NOT LISTED FOR SALE

Estimated Value: $46,000 - $143,000

1 Bed
1 Bath
1,088 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $30,000 $28 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $496/month

107 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Some Wood Windows

About This Home

As of February 2023

Duplex in transitioning area of N Memphis, just north of the Vollintine-Evergreen Historic District. The units may need a little work, but market rent is about $650-700/side, so there is potential for some KILLER CASHFLOW here! Seller is also selling 1054/1056 Claybrook, across the street, so ask your Agent about that one as well! 1069 tenant in place since 7/2015 and paying $348 (exp. 8/2023) | 1071 is vacant - please contact your Agent to potentially show

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 10/11/2022

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 10/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $359

Year Built

  • Built in 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Epsteins Brown Ave Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, lawn maintenance
  • Assessor Parcel Number 021068 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$359

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1071
  • MLS Map #: 742C
  • MAAR Subdivision Name: EPSTEINS BROWN AVE
  • Freestanding: Yes
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.57
  • Estimated Sq Ft: 1088
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.13
  • Lot Size: 60X100
  • Price Per Acre: 633846

Rental Info

  • Tenants Pay: All Utilities, Trash Collection, Lawn Maintenance

Tax Info

  • Assessor Parcel Number: 021068 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 26, 2023
Sold by
Equity Trust Company
Bought by
Amini Building Resources Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$84,900
Sold Price
$30,000
Premium/Discount to List
-$54,900
-64.66%
Total Days on Market
107
Views
1
Current Estimated Value
$87,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,739
Avg. Annual Appreciation
59.13%
Original Mortgage
$252,000
Interest Rate
6.48%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 15, 2012
Sold by
Property Sept 2011 Llc
Bought by
Equity Trust Company and David Critchfield Ira

Purchase Details

Closed on
Oct 24, 2011
Sold by
Diamond Equity Group Llc
Bought by
Property Sept 2011 Llc

Purchase Details

Closed on
Aug 11, 2009
Sold by
Garrett Land Development Company Llc
Bought by
Diamond Equity Group Llc

Purchase Details

Closed on
May 15, 2009
Sold by
Lauer Herbert and Lauer Judith Loraine
Bought by
Garrett Land Development Company Llc
Source: Public Records

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Range of Values:

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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
Amini Building Resources Llc $60,000 --
Equity Trust Company $35,900 Regency Title & Escrow Llc
Property Sept 2011 Llc $15,384 None Available
Diamond Equity Group Llc -- None Available
Garrett Land Development Company Llc $103,653 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Amini Building Resources Llc $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $30,000 -63.6% $28 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
11/22/2022 11/22/22 Price Changed $82,400 -2.9% $76 / Sq Ft
10/11/2022 10/11/22 For Sale $84,900 -- $78 / 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 $359 $19,680 $3,600 $16,080
2024 -- $10,600 $1,800 $8,800
2023 $646 $10,600 $1,800 $8,800
2022 $646 $10,600 $1,800 $8,800
2021 $653 $10,600 $1,800 $8,800
2020 $899 $12,400 $1,800 $10,600
2019 $899 $12,400 $1,800 $10,600
2018 $898 $12,400 $1,800 $10,600
2017 $510 $12,400 $1,800 $10,600
2016 $496 $11,360 $0 $0
2014 $496 $11,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10135387

Memphis Area Association of REALTORS®

APN: 02-1068-0-0022