Seller's Agent in 2022
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
27 in this area
433 Total Sales
871 Freeman St Memphis, TN 38122
Berclair NeighborhoodEstimated Value: $122,000 - $134,000
2
Beds
1
Bath
864
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Den
- Central Heating and Cooling System
- Traditional Architecture
- Some Wood Windows
- Level Lot
About This Home
As of June 2022Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $950 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Last Agent to Sell the Property
Reedy & Company, REALTORS License #15602 Listed on: 03/23/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 53x145
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 864 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Den
- Laminate Flooring
- Iron Doors
- Updated Kitchen
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Tutwiler Terrace Blk B Subdivision
Listing and Financial Details
- Assessor Parcel Number 038068 00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2022
Closed on
Jun 6, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Patel Nikunj Ishwarbhai
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$125,500
Sold Price
$125,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,033
Avg. Annual Appreciation
-0.35%
Original Mortgage
$94,125
Outstanding Balance
$89,938
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$34,189
Purchase Details
Listed on
Nov 16, 2021
Closed on
Feb 23, 2022
Sold by
Violette Tiscia Jennifer
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Tim Tanner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$115,900
Sold Price
$80,000
Premium/Discount to List
-$35,900
-30.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
399.35%
Original Mortgage
$108,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2018
Sold by
Sm81 Property Group Llc
Bought by
Tiscia Louis A and Tiscia Jennifer V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 27, 2015
Closed on
Nov 29, 2015
Sold by
Affordable Housing Llc
Bought by
Benewah Properties Llc
Seller's Agent
Pablo Pereyra
901, REALTORS
Buyer's Agent
Gail Starnes
KAIZEN Realty, LLC
List Price
$42,500
Sold Price
$32,000
Premium/Discount to List
-$10,500
-24.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Purchase Details
Closed on
Jun 15, 2015
Sold by
Hogan Denese
Bought by
Affordable Housing Llc
Purchase Details
Closed on
Jan 16, 1998
Sold by
White Oliver E and White Elizabeth J
Bought by
Hogan Denese
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,750
Interest Rate
7.16%
Purchase Details
Closed on
Dec 9, 1996
Sold by
Garrett Walter G and Garrett Michael W
Bought by
White Oliver E and White Elizabeth J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Nikunj Ishwarbhai | $125,500 | Delta Title Services | |
| Memphis Investment Properties Iii Llc | $80,000 | None Listed On Document | |
| Tiscia Louis A | $88,000 | Close Trak Closing & Title S | |
| Benewah Properties Llc | $32,000 | Attorney | |
| Affordable Housing Llc | $17,500 | None Available | |
| Hogan Denese | $52,631 | -- | |
| White Oliver E | $44,500 | Fidelity Title & Escrow Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Nikunj Ishwarbhai | $94,125 | |
| Previous Owner | Memphis Investment Properties Iii Llc | $108,000 | |
| Previous Owner | Tiscia Louis A | $66,000 | |
| Previous Owner | Hogan Denese | $54,000 | |
| Previous Owner | Hogan Denese | $46,750 | |
| Previous Owner | White Oliver E | $87,600 | |
| Closed | Hogan Denese | $5,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2022 06/07/22 | Sold | $125,500 | 0.0% | $145 / Sq Ft |
| 03/23/2022 03/23/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | For Sale | $125,500 | +56.9% | $145 / Sq Ft |
| 02/23/2022 02/23/22 | Sold | $80,000 | -31.0% | $80 / Sq Ft |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $115,900 | +262.2% | $116 / Sq Ft |
| 12/01/2015 12/01/15 | Sold | $32,000 | -24.7% | $32 / Sq Ft |
| 11/04/2015 11/04/15 | Pending | -- | -- | -- |
| 07/27/2015 07/27/15 | For Sale | $42,500 | -- | $43 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $34,325 | $4,125 | $30,200 |
| 2024 | $557 | $16,425 | $1,825 | $14,600 |
| 2023 | $1,001 | $16,425 | $1,825 | $14,600 |
| 2022 | $760 | $12,475 | $1,825 | $10,650 |
| 2021 | $430 | $12,475 | $1,825 | $10,650 |
| 2020 | $654 | $9,025 | $1,450 | $7,575 |
| 2019 | $288 | $9,025 | $1,450 | $7,575 |
| 2018 | $288 | $9,025 | $1,450 | $7,575 |
| 2017 | $295 | $9,025 | $1,450 | $7,575 |
| 2016 | $364 | $8,325 | $0 | $0 |
| 2014 | $364 | $8,325 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2022
Tim Tanner
Crye-Leike
(901) 340-7556
6 in this area
101 Total Sales
-
B
Buyer's Agent in 2022
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
27 in this area
450 Total Sales
-
M
Buyer's Agent in 2022
Mark Saller
Reedy Group II, LLC
-
Seller's Agent in 2015
Pablo Pereyra
901, REALTORS
(901) 676-6555
10 in this area
112 Total Sales
-
G
Buyer's Agent in 2015
Gail Starnes
KAIZEN Realty, LLC
(901) 755-1637
2 in this area
23 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10120444
APN: 03-8068-0-0007
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