$75,000
SOLD JUN 16, 2025
2 Beds
1 Bath
1,200-1,399 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

28% Below List Price

151 Days on Market

About This Home

As of June 2025

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/14/2024

Last Buyer's Agent

Caleb Parr

Renshaw Company, REALTORS License #340494

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,219 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Wilshire Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052024 00016

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WILSHIRE PARK
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1219
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: N1

Lot Info

  • Lot Number: 21
  • Acreage: 0.15
  • Lot Size: 50X135
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 052024 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jun 16, 2025
Sold by
Whitestone Iii Propco Cv 1 Llc
Bought by
Riverstone Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$104,000
Sold Price
$75,000
Premium/Discount to List
-$29,000
-27.88%
Views
22
Current Estimated Value
$81,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,121
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Jun 29, 2023
Sold by
Whitestone Real Estate Fund Iii Lp
Bought by
Whitestone Iii Propco Cv 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,818,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 16, 2022
Sold by
Buy And Sell Memphis Now Llc
Bought by
Whitestone Real Estate Fund Iii Lp
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Caleb Hall
Keller Williams
List Price
$76,785
Sold Price
$76,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Memphis Manor Management Ii Llc
Bought by
The Way Supportive Housing Corp

Purchase Details

Closed on
Jun 4, 2015
Sold by
Sultani Family Realty Of Memphis Llc
Bought by
Memphis Manor Management Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2010
Sold by
Donald Stanley E
Bought by
Sultani Family Realty Of Memphis Llc

Purchase Details

Closed on
Jan 9, 2009
Sold by
Kerr Terry
Bought by
Donald Stanley E and Sultani Family Irrevocable Trust

Purchase Details

Closed on
Jan 4, 2008
Sold by
Mid South Homebuyers Inc
Bought by
Kerr Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.94%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 2, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Mid South Homebuyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.94%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 2006
Sold by
Hayes Janet M
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2
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

Date Type Sale Price Title Company
Warranty Deed $75,000 Total Title Services
Warranty Deed $230,925 None Listed On Document
Warranty Deed $75,892 Foundation Title & Escrow
Quit Claim Deed -- None Available
Warranty Deed $1,530,000 None Available
Warranty Deed -- None Available
Warranty Deed $121,200 None Available
Quit Claim Deed -- None Available
Special Warranty Deed $48,000 Us Land Title Llc
Trustee Deed $17,265 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $12,818,000 New Conventional
Previous Owner $1,330,000 Purchase Money Mortgage
Previous Owner $38,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Sold $75,000 -2.6% $63 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $77,000 -9.4% $64 / Sq Ft
03/04/2025 03/04/25 Price Changed $85,000 -9.6% $71 / Sq Ft
01/06/2025 01/06/25 Price Changed $94,000 -9.6% $78 / Sq Ft
11/14/2024 11/14/24 For Sale $104,000 +35.4% $87 / Sq Ft
12/15/2022 12/15/22 Sold $76,785 0.0% $64 / Sq Ft View Prior Sale
12/12/2022 12/12/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $76,785 -- $64 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $402 $18,250 $2,500 $15,750
2024 -- $11,850 $1,250 $10,600
2023 $722 $11,850 $1,250 $10,600
2022 $722 $11,850 $1,250 $10,600
2021 $858 $11,850 $1,250 $10,600
2020 $594 $8,200 $1,250 $6,950
2019 $262 $8,200 $1,250 $6,950
2018 $262 $8,200 $1,250 $6,950
2017 $268 $8,200 $1,250 $6,950
2016 $319 $7,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185194

Memphis Area Association of REALTORS®

APN: 05-2024-0-0016