NOT LISTED FOR SALE

Estimated Value: $272,520 - $311,000

2 Beds
2 Baths
6,750 Sq Ft
$44/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $272,000 $40 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,743/month

About This Home

As of November 2021

DUPLEX located around the corner from the entrance to Overton Park's Poplar entrance. Each unit is identical and is composed of 1 bedroom/one bath. Easily convertible to a 2/1 and a 1/1 for a small family and a small rental or mother-in-law suite. Turnkey investment, can gross $1,350. each side. Ample back yard for each side; shade on one side for comfort, the other side is full sun for a hearty vegetable garden. New appliances. Large storage shed. Full laundry room. New security wall.

Last Agent to Sell the Property

Jonathan Minerick

homecoin.com License #357494 Listed on: 07/20/2021

Last Buyer's Agent

Alyssa Ivey

eXp Realty License #360977

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50x135

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Plaster

Interior Spaces

  • 6,750 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Site Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 017053 00007

Community Details

Overview

  • 2 Units
  • East End Park Place Subdivision

Building Details

  • Insurance Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,057

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 746C
  • MAAR Subdivision Name: East End Park Place
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Estimated Sq Ft: 6750
  • Year Built: 1930
  • Construction: Brick
  • List Price Per Unit: 144975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Plaster
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Exhaust Fan/Vent Hood, Microwave, Smoke Detector(s)

Exterior Features

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

Garage/Parking

  • Parking Facility: Concrete, Offsite/Street

Utilities

  • Hot Water: Gas, Public Water, Public Sewer
  • Cooling Systems: 2+ Window Units per Unit
  • Heating Systems: Gas, Wall Heat
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 40
  • Lot Size: 50X135
  • Improved Sq Ft: 1679
  • Land Sq Ft: 6750

Rental Info

  • Leaseable Sq Ft: 1679
  • Tenant Pays: All Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 017053 00007

Multi Family

  • Total Number Of Units: 2
  • Number1 Bedroom Units: 2
  • Type of Unit: 1 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Nov 5, 2021
Sold by
Fernandez Natalia
Bought by
Solberg Thor and Solberg Jennifer
Seller's Agent
Jonathan Minerick
homecoin.com
Buyer's Agent
Alyssa Ivey
eXp Realty
List Price
$299,900
Sold Price
$272,000
Premium/Discount to List
-$27,900
-9.3%
Current Estimated Value
$295,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,130
Avg. Annual Appreciation
2.05%
Original Mortgage
$204,000
Outstanding Balance
$188,731
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$105,202

Purchase Details

Closed on
Nov 18, 2016
Sold by
Washignton Lucille
Bought by
Fernandez Nataila

Purchase Details

Closed on
Mar 12, 2011
Sold by
Lindsey Paul E
Bought by
Lindsey Paul E and Lindsey Greg

Purchase Details

Closed on
Mar 21, 2009
Sold by
Pittman Lillian
Bought by
Washington Lucille
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
Solberg Thor $272,000 None Available
Fernandez Nataila $140,000 None Available
Lindsey Paul E -- None Available
Washington Lucille -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solberg Thor $204,000
Previous Owner Damiano Frank J $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $272,000 -6.2% $40 / Sq Ft
10/25/2021 10/25/21 Price Changed $289,950 +11.5% $43 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $259,950 -10.3% $39 / Sq Ft
08/23/2021 08/23/21 Price Changed $289,950 +1.8% $43 / Sq Ft
08/14/2021 08/14/21 Price Changed $284,900 -1.7% $42 / Sq Ft
08/11/2021 08/11/21 Price Changed $289,900 -1.7% $43 / Sq Ft
08/07/2021 08/07/21 Price Changed $294,900 -1.7% $44 / Sq Ft
07/20/2021 07/20/21 For Sale $299,900 -- $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 $2,057 $102,880 $20,400 $82,480
2024 $2,057 $60,680 $16,040 $44,640
2023 $3,696 $60,680 $16,040 $44,640
2022 $3,696 $60,680 $16,040 $44,640
2021 $1,308 $37,925 $10,025 $27,900
2020 $2,683 $37,025 $10,025 $27,000
2019 $1,183 $37,025 $10,025 $27,000
2018 $1,183 $37,025 $10,025 $27,000
2017 $1,211 $37,025 $10,025 $27,000
2016 $735 $16,825 $0 $0
2014 $735 $16,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104452

Memphis Area Association of REALTORS®

APN: 01-7058-0-0007