NOT LISTED FOR SALE

Estimated Value: $87,000 - $112,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $69,900 $50 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $547/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System

About This Home

As of July 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $725 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 06/17/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,219 Sq Ft Home
  • 1-Story Property
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045076 00010

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ORANGE MOUND
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1219
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 57
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 045076 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 28, 2020
Sold by
Memphis Investment Properties Llc
Bought by
Mussalli Andrew and Mussalli Diane
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$95,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,358
Avg. Annual Appreciation
6.72%
Original Mortgage
$55,920
Outstanding Balance
$49,475
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$51,467

Purchase Details

Closed on
Sep 15, 2016
Sold by
Memphis Investments Properties Llc
Bought by
Tennessee Investments Rental Properties

Purchase Details

Closed on
Mar 13, 2003
Sold by
Reedy Debra L
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.86%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Less Bert A
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
12%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Citifinancial Mtg Company Inc
Bought by
Less Bert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
12%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Barker James and Barker Ella
Bought by
Citifinancial Mtg

Purchase Details

Closed on
Feb 22, 2000
Sold by
Tennessee Rehab Inc
Bought by
Barker James and Barker Ella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.21%

Purchase Details

Closed on
Nov 12, 1999
Sold by
United Companies Lending Corp
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
12%

Purchase Details

Closed on
Oct 15, 1999
Sold by
Zuber Minnie B
Bought by
United Companies Lending Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mussalli Andrew $69,900 Delta Title Services Llc
Tennessee Investments Rental Properties -- None Available
Tennessee Rehab Inc -- --
Reedy Debra L -- --
Tennessee Rehab Inc -- --
Less Bert $33,000 --
Citifinancial Mtg $38,600 --
Barker James $57,000 --
Barker James $57,000 --
Tennessee Rehab Inc $22,000 --
Tennessee Rehab Inc $22,000 --
United Companies Lending Corp $31,500 --
United Companies Lending Corp $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mussalli Andrew $55,920
Previous Owner Reedy Debra L $48,000
Previous Owner Tennessee Rehab Inc $30,000
Previous Owner Barker James $57,000
Previous Owner Tennessee Rehab Inc $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $69,900 0.0% $58 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $69,900 -- $58 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $550 $23,250 $1,625 $21,625
2024 $550 $16,225 $750 $15,475
2023 $988 $16,225 $750 $15,475
2022 $988 $16,225 $750 $15,475
2021 $560 $16,225 $750 $15,475
2020 $473 $6,525 $750 $5,775
2019 $209 $6,525 $750 $5,775
2018 $209 $6,525 $750 $5,775
2017 $213 $6,525 $750 $5,775
2016 $374 $8,550 $0 $0
2014 $374 $8,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078882

Memphis Area Association of REALTORS®

APN: 04-5076-0-0010

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