$57,500
SOLD DEC 6, 2013

1257 Mississippi Blvd Memphis, TN 38106

South Memphis Neighborhood
4 Beds
-- Bath
4,000 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

8% Below List Price

About This Home

As of August 2017

SIX UNITS, ALL ARE TWO BEDS ONE BATH, FOUR ARE RENTED TWO ARE READY TO BE RENTED, FOUR UNITS HAVE UPDATED ELECTRIC, TWO ARE FUSED. ALL RENTS ARE AT $325 A MONTH NO RENT INCREASES IN A NUMBER OF YEARS. DRIVE BY ONLY. INSPECTION AFTER AGREED UPON CONTRACT

Last Agent to Sell the Property

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749 Listed on: 10/02/2013

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

David Truong

eXp Realty, LLC License #285299

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 50 x 195

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 6 Units
  • Freeman Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, water/sewer, trash collection, security deposit
  • Assessor Parcel Number 025075 00018

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 747B
  • MAAR Subdivision Name: FREEMAN
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 4000
  • Year Built: 1966
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Electrical, Public Water, Public Sewer
  • Heating Systems: Gas

Lot Info

  • Lot Number: 5
  • Lot Size: 50 X 195
  • Land Sq Ft: 9750

Rental Info

  • Actual Annual Rent: 23400
  • Tenant Pays: Gas, Electric, Water/Sewer, Trash Collection, Security Deposit
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 025075 00018

Multi Family

  • Perc Occ: 70
  • Total Number Of Units: 6
  • Number2 Bedroom Units: 2
  • Type of Unit: 2 BR - 1 Bath

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $35,000 -72.0% $4 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $125,000 +117.4% $13 / Sq Ft
12/06/2013 12/06/13 Sold $57,500 -8.0% $14 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $62,500 -- $16 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James McCarthy

    Lawrence Johnson, REALTORS

    (901) 831-0830

    7 Total Sales

    James McCarthy
    Section Image
  • Francyetta Seward

    Buyer's Agent in 2017

    Francyetta Seward

    C21 Patterson & Assoc. Real Es

    (901) 461-9475

    3 in this area

    110 Total Sales

    Francyetta Seward
    Section Image

  • J

    Seller's Agent in 2013

    Jerry Modesto

    Crye-Leike, Inc., REALTORS

    Section Image
  • David Truong

    Buyer's Agent in 2013

    David Truong

    eXp Realty, LLC

    (901) 503-3947

    1 in this area

    184 Total Sales

    David Truong
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3282424

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38106 South Memphis

1257 Mississippi Blvd, Memphis, TN

This home is located at 1257 Mississippi Blvd, Memphis, TN 38106 and is currently priced at $57,500, approximately $14 per square foot. This property was built in 1966. 1257 Mississippi Blvd is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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