NOT LISTED FOR SALE

Estimated Value: $73,503 - $112,000

2 Beds
1 Bath
1,492 Sq Ft
$62/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $34,900 $23 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $534/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer
  • Wood Flooring
  • Eat-In Kitchen
  • Level Lot

About This Home

As of May 2020

Property is a great condition with all bricks. Income producing property with long term tenants. Each unit is rented for $330 month. Drive by only. Do not Disturb Tenant. Inspection with an accepted offer. Apperson Crump 6000 Poplar Ave Ste 150 Memphis, TN 38119 to hold earnest money . Cash offer ONLY . Property As-Is

Last Agent to Sell the Property

Jo Mathes

Pinnacle Realty License #272839 Listed on: 05/06/2020

Last Buyer's Agent

Verna Littleton

Fast Track Realty, LLC License #274344

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Attic Access Panel
  • Eat-In Kitchen

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

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

Community Details

  • Carpit Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060048 00066

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: CARPIT PLACE
  • Freestanding: Yes
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Estimated Sq Ft: 1492
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Miscellaneous Interior: Attic Access

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: E PT 20
  • Acreage: 0.14
  • Lot Size: 6490

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 060048 00066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
May 19, 2020
Sold by
Smith Charles S and Smith Charles S
Bought by
Walker Darrnell
Seller's Agent
Jo Mathes
Pinnacle Realty
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$39,900
Sold Price
$34,900
Premium/Discount to List
-$5,000
-12.53%
Current Estimated Value
$92,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,976
Avg. Annual Appreciation
18.91%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Smith Charles S and Smith Geneva Frieson
Bought by
Smith Charles S and Smith Geneva Frieson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walker Darrnell $25,000 None Available
Smith Charles S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $34,900 -12.5% $23 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $39,900 -- $27 / 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 $570 $22,600 $2,560 $20,040
2024 $570 $16,800 $1,040 $15,760
2023 $1,023 $16,800 $1,040 $15,760
2022 $1,023 $16,800 $1,040 $15,760
2021 $580 $16,800 $1,040 $15,760
2020 $1,090 $15,040 $1,040 $14,000
2019 $481 $15,040 $1,040 $14,000
2018 $481 $15,040 $1,040 $14,000
2017 $492 $15,040 $1,040 $14,000
2016 $1,002 $22,920 $0 $0
2014 $1,002 $22,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076031

Memphis Area Association of REALTORS®

APN: 06-0048-0-0066