NOT LISTED FOR SALE

1269 Carrolton Ave Unit 69-71 Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $98,267 - $136,000

1 Bed
1 Bath
1,476 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $72,000 $49 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $673/month

Highlights

  • 324 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Traditional Architecture
  • Porch
  • Central Air

About This Home

As of December 2021

Nice investment already generates Monthly income of $750 A Month for one side Sold AS -IS seller wanting a 10 to 15 Day's Closing BY December 28 th 2021. Setting on 0.324 Acres .

Last Agent to Sell the Property

Tamara Levy

Cordova Realty, Inc. License #358324 Listed on: 12/10/2021

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 324

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Porch
  • 324 Acre Lot

Community Details

  • Terrace Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 069062 00004

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 7240
  • MAAR Subdivision Name: TERRACE PARK
  • Freestanding: Yes
  • List Price Per Sq Ft: 54
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.78
  • Estimated Sq Ft: 1476
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Miscellaneous Interior: Unknown

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Electric
  • Hot Water: Electric

Lot Info

  • Lot Number: 63
  • Acreage: 324
  • Lot Size: 14148
  • Price Per Acre: 247

Rental Info

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

Tax Info

  • Assessor Parcel Number: 069062 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Dec 28, 2021
Sold by
Prosperity Trans1 Inc
Bought by
Joseph Family 2014 Trust
Seller's Agent
Tamara Levy
Cordova Realty, Inc.
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$79,999
Sold Price
$72,000
Premium/Discount to List
-$7,999
-10%
Current Estimated Value
$118,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,756
Avg. Annual Appreciation
13.96%
Original Mortgage
$51,200
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 10, 2021
Closed on
Dec 3, 2021
Sold by
Hunt April
Bought by
Prosperity Trans1 Inc
Seller's Agent
Tamara Levy
Cordova Realty, Inc.
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$79,999
Sold Price
$72,000
Premium/Discount to List
-$7,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2014
Sold by
Maddox Vicki Ellen
Bought by
Hunt April

Purchase Details

Closed on
May 10, 2004
Sold by
Ryan Velma Evelyn and Hutchison Katherine Elise
Bought by
Maddox Vicki Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,881
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Joseph Family 2014 Trust $72,000 Quality Title Group
Prosperity Trans1 Inc $47,000 None Available
Hunt April -- None Available
Maddox Vicki Ellen $10,000 --
Maddox Vicki Ellen $10,000 --
Maddox Vicki Ellen $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prosperity Trans1 Inc $51,200
Previous Owner Maddox Vicki Ellen $34,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $72,000 -10.0% $49 / Sq Ft
12/10/2021 12/10/21 For Sale $79,999 -- $54 / 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 -- $41,600 $2,800 $38,800
2024 $602 $17,760 $2,280 $15,480
2023 $1,082 $17,760 $2,280 $15,480
2022 $1,082 $17,760 $2,280 $15,480
2021 $804 $11,100 $1,425 $9,675
2020 $1,056 $14,575 $1,425 $13,150
2019 $466 $14,575 $1,425 $13,150
2018 $466 $14,575 $1,425 $13,150
2017 $477 $14,575 $1,425 $13,150
2016 $651 $14,900 $0 $0
2014 $651 $14,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamara Levy

    Seller's Agent in 2021

    Tamara Levy

    Cordova Realty, Inc.

    (800) 538-9246

    1 in this area

    7 Total Sales

    Tamara Levy
    Section Image
  • James Wachob

    Buyer's Agent in 2021

    James Wachob

    Foundation Property Management

    (901) 633-1484

    82 in this area

    639 Total Sales

    James Wachob
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114148

Memphis Area Association of REALTORS®

APN: 06-9062-0-0004

Tennessee Shelby County Memphis 38127 Frayser

1269 Carrolton Ave Unit 69-71, Memphis, TN

This home is located at 1269 Carrolton Ave Unit 69-71, Memphis, TN 38127 since 10 December 2021 and is currently estimated at $118,756, approximately $80 per square foot. This property was built in 1948. 1269 Carrolton Ave Unit 69-71 is a home located in Shelby County with nearby schools including Westside Elementary School, Trezevant High School, and Compass Community School Frayser Campus.

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