NOT LISTED FOR SALE

787 Berclair Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $104,000 - $134,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $25,000 $18 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $663/month

35 Days on Market

Highlights

  • 0.41 Acre Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of August 2012

3bedroom 1bath home being sold as is but have good potential. Seller will pay up to $500 toward an owner occupant buyer's home warranty

Last Agent to Sell the Property

Vanessa Marshall

BenchMark REALTORS, LLC License #268298 Listed on: 07/05/2012

Last Buyer's Agent

Kathy Newsom

BenchMark REALTORS, LLC License #258525

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.41 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,313 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Carport

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Milpink Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 054038 00018

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MILPINK
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1313
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 11
  • Acreage: 0.41

Tax Info

  • Assessor Parcel Number: 054038 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Aug 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hernandez Valente and Sanchez Maavigail
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Kathy Newsom
BenchMark REALTORS, LLC
List Price
$34,000
Sold Price
$25,000
Premium/Discount to List
-$9,000
-26.47%
Current Estimated Value
$116,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,750
Avg. Annual Appreciation
12.25%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Beckwith Brad
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 29, 2006
Sold by
Moore Lillian Breece
Bought by
Sweeney Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,450
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
Sold by
Sweeney Kerry
Bought by
Beckwith Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,450
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Valente $25,000 Fidelity Title & Escrow Inc
Federal Home Loan Mortgage Corporation $62,000 None Available
Sweeney Kerry $66,000 None Available
Beckwith Brad $71,070 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckwith Brad $56,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2012 08/29/12 Sold $25,000 -26.5% $21 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $34,000 -- $28 / 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 $636 $21,975 $6,525 $15,450
2024 $636 $18,775 $2,900 $15,875
2023 $1,144 $18,775 $2,900 $15,875
2022 $1,144 $18,775 $2,900 $15,875
2021 $1,157 $18,775 $2,900 $15,875
2020 $1,038 $14,325 $2,300 $12,025
2019 $1,038 $14,325 $2,300 $12,025
2018 $1,038 $14,325 $2,300 $12,025
2017 $589 $14,325 $2,300 $12,025
2016 $579 $13,250 $0 $0
2014 $579 $13,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Marshall

    Seller's Agent in 2012

    Vanessa Marshall

    BenchMark REALTORS, LLC

    (901) 461-8676

    29 Total Sales

    Vanessa Marshall
    Section Image
  • Kathy Newsom

    Buyer's Agent in 2012

    Kathy Newsom

    BenchMark REALTORS, LLC

    (901) 337-6905

    1 in this area

    70 Total Sales

    Kathy Newsom
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3251223

Memphis Area Association of REALTORS®

APN: 05-4038-0-0018

Tennessee Shelby County Memphis 38122 Berclair

787 Berclair Rd, Memphis, TN

Not Listed for Sale

Detached

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