memphis Area Association of REALTORS®

APN: D0-256Y-A0-0005