NOT LISTED FOR SALE

Estimated Value: $101,000 - $111,000

2 Beds
1 Bath
1,176 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $38,000 $32 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $608/month

Highlights

  • Traditional Architecture
  • Porch
  • Partially Carpeted
  • 1 Fireplace
  • Patio
  • 1-Story Property

About This Home

As of July 2019

Estimated at over 1100 square feet, this 2 bedroom 1 bathroom home is sure to impress! This is a tenant occupied property being marketed to investors as an investment sale. Could be a great addition to your rental portfolio. Tenant just moved in to the property March 2019. Please do not disturb/approach the tenant. This home is one of the most affordable homes in 38111.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 03/26/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 162
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Community Details

  • Gooch's Carnes Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045083 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757B
  • MAAR Subdivision Name: GOOCHS CARNES AVE
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1176
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 13
  • Acreage: 0.18
  • Lot Size: 50 X 162
  • Price Per Acre: 233278

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 045083 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 23, 2019
Sold by
Jeanne Mg Llc
Bought by
Mtcs Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Elizabeth Glosson
Fast Track Realty, LLC
List Price
$41,990
Sold Price
$38,000
Premium/Discount to List
-$3,990
-9.5%
Current Estimated Value
$107,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,667
Avg. Annual Appreciation
18.10%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Mar 28, 2012
Sold by
Wark Christopher
Bought by
Jmg Llc
Seller's Agent
Juliette Moore
Crye-Leike, Inc., REALTORS
Buyer's Agent
Juliette Moore
Crye-Leike, Inc., REALTORS
List Price
$10,000
Sold Price
$7,500
Premium/Discount to List
-$2,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.48%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Feb 27, 2012
Sold by
Embry Deborah P
Bought by
Wark Christopher
Seller's Agent
Juliette Moore
Crye-Leike, Inc., REALTORS
Buyer's Agent
Juliette Moore
Crye-Leike, Inc., REALTORS
List Price
$10,000
Sold Price
$7,500
Premium/Discount to List
-$2,500
-25%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Ervin Chester
Bought by
Embry Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2005
Sold by
Jp Morgan Chase Bank
Bought by
Ervin Chester

Purchase Details

Closed on
Sep 17, 2004
Sold by
Ballard Stanley L and Ballard Mary J
Bought by
Jpmorgan Chase Bank and First Greensboro Home Equity Loan Trust

Purchase Details

Closed on
Jun 3, 1997
Sold by
Matlock Investments Inc
Bought by
Ballard Stanley L and Ballard Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 1997
Sold by
Turner Camille B
Bought by
Matlock Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back
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
Mtcs Llc $38,000 Mid South Title
Jmg Llc $29,700 None Available
Wark Christopher $7,500 Preferred Title & Escrow Llc
Embry Deborah P $55,000 Southern Trust Title Company
Ervin Chester $29,500 Associates Closing & Title H
Jpmorgan Chase Bank $41,672 --
Ballard Stanley L -- --
Matlock Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Embry Deborah P $55,000
Previous Owner Ballard Stanley L $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2019 07/23/19 Sold $38,000 -9.5% $32 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $41,990 0.0% $36 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $41,990 +459.9% $36 / Sq Ft
02/27/2012 02/27/12 Sold $7,500 -25.0% $8 / Sq Ft View Prior Sale
02/10/2012 02/10/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $10,000 -- $10 / 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 $470 $20,875 $2,450 $18,425
2024 $470 $13,875 $1,000 $12,875
2023 $845 $13,875 $1,000 $12,875
2022 $845 $13,875 $1,000 $12,875
2021 $479 $13,875 $1,000 $12,875
2020 $772 $10,650 $1,000 $9,650
2019 $340 $10,650 $1,000 $9,650
2018 $340 $10,650 $1,000 $9,650
2017 $348 $10,650 $1,000 $9,650
2016 $470 $10,750 $0 $0
2014 $470 $10,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048786

Memphis Area Association of REALTORS®

APN: 04-5083-0-0015