NOT LISTED FOR SALE

Estimated Value: $137,000 - $217,667

2 Beds
1 Bath
1,842 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $125,000 $68 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,014/month

36 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of October 2018

~ EXCELLENT OPPORTUNITY FOR INVESTORS ~ NEWLY RENOVATED ~ DO NOT DISTURB THE TENANTS. Well maintained and spacious Mid-Town duplex. Great for owner occupant/investors. Large living/dining rooms with 2br/1ba per side and central heating/air. Both sides currently rented ($650 per side). NEW ROOF, NEW HOT WATER HEATER, NEW AC/HEATING SYSTEM, REFINISHED FLOORS, SEPERATE GAS/ELECTRIC METERS. 10 YEAR WARRANTY COVERS AC/HEATER, HOT WATER HEATER AND ELECTRICAL WORK.Call today to schedule a showing!

Last Agent to Sell the Property

Javanha Davis

Adaro Realty, Inc. License #336797 Listed on: 08/15/2018

Adaro Realty, Inc.

Last Buyer's Agent

Joel Smith

Keller Williams License #215909

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Recirculated Exhaust Fan

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Herman Gruber Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 041022 00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 742C
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 79
  • Number Of Stories: 2
  • Price Per Sq Ft: 67.86
  • Estimated Sq Ft: 1842
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Exhaust Fan/Vent Hood

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 15
  • Acreage: 0.23
  • Lot Size: 60/60.03 X 171.0/168.4
  • Price Per Acre: 630435

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 041022 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 22, 2018
Sold by
Irving William and Irving Renata
Bought by
Barnett Martin and Hepler Jennifer
Seller's Agent
Javanha Davis
Adaro Realty, Inc.
Buyer's Agent
Joel Smith
Keller Williams
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Current Estimated Value
$182,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,917
Avg. Annual Appreciation
6.17%
Original Mortgage
$93,750
Outstanding Balance
$82,589
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$105,388

Purchase Details

Listed on
Aug 23, 2017
Closed on
Nov 6, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Irving William
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Javanha Davis
Adaro Realty, Inc.
List Price
$27,900
Sold Price
$20,000
Premium/Discount to List
-$7,900
-28.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
602.56%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Meachem William L

Purchase Details

Closed on
Oct 5, 2006
Sold by
The Bank Of New York
Bought by
Meachem William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2006
Sold by
Young Demetrius and Young Latacha
Bought by
The Bank Of New York and Eqcc Asset Becked Certificates Series 20

Purchase Details

Closed on
Apr 12, 2001
Sold by
Sugarmon Russell B
Bought by
Young Dometrius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
11.19%
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
Barnett Martin $125,000 Realty Title
Irving William $20,000 Servicelink Llc
Meachem William L $53,043 None Available
Meachem William L $60,000 None Available
The Bank Of New York $52,749 --
Young Dometrius $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Martin $93,750
Previous Owner Meachem William L $54,000
Previous Owner Young Dometrius $61,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $125,000 -13.8% $68 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $145,000 +625.0% $79 / Sq Ft
11/16/2017 11/16/17 Sold $20,000 -28.3% $11 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $27,900 -- $15 / 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 $515 $27,880 $2,400 $25,480
2024 $515 $15,200 $1,600 $13,600
2023 $926 $15,200 $1,600 $13,600
2022 $926 $15,200 $1,600 $13,600
2021 $937 $15,200 $1,600 $13,600
2020 $1,365 $18,840 $1,600 $17,240
2019 $602 $18,840 $1,600 $17,240
2018 $602 $18,840 $1,600 $17,240
2017 $616 $18,840 $1,600 $17,240
2016 $884 $20,240 $0 $0
2014 $884 $20,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10034353

Memphis Area Association of REALTORS®

APN: 04-1022-0-0037