NOT LISTED FOR SALE

Estimated Value: $251,904 - $304,000

2 Beds
1 Bath
1,573 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $100,000 $64 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,647/month

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Eat-In Kitchen
  • Traditional Architecture
  • 2 Car Detached Garage
  • Storage Room

About This Home

As of July 2013

FABULOUS CENTRAL GARDENS DUPLEX-ONE OWNER! WOW! WELL CARED FOR! CENTRAL HEAT/AIR! 2 CAR CARPORT IN REAR! SMOOTH CEILINGS, LOVELY HARDWOOD! A RARE FIND! ALL BRICK! 6-2013 NEW DIMENSIONAL SHINGLE ROOF DOWN TO DECKING! GREAT LAYOUT-GREAT RENT-100% RENTED NOW

Last Agent to Sell the Property

Billy Groome

Groome & Co. License #284950 Listed on: 06/25/2013

Co-Listed By

Jeanna Groome

Groome & Co. License #251626

Last Buyer's Agent

Jolynne Scott

Groome & Co. License #292380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1957

Lot Details

  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,573 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Parking

  • 2 Car Detached Garage
  • Carport

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 030015 00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,087

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: MCCLEAN
  • Second Address Number: 1830
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1573
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Appliances Equipment: Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Misc Exterior: Historic District
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking: Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 64& 65
  • Lot Size: 49.1/45.1X145/145 IRR

Rental Info

  • Type Of Leases: Monthly, 6 Month

Tax Info

  • Assessor Parcel Number: 030015 00026

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Morales Jolynna R and Morales Billy R
Bought by
Princess Chuck Llc
Current Estimated Value
$279,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$205,551
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$74,425

Purchase Details

Closed on
Dec 30, 2021
Sold by
Pt Properties Llc
Bought by
Morales Jolynna and Groome Billy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$205,551
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$74,425

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jul 29, 2013
Sold by
Barnes Phillip and Barnes Tara
Bought by
Pt Properties Llc
Seller's Agent
Billy Groome
Groome & Co.
Buyer's Agent
Jolynne Scott
Groome & Co.
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$75,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Princess Chuck Llc $295,000 Erickson Title & Closing
Morales Jolynna $235,000 Erickson Title & Closing Llc
Pt Properties Llc -- None Available
Barnes Phillip $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Princess Chuck Llc $220,000
Previous Owner Morales Jolynna $176,250
Previous Owner Barnes Phillip $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2013 07/29/13 Sold $100,000 -8.3% $64 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $109,000 -- $69 / 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 $2,087 $99,480 $35,000 $64,480
2024 $2,087 $61,560 $21,040 $40,520
2023 $3,750 $61,560 $21,040 $40,520
2022 $3,750 $61,560 $21,040 $40,520
2021 $2,124 $61,560 $21,040 $40,520
2020 $3,298 $45,520 $21,040 $24,480
2019 $1,455 $45,520 $21,040 $24,480
2018 $1,455 $45,520 $21,040 $24,480
2017 $1,489 $45,520 $21,040 $24,480
2016 $1,888 $43,200 $0 $0
2014 $1,888 $46,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3274890

Memphis Area Association of REALTORS®

APN: 03-0015-0-0026