NOT LISTED FOR SALE

Estimated Value: $380,000 - $548,000

8 Beds
6 Baths
3,338 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $365,000 $109 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,650/month

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of August 2020

This home is located at 1611 Carr Ave, Memphis, TN 38104 since 20 August 2020 and is currently estimated at $448,490, approximately $134 per square foot. This property was built in 1920. 1611 Carr Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Bellevue Middle School, and Central High School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,019

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Property has 3 Levels
  • Lot Dimensions are 50x135

Community Details

  • Bonny Crest Subdivision

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 016031 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,019

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Total Bedrooms: 8
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50X135
  • Lot Size Units: Acres
  • Parcel #: 016031 00009
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Water, Gas, Trash Collection

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7019
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Aug 20, 2020
Sold by
Kgeppen Michelle and Kgeppen Ritta A
Bought by
Gibbons William L
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$448,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,490
Avg. Annual Appreciation
3.75%
Original Mortgage
$292,000
Outstanding Balance
$257,951
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$190,539

Purchase Details

Closed on
Dec 19, 2017
Sold by
Spears Diane C
Bought by
Koeppen Rita A and Koeppen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1996
Sold by
Johnson Robert M
Bought by
Spears Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.02%
Source: Public Records
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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
Gibbons William L $365,000 None Available
Koeppen Rita A $290,000 None Available
Spears Diane C $140,000 --
Spears Diane C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons William L $292,000
Previous Owner Koeppen Rita A $232,000
Previous Owner Spears Diane C $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $365,000 0.0% $109 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $365,000 -- $109 / Sq Ft
Source: Realtracs

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 $3,039 $107,750 $18,575 $89,175
2024 $3,039 $89,650 $15,350 $74,300
2023 $5,461 $89,650 $15,350 $74,300
2022 $5,461 $89,650 $15,350 $74,300
2021 $3,093 $89,650 $15,350 $74,300
2020 $7,020 $96,880 $24,560 $72,320
2019 $3,096 $96,880 $24,560 $72,320
2018 $3,096 $96,880 $24,560 $72,320
2017 $1,981 $60,550 $15,350 $45,200
2016 $2,739 $62,675 $0 $0
2014 $2,739 $62,675 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3161523

Realtracs

APN: 01-6031-0-0009

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