NOT LISTED FOR SALE

7892 Terry Franklin Dr Memphis, TN 38133

Estimated Value: $229,000 - $280,000

3 Beds
2 Baths
1,345 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $143,000 $106 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,589/month

Highlights

  • 1 Fireplace
  • Oak Elementary School Rated A-
  • 1-Story Property

About This Home

As of June 2022

Say hello to your new home! This beautiful home located in 38133 is priced to rent and won't last long! Equipped with 1,345 sq. ft. of living space, 3 spacious bedrooms and 2 bathrooms. This newly renovated home features an open floor plan, an eat-in kitchen, and a living room that is perfect for entertaining. This property is a must see!

Last Agent to Rent the Property

Jerry Thornton

Premier Property Management Gr License #325902 Listed on: 04/15/2022

Co-Listed By

Nicholas Bolding

Keller Williams License #348505

Last Renter's Agent

Jerry Thornton

Premier Property Management Gr License #325902 Listed on: 04/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75x120

Parking

  • 1 Parking Space

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Winders Square Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0149 N00079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 855B
  • MAAR Subdivision Name: WINDERS SQUARE
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.23
  • Estimated Sq Ft: 1345
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

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

Lot Info

  • Lot Number: 72
  • Acreage: 0.2
  • Lot Size: 75X120
  • Price Per Acre: 8250

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: B0149 N00079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Magee Adam J and Magee Alexis
Bought by
Rei Nation Llc
Current Estimated Value
$261,211

Purchase Details

Listed on
Jun 24, 2018
Closed on
Aug 16, 2018
Sold by
Roark Michelle and Roark Phillip
Bought by
Magee Adam J and Magee Alexis
Seller's Agent
Mig Williams
eXp Realty, LLC
Buyer's Agent
Rebecca Reeves
Coldwell Banker Collins-Maury
List Price
$141,000
Sold Price
$143,000
Premium/Discount to List
$2,000
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$146,074
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 5, 2015
Sold by
Roark Michelle and Roark Phillip
Bought by
Roark Michelle and Roark Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,877
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2003
Sold by
Garrett Elbert and Garrett Flora
Bought by
Counce Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,169
Interest Rate
5.24%
Mortgage Type
FHA
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
Rei Nation Llc $190,000 Chicago Title Insurance Co
Magee Adam J $143,000 None Available
Roark Michelle -- Stewart Title Co
Counce Michelle $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magee Adam J $146,074
Previous Owner Roark Michelle $85,877
Previous Owner Counce Michelle $105,169
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Rented $1,650 0.0% --
05/09/2022 05/09/22 Price Changed $1,650 -5.7% $1 / Sq Ft
04/25/2022 04/25/22 Price Changed $1,750 -2.5% $1 / Sq Ft
04/15/2022 04/15/22 For Rent $1,795 0.0% --
08/16/2018 08/16/18 Sold $143,000 +1.4% $119 / Sq Ft View Prior Sale
06/24/2018 06/24/18 For Sale $141,000 -- $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 $2,454 $73,400 $12,500 $60,900
2024 $2,454 $47,925 $9,450 $38,475
2023 $2,454 $47,925 $9,450 $38,475
2022 $2,028 $39,600 $9,450 $30,150
2021 $2,059 $39,600 $9,450 $30,150
2020 $1,636 $27,825 $7,500 $20,325
2019 $509 $27,825 $7,500 $20,325
2018 $1,127 $27,825 $7,500 $20,325
2017 $1,653 $27,825 $7,500 $20,325
2016 $1,060 $24,250 $0 $0
2014 $1,060 $24,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121795

Memphis Area Association of REALTORS®

APN: B0-149-N-00079