$50,000
SOLD AUG 6, 2025
2 Beds
1 Bath
800-999 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

35% Below List Price

238 Days on Market

About This Home

As of August 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

Ali Abu-Khraybeh

Renshaw Company, REALTORS License #363650

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

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

Parking

  • 1 Parking Space

Interior Spaces

  • 800-999 Sq Ft Home
  • 978 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Wilshire Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052023 00060

Home Details

Home Type

Single Family

Year Built

Built in 1940

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: 978
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1

Garage/Parking

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

Lot Info

  • Lot Number: 67
  • Acreage: 0.15
  • Lot Size: 50X135
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 052023 00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Aug 6, 2025
Sold by
Wref Iii Loan 11 Llc
Bought by
Sultan Living Trust and Sultan
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Ali Abu-Khraybeh
Renshaw Company, REALTORS
List Price
$77,000
Sold Price
$50,000
Premium/Discount to List
-$27,000
-35.06%
Views
50
Current Estimated Value
$72,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,382
Avg. Annual Appreciation
141.28%

Purchase Details

Closed on
Nov 18, 2024
Sold by
Whitestone Real Estate Fund Iii Lp
Bought by
Wref Iii Loan 11 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,479,800
Interest Rate
6.72%
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
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
-1.91%

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
Mid South Homebuyers Inc
Bought by
Donald Stanley E and Sultani Family Irrevocable Trust

Purchase Details

Closed on
Nov 20, 2007
Sold by
Us Bank Na
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
$30,596
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2007
Sold by
White Contina R
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 25, 1996
Sold by
Berry Evelyn Smith and Taylor Nola B
Bought by
White Contina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,321
Interest Rate
7.88%
Mortgage Type
FHA
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 $50,000 None Listed On Document
Special Warranty Deed $41,500 Total Title Services
Warranty Deed $75,892 Foundation Title
Quit Claim Deed -- None Available
Warranty Deed $1,530,000 None Available
Warranty Deed -- None Available
Warranty Deed $1,404,800 None Available
Corporate Deed $18,500 Associates Closing & Title H
Trustee Deed $44,000 None Available
Warranty Deed $37,000 --
Warranty Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,479,800 New Conventional
Previous Owner $1,330,000 Purchase Money Mortgage
Previous Owner $30,596 Purchase Money Mortgage
Previous Owner $37,321 FHA
Closed $2,363 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2025 08/06/25 Sold $50,000 -16.5% $63 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $59,900 -22.2% $75 / Sq Ft
05/23/2025 05/23/25 For Sale $77,000 0.0% $96 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $77,000 0.0% $96 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $77,000 -9.4% $96 / Sq Ft
03/04/2025 03/04/25 Price Changed $85,000 -9.6% $106 / Sq Ft
01/06/2025 01/06/25 Price Changed $94,000 -9.6% $118 / Sq Ft
11/14/2024 11/14/24 For Sale $104,000 +35.4% $130 / Sq Ft
12/15/2022 12/15/22 Sold $76,785 0.0% $82 / Sq Ft View Prior Sale
12/15/2022 12/15/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $76,785 -- $82 / 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 $352 $18,625 $2,500 $16,125
2024 $352 $10,375 $1,250 $9,125
2023 $632 $10,375 $1,250 $9,125
2022 $632 $10,375 $1,250 $9,125
2021 $751 $10,375 $1,250 $9,125
2020 $531 $7,325 $1,250 $6,075
2019 $234 $7,325 $1,250 $6,075
2018 $234 $7,325 $1,250 $6,075
2017 $240 $7,325 $1,250 $6,075
2016 $284 $6,500 $0 $0
2014 $284 $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185195

Memphis Area Association of REALTORS®

APN: 05-2023-0-0060