NOT LISTED FOR SALE

Estimated Value: $98,000 - $184,000

2 Beds
1 Bath
1,804 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $22,500 $12 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $746/month

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Wood Flooring

About This Home

As of July 2019

Offered AS IS, some TLC needed. Investor offer. HUGE price reduction. Seller wants it sold quick. Thank you.

Last Agent to Sell the Property

Emma Wilson

McWaters & Associates License #322288 Listed on: 03/22/2019

Last Buyer's Agent

Amery Dickerson

Weichert REALTOR-SPM License #321594

Weichert REALTOR-SPM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Partially Carpeted

Community Details

  • E Parkway Hgts Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 031089 00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$682

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1362
  • MLS Map #: 748B
  • MAAR Subdivision Name: EAST PARKWAY HEIGHTS
  • Freestanding: Yes
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Price Per Sq Ft: 12.47
  • Estimated Sq Ft: 1804
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Estimated Entire Duplex Sq Ft: 1800-1999
  • Miscellaneous Interior: Pull Down Attic Stairs

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 28
  • Acreage: 0.19
  • Lot Size: 60 X 143.71/143.25
  • Price Per Acre: 131579

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 031089 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Obioha Chidimma
Bought by
Pacific Real Estate & Investments Llc
Current Estimated Value
$130,221

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jul 17, 2019
Sold by
Silver Maple Ventures Llc
Bought by
Obioha Chidimma
Seller's Agent
Emma Wilson
McWaters & Associates
Buyer's Agent
Amery Dickerson
Weichert REALTOR-SPM
List Price
$50,000
Sold Price
$22,500
Premium/Discount to List
-$27,500
-55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.37%
Original Mortgage
$45,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2012
Sold by
Property Nov11 Llc
Bought by
Silver Maple Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2012
Sold by
Navy Federal Credit Union
Bought by
Property Novll Llc

Purchase Details

Closed on
Jun 3, 2011
Sold by
Thomas Carlos M
Bought by
Navy Federal Credit Union

Purchase Details

Closed on
May 16, 2006
Sold by
Federal National Mortgage Association
Bought by
Thomas Carlos

Purchase Details

Closed on
Mar 17, 2006
Sold by
Vowell Robert S and Vowell Sherry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 20, 2003
Sold by
Guthrie John
Bought by
Vowell Scott

Purchase Details

Closed on
Jun 10, 1999
Sold by
Va
Bought by
Guthrie John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
7.43%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Hayslett Robert R
Bought by
Va
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
Pacific Real Estate & Investments Llc -- Executive Title & Closing
Obioha Chidimma $22,500 Edco Ttl & Closing Svcs Inc
Silver Maple Ventures Llc $53,000 Western Title & Escrow Servi
Property Novll Llc $6,500 Westenn Title
Navy Federal Credit Union $29,440 None Available
Thomas Carlos $32,900 None Available
Federal National Mortgage Association $39,480 None Available
Vowell Scott $22,733 First American Title
Guthrie John $33,500 --
Va $38,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obioha Chidimma $45,000
Previous Owner Silver Maple Ventures Llc $31,000
Previous Owner Guthrie John $26,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2019 07/17/19 Sold $22,500 -10.0% $12 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/28/2019 05/28/19 Price Changed $25,000 -50.0% $14 / Sq Ft
03/22/2019 03/22/19 For Sale $50,000 -- $28 / 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 $682 $33,200 $4,840 $28,360
2024 $682 $20,120 $2,240 $17,880
2023 $1,226 $20,120 $2,240 $17,880
2022 $1,226 $20,120 $2,240 $17,880
2021 $1,457 $20,120 $2,240 $17,880
2020 $1,612 $22,240 $2,240 $20,000
2019 $711 $22,240 $2,240 $20,000
2018 $711 $22,240 $2,240 $20,000
2017 $728 $22,240 $2,240 $20,000
2016 $891 $20,400 $0 $0
2014 $891 $20,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048556

Memphis Area Association of REALTORS®

APN: 03-1089-0-0017