NOT LISTED FOR SALE

1256 Overton Park Ave Memphis, TN 38104

Crosstown Neighborhood

Estimated Value: $187,719 - $331,000

5 Beds
4 Baths
2,800-2,999 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $113,000 $38 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,491/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Fence
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2018

Great investment opportunity! This property is in great condition and already CASHFLOWING! Current rent = $1325 and professional property management is in place! Occupied home please do not disturb tenants make all offers subject to inspections.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 04/09/2018

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 04/09/2018

Foundation Property Management

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,862 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Lamb Overton Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020011 00009

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 744G
  • MAAR Subdivision Name: OVERTON PARK
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2862
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedrooms: 5
  • Bedrooms Down: 5
  • Floors/Ceilings: Tile
  • Full Bathrooms: 4
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 4

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.2
  • Lot Size: 60 X 150
  • Price Per Acre: 575000

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 020011 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Mar 22, 2018
Sold by
Jbj Properties Llc
Bought by
Bakinvestraets Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$115,000
Sold Price
$113,000
Premium/Discount to List
-$2,000
-1.74%
Current Estimated Value
$250,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,680
Avg. Annual Appreciation
11.98%

Purchase Details

Closed on
Dec 1, 2017
Sold by
Woodsway Holdings Llc
Bought by
Jbj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2014
Sold by
Global Presenting Llc
Bought by
Woodsway Holdings Llc

Purchase Details

Closed on
Jul 21, 2014
Sold by
Freedom Holdings One Llc
Bought by
Global Presenting Llc

Purchase Details

Listed on
Jun 9, 2011
Closed on
Sep 24, 2012
Sold by
Patton Vera T and Muhammad Hanifah R
Bought by
Global Presenting Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$109,900
Sold Price
$55,000
Premium/Discount to List
-$54,900
-49.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$40,500
Interest Rate
3.53%
Mortgage Type
New Conventional
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
Bakinvestraets Llc $113,000 Close Trak Closing & Title S
Jbj Properties Llc $85,000 Delta Title Services Llc
Woodsway Holdings Llc $247,000 Delta Title Services Llc
Global Presenting Llc $209,750 Delta Title Services Llc
Global Presenting Llc $55,000 None Available
Freedom Holdings One Llc $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jbj Properties Llc $100,000
Previous Owner Freedom Holdings One Llc $40,500
Previous Owner Muhammad Hanifah R $79,000
Previous Owner Patton Vera T $30,000
Previous Owner Patton Vera T $23,400
Previous Owner Patton Vera T $62,000
Previous Owner Muhammad Hanifah R $34,000
Previous Owner Muhammad Hanifah R $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $113,000 -1.7% $40 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $115,000 +109.1% $41 / Sq Ft
11/23/2012 11/23/12 Sold $55,000 -50.0% $19 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
06/09/2011 06/09/11 For Sale $109,900 -- $38 / 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 -- $96,920 $14,280 $82,640
2024 $1,537 $60,040 $8,160 $51,880
2023 $2,761 $45,325 $5,100 $40,225
2022 $2,761 $45,325 $5,100 $40,225
2021 $2,793 $45,325 $5,100 $40,225
2020 $2,420 $33,400 $5,100 $28,300
2019 $2,420 $33,400 $5,100 $28,300
2018 $2,420 $33,400 $5,100 $28,300
2017 $1,373 $33,400 $5,100 $28,300
2016 $1,370 $31,350 $0 $0
2014 $1,370 $31,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    3 in this area

    622 Total Sales

    James Wachob
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sean Tagge

    Reedy & Company, REALTORS

    Section Image
  • Jeffrey Moore

    Seller's Agent in 2012

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    2 in this area

    89 Total Sales

    Jeffrey Moore
    Section Image
  • Juliette Moore

    Seller Co-Listing Agent in 2012

    Juliette Moore

    Crye-Leike

    (901) 277-0476

    1 in this area

    107 Total Sales

    Juliette Moore
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024267

Memphis Area Association of REALTORS®

APN: 02-0011-0-0009

Tennessee Shelby County Memphis 38104 Crosstown

1256 Overton Park Ave, Memphis, TN

This home is located at 1256 Overton Park Ave, Memphis, TN 38104 since 09 April 2018 and is currently estimated at $250,680, approximately $83 per square foot. This property was built in 1921. 1256 Overton Park Ave is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Central High School, and Perea Elementary School.

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