NOT LISTED FOR SALE

987 Rutgers Rd Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $86,000 - $155,000

2 Beds
1 Bath
1,400-1,599 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $14,000 $9 Per Sq Ft

Est. 693% increase in value since last sale

Current estimated payment $637/month

31 Days on Market

Highlights

  • 0.48 Acre Lot
  • Soft Contemporary Architecture
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of November 2012

Take a look at the multiple photos and virtual tour of this property. This is Home Case #482-357831 and is offered in as is condition. This house has great potential. Large shady lot in a secluded area. Equal housing opportunity.

Last Agent to Sell the Property

Elizabeth Glosson

Fast Track Realty, LLC License #282986 Listed on: 10/01/2012

Co-Listed By

Greg Glosson

Fast Track Realty, LLC License #262724

Last Buyer's Agent

Tina Ervin

BenchMark REALTORS, LLC License #274516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1942

Lot Details

  • 0.48 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,573 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Prospect Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060027 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: VASSAR/ N BALL
  • MLS Map #: 747F
  • MAAR Subdivision Name: PROSPECT PARK
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1573
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition, Stone
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 75
  • Acreage: 0.48
  • Lot Size: 0.48

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 060027 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Fidelity Real-Estate Investment Group Co
Bought by
Hg Holdings Llc
Current Estimated Value
$111,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2021
Sold by
Fidelity Business Mgmt & Consulting Inc
Bought by
Fidelity Re Investment Group Inc

Purchase Details

Closed on
Jun 30, 2015
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Harvey James M

Purchase Details

Listed on
Oct 1, 2012
Closed on
Nov 26, 2012
Sold by
Secretary Of Hud
Bought by
Harvey James M
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Tina Ervin
BenchMark REALTORS, LLC
List Price
$14,000
Sold Price
$14,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%

Purchase Details

Closed on
Jul 18, 2012
Sold by
Harris Kenneth Joyner Barbara and Harris Barbara
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 31, 2003
Sold by
Page Beverly Craft
Bought by
Joyner Kenneth and Harris Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,452
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hg Holdings Llc $170,000 --
Fidelity Re Investment Group Inc -- None Available
Harvey James M -- None Available
Harvey James M $14,000 None Available
The Secretary Of Housing & Urban Develop $87,470 None Available
Joyner Kenneth $65,000 --
Page Beverly Craft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hg Holdings Llc $153,750
Closed Hg Holdings Llc $170,000
Previous Owner Joyner Kenneth $64,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $14,000 0.0% $10 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $14,000 -- $10 / 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 $386 $22,200 $2,000 $20,200
2024 $386 $11,400 $1,700 $9,700
2023 $694 $11,400 $1,700 $9,700
2022 $694 $11,400 $1,700 $9,700
2021 $825 $11,400 $1,700 $9,700
2020 $793 $10,950 $1,700 $9,250
2019 $350 $10,950 $1,700 $9,250
2018 $350 $10,950 $1,700 $9,250
2017 $358 $10,950 $1,700 $9,250
2016 $464 $10,625 $0 $0
2014 $464 $10,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Glosson

    Seller's Agent in 2012

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    3 in this area

    127 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image

  • T

    Buyer's Agent in 2012

    Tina Ervin

    BenchMark REALTORS, LLC

    (901) 496-5222

    14 Total Sales

    Tina Ervin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3257172

Memphis Area Association of REALTORS®

APN: 06-0027-0-0007

Tennessee Shelby County Memphis 38106 South Memphis

987 Rutgers Rd, Memphis, TN

This home is located at 987 Rutgers Rd, Memphis, TN 38106 since 01 October 2012 and is currently estimated at $111,000, approximately $69 per square foot. This property was built in 1942. 987 Rutgers Rd is a home located in Shelby County with nearby schools including Riverview Middle School, A. B. Hill Elementary School, and Hamilton High School.

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