NOT LISTED FOR SALE
10 Beds
-- Bath
6,564 Sq Ft
9,583 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $510,000 $78 Per Sq Ft

6 Days on Market

Highlights

  • Efficiency Studio
  • Laundry Facilities
  • Partially Carpeted
  • Central Air

About This Home

As of May 2021

This 9 unit building is located in Midtown. The units are 1 bedroom and studio rooms. Just off of Cleveland and Central Garden area this multifamily is surrounded by classic midtown single family homes. The scheduled monthly rents are a total of $6425 per month. All available units are occupied. Please do not disturb tenants. Currently under contract. Contact listing agent for other questions or remarks.

Last Agent to Sell the Property

John-Paul Gagliano

KAIZEN Realty, LLC License #357685 Listed on: 04/14/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Max Rubenstein

Marx-Bensdorf, REALTORS License #336722

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 59.70 x 141.4

Home Design

  • Shingle Roof
  • Wood Composite

Interior Spaces

  • 6,564 Sq Ft Home
  • 2-Story Property
  • Efficiency Studio
  • Partial Basement

Flooring

  • Partially Carpeted
  • Vinyl

Parking

  • Gravel Driveway
  • Paved Parking
  • Off-Site Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 016006 00025

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • N S Carr Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • MAAR Subdivision Name: ANNESDALE
  • Freestanding: Yes
  • List Price Per Sq Ft: 91
  • Number Of Stories: 2
  • Estimated Sq Ft: 6564
  • Year Built: 1905
  • Construction: Wood/Composition
  • List Price Per Unit: 66666.67
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor, Partial Carpet

Exterior Features

  • Foundation: Partial Basement
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Concrete, Gravel, Offsite/Street

Utilities

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

Lot Info

  • Lot Number: 60
  • Acreage: 0.22
  • Lot Size: 59.70 X 141.4
  • Improved Sq Ft: 6564

Rental Info

  • Leaseable Sq Ft: 6564
  • Tenant Pays: All Utilities, Cable TV
  • Type Of Leases: 6 Month, Year

Tax Info

  • Assessor Parcel Number: 016006 00025

Multi Family

  • Total Number Of Units: 9
  • Number2 Bedroom Units: 1
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $510,000 -15.0% $78 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $600,000 -- $91 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,926 $133,520 $6,120 $127,400
2024 $2,926 $86,320 $4,920 $81,400
2023 $5,258 $86,320 $4,920 $81,400
2022 $5,258 $86,320 $4,920 $81,400
2021 $5,320 $86,320 $4,920 $81,400
2020 $5,420 $74,800 $4,920 $69,880
2019 $2,391 $74,800 $4,920 $69,880
2018 $2,391 $74,800 $4,920 $69,880
2017 $2,447 $74,800 $4,920 $69,880
2016 $3,267 $74,760 $0 $0
2014 $3,267 $74,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10097612

Memphis Area Association of REALTORS®
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