NOT LISTED FOR SALE

1620 Castalia St Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $95,000 - $147,000

2 Beds
1 Bath
1,720 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $45,000 $26 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $639/month

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property
  • Eat-In Kitchen
  • Partially Carpeted

About This Home

As of December 2018

As IS Sale, New Electrical, Heating and Plumbing. Duplex is 100% rented. Professionally managed. Do Not Disturb Tenants. View with written and accepted offer with Due Diligence. Rents total $900 per mo. Seller will review reasonable offers. Seller also selling as PKG or individually, 2447 Twain, 3312 Abbottsford and 3565 Russelwood. Send offers!!! Contact me to discuss Pkg deal or individually.

Last Agent to Sell the Property

Tara Woodley

Zach Taylor Real Estate License #321165 Listed on: 10/02/2018

Zach Taylor Real Estate

Last Buyer's Agent

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Laminate

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • Goff Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 047010 00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$475

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1622
  • MAAR Subdivision Name: GOFF
  • Freestanding: Yes
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1
  • Estimated Sq Ft: 1720
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 60-61
  • Acreage: 0.12
  • Lot Size: 50 X 110

Rental Info

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

Tax Info

  • Assessor Parcel Number: 047010 00022

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2020
Sold by
Alonyr Investments Llc
Bought by
Berman Noam and Kotzki Fryal
Current Estimated Value
$114,385

Purchase Details

Listed on
Oct 2, 2018
Closed on
Dec 18, 2018
Sold by
Westerton Llc
Bought by
Alonyr Investments Llc
Seller's Agent
Tara Woodley
Zach Taylor Real Estate
Buyer's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Golden Palm Investments Llc
Bought by
Winteron Llc

Purchase Details

Closed on
Oct 18, 2013
Sold by
Dabney Ryan
Bought by
Golden Palm Investments Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Buls Robert B and Buls Elizabeth
Bought by
Dabney Ryan

Purchase Details

Closed on
Sep 18, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Sure Thing Builders Lp

Purchase Details

Closed on
Apr 3, 2008
Sold by
Hooks Michael
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Purchase Details

Closed on
Nov 14, 2005
Sold by
Southern Properties Rental Inc
Bought by
Hooks Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
11.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2002
Sold by
Jefferys Dorothy and Pugh Tequitria
Bought by
Southern Properties Rental Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 14, 2000
Sold by
Jeffreys Dorothy
Bought by
Parker Pugh Tequitria M

Purchase Details

Closed on
May 22, 2000
Sold by
First Greensboro Home Equity Service
Bought by
Pugh Tequitria and Jeffreys Dorothy

Purchase Details

Closed on
Jan 7, 2000
Sold by
White James E
Bought by
First Greensboro Home Equity Inc

Purchase Details

Closed on
May 21, 1998
Sold by
White James E
Bought by
White James Edward and Bryant Thelma Delois White
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
Berman Noam $85,000 None Available
Alonyr Investments Llc $45,000 None Available
Winteron Llc $60,000 Attorney
Golden Palm Investments Llc $15,000 None Available
Dabney Ryan $3,750 None Available
Buls Robert $62,500 None Available
Sure Thing Builders Lp $9,900 Real Estate Title Services
Deutsche Bank National Trust Co $18,900 None Available
Hooks Michael $60,000 Assured Escrow & Title
Southern Properties Rental Inc $39,612 --
Parker Pugh Tequitria M -- Memphis Title
Pugh Tequitria $6,000 --
First Greensboro Home Equity Inc $28,562 --
White James Edward -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooks Michael $54,000
Previous Owner Southern Properties Rental Inc $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $45,000 -10.0% $26 / Sq Ft
10/02/2018 10/02/18 For Sale $50,000 -- $29 / 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 $475 $29,960 $2,400 $27,560
2024 $475 $14,000 $1,000 $13,000
2023 $853 $14,000 $1,000 $13,000
2022 $853 $14,000 $1,000 $13,000
2021 $483 $14,000 $1,000 $13,000
2020 $901 $12,440 $1,000 $11,440
2019 $398 $12,440 $1,000 $11,440
2018 $398 $12,440 $1,000 $11,440
2017 $407 $12,440 $1,000 $11,440
2016 $1,042 $23,840 $0 $0
2014 $1,042 $23,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tara Woodley

    Seller's Agent in 2018

    Tara Woodley

    Zach Taylor Real Estate

    (901) 603-3419

    9 in this area

    92 Total Sales

    Tara Woodley
    Section Image
  • Shirley Rhynes-Hawkins

    Buyer's Agent in 2018

    Shirley Rhynes-Hawkins

    BEST Real Estate Company

    (901) 570-6048

    4 in this area

    79 Total Sales

    Shirley Rhynes-Hawkins
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10037908

Memphis Area Association of REALTORS®

APN: 04-7010-0-0022

Tennessee Shelby County Memphis 38114 Southeast Memphis

1620 Castalia St, Memphis, TN

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