NOT LISTED FOR SALE
20 Beds
-- Bath
15,355 Sq Ft
0.47 Acre Lot

Sale Details

Date Sold: December 17, 2018

Last sale price $985,000 $64 Per Sq Ft

Highlights

  • 0.47 Acre Lot
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Landscaped Professionally
  • Laundry Facilities

About This Home

As of December 2018

Great investment opportunity within the Medical District. *PENDING*

Last Agent to Sell the Property

Duane Kinnard

Tri-Leake Realty License #335044 Listed on: 12/01/2018

Last Buyer's Agent

Jeffrey Smith

JASCO Realty License #322248

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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 20,473 Sq Ft Lot
  • Lot Dimensions are 135 x 154.5
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Landscaped Professionally

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 15,355 Sq Ft Home
  • 2-Story Property

Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 017024 00006

Community Details

Overview

  • 3 Buildings
  • 20 Units
  • Witt Blk 1 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0.47 Acres

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: WITT BLK 1
  • Freestanding: Yes
  • List Price Per Sq Ft: 64
  • Number Of Stories: 2
  • Estimated Sq Ft: 15355
  • Year Built: 1964
  • Construction: Brick/Veneer
  • List Price Per Unit: 49250
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Slab, Partial Basement, Walk-Out Basement, Laundry Facility
  • Roof: Shingle/Shake
  • Miscellaneous Exterior: Sidewalks, Professional Landscaping, Wood Fence, Chain Fence, Partically Fenced

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Common Laundry

Lot Info

  • Lot Number: 7
  • Acreage: 0.47
  • Lot Size: 135 X 154.5

Rental Info

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

Tax Info

  • Assessor Parcel Number: 017024 00006

Multi Family

  • Total Number Of Units: 20
  • Type of Unit: 1 BR - 1 Bath

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$144,855
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 1, 2018
Closed on
Dec 14, 2018
Sold by
Bought by
Seller's Agent
Duane Kinnard
Tri-Leake Realty
Buyer's Agent
Jeffrey Smith
JASCO Realty
List Price
$985,000
Sold Price
$985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,100
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2017
Sold by
Bought by

Purchase Details

Listed on
Jan 13, 2012
Closed on
Sep 25, 2013
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$725,000
Sold Price
$525,000
Premium/Discount to List
-$200,000
-27.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$2,200,000 Local Title Llc
$985,000 Close Track Closing & Title
-- None Available
-- None Available
$525,000 None Available
$637,500 None Available
$200,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $165,000
Previous Owner $650,100
Previous Owner $980,000
Previous Owner $510,000
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
12/17/2018 12/17/18 Sold $985,000 0.0% $64 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
12/01/2018 12/01/18 For Sale $985,000 +87.6% $64 / Sq Ft
09/27/2013 09/27/13 Sold $525,000 -27.6% $38 / Sq Ft View Prior Sale
06/26/2013 06/26/13 Pending -- -- --
01/13/2012 01/13/12 For Sale $725,000 -- $52 / 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 $11,639 $432,680 $54,320 $378,360
2024 $13,834 $408,080 $40,480 $367,600
2023 $24,859 $408,080 $40,480 $367,600
2022 $24,859 $408,080 $40,480 $367,600
2021 $14,079 $408,080 $40,480 $367,600
2020 $13,788 $190,280 $40,480 $149,800
2019 $6,081 $190,280 $40,480 $149,800
2018 $6,081 $190,280 $40,480 $149,800
2017 $6,225 $190,280 $40,480 $149,800
2016 $6,969 $159,480 $0 $0
2014 $6,969 $159,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042133

Memphis Area Association of REALTORS®
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