NOT LISTED FOR SALE

Estimated Value: $88,000 - $112,000

2 Beds
1 Bath
1,300 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $106,500 $82 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $570/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Wood Flooring

About This Home

As of May 2022

Email offers to djohnson@901.realtor. Well managed, this is a 2/1 on each side (4 bedrooms/ 2 bathrooms) that is in VERY close proximity to the beautiful Cooper Young area. Been completely remodeled with numerous upgrades. Currently cash flowing with potential to raise rents. Could be a wonderful money maker for its new owner!

Last Agent to Sell the Property

Dylan Johnson

901, REALTORS License #357650 Listed on: 03/21/2022

901, REALTORS

Last Buyer's Agent

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $182

Year Built

  • Built in 1927

Lot Details

  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Dunnavant Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$182

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1240
  • MLS Map #: 7480
  • MAAR Subdivision Name: Dunnavant
  • Freestanding: Yes
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Price Per Sq Ft: 81.92
  • Estimated Sq Ft: 1300
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher

Exterior Features

  • Exterior Windows: Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 50X294 / 0.33

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Grays Enterprise Inc
Bought by
Gray Charles
Current Estimated Value
$102,724

Purchase Details

Closed on
Jun 22, 2020
Sold by
Gray Charles and Miles Kris
Bought by
Grays Enterprise Inc

Purchase Details

Closed on
Jul 17, 2018
Sold by
County Of Shelby
Bought by
Gray Charles and Miles Kris
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gray Charles -- None Available
Grays Enterprise Inc -- None Available
Gray Charles $2,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grays Enterprises Inc $51,795
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $106,500 -11.2% $82 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $119,901 -- $92 / 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 $182 $32,800 $3,720 $29,080
2024 $182 $5,360 $3,120 $2,240
2023 $327 $5,360 $3,120 $2,240
2022 $327 $5,360 $3,120 $2,240
2021 $388 $5,360 $3,120 $2,240
2020 $400 $5,520 $3,120 $2,400
2019 $176 $5,520 $3,120 $2,400
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $472 $0 $0 $0
2014 $472 $10,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119973

Memphis Area Association of REALTORS®

APN: 02-6056-0-0058