NOT LISTED FOR SALE

1672 Beard Place Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $293,000 - $321,000

3 Beds
3 Baths
2,572 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $272,500 $106 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,799/month

19 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2021

Wonderful Duplex in the heart of Midtown, completely renovated in 2011, including new roof, kitchens and bathrooms. Located in a cul-de-sac this duplex is 3 BR 2 1/2 bath on one side (BR and 2BA UP, Kitchen/LV/Study/1/2BA Down), with a 1 BR 1bath efficiency on the other on ground FL. Great opportunity for investor or homeowner wishing to add extra income with a rental unit. Please DO NOT DISTURB, Tenant Occupied - no sign in yard -no showings without accepted offer. Selling in "As is" condition.

Last Agent to Sell the Property

Jennifer Williams

Hobson, REALTORS License #337889 Listed on: 03/19/2021

Last Buyer's Agent

Jeanie Henson

Madison Avenue Realty, LLC License #270219

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x163
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Carruthers Blk 2 Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020061 00016

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 108
  • Number Of Stories: 2
  • Estimated Sq Ft: 2572
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 3
  • Acreage: 0.18
  • Lot Size: 50X163

Rental Info

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

Tax Info

  • Assessor Parcel Number: 020061 00016

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 23, 2021
Sold by
Colturi Homes Inc
Bought by
Menon Jennifer and Menon Bala
Seller's Agent
Jennifer Williams
Hobson, REALTORS
Buyer's Agent
Jeanie Henson
Madison Avenue Realty, LLC
List Price
$279,000
Sold Price
$272,500
Premium/Discount to List
-$6,500
-2.33%
Current Estimated Value
$305,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,651
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jan 15, 2014
Sold by
Colturi Daniel
Bought by
Colturi Homes Inc

Purchase Details

Closed on
Sep 10, 2008
Sold by
Bank Of America
Bought by
Colturi Daniel

Purchase Details

Closed on
Sep 27, 2007
Sold by
Naylor Mary N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 31, 2000
Sold by
Palazola Anthony M and Canale Edward
Bought by
Naylor Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.63%
Mortgage Type
Purchase Money Mortgage
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
Menon Jennifer $272,500 Closetrak Llc
Colturi Homes Inc -- None Available
Colturi Daniel $78,000 Landcastle Title Llc
Bank Of America -- Landcastle Title Llc
Federal National Mortgage Association $130,189 None Available
Naylor Mary N $115,000 --
Naylor Mary N $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naylor Mary N $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $272,500 -2.3% $106 / Sq Ft
03/19/2021 03/19/21 For Sale $279,000 -- $108 / 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 $2,568 $127,800 $26,280 $101,520
2024 $2,568 $75,760 $17,960 $57,800
2023 $4,615 $75,760 $17,960 $57,800
2022 $4,615 $75,760 $17,960 $57,800
2021 $4,669 $75,760 $17,960 $57,800
2020 $4,637 $64,000 $17,960 $46,040
2019 $2,045 $64,000 $17,960 $46,040
2018 $2,045 $64,000 $17,960 $46,040
2017 $2,094 $64,000 $17,960 $46,040
2016 $2,056 $47,040 $0 $0
2014 $2,056 $47,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Williams

    Seller's Agent in 2021

    Jennifer Williams

    Hobson, REALTORS

    (901) 825-0044

    5 in this area

    130 Total Sales

    Jennifer Williams
    Section Image

  • J

    Buyer's Agent in 2021

    Jeanie Henson

    Madison Avenue Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095468

Memphis Area Association of REALTORS®

APN: 02-0061-0-0016

Tennessee Shelby County Memphis 38104 Midtown Memphis

1672 Beard Place, Memphis, TN

Not Listed for Sale

MultiFamily

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