NOT LISTED FOR SALE

Estimated Value: $71,000 - $108,000

2 Beds
1 Bath
1,400 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $83,333 $60 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $526/month

83 Days on Market

Highlights

  • Traditional Architecture
  • Dining Area
  • Vinyl Flooring
  • Detached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of October 2022

This duplex consists of 2 bedroom and 1 bath units. The total scheduled monthly income is 710. 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

  • $325

Year Built

  • Built in 1963

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Vinyl Flooring

Parking

  • Detached Garage
  • Driveway

Utilities

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

Community Details

  • Norwod Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 042004 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$325

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Boxwood
  • Second Address Number: 1536
  • MLS Map #: 742B
  • MAAR Subdivision Name: NORWOOD
  • Freestanding: Yes
  • List Price Per Sq Ft: 64
  • Number Of Stories: 1
  • Price Per Sq Ft: 59.52
  • Estimated Sq Ft: 1400
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 191
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 684615

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 042004 00030

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Bright River Llc
Bought by
Walsaw Inc
Current Estimated Value
$91,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$323,569
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$237,236

Purchase Details

Closed on
Aug 21, 2007
Sold by
Nobles Larry D and Nobles Vicki E
Bought by
Wolfe Aaron J and Wolfe Gigi

Purchase Details

Closed on
Apr 23, 1997
Sold by
Baer Lawrence E
Bought by
Nobles Larry and Nobles Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
7.85%
Mortgage Type
Unknown
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
Walsaw Inc $205,000 Omega Title
Wolfe Aaron J $154,500 None Available
Nobles Larry $56,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsaw Inc $325,000
Previous Owner Nobles Larry $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $83,333 -6.4% $60 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $89,000 -10.1% $64 / Sq Ft
02/17/2022 02/17/22 For Sale $99,000 -- $71 / 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 $325 $19,200 $2,000 $17,200
2024 $325 $9,600 $1,520 $8,080
2023 $585 $9,600 $1,520 $8,080
2022 $585 $9,600 $1,520 $8,080
2021 $592 $9,600 $1,520 $8,080
2020 $727 $10,040 $1,520 $8,520
2019 $321 $10,040 $1,520 $8,520
2018 $321 $10,040 $1,520 $8,520
2017 $328 $10,040 $1,520 $8,520
2016 $460 $10,520 $0 $0
2014 $460 $10,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122829

Memphis Area Association of REALTORS®

APN: 04-2004-0-0030