NOT LISTED FOR SALE

1205 Vance Ave Unit 3 Memphis, TN 38104

Annesdale Neighborhood

Estimated Value: $202,000 - $338,000

4 Beds
3 Baths
2,842 Sq Ft
$90/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $178,750 $63 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,523/month

15 Days on Market

Highlights

  • The property is located in a historic district
  • Efficiency Studio
  • Cooling Available
  • Wood Flooring
  • Enclosed Parking
  • Landscaped

About This Home

As of November 2018

Super location, and income producer. 3 units ready to produce income. Highly sought after Midtown. Just down the street from Hospital, and School.

Last Agent to Sell the Property

Wanda Gordon

The Peyton Co., Inc., REALTORS License #250359 Listed on: 10/01/2018

The Peyton Co., Inc., REALTORS

Last Buyer's Agent

Brandon Kamm

Revid Investments, LLC License #297627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1938

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 133
  • Wood Fence
  • Landscaped
  • Property is zoned RU-3

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,842 Sq Ft Home
  • 2-Story Property
  • Efficiency Studio
  • Built-In Range
  • Crawl Space
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Parking

  • Enclosed Parking
  • Parking Available
  • Gravel Driveway
  • Paved Parking

Location

  • The property is located in a historic district

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Eastmoreland Blk 6 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 018047 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • MLS Map #: 746F
  • MAAR Subdivision Name: EASTMORELAND BLK 6
  • Freestanding: Yes
  • List Price Per Sq Ft: 70
  • Number Of Stories: 2
  • Price Per Sq Ft: 1191666.67
  • Estimated Sq Ft: 2842
  • Year Built: 1938
  • Construction: Brick
  • List Price Per Unit: 66666.67
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile
  • Appliances Equipment: Range/Oven (Built-In)

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition
  • Miscellaneous Exterior: Sidewalks, Some Landscaping, Wood Fence, Historic District

Garage/Parking

  • Parking Facility: Concrete, Gravel, Enclosed, 1 Per Unit

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Electrial, 220 Wiring
  • Heating Systems: Central, Gas
  • Laundry: Connections

Lot Info

  • Lot Number: E PT 8
  • Acreage: 0.15
  • Lot Size: 50 X 133
  • Price Per Acre: 1333333
  • Improved Sq Ft: 2842
  • Land Sq Ft: 6650
  • Zoning: RU-3

Rental Info

  • Leaseable Sq Ft: 2842
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 018047 00009

Multi Family

  • Total Number Of Units: 3
  • Number2 Bedroom Units: 2
  • Number Efficiency Studio Units: 1
  • Type of Unit: Efficiency/Studio, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 13, 2018
Sold by
Richardson Ira A and Calhoun Susan V
Bought by
Ess Investments Llc
Seller's Agent
Wanda Gordon
The Peyton Co., Inc., REALTORS
Buyer's Agent
Brandon Kamm
Revid Investments, LLC
List Price
$200,000
Sold Price
$178,750
Premium/Discount to List
-$21,250
-10.62%
Current Estimated Value
$254,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,741
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Feb 9, 2004
Sold by
Covington Miller Patricia P and Covington John
Bought by
Richardson Ira A and Calhoun Richardson Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Ess Investments Llc $178,750 None Available
Richardson Ira A $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ess Investments Llc $190,000
Previous Owner Richardson Ira A $95,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $178,750 -10.6% $63 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $200,000 -- $70 / 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 $1,634 $69,000 $12,000 $57,000
2024 $1,634 $48,200 $7,040 $41,160
2023 $2,936 $48,200 $7,040 $41,160
2022 $2,936 $48,200 $7,040 $41,160
2021 $1,663 $48,200 $7,040 $41,160
2020 $3,272 $45,160 $7,040 $38,120
2019 $1,443 $45,160 $7,040 $38,120
2018 $1,443 $45,160 $7,040 $38,120
2017 $1,477 $45,160 $7,040 $38,120
2016 $2,112 $48,320 $0 $0
2014 $2,112 $48,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wanda Gordon

    Seller's Agent in 2018

    Wanda Gordon

    The Peyton Co., Inc., REALTORS

    (901) 212-5752

    21 Total Sales

    Wanda Gordon
    Section Image

  • B

    Buyer's Agent in 2018

    Brandon Kamm

    Revid Investments, LLC

    (901) 485-4848

    1 in this area

    22 Total Sales

    Brandon Kamm
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038036

Memphis Area Association of REALTORS®

APN: 01-8047-0-0009

Tennessee Shelby County Memphis 38104 Annesdale

1205 Vance Ave Unit 3, Memphis, TN

This home is located at 1205 Vance Ave Unit 3, Memphis, TN 38104 since 01 October 2018 and is currently estimated at $254,491, approximately $89 per square foot. This property was built in 1938. 1205 Vance Ave Unit 3 is a home located in Shelby County with nearby schools including Bruce Elementary School, Bellevue Middle School, and Central High School.

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