NOT LISTED FOR SALE

Estimated Value: $67,000 - $126,000

1 Bed
1 Bath
713 Sq Ft
$142/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Porch
  • Wooded Lot
  • Separate Formal Living Room
  • Double Pane Windows

About This Home

As of June 2022

Newly renovated duplex unit in hot 38107 Zip Code. Just minutes from Downtown. This home is a nice duplex apartment for a empty-nester. Brick structure with 1 Large Bedroom, Large Living Room, and A LOT OF NEW STUFF!!! Maintenance of the unit will be very affordable.

Last Agent to Rent the Property

Todd Harris

Metropolis Real Estate Service License #277077 Listed on: 05/27/2022

Last Renter's Agent

Todd Harris

Metropolis Real Estate Service License #277077 Listed on: 05/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52x147
  • Wooded Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 713 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Double Pane Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Vinyl Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 021046 00040

Community Details

Overview

  • 2 Units
  • Murphy Blk 5 Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, Duplex-Inc
  • Cross Street: Chelsea
  • MLS Map #: 741D
  • MAAR Subdivision Name: MURPHY BLK 5
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.12
  • Estimated Sq Ft: 713
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Vinyl Floor, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Sec Doors, Porch
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Street Parking Only

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded
  • Lot Number: PT 18&19
  • Acreage: 0.17
  • Lot Size: 52X147
  • Price Per Acre: 5265

Multi Family

  • Number Of Rooms: 4
  • Total Number Of Units: 2

Tax Info

  • Assessor Parcel Number: 021046 00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 21, 2022
Sold by
T Harris Development And Construction Ll
Bought by
T Harris Real Estate Llc
Seller's Agent
Todd Harris
Metropolis Real Estate Service
Buyer's Agent
Todd Harris
Metropolis Real Estate Service
Sold Price
$795
Current Estimated Value
$101,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,738
Original Mortgage
$114,750
Outstanding Balance
$109,022
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$7,489

Purchase Details

Closed on
May 4, 2021
Sold by
Mateo Llc
Bought by
T Harris Development And Const Llc

Purchase Details

Closed on
Jun 16, 2020
Sold by
County Of Shelby
Bought by
Mateo Llc

Purchase Details

Closed on
May 30, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Destiny Connection Inc

Purchase Details

Closed on
Feb 14, 2013
Sold by
Spiker Brian
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 28, 2006
Sold by
County Of Shelby
Bought by
Valentine James E
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
T Harris Real Estate Llc -- None Listed On Document
T Harris Development And Const Llc -- None Available
Mateo Llc $9,950 None Available
Destiny Connection Inc -- None Available
Deutsche Bank National Trust Co $20,000 None Available
Valentine James E $3,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T Harris Real Estate Llc $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Rented $795 -11.2% --
05/27/2022 05/27/22 For Rent $895 -- --
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 $637 $33,120 $3,120 $30,000
2024 $75 $18,800 $1,200 $17,600
2023 $134 $2,200 $1,200 $1,000
2022 $134 $2,200 $1,200 $1,000
2021 $159 $2,200 $1,200 $1,000
2020 $304 $4,200 $1,200 $3,000
2019 $134 $4,200 $1,200 $3,000
2018 $376 $11,760 $1,200 $10,560
2017 $385 $11,760 $1,200 $10,560
2016 $545 $12,480 $0 $0
2014 $545 $12,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10125020

Memphis Area Association of REALTORS®

APN: 02-1046-0-0040