NOT LISTED FOR SALE

1840 Young Ave Memphis, TN 38114

Cooper-Young Neighborhood

Estimated Value: $251,000 - $297,000

2 Beds
2 Baths
2,313 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $100,800 $44 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,641/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • 1 Fireplace
  • Porch
  • Walk-In Closet

About This Home

As of October 2015

Great Investment Opportunity, Tenants in Place, Over $1100 Monthly Income, Bring All Offers

Last Agent to Sell the Property

Terri Faulkner

Reedy & Company, REALTORS License #232154 Listed on: 08/03/2015

Last Buyer's Agent

Alison Restivo

The Restivo Group, REALTORS License #274936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1912

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 2,313 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lamar Hgts Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection
  • Assessor Parcel Number 031055 00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,431

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1842
  • MLS Map #: 746J
  • MAAR Subdivision Name: COOPER YOUNG
  • Freestanding: Yes
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 43.58
  • Estimated Sq Ft: 2313
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Number Of Fireplaces: 1
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 2200-2399
  • Miscellaneous Interior: All Window Treatments, Walk-In Closet(s), Cable Available

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 42
  • Acreage: 0.2
  • Lot Size: 50X180
  • Price Per Acre: 500000

Rental Info

  • Tenants Pay: All Utilities, Trash Collection
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 031055 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 6, 2015
Sold by
Martin Addile and Hampshire Jane C
Bought by
Chow Martin
Seller's Agent
Terri Faulkner
Reedy & Company, REALTORS
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$70,000
Sold Price
$100,800
Premium/Discount to List
$30,800
44%
Current Estimated Value
$272,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,484
Avg. Annual Appreciation
10.15%
Source: Public Records

Range of Values:

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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
Chow Martin $100,800 Regency Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Martin H $100,000
Closed Chow Martin $100,000
Closed Chow Martin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $100,800 +44.0% $44 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $70,000 -- $30 / 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 $2,431 $105,960 $21,960 $84,000
2024 $2,431 $71,720 $18,520 $53,200
2023 $4,369 $71,720 $18,520 $53,200
2022 $4,369 $71,720 $18,520 $53,200
2021 $4,420 $71,720 $18,520 $53,200
2020 $4,130 $57,000 $16,680 $40,320
2019 $4,455 $61,480 $16,680 $44,800
2018 $4,455 $61,480 $16,680 $44,800
2017 $2,527 $61,480 $16,680 $44,800
2016 $2,491 $57,000 $0 $0
2014 $2,491 $57,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Terri Faulkner

    Reedy & Company, REALTORS

  • A

    Buyer's Agent in 2015

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    25 Total Sales

    Alison Restivo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9958127

Memphis Area Association of REALTORS®

APN: 03-1055-0-0031

Tennessee Shelby County Memphis 38114 Cooper-Young

1840 Young Ave, Memphis, TN

This home is located at 1840 Young Ave, Memphis, TN 38114 since 03 August 2015 and is currently estimated at $272,284, approximately $117 per square foot. This property was built in 1912. 1840 Young Ave is a home located in Shelby County with nearby schools including Peabody Elementary School, Central High School, and Hanley School - Elementary.

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