NOT LISTED FOR SALE
8 Beds
-- Baths
2,744 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: December 8, 2021

Last sale price $270,000 $98 Per Sq Ft

43 Days on Market

About This Home

As of December 2021

Wonderful investment property, 4 units and turnkey, cash flow immediately! All units are brand new move in ready for tenants, 2 bedrooms with 1 bathroom.Over 10% cap rate as each unit can be rented out for 700 dollars. All appliance are included and will be installed prior to closing. Don't wait, this one will not last. Please call to schedule an appointment, Closed key box.

Last Agent to Sell the Property

Crystal Tu

BHHS Taliesyn Realty License #325294 Listed on: 08/10/2021

BHHS Taliesyn Realty

Last Buyer's Agent

Melissa Batdorf

Get Listed License #295792

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 47.4 x 137

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,744 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Microwave
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 4 Units
  • Unthank & Phillips Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 014025 00005

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: UNTHANK & PHILLIPS
  • Freestanding: Yes
  • List Price Per Sq Ft: 98
  • Number Of Stories: 2
  • Estimated Sq Ft: 2744
  • Year Built: 1955
  • Construction: Brick
  • List Price Per Unit: 67500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Disposal, Microwave

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

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

Lot Info

  • Lot Number: S PT 9
  • Acreage: 0.14
  • Lot Size: 47.4 X 137
  • Improved Sq Ft: 2744
  • Land Sq Ft: 6403

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 014025 00005

Multi Family

  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 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

Listed on
Aug 10, 2021
Closed on
Dec 4, 2021
Sold by
Sanchez Zambrano David V
Bought by
Seller's Agent
Crystal Tu
BHHS Taliesyn Realty
Buyer's Agent
Melissa Batdorf
Get Listed
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$182,311
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2020
Sold by
Divine Properties Llc
Bought by
Sanchez Zambrano David V

Purchase Details

Closed on
Mar 20, 2017
Sold by
County Of Shelbby
Bought by
Divine Properties Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$270,000 Edco Ttl & Closing Svcs Inc
Sanchez Zambrano David V -- None Available
Divine Properties Llc $19,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $202,500
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
12/08/2021 12/08/21 Sold $270,000 0.0% $98 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $270,000 -- $98 / 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 $2,248 $83,560 $4,120 $79,440
2024 $2,023 $59,680 $3,720 $55,960
2023 $3,635 $59,680 $3,720 $55,960
2022 $899 $14,760 $3,720 $11,040
2021 $1,069 $14,760 $3,720 $11,040
2020 $1,000 $13,800 $3,720 $10,080
2019 $441 $13,800 $3,720 $10,080
2018 $441 $13,800 $3,720 $10,080
2017 $0 $0 $0 $0
2016 $573 $13,120 $0 $0
2014 $573 $13,120 $0 $0
Source: Public Records

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106076

Memphis Area Association of REALTORS®
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