NOT LISTED FOR SALE

1388 National St Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $86,688 - $145,000

3 Beds
1 Bath
2,143 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $71,000 $33 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $739/month

143 Days on Market

About This Home

As of August 2022

Attention investors! Check out this DUPLEX. This is cash flowing investment opportunity. This property is already occupied and cash flowing. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 03/29/2022

Last Buyer's Agent

Brandi Brooks

Adaro Realty, Inc. License #365832

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x125

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,143 Sq Ft Home
  • 1.5-Story Property
  • Great Room

Community Details

  • Hazelwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043075 00035

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • MLS Map #: 752A
  • MAAR Subdivision Name: HAZELWOOD
  • Freestanding: Yes
  • List Price Per Sq Ft: 42
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 33.13
  • Estimated Sq Ft: 2143
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 24 TO 26
  • Acreage: 0.21
  • Lot Size: 75X125
  • Price Per Acre: 428095

Tax Info

  • Assessor Parcel Number: 043075 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Aug 22, 2022
Sold by
Jnre Investments Llc
Bought by
Abushanab Bassam
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Brandi Brooks
Adaro Realty, Inc.
List Price
$109,900
Sold Price
$71,000
Premium/Discount to List
-$38,900
-35.4%
Current Estimated Value
$118,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,672
Avg. Annual Appreciation
18.61%

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 13, 2019
Sold by
Clutch Investments Llc
Bought by
Jnre Investments Llc
Seller's Agent
Adam Watson
Keller Williams
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$60,000
Sold Price
$41,333
Premium/Discount to List
-$18,667
-31.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.28%

Purchase Details

Closed on
Jul 20, 2013
Sold by
Meeks Jake and Meeks Emily L
Bought by
Clutch Investments Llc

Purchase Details

Closed on
Feb 18, 2013
Sold by
Meeks Jake and Meeks Emily
Bought by
Clutch Investments Llc

Purchase Details

Closed on
May 11, 2007
Sold by
Al Absawi Musa M
Bought by
Meeks Jake and Meeks Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,851
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Canady Emmett Wayne and Canady Evelyn S
Bought by
Al Absawi Musa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,250
Interest Rate
5.66%
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
Abushanab Bassam $71,000 Preferred Title & Escrow
Jnre Investments Llc $248,000 Close Trak Closing & Ttl Svc
Clutch Investments Llc -- None Available
Clutch Investments Llc -- None Available
Meeks Jake $54,000 None Available
Al Absawi Musa M $42,840 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meeks Jake $53,851
Previous Owner Al Absawi Musa M $34,250
Previous Owner Canady Emmett Wayne $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $71,000 -21.0% $33 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $89,900 -9.1% $42 / Sq Ft
07/07/2022 07/07/22 Price Changed $98,900 -2.9% $46 / Sq Ft
06/24/2022 06/24/22 Price Changed $101,900 -2.9% $48 / Sq Ft
04/29/2022 04/29/22 Price Changed $104,900 -4.5% $49 / Sq Ft
03/29/2022 03/29/22 For Sale $109,900 +165.9% $51 / Sq Ft
12/13/2019 12/13/19 Sold $41,333 -31.1% $19 / Sq Ft
10/29/2019 10/29/19 For Sale $60,000 -- $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 -- $48,080 $4,400 $43,680
2024 -- $18,040 $2,880 $15,160
2023 $1,099 $18,040 $2,880 $15,160
2022 $1,099 $18,040 $2,880 $15,160
2021 $1,112 $18,040 $2,880 $15,160
2020 $610 $19,080 $2,400 $16,680
2019 $610 $19,080 $2,400 $16,680
2018 $610 $19,080 $2,400 $16,680
2017 $624 $19,080 $2,400 $16,680
2016 $998 $22,840 $0 $0
2014 $998 $22,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2022

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    51 in this area

    1,425 Total Sales

    Dean Harris
    Section Image

  • B

    Buyer's Agent in 2022

    Brandi Brooks

    Adaro Realty, Inc.

    (901) 296-4300

    1 in this area

    24 Total Sales

    Brandi Brooks
    Section Image
  • Adam Watson

    Seller's Agent in 2019

    Adam Watson

    Keller Williams

    (901) 210-6595

    5 in this area

    91 Total Sales

    Adam Watson
    Section Image
  • Randall Weatherall

    Buyer's Agent in 2019

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    10 in this area

    208 Total Sales

    Randall Weatherall
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120532

Memphis Area Association of REALTORS®

APN: 04-3075-0-0035

Tennessee Shelby County Memphis 38122 Berclair

1388 National St, Memphis, TN

This home is located at 1388 National St, Memphis, TN 38122 since 29 March 2022 and is currently estimated at $118,672, approximately $55 per square foot. This property was built in 1948. 1388 National St is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Kingsbury High School.

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