NOT LISTED FOR SALE
10 Beds
-- Bath
8,757 Sq Ft
1912 Built

Sale Details

Date Sold: February 28, 2014

Last sale price $365,000 $42 Per Sq Ft

43 Days on Market

Highlights

  • Efficiency Studio
  • Washer and Dryer
  • Partially Carpeted
  • Laundry Facilities

About This Home

As of February 2014

11 unit apartment building priced at $35k per unit. Curb Appeal, Brick Exterior, Good Condition, Easy to Lease, 100% Occupied, Good Midtown Location. Drive by the property before calling to schedule a showing, advanced notice to show.

Last Agent to Sell the Property

Chris Garland

Crye-Leike, Inc., REALTORS License #232993 Listed on: 01/15/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Brandon Kamm

Revid Investments, LLC License #297627

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1912

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 8,757 Sq Ft Home
  • 2-Story Property
  • Efficiency Studio
  • Partially Carpeted
  • Washer and Dryer

Basement

  • Partial Basement
  • Crawl Space

Lot Details

  • Lot Dimensions are 63.5 x 154.5

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for security deposit
  • Month-to-Month Lease Term
  • Assessor Parcel Number 017023 00005

Community Details

Overview

  • 11 Units
  • Witt Blk 2 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $3,000
  • Utility Expense $16,800
  • Operating Expense $36,000
  • Gross Income $1,200

Property Details

Home Type

Apartment

Year Built

Built in 1912

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: WITT BLK 2
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 8757
  • Year Built: 1912
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Partial Carpet

Exterior Features

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

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas, Public Water, Public Sewer
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Gas, Wall Heat
  • Laundry: Common Laundry, Equipment Owned

Lot Info

  • Lot Number: 5
  • Lot Size: 63.5 X 154.5

Rental Info

  • Actual Annual Rent: 79560
  • Tenant Pays: Security Deposit
  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 017023 00005

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 11
  • Number Efficiency Studio Units: 1
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2014 02/28/14 Sold $365,000 -5.2% $42 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $385,000 +29.0% $44 / Sq Ft
05/25/2012 05/25/12 Sold $298,500 -0.5% $30 / Sq Ft View Prior Sale
04/11/2012 04/11/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $300,000 -- $31 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,377 $199,880 $48,400 $151,480
2024 $6,103 $180,040 $37,200 $142,840
2023 $10,967 $180,040 $37,200 $142,840
2022 $10,967 $180,040 $37,200 $142,840
2021 $11,096 $180,040 $37,200 $142,840
2020 $10,901 $150,440 $37,200 $113,240
2019 $10,901 $150,440 $37,200 $113,240
2018 $10,901 $150,440 $37,200 $113,240
2017 $6,183 $150,440 $37,200 $113,240
2016 $4,788 $109,560 $0 $0
2014 $4,788 $109,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3288604

Memphis Area Association of REALTORS®
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