NOT LISTED FOR SALE

Estimated Value: $161,000

7 Beds
1 Bath
3,600 Sq Ft
$45/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2013

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

Est. 115% increase in value since last sale

Current estimated payment $877 / mo

253 Days on Market

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

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

Year Built

Built in 1961

Lot Details

0.26 Acres

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • 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
  • Type of Unit: 1 BR - 1 Bath

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

Closed on
Feb 23, 2015
Sold by
Bought by
Current Estimated Value
$161,000

Purchase Details

Listed on
Sep 17, 2012
Closed on
May 23, 2013
Sold by
Bought by
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
6.00%

Purchase Details

Closed on
Dec 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2006
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
$90,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1998
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
$40,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 1997
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
$150,000 None Available
$75,000 Westenn Title & Escrow Ser
$32,500 Esquire Title & Escrow Inc
$59,600 None Available
$107,000 Southern Trust Title Company
$107,000 Southern Trust Title Company
$50,000 --
$50,000 --
$30,500 --
$30,500 --
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
Previous Owner $90,000
Previous Owner $40,000
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
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

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 -- -- -- --
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3256255

Memphis Area Association of REALTORS®

APN: 04-1020-0-0098

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