$79,000
SOLD JUL 18, 2022
1 Bed
1 Bath
1,125 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

11% Below List Price

6 Days on Market

Highlights

  • Traditional Architecture
  • Dining Area
  • Vinyl Flooring
  • Detached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of July 2022

This duplex consists of 1 bedroom and 1 bath units. The total scheduled monthly income is 650. Great upside in rent! Part of a duplex portfolio, additional duplexes are available. Drive by only. Please do not disturb tenants.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/15/2022

Crye-Leike Commercial

Last Buyer's Agent

Jessica Sewell

Prime Real Estate Group License #362061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $328

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Vinyl Flooring

Parking

  • Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • J P Clancy Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 031085 00167

Home Details

Home Type

Single Family

Est. Annual Taxes

$328

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1812
  • MLS Map #: 748B
  • MAAR Subdivision Name: J P CLANCY
  • Freestanding: Yes
  • List Price Per Sq Ft: 79
  • Number Of Stories: 1
  • Price Per Sq Ft: 70.22
  • Estimated Sq Ft: 1125
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 1000-1199

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Wall Heat
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 50
  • Acreage: 0.11
  • Lot Size: 40X120
  • Price Per Acre: 809091

Rental Info

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

Tax Info

  • Assessor Parcel Number: 031085 00167

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jul 14, 2022
Sold by
Wolfe Aaron J and Wolfe Gigi H
Bought by
Kerr Properties Team Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jessica Sewell
Prime Real Estate Group
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%
Total Days on Market
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.85%
Original Mortgage
$365,000
Outstanding Balance
$349,635
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$290,969

Purchase Details

Closed on
Aug 21, 2007
Sold by
Nobles Larry D and Nobles Vicki E
Bought by
Wolfe Aaron J and Wolfe Gigi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,325
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 Commercial Title Group
Warranty Deed $154,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 New Conventional
Previous Owner $131,325 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $50,000 -28.5% --
02/24/2025 02/24/25 Price Changed $69,900 -6.8% --
02/07/2025 02/07/25 For Sale $75,000 0.0% --
12/07/2024 12/07/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $75,000 -6.3% --
10/09/2024 10/09/24 Price Changed $80,000 -83.3% --
09/10/2024 09/10/24 For Sale $480,000 +507.6% --
07/18/2022 07/18/22 Sold $79,000 -11.2% $70 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $89,000 -- $79 / 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 $328 $27,520 $3,920 $23,600
2024 $328 $9,680 $1,320 $8,360
2023 $590 $9,680 $1,320 $8,360
2022 $590 $9,680 $1,320 $8,360
2021 $597 $9,680 $1,320 $8,360
2020 $812 $11,200 $1,320 $9,880
2019 $358 $11,200 $1,320 $9,880
2018 $358 $11,200 $1,320 $9,880
2017 $366 $11,200 $1,320 $9,880
2016 $584 $13,360 $0 $0
2014 $584 $13,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117646

Memphis Area Association of REALTORS®

APN: 03-1085-0-0167