$125,000
SOLD OCT 18, 2024
9 Beds
-- Bath
2,958 Sq Ft
0.3 Acres

Recently Sold

$42 Per Sq Ft

4% Below List Price

5 Days on Market

About This Home

As of October 2024

Offering three separate 3 bedroom houses. All three are 3 bedroom two bath houses. They are on the same parcel so must be sold together. 1401 Michigan and 1397 Michigan are both tenant occupied. PLEASE DO NOT DISTURB TENANTS. 1393 is vacant and can be viewed.

Last Agent to Sell the Property

Curtis Bleeker

KAIZEN Realty, LLC License #337285 Listed on: 09/17/2024

KAIZEN Realty, LLC

Last Buyer's Agent

Cozette Wallace

Keller Williams License #343131

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 102x130

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,958 Sq Ft Home
  • Crawl Space
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units
  • Burke Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 024052 00034

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 747A
  • MAAR Subdivision Name: BURKE
  • Freestanding: Yes
  • Price Per Sq Ft: 416666.67
  • Estimated Sq Ft: 2958
  • Year Built: 1939
  • Construction: Wood/Composition
  • List Price/ Sq Ft: 44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floors/Ceilings: Vinyl Floor, Partial Carpet, Wood Laminate Floors

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition, Shingle/Shake

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Electrical
  • Heating Systems: Gas
  • Laundry: Connections

Lot Info

  • Lot Number: PT 1-4
  • Acreage: 0.3
  • Lot Size: 102X130
  • Price Per Acre: 433333
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 024052 00034

Multi Family

  • Total Number Of Units: 3
  • Number3 Bedroom Units: 3
  • Type of Unit: 3 BR - 1+ Baths

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 17, 2024
Sold by
Good Life Llc
Bought by
Avm Llc
Seller's Agent
Curtis Bleeker
KAIZEN Realty, LLC
Buyer's Agent
Cozette Wallace
Keller Williams
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%

Purchase Details

Closed on
Jan 19, 2022
Sold by
Family & Sons Llc
Bought by
Good Life Llc

Purchase Details

Closed on
Sep 11, 2019
Sold by
Brooks Bassil G and Brooks Mary
Bought by
Family & Son Llc

Purchase Details

Closed on
Mar 26, 2007
Sold by
Perry Cisiro
Bought by
Brooks Bassil G and Brooks Mary

Purchase Details

Closed on
Jun 27, 1995
Bought by
Harris Inv Co Inc

Purchase Details

Closed on
May 26, 1995
Bought by
Harris Inv Co Inc
Source: Public Records

Similar Homes in Memphis, TN

  • 407 S Parkway E, Memphis, TN 38106

    $127,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 407 S Parkway E
    • Memphis, TN

    Cozy home boasts 2-bedrooms, 1-bath perfect for a small family or couple. Inside be greeted by a nicely renovated kitchen, tile flooring, new cabinets & countertops, kitchen appliances included. Diningroom provides an inviting space to gather with loved ones. Highlight of the home is the remodeled bathroom, tile flooring & modern fixtures. Throughout you'll find Stylish laminate floors that are

    Patricia Richmond-Young Coldwell Banker Collins-Maury

    Section Image
  • 1562 Victor St, Memphis, TN 38106

    $130,000

    • 4 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 1562 Victor St
    • Memphis, TN

    Rehab partially completed. Property being sold as-is. Some updates have been started, but the project is unfinished. Good potential for investors or buyers looking to complete the work. Buyer to do their own due diligence. No repairs or warranties offered.

    Walter Jones BEST Real Estate Company

    Section Image
  • 1068 Oakview St, Memphis, TN 38114

    $119,000

    • 3 Beds
    • 1 Bath
    • 2,038 Sq Ft
    • 1068 Oakview St
    • Memphis, TN

    ~AS IS SALE - Priced to Sell~ *** Seller is FIRM on List Price and will make NO Repairs** Investors here is your Opportunity to grab a great Deal!! Property is 50% Occupied. 1068 Unit is 3 bedrooms/1bath and 1070 is 2 bedrooms/1bath.The 1068 side was previously rented for $750, 1070 rents for $795. Property recently had a New Sewer Line put in, Vacant side is Rent Ready and being Marketed to

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 1100 Rozelle St, Memphis, TN 38106

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1100 Rozelle St
    • Memphis, TN

    nvestor Alert! This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances, and a fully remodeled

    Caleb Hall Keller Williams

    Section Image
  • 2377 Warren St, Memphis, TN 38106

    $145,999

    • 4 Beds
    • 3 Baths
    • 1,200+ Sq Ft
    • 2377 Warren St
    • Memphis, TN

    Welcome to this beautifully renovated 3-bedroom, 2-bathroom home that blends modern updates with thoughtful design. Every detail has been updated, offering a turnkey experience for the next lucky owner. The open-concept living area features updated flooring, fresh paint, and a modern kitchen with sleek finishes. One of the standout features of this property is the detached garage, which has been

    Caleb Hall Keller Williams

    Section Image
  • 1801 S Parkway E, Memphis, TN 38114

    $116,875

    • 4 Beds
    • 2.5 Baths
    • 2,800+ Sq Ft
    • 1801 S Parkway E
    • Memphis, TN

    This fire-damaged home is ideally located just minutes from the Cooper-Young area; it's only 10 minutes from the University of Memphis campus and on the beautiful South Parkway street lined with old trees and charm. Over $40,000 in work has been done, replacing burnt framing with brand-new wood. Before the fire, there were two masters, with the second one located on the 2nd floor with its own

    Kristy Cannon Keller Williams

    Section Image
  • 1060 Forrest Ave, Memphis, TN 38105

    $100,000

    • 2 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1060 Forrest Ave
    • Memphis, TN

    Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

    Tammy Taylor KAIZEN Realty, LLC

    Section Image
  • 293 Carbon Rd, Memphis, TN 38109

    $98,000

    • 3 Beds
    • 1 Bath
    • 100+ Sq Ft
    • 293 Carbon Rd
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $775 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 746 Garland St, Memphis, TN 38107

    $146,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 746 Garland St
    • Memphis, TN

    AS-IS! No wholesalers! ARV is $258K! Great Investment Opportunity in the Vollintine-Evergreen Historical District! 3bed/2bath ripe for renovation & offered at an attractive price point presents a fantastic renovation opportunity. This property invites a transformative approach with a targeted vision to realize its full potential. The seller is looking for offers with no inspection contingencies

    Jordan Ray eXp Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Home Surety Title
Warranty Deed $115,000 Title Assurance & Escrow
Warranty Deed $20,000 None Available
Warranty Deed $11,205 Preferred Title & Escrow Llc
Deed $7,500 --
Deed $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Price Changed $1,150 -8.4% --
01/21/2025 01/21/25 Price Changed $1,255 +0.4% --
01/16/2025 01/16/25 Price Changed $1,250 -3.8% --
12/10/2024 12/10/24 For Rent $1,300 0.0% --
10/18/2024 10/18/24 Sold $125,000 -3.8% $42 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $130,000 -- $44 / 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 -- $43,920 $2,520 $41,400
2024 $475 $14,000 $900 $13,100
2023 $853 $14,000 $900 $13,100
2022 $853 $14,000 $900 $13,100
2021 $863 $14,000 $900 $13,100
2020 $572 $7,900 $900 $7,000
2019 $404 $12,640 $1,440 $11,200
2018 $404 $12,640 $1,440 $11,200
2017 $414 $12,640 $1,440 $11,200
2016 $547 $12,520 $0 $0
2014 $547 $12,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181401

Memphis Area Association of REALTORS®

APN: 02-4052-0-0034