NOT LISTED FOR SALE

885 S Yates Rd Unit 2 Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $187,124 - $231,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: November 28, 2012

Last sale price $75,000 $42 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,200 / mo

283 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • 2 Car Detached Garage
  • White Station High Rated A
  • Separate Formal Living Room
  • Brick Veneer

About This Home

As of November 2012

Bank-owned. Sizable unit in a convenient east Memphis location. New appliances, new carpet, fresh paint.Unit can be purchased by owner occupant only.

Last Agent to Sell the Property

Bob Rowe

Hobson, REALTORS License #239315 Listed on: 02/03/2012

Co-Listed By

Jennifer & Joel Hobson

Hobson, REALTORS License #24371

Last Buyer's Agent

Micah Layman

Ware Jones, REALTORS License #310771

Ware Jones, REALTORS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • Wood Fence

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,660 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet

Home Security

  • Security Gate
  • Iron Doors

Parking

  • 2 Car Detached Garage
  • Carport
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • $260 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance
  • Yates Village Community
  • Yates Village Townhouse Condo Blk 885 Subdivision
  • Property managed by Crye-Leike

Listing and Financial Details

  • Assessor Parcel Number 056054 A00010

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

3,398 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Cross Street: POPLAR
  • MAAR Subdivision Name: YATES VILLAGE TOWNHOUSE CONDOM
  • Condo: Yes
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1660
  • Year Built: 1973
  • Special Features: 20
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Other Rooms: Entry Hall
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Security Gate, Iron Door(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Yates Village
  • Management Company: Crye-Leike

Fee Information

  • Monthly Maintenance Fee: 260

Lot Info

  • Lot Number: UNIT 2
  • Lot Size: .17

Tax Info

  • Assessor Parcel Number: 056054 A00010

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bought by
Current Estimated Value
$202,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Outstanding Balance
$147,915
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$54,866

Purchase Details

Listed on
Feb 3, 2012
Closed on
Nov 28, 2012
Sold by
Bought by
Seller's Agent
Bob Rowe
Hobson, REALTORS
Buyer's Agent
Micah Layman
Ware Jones, REALTORS
List Price
$94,900
Sold Price
$75,000
Premium/Discount to List
-$19,900
-20.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$112,000
Interest Rate
3.44%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 Memphis Title Co
$75,000 Memphis Title Co
$72,100 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $166,500
Previous Owner $112,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold $75,000 -21.0% $47 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $94,900 -- $59 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,285 $47,775 $4,250 $43,525
2024 $1,172 $34,575 $4,250 $30,325
2023 $2,106 $34,575 $4,250 $30,325
2022 $2,106 $34,575 $4,250 $30,325
2021 $2,503 $34,575 $4,250 $30,325
2020 $1,667 $23,000 $4,250 $18,750
2019 $735 $23,000 $4,250 $18,750
2018 $735 $23,000 $4,250 $18,750
2017 $752 $23,000 $4,250 $18,750
2016 $841 $19,250 $0 $0
2014 $841 $19,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bob Rowe

    Hobson, REALTORS

    Section Image
  • Jennifer & Joel Hobson

    Seller Co-Listing Agent in 2012

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    74 in this area

    182 Total Sales

    Jennifer & Joel Hobson
    Section Image
  • Micah Layman

    Buyer's Agent in 2012

    Micah Layman

    Ware Jones, REALTORS

    (901) 634-9114

    6 in this area

    61 Total Sales

    Micah Layman
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3240120

Memphis Area Association of REALTORS®

APN: 05-6054-A0-0010

Tennessee Shelby County Memphis 38120 East Memphis

885 S Yates Rd Unit 2, Memphis, TN

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