NOT LISTED FOR SALE
135 Beds
-- Bath
-- Sq Ft
2.66 Acre Lot

Sale Details

Date Sold: December 29, 2023

Last sale price $1,700,000

About This Home

Rare opportunity for a value-add complex, just 10 minutes to FedEx & Memphis Airport, 10 Minutes to Downtown, Memphis 5 Minutes to U of M, and centrally located. Nearby schools, access to Expressway 78 units. Scheduled Gross Rental Income is $833,000. Owner willing to seller finance. 6 Units currently occupied w/ average rent of $375/mo.

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Ownership History

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Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2022
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

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Date Buyer Sale Price Title Company
$1,750,000 Glankler Brown Pllc
$1,050,000 Glankler Brown Pllc
Source: Public Records

Mortgage History

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Date Status Borrower Loan Amount
Open $300,000
Open $1,700,000
Source: Public Records

Property History

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Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $1,700,000 -12.8% $48 / Sq Ft View Prior Sale
09/14/2023 09/14/23 For Sale $1,950,000 -- $55 / Sq Ft

Tax History

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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 $13,257 $492,840 $64,440 $428,400
2024 $16,570 $488,800 $61,560 $427,240
2023 $29,776 $488,800 $61,560 $427,240
2022 $29,776 $488,800 $61,560 $427,240
2021 $35,389 $488,800 $61,560 $427,240
2020 $18,819 $259,720 $61,560 $198,160
2019 $8,301 $259,720 $61,560 $198,160
2018 $8,301 $259,720 $61,560 $198,160
2017 $8,497 $259,720 $61,560 $198,160
2016 $5,323 $121,800 $0 $0
2014 $6,232 $142,600 $0 $0
Source: Public Records

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