NOT LISTED FOR SALE

Estimated Value: $86,000 - $117,200

2 Beds
1 Bath
1,200-1,399 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $49,000 $35 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $576/month

43 Days on Market

Highlights

  • 0.57 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Den
  • Storm Doors

About This Home

As of June 2018

New HVAC, electric, appliances, updated bath, automatic attached garage. New windows with iron security at all, iron security doors, new siding, original hardwood floors and tile, HUGE backyard. Fun built in nooks, TONS of charm not found in newer homes but with all the upgrading done. Being sold as is, but you won't need to do anything. Great investment opportunity with no rehabbing needed. Hurry this one won't last long.

Last Agent to Sell the Property

Angel Bennett

HelloHome License #336636 Listed on: 04/07/2018

Last Buyer's Agent

Wayne Moody

Epique Realty License #297485

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 1950

Lot Details

  • 0.57 Acre Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,230 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Den

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Raines Haven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 077035 00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$584

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 763F
  • MAAR Subdivision Name: RAINESHAVEN
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1230
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence
  • Exterior Windows: Vinyl Siding, Storm Door(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 37
  • Acreage: 0.57
  • Lot Size: 100X250 / 0.57
  • Price Per Acre: 85965

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 077035 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Jun 26, 2018
Sold by
Smith Peggy F and Boyd Gayle
Bought by
Lee Brittney D
Seller's Agent
Angel Bennett
HelloHome
Buyer's Agent
Wayne Moody
Epique Realty
List Price
$60,000
Sold Price
$49,000
Premium/Discount to List
-$11,000
-18.33%
Current Estimated Value
$96,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,121
Avg. Annual Appreciation
10.25%
Original Mortgage
$15,000
Outstanding Balance
$13,109
Interest Rate
4.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$85,311
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
Lee Brittney D $49,000 Preferred Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brittney D $15,000
Open Lee Brittany D $38,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $49,000 -18.3% $41 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $60,000 -- $50 / 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 $584 $27,425 $4,750 $22,675
2024 $584 $17,225 $3,725 $13,500
2023 $1,049 $17,225 $3,725 $13,500
2022 $1,049 $17,225 $3,725 $13,500
2021 $594 $17,225 $3,725 $13,500
2020 $940 $12,975 $3,725 $9,250
2019 $415 $12,975 $3,725 $9,250
2018 $415 $12,975 $3,725 $9,250
2017 $424 $12,975 $3,725 $9,250
2016 $591 $13,525 $0 $0
2014 $591 $13,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024201

Memphis Area Association of REALTORS®

APN: 07-7035-0-0025