B
Seller's Agent in 2022
Brandon Kamm
Revid Investments, LLC
(901) 485-4848
1 in this area
15 Total Sales
1261 Central Ave Memphis, TN 38104
Annesdale Neighborhood
5
Beds
2
Baths
2,748
Sq Ft
8,712
Sq Ft Lot
Highlights
- Efficiency Studio
- Landscaped
- Central Heating
- Tile Flooring
About This Home
As of August 2022Recently renovated Multifamily in Midtown Historic District. 100% occupied 6 unit with a rent roll of $3,740 per month. Owner/Agent and Manager can provide rent roll, financials, and other information. All 6 units occupied so 24 hour notice will be required to show. All tenants are now billed monthly utilities allowing for an additional $6,000 of expenses to be removed from the owner. Rent collections have been 100% of rent roll for 2020 and 2021. Call agent for more photos and information
Last Agent to Sell the Property
Revid Investments, LLC License #297627 Listed on: 02/23/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1917
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60x150
- Landscaped
Parking
- Paved Parking
Home Design
- Converted Dwelling
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2,748 Sq Ft Home
- 2-Story Property
- Efficiency Studio
- Free-Standing Range
- Crawl Space
Flooring
- Partially Carpeted
- Laminate
- Tile
Laundry
- Dryer
- Washer
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Window Unit Cooling System
- Central Heating
- Gas Water Heater
Listing and Financial Details
- Tenant pays for security deposit
- Assessor Parcel Number 015012 00007
Community Details
Overview
- 6 Units
- Snowden Homestead Subdivision
Building Details
- Insurance Expense $1,800
- Utility Expense $1,500
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
Feb 23, 2022
Closed on
Aug 23, 2022
Sold by
Bought by
Seller's Agent
Brandon Kamm
Revid Investments, LLC
Buyer's Agent
Kevin Woods
Crye-Leike, Inc., REALTORS
List Price
$469,000
Sold Price
$400,000
Premium/Discount to List
-$69,000
-14.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.0551%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
0.0625%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/24/2022 08/24/22 | Sold | $400,000 | -14.7% | $146 / Sq Ft |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $469,000 | 0.0% | $171 / Sq Ft |
| 03/12/2022 03/12/22 | Pending | -- | -- | -- |
| 02/23/2022 02/23/22 | For Sale | $469,000 | -- | $171 / 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 | $2,716 | $100,960 | $14,560 | $86,400 |
| 2024 | $2,861 | $84,400 | $14,560 | $69,840 |
| 2023 | $5,141 | $84,400 | $14,560 | $69,840 |
| 2022 | $4,298 | $70,560 | $14,560 | $56,000 |
| 2021 | $4,349 | $70,560 | $14,560 | $56,000 |
| 2020 | $4,200 | $57,960 | $14,560 | $43,400 |
| 2019 | $1,852 | $57,960 | $14,560 | $43,400 |
| 2018 | $1,852 | $57,960 | $14,560 | $43,400 |
| 2017 | $1,259 | $38,475 | $9,100 | $29,375 |
| 2016 | $1,296 | $29,650 | $0 | $0 |
| 2014 | $1,296 | $29,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Kamm
-
Kevin Woods
K
Buyer's Agent in 2022
Kevin Woods
Crye-Leike, Inc., REALTORS
(615) 522-2875
1 in this area
32 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10118160
APN: 015-012- - -00007
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