NOT LISTED FOR SALE

986 Lagrange Ave Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $64,000 - $105,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$60/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $42,500 $30 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $516/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Recreation Facilities
  • Laundry closet
  • Partially Carpeted

About This Home

As of October 2018

3 bedroom, 1 1/2 bath single family home. Please drive by to make offer. Roof approx. 3 years old. New washer and working dryer, stove and refrigerator. ***Do Not Disturb Tenants***Tenant in place for 5 years and would like to stay, but will sell to owner-occupant***Home is rented for $760/mo. Only cosmetics needed. Home is located very close to downtown and shopping, in an all brick community of Mary Elizabeth Malone Park.

Last Agent to Sell the Property

Paula Rodgers

Hayes Homes and Realty, Inc License #310310 Listed on: 08/06/2018

Last Buyer's Agent

Vatresa Word

Delta Realty Group LLC License #263209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1992

Lot Details

  • 6,098

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,194 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Iron Doors
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Porch
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 021011 00038

Community Details

Overview

  • Smokey City Pd Subdivision

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$415

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 741D
  • MAAR Subdivision Name: SMOKEY CITY
  • List Price Per Sq Ft: 35
  • Number Of Stories: 1
  • Price Per Sq Ft: 35.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1194
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Washer/Dryer Connections
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Association/Amenities

  • Neighborhood Amenities: Recreation Facilities

Lot Info

  • Lot Number: 29
  • Acreage: 0.14
  • Lot Size: 6179SF 55X112.0
  • Price Per Acre: 299286

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 021011 00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2019
Sold by
Lais Bryan Nayib D and Lais Bryan
Bought by
Coons Clint and 986 Lagrange Trust
Current Estimated Value
$87,092

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 25, 2018
Sold by
Werfelmann Ray and Werfelmann Ruth
Bought by
Lias Bryan Nayib D and Lias Bryan
Seller's Agent
Paula Rodgers
Hayes Homes and Realty, Inc
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$48,900
Sold Price
$42,500
Premium/Discount to List
-$6,400
-13.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$31,875
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
U S Bank Na
Bought by
Werfelmann Ray and Werfelmann Ruth

Purchase Details

Closed on
Apr 30, 2003
Sold by
Still Tracy
Bought by
U S Bank Na and Credit Based Asset Servicing & Securitiz

Purchase Details

Closed on
Feb 1, 2002
Sold by
Campbell Claudette Marie
Bought by
Still Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
7.12%
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
Coons Clint -- None Available
Lias Bryan Nayib D $42,500 Baymark Title & Escrow
Werfelmann Ray $46,000 Edco Title & Closing Service
U S Bank Na $32,500 --
Still Tracy $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lias Bryan Nayib D $31,875
Previous Owner Werfelmann Ray $49,600
Previous Owner Still Tracy $6,400
Previous Owner Still Tracy $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $42,500 +1.4% $35 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $41,900 -14.3% $35 / Sq Ft
08/06/2018 08/06/18 For Sale $48,900 -- $41 / 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 $415 $17,475 $1,950 $15,525
2024 $415 $12,250 $1,250 $11,000
2023 $746 $12,250 $1,250 $11,000
2022 $746 $12,250 $1,250 $11,000
2021 $755 $12,250 $1,250 $11,000
2020 $705 $9,725 $1,250 $8,475
2019 $311 $9,725 $1,250 $8,475
2018 $311 $9,725 $1,250 $8,475
2017 $318 $9,725 $1,250 $8,475
2016 $448 $10,250 $0 $0
2014 $448 $10,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paula Rodgers

    Hayes Homes and Realty, Inc

    Section Image

  • V

    Buyer's Agent in 2018

    Vatresa Word

    Delta Realty Group LLC

    (901) 453-0677

    16 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10033772

Memphis Area Association of REALTORS®

APN: 02-1011-0-0038

Tennessee Shelby County Memphis 38107 North Memphis

986 Lagrange Ave, Memphis, TN

This home is located at 986 Lagrange Ave, Memphis, TN 38107 since 06 August 2018 and is currently estimated at $84,333, approximately $60 per square foot. This property was built in 1992. 986 Lagrange Ave is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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