NOT LISTED FOR SALE

867 Cypress Dr Memphis, TN 38112

Hyde Park Neighborhood

Estimated Value: $120,830 - $186,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $97,000 $54 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $956/month

7 Days on Market

Highlights

  • 0.31 Acre Lot
  • Wood Flooring
  • Sun or Florida Room
  • Traditional Architecture
  • Attic
  • 4-minute walk to Dlugach Park

About This Home

As of January 2020

Calling all investors! This one is a charmer! This 3 bedroom 2 Full bath traditional home is nestled in a quiet midtown neighborhood. Walking distance to Rhodes College or a bike ride away from the Memphis Zoo. Hardwood floors throughout. tile in bathrooms, beautiful large original windows provide wonderful natural light. Can't leave out the tiled picturesque sunroom or the large 2 car garage! So many things possible especially at such a bargain price. As is sale.

Last Agent to Sell the Property

Lynn da Ponte Baack

Sowell, Realtors License #305581 Listed on: 01/07/2020

Co-Listed By

Christine White

Sowell, Realtors License #352299

Last Buyer's Agent

Robert Grisham

Bluff City Realty Group, LLC License #322147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1942

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,679 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Decorative Fireplace
  • Gas Fireplace
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Permanent Attic Stairs
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator

Community Details

  • Palmer Hills Third Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052004 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742D
  • MAAR Subdivision Name: PALMER HILLS 3RD ADD
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1679
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Sun Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Vented Gas Fireplace, Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Permanent Attic Stairs, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Sun Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Radiator
  • Security: Iron Door(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 6andE PT 5
  • Acreage: 0.31
  • Lot Size: .31
  • Price Per Acre: 306452

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 052004 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Red Door Memphis Llc
Bought by
Crosstown Group Llc
Current Estimated Value
$164,208

Purchase Details

Closed on
Apr 22, 2020
Sold by
Grisham Robert and Thompson Robert A
Bought by
Red Door Memphis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 30, 2020
Sold by
Montoya Juan Carlos
Bought by
Grisham Robert and Thompson Robert A
Seller's Agent
Lynn da Ponte Baack
Sowell, Realtors
Buyer's Agent
Robert Grisham
Bluff City Realty Group, LLC
List Price
$95,000
Sold Price
$97,000
Premium/Discount to List
$2,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
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
Crosstown Group Llc -- Coventry Escrow & Title
Red Door Memphis Llc -- Coventry Escrow & Ttl Co Llc
Grisham Robert $97,000 Boston National Ttl Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Door Memphis Llc $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $97,000 +2.1% $61 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $95,000 -- $59 / 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 $742 $52,600 $3,750 $48,850
2024 $742 $21,875 $1,875 $20,000
2023 $1,333 $21,875 $1,875 $20,000
2022 $1,333 $21,875 $1,875 $20,000
2021 $755 $21,875 $1,875 $20,000
2020 $1,473 $20,325 $1,875 $18,450
2019 $650 $20,325 $1,875 $18,450
2018 $650 $20,325 $1,875 $18,450
2017 $665 $20,325 $1,875 $18,450
2016 $875 $20,025 $0 $0
2014 $875 $20,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn da Ponte Baack

    Seller's Agent in 2020

    Lynn da Ponte Baack

    Sowell, Realtors

    (901) 282-7532

    77 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Christine White

    Sowell, Realtors

    Section Image

  • R

    Buyer's Agent in 2020

    Robert Grisham

    Bluff City Realty Group, LLC

    (901) 230-1255

    52 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068555

Memphis Area Association of REALTORS®

APN: 05-2004-0-0002

Tennessee Shelby County Memphis 38112 Hyde Park

867 Cypress Dr, Memphis, TN

This home is located at 867 Cypress Dr, Memphis, TN 38112 since 07 January 2020 and is currently estimated at $164,208, approximately $91 per square foot. This property was built in 1942. 867 Cypress Dr is a home located in Shelby County with nearby schools including Brewster Elementary School, Grandview Heights Middle, and Manassas High School.

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