$1,220,394
SOLD DEC 30, 2015
170 Beds
-- Bath
111,231 Sq Ft
1.97 Acres

Recently Sold

$11 Per Sq Ft

29% Below List Price

12 Days on Market

Highlights

  • 1.97 Acre Lot
  • Central Heating and Cooling System
  • Partially Carpeted

About This Home

As of June 2019

This 98 unit property is located in the Memphis Medical Center Area. The units are 1 & 2 bedrooms. The scheduled monthly rents are 40675 per month.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/19/2015

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/19/2015

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 1.97 Acre Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 111,231 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Flooring

  • Partially Carpeted
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 98 Units
  • Harvey Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020091 00002C

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MLS Map #: 741E
  • MAAR Subdivision Name: HARVEY
  • Freestanding: Yes
  • List Price Per Sq Ft: 11
  • Number Of Stories: 2
  • Price Per Sq Ft: 619489.34
  • Estimated Sq Ft: 111231
  • Year Built: 1966
  • Construction: Brick/Veneer
  • List Price Per Unit: 12453
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor, Partial Carpet
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central, 1 Window Unit per Unit
  • Heating Systems: Central, Wall Heat

Lot Info

  • Lot Number: 2
  • Acreage: 1.97
  • Lot Size: 144.83/111.75 X 671.5 IRR/671.5
  • Price Per Acre: 619489
  • Improved Sq Ft: 55202
  • Land Sq Ft: 111232

Rental Info

  • Leaseable Sq Ft: 55202
  • Tenant Pays: Some Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 020091 00002C

Multi Family

  • Perc Occ: 65
  • Total Number Of Units: 98
  • Number1 Bedroom Units: 26
  • Number2 Bedroom Units: 72
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $1,970,000 -17.9% $49 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $2,400,000 -8.7% $60 / Sq Ft
02/22/2019 02/22/19 For Sale $2,628,000 0.0% $66 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $2,628,000 +115.3% $66 / Sq Ft
12/30/2015 12/30/15 Sold $1,220,394 -28.8% $11 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $1,715,000 -- $15 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9959453

Memphis Area Association of REALTORS®