NOT LISTED FOR SALE
26 Beds
-- Bath
14,950 Sq Ft
1971 Built

Sale Details

Date Sold: June 8, 2018

Last sale price $865,000 $58 Per Sq Ft

59 Days on Market

About This Home

As of June 2018

This 26 unit building is located in the Memphis Medical Center area of Midtown. The units are all 1 bedroom with central heating and air. The scheduled monthly rents are $10,365 per month. Please drive by before scheduling appointment . Please do not disturb residents. This is a part of a 124 unit portfolio that must be purchased together with the 98 unit at 1070 Poplar.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 12/02/2017

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 12/02/2017

Crye-Leike Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1971

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 14,950 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Free-Standing Range

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020091 00004C

Community Details

Overview

  • 26 Units
  • Harvey Subdivision

Building Details

  • Insurance Expense $5,995
  • Utility Expense $10,920

Property Details

Home Type

Apartment

Year Built

Built in 1971

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: HARVEY
  • Freestanding: Yes
  • List Price Per Sq Ft: 58
  • Number Of Stories: 2
  • Estimated Sq Ft: 14950
  • Year Built: 1971
  • Construction: Brick/Veneer
  • List Price Per Unit: 33292.31
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake, Pitched

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central, Electrial
  • Heating Systems: Central, Electrical

Lot Info

  • Lot Number: PT 1 and 2
  • Lot Size: 156.24/263.72 X 150 + 40/187.55+15
  • Improved Sq Ft: 14950
  • Land Sq Ft: 41208

Rental Info

  • Actual Annual Rent: 118161
  • Leaseable Sq Ft: 14950
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020091 00004C

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 26
  • Type of Unit: 1 BR - 1 Bath

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
Mar 28, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2021
Sold by
Bought by

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
$455,000
Sold Price
$323,778
Premium/Discount to List
-$131,222
-28.84%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,650,000 Advocate Title & Escrow Servic
-- None Available
$2,879,400 Attorney
-- None Available
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
06/08/2018 06/08/18 Sold $865,000 +10.5% $58 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
12/02/2017 12/02/17 For Sale $782,600 +141.7% $52 / Sq Ft
12/30/2015 12/30/15 Sold $323,778 -28.8% $8 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $455,000 -- $11 / 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 $10,251 $381,080 $49,440 $331,640
2024 $2,845 $83,920 $32,960 $50,960
2023 $5,112 $83,920 $32,960 $50,960
2022 $5,112 $83,920 $32,960 $50,960
2021 $2,895 $83,920 $32,960 $50,960
2020 $5,695 $78,600 $32,960 $45,640
2019 $2,512 $78,600 $32,960 $45,640
2018 $2,512 $78,600 $32,960 $45,640
2017 $2,571 $78,600 $32,960 $45,640
2016 $3,267 $74,760 $0 $0
2014 $3,267 $74,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10016554

Memphis Area Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.