NOT LISTED FOR SALE

1305 Latham St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $26,265 - $205,000

2 Beds
1 Bath
2,115 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $25,500 $12 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $561/month

113 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 3-minute walk to Trigg West Park
  • Level Lot

About This Home

As of November 2023

This duplex is a great investment opportunity for an investor. The house has already been approved for temporary electric. The house has been gutted to the stud. The house has been wired up.

Last Agent to Sell the Property

Jabari Bailey

The Bailey Company Realty, Inc License #358140 Listed on: 07/23/2023

Last Buyer's Agent

Sandra Villamil

Keller Williams Realty License #360166

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $183

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 63x191
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,115 Sq Ft Home
  • 1-Story Property

Community Details

  • S C Law Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013021 00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$183

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 747B
  • MAAR Subdivision Name: S C LAW
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 12.06
  • Estimated Sq Ft: 2115
  • Year Built: 1977
  • List Price/ Sq Ft: 15
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 13
  • Acreage: 0.28
  • Lot Size: 63X191
  • Price Per Acre: 110714

Tax Info

  • Assessor Parcel Number: 013021 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Clayton Electrical Enterprise Inc
Bought by
S & D Real Estate
Current Estimated Value
$103,066

Purchase Details

Closed on
Nov 17, 2022
Sold by
Clayton Electrical Co
Bought by
Clayton Electrical Enterprise Inc

Purchase Details

Closed on
Oct 21, 2022
Sold by
Clayton Electrical Co
Bought by
Clayton Electrical Enterprise Inc

Purchase Details

Closed on
Nov 20, 2021
Sold by
Llx Apx
Bought by
Clayton Electrical Co

Purchase Details

Closed on
Apr 27, 2020
Sold by
Cajun Grill Of Memphis Inc
Bought by
Apex Llc

Purchase Details

Closed on
Oct 10, 2018
Sold by
Cajun Grill Of Memphis Inc
Bought by
Memphis Best Fiends Grill Llc

Purchase Details

Closed on
May 14, 2018
Sold by
The County Of Shelby A Political
Bought by
Cajun Grill Of Memphis Inc

Purchase Details

Closed on
Nov 8, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Love Temple Community Outreach Corporati

Purchase Details

Closed on
Jul 27, 2010
Sold by
Bbc Holdings Inc
Bought by
Memphis Investment Rental Properties Llc

Purchase Details

Closed on
Aug 5, 2009
Sold by
Alexander Charles W
Bought by
Bbc Holdings Inc

Purchase Details

Closed on
May 30, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Alexander Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Runnals Larry and Runnals Carrie
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Jefferson Robert L and Mason Ricks
Bought by
Runnals Larry and Runnals Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
10.7%
Mortgage Type
Fannie Mae Freddie Mac
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
S & D Real Estate $25,500 Omega Title
Clayton Electrical Enterprise Inc -- --
Clayton Electrical Enterprise Inc -- --
Clayton Electrical Co $1,000 None Available
Apex Llc $1,000 None Available
Memphis Best Fiends Grill Llc $10,200 None Available
Cajun Grill Of Memphis Inc $10,200 None Available
Love Temple Community Outreach Corporati -- None Available
Memphis Investment Rental Properties Llc -- None Available
Bbc Holdings Inc $10,000 None Available
Alexander Charles $1,000 Resource Title Of Tennessee
Deutsche Bank National Trust Co $6,500 None Available
Runnals Larry $70,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Charles $57,200
Previous Owner Runnals Larry $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $25,500 -17.7% $12 / Sq Ft
10/31/2023 10/31/23 Price Changed $31,000 -13.9% $15 / Sq Ft
09/01/2023 09/01/23 Price Changed $36,000 -5.3% $17 / Sq Ft
08/02/2023 08/02/23 Price Changed $38,000 -9.5% $18 / Sq Ft
07/23/2023 07/23/23 For Sale $42,000 -- $20 / 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 $183 $9,000 $2,840 $6,160
2024 $183 $5,400 $1,200 $4,200
2023 $329 $5,400 $1,200 $4,200
2022 $329 $5,400 $1,200 $4,200
2021 $391 $5,400 $1,200 $4,200
2020 $394 $5,440 $1,200 $4,240
2019 $174 $5,440 $1,200 $4,240
2018 $110 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2014 $897 $19,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jabari Bailey

    The Bailey Company Realty, Inc

    (901) 235-0844

    7 in this area

    31 Total Sales

    Jabari Bailey
    Section Image
  • Sandra Villamil

    Buyer's Agent in 2023

    Sandra Villamil

    Keller Williams Realty

    (901) 674-0530

    5 in this area

    66 Total Sales

    Sandra Villamil
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152857

Memphis Area Association of REALTORS®

APN: 01-3021-0-0005

Tennessee Shelby County Memphis 38106 South Memphis

1305 Latham St, Memphis, TN

This home is located at 1305 Latham St, Memphis, TN 38106 since 23 July 2023 and is currently estimated at $103,066, approximately $48 per square foot. This property was built in 1977. 1305 Latham St 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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