NOT LISTED FOR SALE

1460 Oakwood St Memphis, TN 38108

Hollywood Neighborhood

Estimated Value: $86,000 - $130,000

8 Beds
2 Baths
1,400 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $137,500 $98 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $667/month

4 Days on Market

Highlights

  • 0.24 Acre Lot
  • 1-Story Property
  • 4-minute walk to Hollywood Community Center
  • Vinyl Flooring

About This Home

As of June 2022

This building consists of all 2 bedroom and 1 bath units. The total scheduled monthly income is 850. Great upside in rent! Part of a duplex portfolio, additional duplexes are available. Drive by only. Please do not disturb tenants.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/17/2022

Crye-Leike Commercial

Last Buyer's Agent

Jessica Sewell

Prime Real Estate Group License #362061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

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

Community Details

  • Norwood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 042017 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$664

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 742B
  • MAAR Subdivision Name: NORWOOD
  • Freestanding: Yes
  • List Price Per Sq Ft: 141
  • Number Of Stories: 1
  • Price Per Sq Ft: 572916.67
  • Estimated Sq Ft: 1400
  • Year Built: 1963
  • Construction: Brick/Veneer
  • List Price Per Unit: 49500
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat
  • Laundry: Connections

Lot Info

  • Lot Number: 452-453
  • Acreage: 0.24
  • Lot Size: 70X150
  • Price Per Acre: 825000
  • Improved Sq Ft: 1400
  • Land Sq Ft: 10500

Rental Info

  • Leaseable Sq Ft: 1400
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 042017 00022

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1+ Baths

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Jun 17, 2022
Sold by
Wolfe Aaron J and Wolfe Gigi H
Bought by
Jea Realty Company Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jessica Sewell
Prime Real Estate Group
List Price
$198,000
Sold Price
$137,500
Premium/Discount to List
-$60,500
-30.56%
Current Estimated Value
$112,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,167
Avg. Annual Appreciation
-6.78%
Original Mortgage
$243,000
Outstanding Balance
$232,483
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
-$122,483

Purchase Details

Closed on
Aug 21, 2007
Sold by
Nobles Larry D and Nobles Vicki E
Bought by
Wolfe Aaron J and Wolfe Gigi
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
Jea Realty Company Llc $275,000 Commercial Title Group
Wolfe Aaron J $154,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jea Realty Company Llc $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $137,500 -30.6% $98 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $198,000 -- $141 / 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 $664 $22,640 $2,000 $20,640
2024 $664 $19,600 $1,520 $18,080
2023 $1,194 $19,600 $1,520 $18,080
2022 $1,194 $19,600 $1,520 $18,080
2021 $1,208 $19,600 $1,520 $18,080
2020 $1,348 $18,600 $1,520 $17,080
2019 $594 $18,600 $1,520 $17,080
2018 $594 $18,600 $1,520 $17,080
2017 $609 $18,600 $1,520 $17,080
2016 $825 $18,880 $0 $0
2014 $825 $18,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2022

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    13 in this area

    89 Total Sales

    Jeffrey Moore
    Section Image

  • J

    Buyer's Agent in 2022

    Jessica Sewell

    Prime Real Estate Group

    (208) 620-8283

    10 in this area

    36 Total Sales

    Jessica Sewell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118085

Memphis Area Association of REALTORS®

APN: 04-2017-0-0026

Tennessee Shelby County Memphis 38108 Hollywood

1460 Oakwood St, Memphis, TN

This home is located at 1460 Oakwood St, Memphis, TN 38108 since 17 February 2022 and is currently estimated at $112,333, approximately $80 per square foot. This property was built in 1963. 1460 Oakwood St is a home located in Shelby County with nearby schools including Douglass Elementary School, Douglass High School, and Promise Academy.

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