NOT LISTED FOR SALE

Estimated Value: $336,000 - $406,000

2 Beds
3 Baths
2,400-2,599 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $268,000 $103 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,272/month

38 Days on Market

Highlights

  • Gated Parking
  • Vaulted Ceiling
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2018

Live in a unique, charming, and super cool urban home in the heart of Cooper Young. The building was originally a grocery store and has had other lives as a blacksmith's shop and psychologist's office - could be re-purposed as a live-work area with zoning variance. Enjoy the spacious open floor plan, large renovated kitchen, renovated baths, concrete floors and vast upstairs bedroom space. Walk to CY business and restaurant district. One of a kind opportunity. You must see this one!

Last Agent to Sell the Property

Joe Spake

NextHome Cornerstone Realty License #259388 Listed on: 04/02/2018

NextHome Cornerstone Realty

Last Buyer's Agent

Cathy Ivey

Enterprise, REALTORS License #294955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1928

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,470 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Iron Doors

Parking

  • Driveway
  • Gated Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Richland Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031051 00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 746J
  • MAAR Subdivision Name: COOPER YOUNG
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 108.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2470
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Renovated Bathroom, Luxury Primary Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Security System, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Bonus Room, Storage Room
  • Total Bathrooms: 1.2
  • P R I M A R Y B E D R O O M: Level 1, Vaulted/Coffered Ceiling, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Stone, Wood Window(s)
  • Foundation: Slab
  • Roof: Built-Up/Flat

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s), Gated Parking

Utilities

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

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level
  • Lot Number: 47
  • Acreage: 0.07
  • Lot Size: 0.0714AC
  • Price Per Acre: 3898571

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 031051 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 29, 2018
Sold by
Lumb David Andrew and Lumb Lisa
Bought by
Davis Kelby and Davis Hayley
Seller's Agent
Joe Spake
NextHome Cornerstone Realty
Buyer's Agent
Cathy Ivey
Enterprise, REALTORS
List Price
$272,900
Sold Price
$268,000
Premium/Discount to List
-$4,900
-1.8%
Current Estimated Value
$375,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,087
Avg. Annual Appreciation
4.99%
Original Mortgage
$259,960
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2015
Closed on
Aug 14, 2015
Sold by
William Spencer Investment Services Trus
Bought by
Lumb David Andrew and Lumb Lisa
Seller's Agent
Steve Solomon
Sowell, Realtors
Buyer's Agent
Rosemary Stoots
Sowell, Realtors
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%
Original Mortgage
$89,900
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2008
Sold by
Spencer William M
Bought by
Spencer Mary Beth and Foster Donna

Purchase Details

Closed on
Nov 23, 2008
Sold by
Spencer Mary G
Bought by
Spencer William M

Purchase Details

Closed on
Jul 9, 1996
Sold by
Spencer Mary Elizabeth Gaston
Bought by
Spencer John Henry
Source: Public Records

Range of Values:

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Average Value
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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
Davis Kelby $268,000 Executive Title & Closing
Lumb David Andrew $139,900 Fntg
Spencer Mary Beth -- None Available
Spencer William M -- None Available
Spencer John Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kelby $30,000
Open Davis Kelby $265,600
Closed Davis Kelby $264,000
Closed Davis Kelby $259,960
Previous Owner Lumb David Andrew $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $268,000 -1.8% $112 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $272,900 +95.1% $114 / Sq Ft
08/14/2015 08/14/15 Sold $139,900 0.0% $58 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $139,900 -- $58 / 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 $2,750 $91,825 $9,475 $82,350
2024 $2,750 $81,125 $8,000 $73,125
2023 $4,942 $81,125 $8,000 $73,125
2022 $4,942 $81,125 $8,000 $73,125
2021 $5,000 $81,125 $8,000 $73,125
2020 $4,451 $61,425 $7,200 $54,225
2019 $1,963 $61,425 $7,200 $54,225
2018 $2,110 $52,100 $7,200 $44,900
2017 $1,704 $52,100 $7,200 $44,900
2016 $1,942 $44,450 $0 $0
2014 $1,678 $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10023765

Memphis Area Association of REALTORS®

APN: 03-1051-0-0035