NOT LISTED FOR SALE

Estimated Value: $119,000 - $147,000

1 Bed
1 Bath
1,247 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $63,000 $51 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $746/month

157 Days on Market

Highlights

  • 0.66 Acre Lot
  • Step Saver Kitchen Design
  • Central Heating and Cooling System
  • Traditional Architecture
  • Brick Veneer
  • Level Lot

About This Home

As of February 2019

TENANT RIGHTS IN PLACE! DO NOT APPROACH PROPERTY! This property is located in a nice well established neighborhood. Brand New Roof. New exterior paint! Both units are occupied with long term tenants. Great income potential.

Last Agent to Sell the Property

Theresa Goolsby

BHHS McLemore & Co., Realty License #344319 Listed on: 05/11/2018

BHHS McLemore & Co., Realty

Co-Listed By

Harry Spore

Weichert REALTOR-SPM License #251098

Last Buyer's Agent

Glenn Greene

The Stamps Real Estate Company License #328076

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.66 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,247 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Attic Access Panel

Kitchen

  • Step Saver Kitchen Design
  • Disposal

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Garden View 1St Addn Blk B Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 079013 00019

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Single Family Conversion
  • Style: Traditional
  • MAAR Subdivision Name: GARDEN VIEW 1ST ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • Estimated Sq Ft: 1247
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Disposal
  • Miscellaneous Interior: Attic Access, Cable Available

Exterior Features

  • Misc Exterior: Separate Meters
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 42
  • Acreage: 0.66
  • Lot Size: 117/127.78 X 274.43/223.17

Rental Info

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

Tax Info

  • Assessor Parcel Number: 079013 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Chen Frank
Bought by
Junior Jordan
Current Estimated Value
$128,916

Purchase Details

Listed on
May 11, 2018
Closed on
Feb 7, 2019
Sold by
Mountain West Ira Inc
Bought by
Chen Frank
Seller's Agent
Theresa Goolsby
BHHS McLemore & Co., Realty
Buyer's Agent
Glenn Greene
The Stamps Real Estate Company
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Listed on
Dec 29, 2015
Closed on
Feb 16, 2016
Sold by
Pegasus Real Estate Sevies Llc
Bought by
Ria Mouatin West and Patrick Irealnd Ira
Seller's Agent
Charlestine Mitchell
Lawrence Johnson, REALTORS
Buyer's Agent
Charlestine Mitchell
Lawrence Johnson, REALTORS
List Price
$30,000
Sold Price
$28,500
Premium/Discount to List
-$1,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.50%
Original Mortgage
$41,000
Interest Rate
3.97%
Mortgage Type
Unknown
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
Junior Jordan $120,000 Title Assurance & Escrow
Chen Frank $63,000 Title Assurance & Escrow Inc
Ria Mouatin West $66,900 Saddle Creek Title Llc
Pegasus Real Estate Serivces Llc $28,500 Saddle Creek Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ria Mouatin West $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2019 02/07/19 Sold $63,000 -10.0% $51 / Sq Ft
11/27/2018 11/27/18 For Sale $70,000 0.0% $56 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $70,000 -6.7% $56 / Sq Ft
07/29/2018 07/29/18 Price Changed $75,000 -6.3% $60 / Sq Ft
05/11/2018 05/11/18 For Sale $80,000 +180.7% $64 / Sq Ft
02/16/2016 02/16/16 Sold $28,500 -5.0% $24 / Sq Ft View Prior Sale
12/30/2015 12/30/15 Pending -- -- --
12/29/2015 12/29/15 For Sale $30,000 -- $25 / 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 $880 $51,800 $11,640 $40,160
2024 -- $25,960 $9,040 $16,920
2023 $1,581 $25,960 $9,040 $16,920
2022 $1,581 $25,960 $9,040 $16,920
2021 $896 $25,960 $9,040 $16,920
2020 $1,907 $26,320 $9,040 $17,280
2019 $841 $26,320 $9,040 $17,280
2018 $841 $26,320 $9,040 $17,280
2017 $861 $26,320 $9,040 $17,280
2016 $1,143 $26,160 $0 $0
2014 $715 $16,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10026788

Memphis Area Association of REALTORS®

APN: 07-9013-0-0019