NOT LISTED FOR SALE

Estimated Value: $282,000 - $425,000

4 Beds
3 Baths
3,643 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $204,500 $56 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,149/month

136 Days on Market

Highlights

  • Wood Flooring
  • Ceiling height of 9 feet or more
  • Central Heating and Cooling System

About This Home

As of September 2016

3-unit bldg presents a great opportunity for an owner-occupant to live on the first floor and rent the 2 upstairs apartments for income, or for an investor to own a property that has had very few vacancies in the past few years(and when it has been vacant has always rented in less than a month).All 3 units have central heat & air. 2 of 3 units have laundry hook-ups + there is a hook-up in the basement for unit 3. Rents are $2350/month when fully occupied.Backyard has crushed stone for parking.

Last Agent to Sell the Property

Beth Halbach

Keller Williams License #268082 Listed on: 04/30/2016

Keller Williams

Last Buyer's Agent

Brook Loper

901 Properties License #322379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1905

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 141.4

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,643 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Parking Available
  • Gravel Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Annesdale Park Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric
  • Assessor Parcel Number 016007 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,808

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • MLS Map #: 746F
  • MAAR Subdivision Name: ANNESDALE
  • Freestanding: Yes
  • List Price Per Sq Ft: 62
  • Number Of Stories: 2
  • Price Per Sq Ft: 1076315.79
  • Estimated Sq Ft: 3643
  • Year Built: 1905
  • Construction: Wood/Composition
  • List Price Per Unit: 74966.67
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, 8 Feet, 9 Ft or More

Exterior Features

  • Foundation: Conventional/Crawl Space, Partial Basement
  • Roof: Composition

Garage/Parking

  • Parking Facility: Gravel, 1 Per Unit

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Lot Info

  • Lot Number: 101
  • Acreage: 0.19
  • Lot Size: 60 X 141.4
  • Price Per Acre: 1183684

Rental Info

  • Actual Annual Rent: 2350
  • Tenant Pays: Gas, Electric

Tax Info

  • Assessor Parcel Number: 016007 00029

Multi Family

  • Perc Occ: 66
  • Total Number Of Units: 3
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 1
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2016
Closed on
Sep 23, 2016
Sold by
Jones Kyle R
Bought by
Loper Brook and Loper Marissa
Seller's Agent
Beth Halbach
Keller Williams
Buyer's Agent
Brook Loper
901 Properties
List Price
$259,900
Sold Price
$204,500
Premium/Discount to List
-$55,400
-21.32%
Current Estimated Value
$351,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,936
Avg. Annual Appreciation
5.73%
Original Mortgage
$143,150
Outstanding Balance
$115,575
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$220,443

Purchase Details

Closed on
Dec 21, 2009
Sold by
Federal National Mortgage Association
Bought by
Jones Kyle R

Purchase Details

Closed on
Feb 19, 2009
Sold by
Edwards Walter and Edwards Canakkale
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 23, 2006
Sold by
Kelly Anne E
Bought by
Edwards Walter and Edwards Canakkale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2003
Sold by
Black Cathleen J West
Bought by
Kelly Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1992
Sold by
Braden Steven C
Bought by
West Cathleen J
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
Loper Brook $204,500 None Available
Jones Kyle R $75,000 Landcastle Title Llc
Federal National Mortgage Association $184,396 None Available
Edwards Walter $220,500 None Available
Kelly Anne E $168,000 --
West Cathleen J $1,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loper Brook $143,150
Previous Owner Jones Kyle R $135,000
Previous Owner Jones Kyle R $50,000
Previous Owner Edwards Walter $30,000
Previous Owner Edwards Walter $44,100
Previous Owner Edwards Walter $176,400
Previous Owner Kelly Anne E $117,600
Closed Kelly Anne E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $204,500 -21.3% $56 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $259,900 -- $71 / 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 $2,808 $153,320 $29,280 $124,040
2024 $2,808 $82,840 $24,800 $58,040
2023 $5,046 $82,840 $24,800 $58,040
2022 $5,046 $82,840 $24,800 $58,040
2021 $5,105 $82,840 $24,800 $58,040
2020 $5,887 $81,240 $24,800 $56,440
2019 $5,887 $81,240 $24,800 $56,440
2018 $5,887 $81,240 $24,800 $56,440
2017 $3,339 $81,240 $24,800 $56,440
2016 $2,517 $57,600 $0 $0
2014 $2,517 $105,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976120

Memphis Area Association of REALTORS®

APN: 01-6007-0-0029