NOT LISTED FOR SALE

Estimated Value: $324,953 - $356,000

4 Beds
2.5 Baths
2,800-2,999 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $318,000 $106 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,028/month

51 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Wood Flooring
  • Den
  • Level Lot

About This Home

As of December 2021

HOME BEING SOLD AS IS CONDITION , CASH OFFERS OR CONVENTION FINANCING, SELLER WILL REVIEW ALL HIGHEST AND BEST OFFERS AT 3PM NOVEMBER 4th 2021. LARRY WEISSMAN ATTORNEY CLOSING OFFICE 5118 PARK AVENUE . ALL OFFERS MUST HAVE PROOF OF FUNDS TO BE REVIEWED.

Last Agent to Sell the Property

John Amaefula

REMAX Experts License #272750 Listed on: 10/06/2021

REMAX Experts

Last Buyer's Agent

Sahid Adejumo

Grand Point Realty, LLC License #361673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 2006

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,883 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Den
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Gerland Creek Pd Phase 5 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D0256Y A00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

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 #: 787E
  • MAAR Subdivision Name: GERLAND CREEK PH5
  • List Price Per Sq Ft: 113
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 110.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2883
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 42
  • Acreage: 0.2
  • Lot Size: 89.36 X 123.54 IRR
  • Price Per Acre: 1625000

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0256Y A00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 15, 2021
Sold by
Powell Larry G and Powell Shirley
Bought by
Olufadi Yunusa
Seller's Agent
John Amaefula
REMAX Experts
Buyer's Agent
Sahid Adejumo
Grand Point Realty, LLC
List Price
$325,000
Sold Price
$318,000
Premium/Discount to List
-$7,000
-2.15%
Current Estimated Value
$340,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,372
Avg. Annual Appreciation
1.50%
Original Mortgage
$299,250
Outstanding Balance
$277,414
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$58,405

Purchase Details

Closed on
Oct 20, 2006
Sold by
Signature Building Group General Partner
Bought by
Powell Larry G and Powell Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,320
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Olufadi Yunusa $318,000 None Available
Powell Larry G $217,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olufadi Yunusa $299,250
Previous Owner Powell Larry G $174,320
Previous Owner Powell Larry G $43,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $318,000 -2.2% $114 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $325,000 -- $116 / 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 $1,985 $81,025 $15,525 $65,500
2024 $1,985 $58,550 $10,425 $48,125
2023 $1,985 $58,550 $10,425 $48,125
2022 $1,985 $58,550 $10,425 $48,125
2021 $2,020 $58,550 $10,425 $48,125
2020 $2,097 $51,775 $10,425 $41,350
2019 $2,097 $51,775 $10,425 $41,350
2018 $2,097 $51,775 $10,425 $41,350
2017 $2,128 $51,775 $10,425 $41,350
2016 $1,917 $43,875 $0 $0
2014 $1,917 $43,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110131

Memphis Area Association of REALTORS®

APN: D0-256Y-A0-0042