NOT LISTED FOR SALE

Estimated Value: $309,363 - $368,000

2 Beds
1 Bath
2,958 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $315,000 $106 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,083/month

121 Days on Market

Highlights

  • The property is located in a historic district
  • Victorian Architecture
  • Porch
  • Wood Flooring
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of March 2023

Duplex located in Historic Annesdale-Close to Medical District! Year built incorrect in MAAR data--built as a duplex. Property is in need of some cosmetic work but structurally solid. Sold AS-IS. Upstairs unit currently occupied at $1165 on month to month lease. Both units should rent for substantially more per month once rehabbed. This property is a diamond in the rough! Owner in process of emptying downstairs unit but it can be shown. Please do not disturb tenants. Bring all offers!

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 11/09/2022

Last Buyer's Agent

James Tate

River City Land Co., LLC License #358537

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x141
  • Level Lot
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Victorian Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Partial Basement

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • Annesdale Park Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric
  • Assessor Parcel Number 016007 00010

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Victorian
  • Cross Street: S. Cleveland
  • Second Address Number: 1281
  • MLS Map #: 746F
  • MAAR Subdivision Name: ANNESDALE
  • Freestanding: Yes
  • Historic District: Annesdale Park HP
  • List Price Per Sq Ft: 114
  • Number Of Stories: 2
  • Price Per Sq Ft: 106.49
  • Estimated Sq Ft: 2958
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Number Of Fireplaces: 1
  • Estimated Entire Duplex Sq Ft: 2800-2999

Exterior Features

  • Misc Exterior: Porch, Historic District
  • Exterior Windows: Brick Veneer
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking: Back-Load Garage

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: E PT 79
  • Acreage: 0.14
  • Lot Size: 45X141
  • Price Per Acre: 2400000

Rental Info

  • Tenants Pay: Gas, Electric
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 016007 00010

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Mar 14, 2023
Sold by
Holman Lester
Bought by
Young Joseph
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
James Tate
River City Land Co., LLC
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%
Views
20
Current Estimated Value
$334,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,841
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Roberts John E
Bought by
Holman Lester

Purchase Details

Closed on
Aug 29, 2003
Sold by
Roberts John E
Bought by
Holman Lester

Purchase Details

Closed on
Jan 25, 2002
Sold by
Jeffers Roger L
Bought by
Roberts John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 21, 2001
Sold by
Roberts John E
Bought by
Jeffers Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 1998
Sold by
Harris Larry E and Fulmer Jane
Bought by
Roberts John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,910
Interest Rate
6.95%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Harris Larry E and Fulmer Jane Fulmer
Bought by
Roberts John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,910
Interest Rate
6.95%
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
Young Joseph $315,000 --
Holman Lester -- None Available
Holman Lester $205,000 --
Roberts John E -- Title & Escrow Services
Jeffers Roger L -- --
Roberts John E -- --
Roberts John E $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts John E $155,000
Previous Owner Roberts John E $137,000
Previous Owner Roberts John E $134,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $315,000 -6.3% $106 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
12/27/2022 12/27/22 Price Changed $336,000 -1.1% $114 / Sq Ft
11/22/2022 11/22/22 Price Changed $339,900 -2.9% $115 / Sq Ft
11/09/2022 11/09/22 For Sale $349,900 -- $118 / 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 -- $131,720 $26,600 $105,120
2024 $3,107 $91,640 $20,240 $71,400
2023 $5,582 $91,640 $20,240 $71,400
2022 $5,582 $91,640 $20,240 $71,400
2021 $5,648 $91,640 $20,240 $71,400
2020 $5,530 $76,320 $20,240 $56,080
2019 $5,530 $76,320 $20,240 $56,080
2018 $5,530 $76,320 $20,240 $56,080
2017 $3,137 $76,320 $20,240 $56,080
2016 $3,216 $73,600 $0 $0
2014 $3,216 $93,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137332

Memphis Area Association of REALTORS®

APN: 01-6007-0-0010