NOT LISTED FOR SALE

1734 Hunter Ave Memphis, TN 38108

Vollintine Evergreen Neighborhood

Estimated Value: $112,000

7 Beds
1 Bath
3,600 Sq Ft
$31/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $75,000 $21 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $618/month

About This Home

As of May 2013

Calling all Cash Flow investors. Super opportunity here for a performing property. 7 unit building. All 1 bed.1 bath units. 5 of the 7 units rented at time of listing. one unit at $250 and the others at $300 per month.

Last Agent to Sell the Property

Jim Pickens

Lawrence Johnson, REALTORS License #290757 Listed on: 09/17/2012

Last Buyer's Agent

Jim Pickens

Lawrence Johnson, REALTORS License #290757 Listed on: 09/17/2012

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $152

Year Built

  • Built in 1961

Lot Details

  • 0.26

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Additional Features

  • Lot Dimensions are 75x150
  • Gas Water Heater

Community Details

  • 7 Units
  • Union Land & Imp Co Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 041020 00098

Property Details

Home Type

Apartment

Est. Annual Taxes

$152

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 742C
  • MAAR Subdivision Name: UNION LAND & IMPROVEMENT CO
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 3600
  • Year Built: 1961
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Gas

Lot Info

  • Lot Number: 71-72-73
  • Lot Size: 75X150

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 041020 00098

Multi Family

  • Perc Occ: 70
  • Total Number Of Units: 7
  • Number1 Bedroom Units: 7
  • Type of Unit: 1 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2015
Sold by
Safe Harbor Investments Llc
Bought by
Graceland Homes Llc
Current Estimated Value
$112,000

Purchase Details

Listed on
Sep 17, 2012
Closed on
May 23, 2013
Sold by
Infinite Re Llc
Bought by
Safe Harbor Investment Llc
Seller's Agent
Jim Pickens
Lawrence Johnson, REALTORS
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Dec 28, 2011
Sold by
Ib Property Holdings Llc
Bought by
Infiniti Re Llc

Purchase Details

Closed on
Aug 29, 2011
Sold by
Brown Mac Arthur
Bought by
Ib Property Holdings Llc

Purchase Details

Closed on
Sep 8, 2006
Sold by
Brown Mac Arthur
Bought by
Brown Mac Arthur and Mitchell Ruth Ann

Purchase Details

Closed on
Jun 14, 2006
Sold by
Allen Mario P and Allen Claudia
Bought by
Brown Mac Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1998
Sold by
Mathis William A and Quinn Daniel M
Bought by
Allen Mario P and Allen Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 1997
Sold by
Hunter Ltd
Bought by
Mathis William A and Quinn Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Graceland Homes Llc $150,000 None Available
Safe Harbor Investment Llc $75,000 Westenn Title & Escrow Ser
Infiniti Re Llc $32,500 Esquire Title & Escrow Inc
Ib Property Holdings Llc $59,600 None Available
Brown Mac Arthur $107,000 Southern Trust Title Company
Brown Mac Arthur $107,000 Southern Trust Title Company
Allen Mario P $50,000 --
Mathis William A $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Mac Arthur $90,000
Previous Owner Allen Mario P $40,000
Previous Owner Quinn Daniel M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $75,000 -5.1% $21 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $79,000 -- $22 / 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 $152 -- -- --
2024 $152 $4,480 $4,480 --
2023 $273 $4,480 $4,480 $0
2022 $1,803 $29,600 $4,480 $25,120
2021 $1,824 $29,600 $4,480 $25,120
2020 $2,040 $28,160 $4,480 $23,680
2019 $2,040 $28,160 $4,480 $23,680
2018 $2,040 $28,160 $4,480 $23,680
2017 $1,157 $28,160 $4,480 $23,680
2016 $1,568 $35,880 $0 $0
2014 $1,568 $35,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jim Pickens

    Lawrence Johnson, REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3256255

Memphis Area Association of REALTORS®

APN: 04-1020-0-0098

Tennessee Shelby County Memphis 38108 Vollintine Evergreen

1734 Hunter Ave, Memphis, TN

This home is located at 1734 Hunter Ave, Memphis, TN 38108 since 17 September 2012 and is currently estimated at $112,000, approximately $31 per square foot. This property was built in 1961. 1734 Hunter Ave is a home located in Shelby County with nearby schools including Vollentine Elementary School, Grandview Heights Middle, and Manassas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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