Caleb Hall
Keller Williams
(901) 295-3396
200 Total Sales
1 in Crosstown
$265,000 Price
1055 Merriwether Ave Memphis, TN 38105
Crosstown Neighborhood
24
Beds
--
Bath
30,797
Sq Ft
1950
Built
About This Home
As of August 2019This recently rehabbed 16 unit building is located in the Midtown Medical Center area. The units are both 2BR 1BA AND 1BR 1 BATH with new roofing and central heat and air. The total scheduled monthly income is 9150. Drive by only. Please do not disturb residents. Inspection contingent upon acceptable offer!
Last Agent to Sell the Property
Crye-Leike Commercial License #250330 Listed on: 01/29/2019
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Property Details
Home Type
- Apartment
Year Built
- Built in 1950
Parking
- Paved Parking
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 30,797 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Free-Standing Range
- Washer and Dryer Hookup
Lot Details
- Lot Dimensions are 176 x 175
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for some utilities
- Assessor Parcel Number 020091 00001
Community Details
Overview
- 16 Units
- Harvey Subdivision
Building Details
- Insurance Expense $3,352
- Utility Expense $2,625
- Operating Expense $26,299
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,640,000
Outstanding Balance
$2,341,922
Interest Rate
4.92%
Purchase Details
Listed on
Jan 29, 2019
Closed on
Aug 15, 2019
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Aug 19, 2015
Closed on
Dec 29, 2015
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$280,000
Sold Price
$199,248
Premium/Discount to List
-$80,752
-28.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.76%
Purchase Details
Closed on
Jul 31, 2009
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Crosstown, TN
-
Caleb Hall
-
Ronald Sandefer
Ronald Sandefer
Emmett Baird Realty, LLC
(901) 763-6886
114 Total Sales
1 in Crosstown
$315,000 Price
-
Kim Golden
Kim Golden
Mint Realty Group
(901) 267-0906
69 Total Sales
4 in Crosstown
$185K - $400K Price Range
-
Valencia Gathwright
Valencia Gathwright
Keller Williams
(901) 350-4332
89 Total Sales
2 in Crosstown
$200K - $348K Price Range
-
Oliver Peyton
Oliver Peyton
The Peyton Co., Inc., REALTORS
(901) 441-9050
38 Total Sales
1 in Crosstown
$15,000 Price
-
Jordan Ray
Jordan Ray
eXp Realty
(901) 350-7982
180 Total Sales
2 in Crosstown
$69K - $125K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $12,500,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| $500,000 | None Available | ||
| $2,879,400 | Attorney | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $10,640,000 | ||
| Previous Owner | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2019 08/19/19 | Sold | $500,000 | -16.0% | $16 / Sq Ft | |
| 03/14/2019 03/14/19 | Pending | -- | -- | -- | |
| 03/06/2019 03/06/19 | For Sale | $595,000 | 0.0% | $19 / Sq Ft | |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- | |
| 01/29/2019 01/29/19 | For Sale | $595,000 | +198.6% | $19 / Sq Ft | |
| 12/30/2015 12/30/15 | Sold | $199,248 | -28.8% | $6 / Sq Ft | View Prior Sale |
| 08/31/2015 08/31/15 | Pending | -- | -- | -- | |
| 08/19/2015 08/19/15 | For Sale | $280,000 | -- | $9 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,519 | $205,160 | $36,960 | $168,200 |
| 2024 | $6,524 | $192,440 | $24,640 | $167,800 |
| 2023 | $11,723 | $192,440 | $24,640 | $167,800 |
| 2022 | $11,723 | $192,440 | $24,640 | $167,800 |
| 2021 | $11,860 | $192,440 | $24,640 | $167,800 |
| 2020 | $4,081 | $56,320 | $24,640 | $31,680 |
| 2019 | $1,800 | $56,320 | $24,640 | $31,680 |
| 2018 | $1,800 | $56,320 | $24,640 | $31,680 |
| 2017 | $1,843 | $56,320 | $24,640 | $31,680 |
| 2016 | $2,341 | $53,560 | $0 | $0 |
| 2014 | $2,341 | $53,560 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Moore
Seller's Agent in 2019
Jeffrey Moore
Crye-Leike
(901) 277-0477
1 in this area
69 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10044954
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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