NOT LISTED FOR SALE

Estimated Value: $266,389 - $323,000

4 Beds
3 Baths
2,232 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $303,000 $136 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,584/month

Highlights

  • Wood Flooring
  • Balcony
  • 1-Story Property
  • Efficiency Studio
  • Central Heating and Cooling System

About This Home

As of April 2022

3 unit home in midtown! New roof Sept 2018. 170 has central heat/air; 172 & 174 have floor furnace and/or window units. Fenced back yard. Currently rented under market value. (current rents: $875, $650 & Vacant unit was $950- all rents include utilities) Convenient to all midtown fun, schools, and amenities. DO NOT DISTURB TENANTS. Selling as-is. Contact agent for showing info.

Last Agent to Sell the Property

Stephanie Taylor

Sowell, Realtors License #295151 Listed on: 03/15/2022

Last Buyer's Agent

Amanda Kirkman

KAIZEN Realty, LLC License #335577

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 78x145
  • Chain Link Fence

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property
  • Efficiency Studio
  • Crawl Space
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window

Community Details

  • 3 Units
  • Park Moor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028038 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,062

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MAAR Subdivision Name: PARK MOOR
  • Freestanding: Yes
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1
  • Estimated Sq Ft: 2232
  • Year Built: 1940
  • Construction: Brick
  • List Price Per Unit: 95000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition
  • Miscellaneous Exterior: Chain Fence

Garage/Parking

  • Parking Facility: Concrete, Less Than 1 Per Unit

Utilities

  • Hot Water: Public Water, Public Sewer
  • Cooling Systems: Central, 2+ Window Units per Unit
  • Heating Systems: Central, Floor Furnace
  • Laundry: Connections

Association/Amenities

  • Amenities: Balcony/Patio

Lot Info

  • Lot Number: 8
  • Acreage: 0.25
  • Lot Size: 78X145

Rental Info

  • Actual Annual Rent: 2475
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 028038 00009

Multi Family

  • Perc Occ: 60
  • Total Number Of Units: 3
  • Number2 Bedroom Units: 2
  • Number Efficiency Studio Units: 1
  • Type of Unit: Efficiency/Studio, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 10, 2018
Sold by
Boii Wervil Properties Tennesse Limietd
Bought by
Rowland Derek
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Stephanie Taylor
Sowell, Realtors
List Price
$183,000
Sold Price
$180,000
Premium/Discount to List
-$3,000
-1.64%
Current Estimated Value
$285,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,597
Avg. Annual Appreciation
6.69%
Original Mortgage
$135,000
Outstanding Balance
$117,739
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$167,858

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jul 29, 2013
Sold by
Memphis Theological Seminary Of The Cumb
Bought by
Bol Weevil Properties Llc
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Apr 25, 2007
Sold by
Wilder Randall K
Bought by
Memphis Theological Seminary Of The Cumb

Purchase Details

Closed on
Jan 4, 2005
Sold by
Moser Bobby N
Bought by
Wilder Randall K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1999
Sold by
Peteet B Frankie
Bought by
Moser Bobby N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,650
Interest Rate
8.75%
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
Rowland Derek $180,000 None Available
Bol Weevil Properties Llc $660,000 Executive Title & Closing
Memphis Theological Seminary Of The Cumb $140,000 None Available
Wilder Randall K $110,000 --
Moser Bobby N $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowland Derek $135,000
Previous Owner Wilder Randall K $93,500
Previous Owner Moser Bobby N $75,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $303,000 +6.3% $136 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $285,000 +58.3% $128 / Sq Ft
09/10/2018 09/10/18 Sold $180,000 -1.6% $81 / Sq Ft View Prior Sale
09/05/2018 09/05/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $183,000 +66.4% $82 / Sq Ft
08/01/2013 08/01/13 Sold $110,000 0.0% $49 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $110,000 -- $49 / 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 $1,062 $115,240 $8,000 $107,240
2024 $1,062 $31,320 $6,480 $24,840
2023 $1,908 $31,320 $6,480 $24,840
2022 $1,908 $31,320 $6,480 $24,840
2021 $1,930 $31,320 $6,480 $24,840
2020 $3,907 $53,920 $6,480 $47,440
2019 $1,723 $53,920 $6,480 $47,440
2018 $1,723 $53,920 $6,480 $47,440
2017 $1,764 $53,920 $6,480 $47,440
2016 $2,475 $56,640 $0 $0
2014 $2,475 $56,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119594

Memphis Area Association of REALTORS®

APN: 02-8038-0-0009