NOT LISTED FOR SALE

Estimated Value: $113,000 - $132,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $30,000 $21 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $703/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Great Room
  • Wood Flooring
  • Separate Formal Living Room
  • Den

About This Home

As of November 2019

Great Investment Opportunity! Could be converted to 3 Bedrooms. Strong Return on Investment potential. Nice Home! Nice Neighborhood. Home being sold "as is". Interior cosmetic needed.

Last Agent to Sell the Property

Danny Lipsey

Keller Williams License #267789 Listed on: 10/23/2019

Keller Williams

Last Buyer's Agent

Danny Lipsey

Keller Williams License #267789 Listed on: 10/23/2019

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 135
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,309 Sq Ft Home
  • 1.2-Story Property
  • Aluminum Window Frames
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Community Details

  • Wilshire Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052023 00058

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WILSHIRE PARK
  • List Price Per Sq Ft: 23
  • Number Of Stories: 1.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1309
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom
  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Exterior Windows: Aluminum/Steel Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 65
  • Acreage: 0.15
  • Lot Size: 50 X 135

Tax Info

  • Assessor Parcel Number: 052023 00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Mid South Homebuyers Gp
Bought by
Komuravelli Nagaraju and Subramanian Sowmya
Current Estimated Value
$121,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,650
Outstanding Balance
$60,407
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$61,450

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 14, 2019
Sold by
Steve Donaldson
Bought by
Mid South Homebuyers Gp
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Danny Lipsey
Keller Williams
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.69%

Purchase Details

Listed on
Oct 23, 2019
Closed on
Oct 23, 2019
Sold by
Bradley Anthony
Bought by
Donaldson Steve
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Danny Lipsey
Keller Williams
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Komuravelli Nagaraju $90,200 Saddle Creek Title Llc
Mid South Homebuyers Gp $30,000 Edco Ttl & Closing Svcs Inc
Donaldson Steve $23,000 Home Surety T&E Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komuravelli Nagaraju $67,650
Previous Owner Cooper Ora Lee $10,000
Previous Owner Cooper Ora Lee $10,000
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $30,000 +0.3% $25 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $29,900 -9.1% $25 / Sq Ft
10/25/2019 10/25/19 Price Changed $32,900 -5.7% $27 / Sq Ft
10/23/2019 10/23/19 For Sale $34,900 -- $29 / 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 $770 $30,175 $2,500 $27,675
2024 $770 $22,700 $1,250 $21,450
2023 $1,383 $22,700 $1,250 $21,450
2022 $1,383 $22,700 $1,250 $21,450
2021 $783 $22,700 $1,250 $21,450
2020 $589 $8,125 $1,250 $6,875
2019 $260 $8,125 $1,250 $6,875
2018 $260 $8,125 $1,250 $6,875
2017 $266 $8,125 $1,250 $6,875
2016 $315 $7,200 $0 $0
2014 $315 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10064587

Memphis Area Association of REALTORS®

APN: 05-2023-0-0058