$102,000
SOLD DEC 5, 2024
2 Beds
1 Bath
1,403 Sq Ft
0.26 Acres

Recently Sold

$73 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • 0.26 Acre Lot
  • Great Room
  • 1-Story Property

About This Home

As of December 2024

Fantastic investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 10/30/2024

Last Buyer's Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $281

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100x116

Home Design

  • Duplex

Interior Spaces

  • 1,403 Sq Ft Home
  • 1-Story Property
  • Great Room

Community Details

  • Churchwood Terrace S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027033 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$281

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Second Address Number: 858
  • MLS Map #: 741D
  • MAAR Subdivision Name: CHURCHWOOD TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.7
  • Estimated Sq Ft: 1403
  • Year Built: 1948
  • List Price/ Sq Ft: 75
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Lot Info

  • Lot Number: 49
  • Acreage: 0.26
  • Lot Size: 100X116
  • Price Per Acre: 403846
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 027033 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Pigeon Cay Llc
Bought by
Whitestone R/E Fund Iii Lp
Current Estimated Value
$98,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Outstanding Balance
$6,746
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$93,252

Purchase Details

Closed on
Jan 8, 2003
Sold by
Shaw Garland D and Shaw Edith H
Bought by
Shaw Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,550
Interest Rate
6.16%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Payne Horace G and Payne Willie L
Bought by
Shaw Garland D and Shaw Edith H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $60,000 Total Title Services
Interfamily Deed Transfer $600,000 --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,000 New Conventional
Previous Owner $512,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $102,000 -2.9% $73 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $105,000 -- $75 / 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 $281 $18,920 $3,000 $15,920
2024 $281 $8,280 $1,200 $7,080
2023 $504 $8,280 $1,200 $7,080
2022 $504 $8,280 $1,200 $7,080
2021 $510 $8,280 $1,200 $7,080
2020 $922 $12,720 $1,200 $11,520
2019 $922 $12,720 $1,200 $11,520
2018 $922 $12,720 $1,200 $11,520
2017 $523 $12,720 $1,200 $11,520
2016 $570 $13,040 $0 $0
2014 $570 $13,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10184246

Memphis Area Association of REALTORS®

APN: 02-7033-0-0001