NOT LISTED FOR SALE
4 Beds
-- Bath
3,949 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: September 28, 2018

Last sale price $336,000 $85 Per Sq Ft

10 Days on Market

About This Home

As of September 2018

Rare opportunity for 4 or even 8 units in Midtown. This 4 unit was recently renovated with 3 of the 4 units getting a major upgrade. Unit 4 has a long term tenant in place. Monthly rents have been $3100 with room to grow! The nearly identical building next door is also available and the owner will entertain offers on either or both combined. Owner/Agent. Will Need 24 hours notice to how with all units occupied. Call agent for property and financial information. Owner/Agent

Last Agent to Sell the Property

Brandon Kamm

Revid Investments, LLC License #297627 Listed on: 08/14/2018

Last Buyer's Agent

Mark Hart

Reedy & Company, REALTORS License #342634

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 163.8

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,949 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Free-Standing Range

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 4 Units
  • R Galloway's Evergreen Blk N Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020065 00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 91
  • Number Of Stories: 2
  • Estimated Sq Ft: 3949
  • Year Built: 1925
  • Construction: Brick, Wood/Composition
  • List Price Per Unit: 89750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Smoke Detector(s)

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Facility: Covered

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 19
  • Acreage: 0.18
  • Lot Size: 50 X 163.8

Rental Info

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

Tax Info

  • Assessor Parcel Number: 020065 00018

Multi Family

  • Total Number Of Units: 4
  • Type of Unit: 1 BR - 1 Bath, Unfurnished

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

Listed on
Aug 14, 2018
Closed on
Sep 28, 2018
Sold by
Bought by
Seller's Agent
Brandon Kamm
Revid Investments, LLC
Buyer's Agent
Mark Hart
Reedy & Company, REALTORS
List Price
$359,000
Sold Price
$336,000
Premium/Discount to List
-$23,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$376,953
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 3, 2016
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Brandon Kamm
Revid Investments, LLC
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.13%
Original Mortgage
$195,500
Interest Rate
3.66%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 22, 2007
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
$163,200
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 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
$237,500
Interest Rate
8.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2003
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
$124,500
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1997
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

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
$330,000 None Available
$190,000 None Available
$204,000 None Available
$233,955 None Available
$250,000 Service First Title & Escrow
$166,000 First American Title Company
$75,000 --
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
Open $528,000
Previous Owner $195,500
Previous Owner $163,200
Previous Owner $237,500
Previous Owner $124,500
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 Prior Sale
09/28/2018 09/28/18 Sold $336,000 -6.4% $85 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $359,000 +88.9% $91 / Sq Ft
06/10/2016 06/10/16 Sold $190,000 -13.2% $48 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $219,000 -- $55 / 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 $2,273 $84,480 $14,680 $69,800
2024 $2,685 $79,200 $12,240 $66,960
2023 $4,825 $79,200 $12,240 $66,960
2022 $4,825 $79,200 $12,240 $66,960
2021 $2,149 $79,200 $12,240 $66,960
2020 $4,939 $68,160 $12,240 $55,920
2019 $2,178 $68,160 $12,240 $55,920
2018 $2,178 $68,160 $12,240 $55,920
2017 $2,230 $68,160 $12,240 $55,920
2016 $2,353 $53,840 $0 $0
2014 $2,353 $53,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10034236

Memphis Area Association of REALTORS®
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