885 Pearce St Unit 887 Memphis, TN 38107
North Memphis NeighborhoodEstimated Value: $89,000 - $157,000
2
Beds
1
Bath
1,445
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Tile Flooring
- 1-Story Property
About This Home
As of June 2023Back on market. Buyer unable to obtain financing in a timely manner. Rehabbed Home. Rent is $1650/mo. Multiple properties, bulk sale preferred (may sell individually). Multiple properties recently rehabbed & sec 8 tenants (guaranteed rent). Don't disturb tenants. 3135 Woodrow, 803 Dunlap, 1033 Knew, 885 Pearce, 1033 Kney, 885 Pearce (total price 542k, total monthly rent $6005)
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #312020 Listed on: 02/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $289
Year Built
- Built in 1948
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 88x125
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,445 Sq Ft Home
- 1-Story Property
Flooring
- Partially Carpeted
- Laminate
- Tile
Community Details
- Churchwood Terrace S/D Subdivision
Listing and Financial Details
- Assessor Parcel Number 027035 00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2023
Closed on
Jun 27, 2023
Sold by
Willangava Properties Llc
Bought by
Chhorr Kevin
Seller's Agent
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$145,000
Sold Price
$145,000
Views
12
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
-$24,236
Avg. Annual Appreciation
-8.23%
Original Mortgage
$108,750
Outstanding Balance
$106,475
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$15,642
Purchase Details
Closed on
Feb 3, 2022
Sold by
Vickie Webb
Bought by
Willangava Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,430
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2012
Sold by
Webb Vickie
Bought by
Webb Vickie
Purchase Details
Closed on
Apr 2, 2003
Sold by
Tate Carel A
Bought by
Taylor Robert E
Similar Homes in Memphis, TN
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 |
|---|---|---|---|
| Chhorr Kevin | $145,000 | Foundation Title & Escrow | |
| Willangava Properties Llc | $33,500 | None Listed On Document | |
| Webb Vickie | $7,000 | Global Title & Escrow Co Llc | |
| Taylor Robert E | $11,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chhorr Kevin | $108,750 | |
| Previous Owner | Willangava Properties Llc | $10,430 | |
| Previous Owner | Willangava Properties Llc | $100,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $145,000 | 0.0% | $100 / Sq Ft |
| 05/14/2023 05/14/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | For Sale | $145,000 | 0.0% | $100 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/08/2023 03/08/23 | For Sale | $145,000 | 0.0% | $100 / Sq Ft |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- |
| 02/01/2023 02/01/23 | For Sale | $145,000 | -- | $100 / 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 | $289 | $56,720 | $3,000 | $53,720 |
| 2024 | $289 | $8,520 | $1,200 | $7,320 |
| 2023 | $519 | $8,520 | $1,200 | $7,320 |
| 2022 | $519 | $8,520 | $1,200 | $7,320 |
| 2021 | $617 | $8,520 | $1,200 | $7,320 |
| 2020 | $945 | $13,040 | $1,200 | $11,840 |
| 2019 | $417 | $13,040 | $1,200 | $11,840 |
| 2018 | $417 | $13,040 | $1,200 | $11,840 |
| 2017 | $427 | $13,040 | $1,200 | $11,840 |
| 2016 | $676 | $15,480 | $0 | $0 |
| 2014 | $676 | $15,480 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Meatha Haynes Tapley
Seller's Agent in 2023
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
(901) 288-5582
5 in this area
241 Total Sales
-
Tyler Tapley
Seller Co-Listing Agent in 2023
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
17 in this area
1,257 Total Sales
-
Dean Harris
Buyer's Agent in 2023
Dean Harris
CrestCore Realty MphsBrokerage
(901) 619-6170
37 in this area
1,421 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10141302
APN: 02-7035-0-0005
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