NOT LISTED FOR SALE

1011 Oakview St Memphis, TN 38114

Annesdale Neighborhood

Estimated Value: $177,000 - $211,000

5 Beds
3 Baths
2,362 Sq Ft
$83/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $192,000 $81 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,137/month

118 Days on Market

About This Home

As of March 2024

This 3 unit building is available nr Booming Midtown Memphis! There are two 2-BR and one 1-BR unit. The total scheduled monthly income is 2525 per month. There is a new roof and 2 recently renovated units. Drive by only, please do not disturb tenants.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 10/03/2023

Crye-Leike Commercial

Last Buyer's Agent

David Truong

eXp Realty, LLC License #285299

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,362 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 031034 00010

Community Details

Overview

  • 3 Units
  • Lamar Park Subdivision

Building Details

  • Insurance Expense $1,595
  • Utility Expense $675
  • Operating Expense $5,775

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,172

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 746J
  • MAAR Subdivision Name: LAMAR PARK
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 1129411.76
  • Estimated Sq Ft: 2362
  • Year Built: 1924
  • Construction: Brick/Veneer
  • List Price/ Sq Ft: 88
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Lot Info

  • Lot Number: S PT 25
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 1229412
  • Improved Sq Ft: 2362
  • Land Sq Ft: 7500

Rental Info

  • Actual Annual Rent: 17700
  • Leaseable Sq Ft: 2362
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 031034 00010

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 3
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 2
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Mar 19, 2024
Sold by
Cage Leo D and Cage Jaqcquelyn D
Bought by
Nevares Taylor W and Nevares Jordan R
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
David Truong
eXp Realty, LLC
List Price
$209,000
Sold Price
$192,000
Premium/Discount to List
-$17,000
-8.13%
Views
100
Current Estimated Value
$195,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,156
Avg. Annual Appreciation
-1.88%
Original Mortgage
$144,000
Outstanding Balance
$142,206
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$44,450
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
Nevares Taylor W $192,000 Mid South Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevares Taylor W $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $192,000 -8.1% $81 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
11/21/2023 11/21/23 For Sale $209,000 0.0% $88 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $209,000 -- $88 / 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 $1,172 $87,480 $10,000 $77,480
2024 $1,172 $34,560 $4,000 $30,560
2023 $2,105 $34,560 $4,000 $30,560
2022 $2,105 $34,560 $4,000 $30,560
2021 $2,130 $34,560 $4,000 $30,560
2020 $2,327 $32,120 $4,000 $28,120
2019 $2,327 $32,120 $4,000 $28,120
2018 $2,327 $32,120 $4,000 $28,120
2017 $1,320 $32,120 $4,000 $28,120
2016 $1,474 $33,720 $0 $0
2014 $1,474 $33,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2024

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    6 in this area

    88 Total Sales

    Jeffrey Moore
    Section Image
  • David Truong

    Buyer's Agent in 2024

    David Truong

    eXp Realty, LLC

    (901) 503-3947

    3 in this area

    183 Total Sales

    David Truong
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10158005

Memphis Area Association of REALTORS®

APN: 03-1034-0-0010

Tennessee Shelby County Memphis 38114 Annesdale

1011 Oakview St, Memphis, TN

This home is located at 1011 Oakview St, Memphis, TN 38114 since 03 October 2023 and is currently estimated at $195,156, approximately $82 per square foot. This property was built in 1924. 1011 Oakview St is a home located in Shelby County with nearby schools including Rozelle Elementary School, Central High School, and Believe Memphis Academy Charter School.

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