NOT LISTED FOR SALE
7 Beds
3 Baths
2,590 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: March 10, 2020

Last sale price $140,000 $54 Per Sq Ft

About This Home

As of March 2020

Midtown apartment near Crosstown Concourse. Duplex in front of lot and 2 guesthouses in rear. 3 of 4 units rented. One guesthouse needs a total renovation. Good location, needs work. Tenants pay their elect, gas, trash. Owner pays water & sewer. Rents 3br/1.5ba $900/mth, 2br/1ba $650/mth, 1br/1ba $525/mth.

Last Agent to Sell the Property

Terron Perk

Perk Realty License #291201 Listed on: 01/03/2020

Last Buyer's Agent

Terron Perk

Perk Realty License #291201 Listed on: 01/03/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 60 x 205

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,590 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 4 Units
  • Speedway Terr Blk A Subdivision

Listing and Financial Details

  • Tenant pays for electric, gas, trash collection
  • Assessor Parcel Number 021098 00015

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0.28 Acres

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK A
  • Freestanding: Yes
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1.5
  • Estimated Sq Ft: 2590
  • Year Built: 1917
  • Construction: Brick, Wood/Composition
  • List Price Per Unit: 37500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Hardwood Throughout, Vinyl Floor

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Electrical, Gas
  • Cooling Systems: 1 Window Unit per Unit, Central
  • Heating Systems: Central, Wall Heat
  • Laundry: Dryer in Unit, Washer in Unit

Lot Info

  • Lot Number: 31
  • Acreage: 0.28
  • Lot Size: 60 X 205

Rental Info

  • Tenant Pays: Electric, Gas, Trash Collection
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 021098 00015

Multi Family

  • Total Number Of Units: 4
  • Number2 Bedroom Units: 1
  • Number3 Bedroom Units: 1
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath, 3 BR - 1+ Baths

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
Jan 3, 2020
Closed on
Mar 10, 2020
Sold by
Perk Kevin and Perk Terron
Bought by
Seller's Agent
Terron Perk
Perk Realty
Buyer's Agent
Terron Perk
Perk Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Outstanding Balance
$106,147
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2004
Sold by
Evans Lacy Richard and Evans Claudia M
Bought by
Perk Kevin and Perk Terron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1994
Bought by
Evans Lacy R and Evans Claudia M
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
$150,000 Close Trak Closing & Ttl Svc
Perk Kevin $119,000 Edco Title & Closing Svcs In
Evans Lacy R $80,000 --
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 $122,250
Previous Owner Perk Kevin $107,100
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
03/10/2020 03/10/20 Sold $140,000 -6.7% $54 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $150,000 -- $58 / 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 $1,908 $70,920 $6,160 $64,760
2024 $2,034 $60,000 $6,160 $53,840
2023 $3,655 $60,000 $6,160 $53,840
2022 $3,655 $60,000 $6,160 $53,840
2021 $3,856 $65,840 $6,160 $59,680
2020 $4,124 $56,920 $6,160 $50,760
2019 $1,819 $56,920 $6,160 $50,760
2018 $1,819 $56,920 $6,160 $50,760
2017 $1,883 $57,560 $3,200 $54,360
2016 $2,271 $51,960 $0 $0
2014 $2,271 $51,960 $0 $0
Source: Public Records

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068371

Memphis Area Association of REALTORS®

APN: 021-098- - -00015

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