NOT LISTED FOR SALE

Estimated Value: $84,000 - $138,716

2 Beds
1 Bath
1,445 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 19, 2012

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

Est. 1,413% increase in value since last sale

Current estimated payment $601/month

129 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Level Lot
  • Some Wood Windows
  • Central Heating
  • Wall to Wall Carpet

About This Home

As of March 2012

NICE BRICK DUPLEX 100% OCCUPIED - GOOD INVESTOR 'S BUY

Last Agent to Sell the Property

Reginald Peyton

The Peyton Co., Inc., REALTORS License #56385 Listed on: 09/30/2011

Last Buyer's Agent

Reginald Peyton

The Peyton Co., Inc., REALTORS License #56385 Listed on: 09/30/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $289

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 88.44 x 125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Churchwood Terrace S/D Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 027035 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$289

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: CHELSEA ST
  • Second Address Number: 887
  • MLS Map #: 741D
  • MAAR Subdivision Name: CHURCHWOOD TERRACE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 4.84
  • Estimated Sq Ft: 1445
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Lot Size: 88.44 X 125

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 027035 00005

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Willangava Properties Llc
Bought by
Chhorr Kevin
Total Days on Market
129
Current Estimated Value
$105,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Listed on
Sep 30, 2011
Closed on
Mar 19, 2012
Sold by
Webb Vickie
Bought by
Webb Vickie
Seller's Agent
Reginald Peyton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Reginald Peyton
The Peyton Co., Inc., REALTORS
List Price
$8,000
Sold Price
$7,000
Premium/Discount to List
-$1,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.70%

Purchase Details

Closed on
Apr 2, 2003
Sold by
Tate Carel A
Bought by
Taylor Robert E
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
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
03/19/2012 03/19/12 Sold $7,000 -12.5% $5 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
09/30/2011 09/30/11 For Sale $8,000 -- $6 / 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 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3236074

Memphis Area Association of REALTORS®

APN: 02-7035-0-0005