NOT LISTED FOR SALE

Estimated Value: $257,000 - $304,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $94,000 $52 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,629/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Covered Patio or Porch
  • Main Floor Primary Bedroom
  • Great Room
  • 2 Car Attached Garage

About This Home

As of July 2012

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage.

Last Agent to Sell the Property

Shane Fortune

Fortune Realty LLC License #291388 Listed on: 04/12/2012

Last Buyer's Agent

Elaine Muhammad

KAIZEN Realty, LLC License #274557

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Wood Fence
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,796 Sq Ft Home
  • 1.5-Story Property
  • Factory Built Fireplace
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Gerland Creek Pd Phase 8 Pt Of Par 3& 5 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0256Y B00077

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,669

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787E
  • MAAR Subdivision Name: GERLAND CREEK PH8
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 52.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1796
  • Year Built: 2007
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 234
  • Acreage: 0.17
  • Lot Size: 60 X 125

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0256Y B00077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jul 26, 2012
Sold by
Fannie Mae
Bought by
Mitchell Gwendolyn
Seller's Agent
Shane Fortune
Fortune Realty LLC
Buyer's Agent
Elaine Muhammad
KAIZEN Realty, LLC
List Price
$91,000
Sold Price
$94,000
Premium/Discount to List
$3,000
3.3%
Current Estimated Value
$277,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,507
Avg. Annual Appreciation
8.25%
Original Mortgage
$86,400
Outstanding Balance
$60,094
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$205,162

Purchase Details

Closed on
Jan 13, 2012
Sold by
Richardson Albert D and Sanders Correada
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 17, 2007
Sold by
Signature Bldg Group General Prtnrshp
Bought by
Richardson Albert and Sanders Correada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Mitchell Gwendolyn $96,000 None Available
Federal National Mortgage Association $217,985 None Available
Richardson Albert $175,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Gwendolyn $86,400
Previous Owner Richardson Albert $175,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2012 07/26/12 Sold $94,000 +3.3% $59 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $91,000 -- $57 / 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 $1,669 $64,925 $15,525 $49,400
2024 $1,669 $49,225 $10,425 $38,800
2023 $1,669 $49,225 $10,425 $38,800
2022 $1,669 $49,225 $10,425 $38,800
2021 $1,698 $49,225 $10,425 $38,800
2020 $1,636 $40,400 $10,425 $29,975
2019 $1,636 $40,400 $10,425 $29,975
2018 $1,636 $40,400 $10,425 $29,975
2017 $1,660 $40,400 $10,425 $29,975
2016 $1,540 $35,250 $0 $0
2014 $1,540 $35,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3244928

Memphis Area Association of REALTORS®

APN: D0-256Y-B0-0077