NOT LISTED FOR SALE

961 Inman Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $65,000 - $104,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 28, 2018

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

Est. 186% increase in value since last sale

Current estimated payment $527/month

Highlights

  • Traditional Architecture
  • Den
  • Central Heating and Cooling System
  • Wood Flooring
  • Some Wood Windows
  • Dining Room

About This Home

As of February 2018

NICE TWO BEDROOM ONE BATH HOME WITH DEN AND NICE SIZE BACK YARD. GREAT FOR FIRST TIME BUYER OR INVESTMENT PROPERTY.

Last Agent to Sell the Property

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749 Listed on: 01/04/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Bert Less

Leco Realty, Inc. License #208330

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,262 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Attic Access Panel
  • Iron Doors

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Lower Fixtures

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Inman J F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059068 00015

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: PARK
  • MLS Map #: 757Y
  • MAAR Subdivision Name: J F INMAN
  • Handicap Design: Accessible Fixtures
  • List Price Per Sq Ft: 28
  • Number Of Stories: 1
  • Price Per Sq Ft: 23.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1262
  • Year Built: 1952
  • 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, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: All Window Treatments, Attic Access, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 11
  • Acreage: 0.16
  • Lot Size: 0.16
  • Price Per Acre: 218125

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 059068 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 26, 2018
Sold by
Kamms Property Investments Llc
Bought by
Mum Hans C
Seller's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bert Less
Leco Realty, Inc.
List Price
$37,500
Sold Price
$30,000
Premium/Discount to List
-$7,500
-20%
Current Estimated Value
$85,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,805
Avg. Annual Appreciation
16.34%

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 2, 2013
Sold by
Wark Christopher D
Bought by
Kamms Property Investments Llc
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$12,900
Sold Price
$18,115
Premium/Discount to List
$5,215
40.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Listed on
Jan 23, 2013
Closed on
Mar 4, 2013
Sold by
Bank Of New York Mellon
Bought by
Wark Christopher D
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$12,900
Sold Price
$18,115
Premium/Discount to List
$5,215
40.43%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Rubin Lublin Tn Pllc
Bought by
Bank Of New York

Purchase Details

Closed on
May 23, 2006
Sold by
Oliver Gregory
Bought by
Stewart Mattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
6.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2005
Sold by
Morris Joe L
Bought by
Oliver Gregory
Source: Public Records

Range of Values:

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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
Mum Hans C $30,000 Vlose Track & Title Cservice
Kamms Property Investments Llc $33,000 Tri State Title & Escrow Inc
Wark Christopher D $15,115 Title Assurance And Escrow
Bank Of New York $13,000 --
Stewart Mattie $59,900 None Available
Oliver Gregory $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wark Christopher D $23,000
Previous Owner Stewart Mattie $59,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $30,000 -20.0% $25 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/04/2017 01/04/17 For Sale $37,500 +107.0% $31 / Sq Ft
03/04/2013 03/04/13 Sold $18,115 +40.4% $15 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $12,900 -- $11 / 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 -- $19,375 $2,450 $16,925
2024 -- $13,700 $1,000 $12,700
2023 $835 $13,700 $1,000 $12,700
2022 $835 $13,700 $1,000 $12,700
2021 $844 $13,700 $1,000 $12,700
2020 $752 $10,375 $1,000 $9,375
2019 $752 $10,375 $1,000 $9,375
2018 $752 $10,375 $1,000 $9,375
2017 $426 $10,375 $1,000 $9,375
2016 $453 $10,375 $0 $0
2014 $453 $10,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jerry Modesto

    Crye-Leike, Inc., REALTORS

    Section Image

  • B

    Buyer's Agent in 2018

    Bert Less

    Leco Realty, Inc.

    Section Image
  • Sam Hanks

    Seller's Agent in 2013

    Sam Hanks

    Broker South Realty

    (901) 378-0494

    1 in this area

    27 Total Sales

    Sam Hanks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9992928

Memphis Area Association of REALTORS®

APN: 05-9068-0-0015

Tennessee Shelby County Memphis 38111 Orange Mound

961 Inman Rd, Memphis, TN

This home is located at 961 Inman Rd, Memphis, TN 38111 since 04 January 2017 and is currently estimated at $85,805, approximately $61 per square foot. This property was built in 1952. 961 Inman Rd is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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