NOT LISTED FOR SALE

1046 Gordon St Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $116,070 - $137,000

2 Beds
1 Bath
1,586 Sq Ft
$78/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2017

Last sale price $52,000 $33 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $711 / mo

80 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Partially Carpeted
  • Brick Veneer
  • Combination Dining and Living Room
  • Level Lot

About This Home

As of March 2017

Great Investment Opportunity ~ Tenant Occupied ~ $1000/Month Combined ~ Please Do Not Disturb Tenants

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 11/08/2016

Last Buyer's Agent

Hal Jaffe

eXp Realty, LLC License #337411

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Partially Carpeted

Utilities

  • Central Heating and Cooling System

Community Details

  • Richard Louis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038052 00021

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1048
  • MAAR Subdivision Name: RICHARD LOUIS
  • Freestanding: Yes
  • List Price Per Sq Ft: 33
  • Number Of Stories: 1
  • Estimated Sq Ft: 1586
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.15
  • Lot Size: 50 X 135.65/135.56

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 038052 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2016
Closed on
Mar 29, 2017
Sold by
Al Absawi Musa
Bought by
Zeeman Marthinus and Zeeman Corina
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Hal Jaffe
eXp Realty, LLC
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%
Current Estimated Value
$123,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,268
Avg. Annual Appreciation
10.01%
Original Mortgage
$44,200
Outstanding Balance
$36,720
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$86,548

Purchase Details

Closed on
Jul 2, 2012
Sold by
Absawi Rahl Al and Al Absawi Rahif K
Bought by
Al Absawi Musa

Purchase Details

Closed on
Sep 30, 2002
Sold by
Moss D Michael and Moss Carolyn E
Bought by
Alabsawi Rahif and Alabsawi Musa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,050
Interest Rate
6.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zeeman Marthinus $52,000 None Available
Al Absawi Musa -- Multiple
Alabsawi Rahif $61,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeeman Marthinus $44,200
Previous Owner Alabsawi Rahif $55,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $52,000 -5.5% $33 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $55,000 -- $35 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $701 $34,560 $5,360 $29,200
2024 $701 $20,680 $2,280 $18,400
2023 $1,260 $20,680 $2,280 $18,400
2022 $1,260 $20,680 $2,280 $18,400
2021 $1,275 $20,680 $2,280 $18,400
2020 $1,603 $22,120 $2,000 $20,120
2019 $1,603 $22,120 $2,000 $20,120
2018 $1,603 $22,120 $2,000 $20,120
2017 $909 $22,120 $2,000 $20,120
2016 $1,119 $25,600 $0 $0
2014 $1,119 $25,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Carstensen

    Seller's Agent in 2017

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    14 in this area

    510 Total Sales

    Jennifer Carstensen
    Section Image
  • Hal Jaffe

    Buyer's Agent in 2017

    Hal Jaffe

    eXp Realty, LLC

    (901) 229-4725

    6 Total Sales

    Hal Jaffe
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9990388

Memphis Area Association of REALTORS®

APN: 03-8052-0-0021

Tennessee Shelby County Memphis 38122 Berclair

1046 Gordon St, Memphis, TN

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