NOT LISTED FOR SALE

1406 Effie Rd Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $78,327 - $158,000

2 Beds
1 Bath
1,350 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $12,000 $9 Per Sq Ft

Est. 797% increase in value since last sale

Current estimated payment $614/month

About This Home

As of July 2013

This is a rental property; please do not disturb the tenant..No sign or Keybox .Make offer contingency upon inspection.Currently rent out for $375 one unit and $350 second unit . Price is negotiable.See attachment for other rental properties offered

Last Agent to Sell the Property

Jeanette Lin

Pinnacle Realty License #318772 Listed on: 06/12/2013

Last Buyer's Agent

Betty Johnson

Keller Williams License #228996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 1964

Lot Details

  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames

Community Details

  • Mallory Avenue Terrace S/D Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 060051 00058C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$584

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 748D
  • MAAR Subdivision Name: MALLORY AVENUE TERRACE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.89
  • Estimated Sq Ft: 1350
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: PT 73-76
  • Lot Size: 136 X 74 IRR

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 060051 00058C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 3, 2013
Sold by
Chu Alfred and Chu Anita
Bought by
Johnson Lindberg
Seller's Agent
Jeanette Lin
Pinnacle Realty
Buyer's Agent
Betty Johnson
Keller Williams
List Price
$36,000
Sold Price
$12,000
Premium/Discount to List
-$24,000
-66.67%
Current Estimated Value
$107,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,582
Avg. Annual Appreciation
19.47%

Purchase Details

Closed on
Jan 7, 2002
Sold by
Chu Yee Cheong and Chu Fong Ying Lam
Bought by
Chu Alfred S and Chu Anita K
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
Johnson Lindberg $59,000 None Available
Chu Alfred S $31,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2013 07/03/13 Sold $12,000 -66.7% $9 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $36,000 -- $27 / 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 $584 $22,880 $3,520 $19,360
2024 $434 $17,240 $2,000 $15,240
2023 $1,050 $17,240 $2,000 $15,240
2022 $1,050 $17,240 $2,000 $15,240
2021 $1,063 $17,240 $2,000 $15,240
2020 $306 $13,960 $2,000 $11,960
2019 $1,012 $13,960 $2,000 $11,960
2018 $1,012 $13,960 $2,000 $11,960
2017 $574 $13,960 $2,000 $11,960
2016 $612 $14,000 $0 $0
2014 $907 $20,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanette Lin

    Seller's Agent in 2013

    Jeanette Lin

    Pinnacle Realty

    (901) 335-7447

    242 Total Sales

    Jeanette Lin
    Section Image

  • B

    Buyer's Agent in 2013

    Betty Johnson

    Keller Williams

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3273868

Memphis Area Association of REALTORS®

APN: 06-0051-0-0058C

Tennessee Shelby County Memphis 38106 Southeast Memphis

1406 Effie Rd, Memphis, TN

This home is located at 1406 Effie Rd, Memphis, TN 38106 since 12 June 2013 and is currently estimated at $107,582, approximately $79 per square foot. This property was built in 1964. 1406 Effie Rd is a home located in Shelby County with nearby schools including Hamilton High School, Memphis Delta Preparatory Charter School, and Memphis College Preparatory.

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