NOT LISTED FOR SALE

1628 S Main St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $45,881 - $85,000

2 Beds
1 Bath
1,512 Sq Ft
$40/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2023

Last sale price $48,000 $32 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $352 / mo

2 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Level Lot
  • Separate Formal Living Room
  • Tile Flooring
  • 1-Story Property

About This Home

As of August 2023

This duplex is a great investment opportunity for an investor. The plumbing and electric rough-in has been completed. There is a new hot water tank installed. The sheetrock has also been hung. Only thing needed now is the cosmetic improvements.

Last Agent to Sell the Property

Jabari Bailey

The Bailey Company Realty, Inc License #358140 Listed on: 07/23/2023

Last Buyer's Agent

Sandra Villamil

Keller Williams Realty License #360166

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x115
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room

Flooring

  • Concrete
  • Tile

Utilities

  • Electric Water Heater

Community Details

  • South Parkway Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035087 00039

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: SOUTH PARKWAY PLACE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1512
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile, Concrete Floor, Smooth Ceiling

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 402&403
  • Acreage: 0.1
  • Lot Size: 40X115

Tax Info

  • Assessor Parcel Number: 035087 00039

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Aug 24, 2023
Sold by
Bought by
Seller's Agent
Jabari Bailey
The Bailey Company Realty, Inc
Buyer's Agent
Sandra Villamil
Keller Williams Realty
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Views
49
Current Estimated Value
$58,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,970
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Nov 17, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 2018
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
0.0708%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 31, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$48,000 Omega Title
-- --
-- --
$1,000 None Available
$1,000 None Available
$6,000 None Available
$6,000 None Available
-- None Available
-- None Available
-- None Available
$52,000 --
$28,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $4,000
Closed $44,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $48,000 -12.7% $32 / Sq Ft
07/23/2023 07/23/23 For Sale $55,000 -- $36 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $397 $14,760 $2,400 $12,360
2024 -- $8,040 $1,200 $6,840
2023 $490 $8,040 $1,200 $6,840
2022 $156 $2,560 $1,200 $1,360
2021 $185 $2,560 $1,200 $1,360
2020 $319 $4,400 $1,200 $3,200
2019 $518 $16,200 $1,200 $15,000
2018 $451 $0 $0 $0
2017 $0 $0 $0 $0
2016 $774 $0 $0 $0
2014 $774 $17,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jabari Bailey

    The Bailey Company Realty, Inc

    (901) 235-0844

    9 in this area

    35 Total Sales

    Jabari Bailey
    Section Image
  • Sandra Villamil

    Buyer's Agent in 2023

    Sandra Villamil

    Keller Williams Realty

    (901) 674-0530

    5 in this area

    77 Total Sales

    Sandra Villamil
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152856

Memphis Area Association of REALTORS®

APN: 03-5087-0-0039

Tennessee Shelby County Memphis 38106 South Memphis

1628 S Main St, Memphis, TN

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