NOT LISTED FOR SALE

Estimated Value: $105,000 - $125,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $67,500 $42 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $668/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Outdoor Storage

About This Home

As of January 2017

Professionally managed investment property FOR SALE - Great investment opportunity, instant return on investment and cash flow! All of our homes are completely renovated and tenanted. *Please do not disturb tenant

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 08/18/2016

Co-Listed By

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,583

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,424 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Outdoor Storage
  • 9,583 Sq Ft Lot

Community Details

  • Westwood Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075160 00001

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: WESTWOOD DOWNS
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 47.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1424
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Lot Info

  • Lot Number: 72
  • Acreage: 0.22
  • Lot Size: 0.22
  • Price Per Acre: 306818

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 075160 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
3 Doors Tennessee Llc
Bought by
D & E Enterprises Llc
Current Estimated Value
$115,065

Purchase Details

Closed on
Oct 12, 2018
Sold by
Osterkamp Stephen Robert
Bought by
3 Doors Tennessee Llc

Purchase Details

Listed on
Aug 18, 2016
Closed on
Jan 17, 2017
Sold by
Jbj Properties Llc
Bought by
Osterkamp Stephen Robert
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$67,500
Sold Price
$67,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$54,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Balling Otto
Bought by
Jbj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2015
Sold by
Shelby County I 11 Lp
Bought by
Balling Otto

Purchase Details

Closed on
Feb 7, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Memphis Investment Rental Properties Llc

Purchase Details

Closed on
Feb 3, 2012
Sold by
Memphis Investment Rental Properties Llc
Bought by
Shelby County 1 11 Lp

Purchase Details

Closed on
Nov 29, 2011
Sold by
Tennesse Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 17, 2011
Sold by
Maxwell Tiffany
Bought by
Tennesee Housing Development Agency

Purchase Details

Closed on
Nov 28, 2010
Sold by
Bell Melissa
Bought by
Bell Melissa and Bell Frank Adams

Purchase Details

Closed on
Feb 20, 2008
Sold by
Maxwell Tiffany
Bought by
Seaborn Herman

Purchase Details

Closed on
Feb 28, 2000
Sold by
Burnett Chestine
Bought by
Maxwell Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,467
Interest Rate
8.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1999
Sold by
Bank Of America Illinois
Bought by
Burnett Chestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,100
Interest Rate
7.04%

Purchase Details

Closed on
Feb 11, 1999
Sold by
Evans Charles L and Evans Mae E
Bought by
Bank Of America Illinois and Eqcc Home Equity Loan Trust
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
D & E Enterprises Llc $98,250 Servicelink Llc
3 Doors Tennessee Llc -- Delta Title Services Llc
Osterkamp Stephen Robert $67,500 Delta Title Services Llc
Jbj Properties Llc $400,000 Delta Title Services Llc
Balling Otto -- Home Surety Title & Escrow L
Memphis Investment Rental Properties Llc $17,110 None Available
Shelby County 1 11 Lp $33,000 None Available
Secretary Of Housing & Urban Development $60,267 None Available
Tennesee Housing Development Agency $60,267 Oak Hills Land Title Agency
Bell Melissa -- None Available
Seaborn Herman -- None Available
Maxwell Tiffany $63,500 --
Burnett Chestine $32,400 --
Bank Of America Illinois $29,119 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osterkamp Stephen Robert $54,000
Previous Owner Jbj Properties Llc $350,000
Previous Owner Maxwell Tiffany $63,467
Previous Owner Burnett Chestine $29,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $67,500 0.0% $48 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $67,500 -- $48 / 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 -- $29,450 $2,525 $26,925
2024 $691 $20,375 $2,250 $18,125
2023 $1,241 $20,375 $2,250 $18,125
2022 $1,241 $20,375 $2,250 $18,125
2021 $553 $20,375 $2,250 $18,125
2020 $1,056 $14,575 $2,250 $12,325
2019 $466 $14,575 $2,250 $12,325
2018 $466 $14,575 $2,250 $12,325
2017 $477 $14,575 $2,250 $12,325
2016 $613 $14,025 $0 $0
2014 $613 $14,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9984547

Memphis Area Association of REALTORS®

APN: 07-5160-0-0001