NOT LISTED FOR SALE
16 Beds
-- Bath
5,088 Sq Ft
0.55 Acres

Last Sold January 27, 2015

Last sale price $70,000 $14 Per Sq Ft

Highlights

  • 0.55 Acre Lot
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of January 2015

This 8 unit property is located in S Memphis. The units are all 2 bedroom 1 bath. The scheduled monthly rents are $2573/mo.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/07/2014

Crye-Leike Commercial

Last Buyer's Agent

Ryan Lubin

Lubin Property Management, LLC License #317233

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925

Lot Details

  • 0.55 Acre Lot

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 5,088 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Community Details

  • 2 Buildings
  • 8 Units
  • Rayburn Ave Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 035096 00002

Property Details

Home Type

Apartment

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 747B
  • MAAR Subdivision Name: RAYBURN AVE
  • Freestanding: Yes
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1
  • Price Per Sq Ft: 127272.73
  • Estimated Sq Ft: 5088
  • Year Built: 1925
  • Construction: Brick
  • List Price Per Unit: 12437.5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor, Wall to Wall Carpet
  • Appliances Equipment: Refrigerator

Exterior Features

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

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Gas, Wall Heat

Lot Info

  • Lot Number: 9TO15
  • Acreage: 0.55
  • Lot Size: 126/133X150/195
  • Price Per Acre: 180909
  • Improved Sq Ft: 5084
  • Land Sq Ft: 24176

Rental Info

  • Leaseable Sq Ft: 5084
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 035096 00002

Multi Family

  • Perc Occ: 87
  • Total Number Of Units: 8
  • Number2 Bedroom Units: 8
  • Type of Unit: 2 BR - 1 Bath

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2015 01/27/15 Sold $70,000 -29.6% $14 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $99,500 +24.4% $20 / Sq Ft
07/02/2013 07/02/13 Sold $80,000 -16.7% $16 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
02/22/2012 02/22/12 For Sale $96,000 -- $19 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9933375

Memphis Area Association of REALTORS®