Seller's Agent in 2021
Randall Weatherall
Memphis Metro Realty
(731) 487-5843
5 in this area
213 Total Sales
1081 Garland St Memphis, TN 38107
Vollintine Evergreen NeighborhoodEstimated Value: $88,000 - $117,000
2
Beds
1
Bath
1,633
Sq Ft
$63/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Tile Flooring
- Hot Water Heating System
- Step Saver Kitchen Design
- Central Heating and Cooling System
- Storm Doors
About This Home
As of September 2021Cashflowing duplex in a nicely up-and-coming part of town, this is not one to miss for investors! Both sides are currently occupied, one for $400 and the other for $500. Market rent in this area is $600-650/side, so plenty of room to raise those rents! Interior condition is unknown; buyer to verify via inspection once under contract. Do not disturb the tenants.
Last Agent to Sell the Property
Memphis Metro Realty License #348070 Listed on: 07/08/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 64x134
- Level Lot
Parking
- Driveway
Home Design
- Duplex
- Traditional Architecture
- Composition Shingle Roof
Interior Spaces
- 1,633 Sq Ft Home
- 1-Story Property
- Storm Doors
- Step Saver Kitchen Design
Flooring
- Partially Carpeted
- Tile
Utilities
- Central Heating and Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Watkins Glen Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- Month-to-Month Lease Term
- Assessor Parcel Number 040033 00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 20, 2023
Sold by
Larmour James
Bought by
Pit Fire Llc-Gar1081 Protected Series
Current Estimated Value
Purchase Details
Listed on
Jul 8, 2021
Closed on
Sep 7, 2021
Sold by
Equity Trust Companyia
Bought by
Larmour James
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$94,900
Sold Price
$90,000
Premium/Discount to List
-$4,900
-5.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$40,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 20, 2012
Sold by
Direct J Home Solutions Llc
Bought by
Equity Trust Company and Katherine Dennis Ira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
3.65%
Mortgage Type
Unknown
Purchase Details
Listed on
Dec 29, 2011
Closed on
Feb 1, 2012
Sold by
Fannie Mae
Bought by
Direct J Homes Solutions Llc
Seller's Agent
Kenneth Tate
Tate Realty and Construction
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$19,900
Sold Price
$18,250
Premium/Discount to List
-$1,650
-8.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Purchase Details
Closed on
Nov 21, 2011
Sold by
Ruparatne Yohan S and Ruparatne Melissa A
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 24, 2008
Sold by
Ray Lee Investment Corp Inc
Bought by
Ruparatne Yohan S and Ruparatne Melissa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.17%
Mortgage Type
Unknown
Purchase Details
Closed on
May 8, 2007
Sold by
Smith Fredericka A
Bought by
Ray Lee Investment Co Inc
Purchase Details
Closed on
Jul 12, 2001
Sold by
Va
Bought by
Smith Fredericka A
Purchase Details
Closed on
Dec 6, 2000
Sold by
Mack Cathey L
Bought by
Va
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pit Fire Llc-Gar1081 Protected Series | -- | None Listed On Document | |
| Larmour James | $90,000 | Local Title Llc | |
| Equity Trust Company | $64,200 | Westenn Title & Escrow Servi | |
| Direct J Homes Solutions Llc | $18,250 | None Available | |
| Federal National Mortgage Association | $86,735 | None Available | |
| Ruparatne Yohan S | $86,000 | None Available | |
| Ray Lee Investment Co Inc | $3,500 | None Available | |
| Smith Fredericka A | $32,000 | -- | |
| Va | $36,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Larmour James | $40,000 | |
| Previous Owner | Equity Trust Company | $35,500 | |
| Previous Owner | Ruparatne Yohan S | $77,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2021 09/08/21 | Sold | $90,000 | -5.2% | $55 / Sq Ft | |
| 07/08/2021 07/08/21 | For Sale | $94,900 | +420.0% | $58 / Sq Ft | |
| 02/03/2012 02/03/12 | Sold | $18,250 | -8.3% | $11 / Sq Ft | View Prior Sale |
| 01/20/2012 01/20/12 | Pending | -- | -- | -- | |
| 12/29/2011 12/29/11 | For Sale | $19,900 | -- | $12 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $36,080 | $3,600 | $32,480 |
| 2024 | -- | $16,120 | $1,800 | $14,320 |
| 2023 | $982 | $16,120 | $1,800 | $14,320 |
| 2022 | $982 | $16,120 | $1,800 | $14,320 |
| 2021 | $437 | $16,120 | $1,800 | $14,320 |
| 2020 | $1,203 | $16,600 | $1,800 | $14,800 |
| 2019 | $531 | $16,600 | $1,800 | $14,800 |
| 2018 | $531 | $16,600 | $1,800 | $14,800 |
| 2017 | $543 | $16,600 | $1,800 | $14,800 |
| 2016 | $797 | $18,240 | $0 | $0 |
| 2014 | $797 | $18,240 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Randall Weatherall
-
K
Seller's Agent in 2012
Kenneth Tate
Tate Realty and Construction
-
J
Buyer's Agent in 2012
Jim Pickens
Lawrence Johnson, REALTORS
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10103509
APN: 04-0033-0-0009
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