NOT LISTED FOR SALE

Estimated Value: $187,000 - $201,000

2 Beds
1 Bath
1,620 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $127,000 $78 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,127/month

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2020

Brand new throughout! New Roof, New appliances, New cabinets, New vanities, New windows, New faucets,New AC, New Lights fixtures, New everything!!! Amazing investment opportunity in a great area!!!!!

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 03/03/2020

Co-Listed By

Fiona Yanok

The Stamps Real Estate Company License #350039

Last Buyer's Agent

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 03/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1939

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Free-Standing Range

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Wrenwood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 038069 00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,275

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 752E
  • MAAR Subdivision Name: WRENWOOD
  • Freestanding: Yes
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.4
  • Estimated Sq Ft: 1620
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 95
  • Acreage: 0.26
  • Lot Size: 69.98/79.66 X 166.98/176.33
  • Price Per Acre: 499615

Rental Info

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

Tax Info

  • Assessor Parcel Number: 038069 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Apr 6, 2020
Sold by
Showboat Rental Homes Llc
Bought by
Gold Joseph and Gold Jennifer
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Felecia Magro
The Stamps Real Estate Company
List Price
$129,900
Sold Price
$127,000
Premium/Discount to List
-$2,900
-2.23%
Current Estimated Value
$193,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,356
Avg. Annual Appreciation
6.48%
Original Mortgage
$395,250
Outstanding Balance
$351,903
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
-$173,077

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 9, 2020
Sold by
Coronado Victor Alfonso Perez
Bought by
Showboat Rental Homes Llc
Seller's Agent
Ralph Harvey
List With Freedom.Com, Inc.
Buyer's Agent
Nathan Alexander
Crye-Leike, Inc., REALTORS
List Price
$35,780
Sold Price
$27,500
Premium/Discount to List
-$8,280
-23.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35846.60%

Purchase Details

Closed on
Aug 13, 2019
Sold by
Summers George D
Bought by
Perez Coronado Victor Alfonso
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
Gold Joseph $127,000 Delta Title Services Llc
Showboat Rental Homes Llc $20,000 Saddle Creek Title Llc
Perez Coronado Victor Alfonso $11,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Joseph $395,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $127,000 -2.2% $78 / Sq Ft
03/03/2020 03/03/20 For Sale $129,900 +372.4% $80 / Sq Ft
01/10/2020 01/10/20 Sold $27,500 -23.1% $17 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $35,780 -- $22 / 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 $1,275 $50,325 $4,125 $46,200
2024 $1,275 $37,600 $2,500 $35,100
2023 $2,290 $37,600 $2,500 $35,100
2022 $2,290 $37,600 $2,500 $35,100
2021 $1,297 $37,600 $2,500 $35,100
2020 $687 $9,475 $2,000 $7,475
2019 $303 $9,475 $2,000 $7,475
2018 $303 $9,475 $2,000 $7,475
2017 $310 $9,475 $2,000 $7,475
2016 $393 $9,000 $0 $0
2014 $393 $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072084

Memphis Area Association of REALTORS®

APN: 03-8069-0-0025