NOT LISTED FOR SALE

Estimated Value: $57,000 - $92,000

1 Bed
1 Bath
960 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $11,500 $12 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $431/month

Highlights

  • Traditional Architecture
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of November 2012

Great Investment Opportunity. Rent one unit live in other. Currently rents for $300 per month per unit. Drive by, do not disturb tenant. Roof only 1 year old.

Last Agent to Sell the Property

Linda Woods Bell

KAIZEN Realty, LLC License #275139 Listed on: 07/26/2012

KAIZEN Realty, LLC

Last Buyer's Agent

Izaac Merriweather

Gold Star Real Estate License #283586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 50 x 125
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Milmont Hgts Blk 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026052 00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$330

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: MILMONT HEIGHTS BLK 2
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 960
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Estimated Entire Duplex Sq Ft: Not Available

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 20
  • Lot Size: 50 X 125

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 026052 00016

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Bailey Patricia P
Bought by
Larry Zakiya E
Current Estimated Value
$76,994

Purchase Details

Listed on
Jul 26, 2012
Closed on
Nov 28, 2012
Sold by
Reddick John Q
Bought by
Bailey Patricia P
Seller's Agent
Linda Woods Bell
KAIZEN Realty, LLC
Buyer's Agent
Izaac Merriweather
Gold Star Real Estate
List Price
$16,000
Sold Price
$11,500
Premium/Discount to List
-$4,500
-28.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Lee Elise V and Clariette Claudean
Bought by
Reddick John Q
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
Larry Zakiya E -- None Available
Bailey Patricia P $10,000 --
Reddick John Q $30,000 Realty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2012 11/20/12 Sold $11,500 -28.1% $12 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $16,000 -- $17 / 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 $330 $18,560 $2,760 $15,800
2024 $330 $9,720 $1,400 $8,320
2023 $592 $9,720 $1,400 $8,320
2022 $592 $9,720 $1,400 $8,320
2021 $599 $9,720 $1,400 $8,320
2020 $985 $13,600 $1,400 $12,200
2019 $435 $13,600 $1,400 $12,200
2018 $435 $13,600 $1,400 $12,200
2017 $445 $13,600 $1,400 $12,200
2016 $662 $15,160 $0 $0
2014 $662 $15,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3252844

Memphis Area Association of REALTORS®

APN: 02-6052-0-0016