NOT LISTED FOR SALE

Estimated Value: $78,000 - $156,838

3 Beds
2 Baths
1,280 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $7,000 $5 Per Sq Ft

Est. 1,671% increase in value since last sale

Current estimated payment $740/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • Wood Flooring
  • Porch
  • 3-minute walk to Bickford Park & Community Center

About This Home

As of March 2014

This home is located at 864 N 7th St, Memphis, TN 38107 since 18 December 2013 and is currently estimated at $123,960, approximately $96 per square foot. This property was built in 1950. 864 N 7th St is a home located in Shelby County with nearby schools including Downtown Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Last Agent to Sell the Property

Fredrick Cunningham

Keller Williams License #277550 Listed on: 12/18/2013

Keller Williams

Last Buyer's Agent

Fredrick Cunningham

Keller Williams License #277550 Listed on: 12/18/2013

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50 x 212
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Community Details

  • Taylor Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 022032 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$975

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: TAYLOR
  • Corporate Own: Yes
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 5.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1280
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.24
  • Lot Size: 50 X 212

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 022032 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Mar 7, 2014
Sold by
Cunningham Darastine and Cunningham Fredrick
Bought by
Promise Development Corp
Seller's Agent
Fredrick Cunningham
Keller Williams
Buyer's Agent
Fredrick Cunningham
Keller Williams
List Price
$15,000
Sold Price
$7,000
Premium/Discount to List
-$8,000
-53.33%
Current Estimated Value
$123,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,960
Avg. Annual Appreciation
28.17%

Purchase Details

Closed on
Sep 20, 2012
Sold by
Li John and Wong Susan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 2006
Sold by
Alexander Charles
Bought by
Li John and Wong Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 2006
Sold by
Great American Homes
Bought by
Alexander Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2006
Sold by
Duetsche Bank Trust Co Americas
Bought by
Great American Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2006
Sold by
Lewis Warren
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2004
Sold by
Lewis Warren
Bought by
Lewis Warren and Gmr Silvery Moon Llc

Purchase Details

Closed on
Aug 16, 2001
Sold by
Maize M W
Bought by
Lewis Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
10.35%
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
Promise Development Corp $7,000 Regencey Title & Escrow Llc
Federal National Mortgage Association $9,600 None Available
Li John $52,000 None Available
Alexander Charles -- None Available
Great American Homes Llc $17,000 Resource Title Of Tennessee
Deutsche Bank Trust Co Americas $23,800 None Available
Lewis Warren -- --
Lewis Warren $47,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li John $46,800
Previous Owner Great American Homes Llc $50,400
Previous Owner Lewis Warren $42,300
Closed Lewis Warren $2,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2014 03/12/14 Sold $7,000 -53.3% $5 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $15,000 +141.8% $12 / Sq Ft
11/27/2012 11/27/12 Sold $6,203 +4.3% $5 / Sq Ft View Prior Sale
11/14/2012 11/14/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $5,950 -- $5 / 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 $975 $35,950 $1,900 $34,050
2024 $975 $28,750 $625 $28,125
2023 $1,751 $28,750 $625 $28,125
2022 $1,751 $28,750 $625 $28,125
2021 $858 $8,125 $625 $7,500
2020 $408 $5,625 $625 $5,000
2019 $45 $625 $625 $0
2018 $45 $625 $625 $0
2017 $26 $625 $625 $0
2016 $33 $750 $0 $0
2014 $94 $6,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3287237

Memphis Area Association of REALTORS®

APN: 02-2032-0-0042