NOT LISTED FOR SALE

1015 Getwell Rd Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $97,000 - $136,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $75,000 $54 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $700/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2021

Attention All Investors! Check out this great investment opportunity right across from UofM Athletic Complex and minutes from Campus. Tenant Occupied, DO NOT DISTURB TENANTS. Lease Expires September 30, 2021. Tenant pays $850/month. No showings until after accepted offer. Property rehabbed in 2018. Seller will consider all offers.

Last Agent to Sell the Property

Joseph Johnson

BEST Real Estate Company License #347391 Listed on: 03/06/2021

BEST Real Estate Company

Last Buyer's Agent

Mario Jaramillo

REMAX Experts License #357389

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,303 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Kennedy Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058058 00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$841

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 758B
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1303
  • Year Built: 1947
  • 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
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 72
  • Acreage: 0.2
  • Lot Size: 60X150
  • Price Per Acre: 522500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058058 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
May 12, 2021
Sold by
Gs Invest Llc
Bought by
Ithaka Holdings Llc
Seller's Agent
Joseph Johnson
BEST Real Estate Company
Buyer's Agent
Mario Jaramillo
REMAX Experts
List Price
$114,500
Sold Price
$75,000
Premium/Discount to List
-$39,500
-34.5%
Current Estimated Value
$118,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,760
Avg. Annual Appreciation
10.96%
Original Mortgage
$93,600
Outstanding Balance
$13,333
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$105,427

Purchase Details

Closed on
Apr 29, 2020
Sold by
Husein Al Moraisi
Bought by
Gs Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2004
Sold by
Khmous Talaat Masoud
Bought by
Al Moraisi Husein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2001
Sold by
Mueller Michael G
Bought by
Khmous Talaat Masoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,556
Interest Rate
7.11%
Mortgage Type
FHA
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
Ithaka Holdings Llc $75,000 Closetrak
Gs Invest Llc $70,000 Close Trak Closing & Ttl Svc
Al Moraisi Husein $65,000 Equity Title & Escrow Co
Khmous Talaat Masoud $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ithaka Holdings Llc $93,600
Previous Owner Gs Invest Llc $66,300
Previous Owner Al Moraisi Husein $61,750
Previous Owner Khmous Talaat Masoud $54,556
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $75,000 -28.2% $63 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/16/2021 03/16/21 Price Changed $104,500 -8.7% $87 / Sq Ft
03/06/2021 03/06/21 For Sale $114,500 -- $95 / 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 $841 $27,600 $6,700 $20,900
2024 $841 $24,800 $4,750 $20,050
2023 $1,511 $24,800 $4,750 $20,050
2022 $1,511 $24,800 $4,750 $20,050
2021 $856 $24,800 $4,750 $20,050
2020 $940 $12,975 $2,800 $10,175
2019 $415 $12,975 $2,800 $10,175
2018 $415 $12,975 $2,800 $10,175
2017 $424 $12,975 $2,800 $10,175
2016 $568 $13,000 $0 $0
2014 $568 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Johnson

    Seller's Agent in 2021

    Joseph Johnson

    BEST Real Estate Company

    (901) 644-7278

    3 in this area

    33 Total Sales

    Joseph Johnson
    Section Image
  • Mario Jaramillo

    Buyer's Agent in 2021

    Mario Jaramillo

    RE/MAX

    (714) 323-0958

    23 in this area

    58 Total Sales

    Mario Jaramillo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094642

Memphis Area Association of REALTORS®

APN: 05-8058-0-0010

Tennessee Shelby County Memphis 38111 Audubon Park

1015 Getwell Rd, Memphis, TN

This home is located at 1015 Getwell Rd, Memphis, TN 38111 since 06 March 2021 and is currently estimated at $118,760, approximately $84 per square foot. This property was built in 1947. 1015 Getwell Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

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