NOT LISTED FOR SALE

1852 Tutwiler Ave Memphis, TN 38107

Vollintine Evergreen Neighborhood

Estimated Value: $298,000 - $524,000

4 Beds
2 Baths
3,536 Sq Ft
$117/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $302,000 $85 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,491/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of December 2019

Do not miss this one! The main unit is newly renovated with new interior and exterior paint, newly refinished hardwoods, new roof, and more!! Live in a newly renovated duplex while reaping the benefits of cashflow coming from the back unit!! Back unit currently leased for $575 on month to month, but tenant would probably sign a long term lease!

Last Agent to Sell the Property

Jamie Green

River City Land Co., LLC License #323877 Listed on: 11/06/2019

Last Buyer's Agent

Lauren McConnaughhay

Vylla Home License #351049

Vylla Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,747

Year Built

  • Built in 1922

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 3,536 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Dining Area
  • Wood Flooring

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • University View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036066 00028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,747

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 744D
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 85.41
  • Estimated Sq Ft: 3536
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.19
  • Lot Size: 57.465/60X150/147.465
  • Price Per Acre: 1841579

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 036066 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 18, 2019
Sold by
Investors Nation Llc
Bought by
Zeng Bao Rong and Zeng Zhen Yuan
Seller's Agent
Jamie Green
River City Land Co., LLC
Buyer's Agent
Lauren McConnaughhay
Vylla Home
List Price
$349,900
Sold Price
$302,000
Premium/Discount to List
-$47,900
-13.69%
Current Estimated Value
$412,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,365
Avg. Annual Appreciation
5.48%
Original Mortgage
$226,500
Outstanding Balance
$154,104
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$258,261

Purchase Details

Closed on
Jul 19, 2018
Sold by
Investor Nation Residential Capital Llc
Bought by
Investor Nation Llc

Purchase Details

Closed on
Jul 17, 2018
Sold by
Johnson Properties Of Memphis Llc
Bought by
Investor National Residential Capital Ll

Purchase Details

Closed on
May 29, 2015
Sold by
Mitchell Nathan
Bought by
Johnson Properties Of Memphis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2009
Sold by
Pearson Carmen E
Bought by
Tennessee Investment Properties
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
Zeng Bao Rong $302,000 Saddle Creek Title
Investor Nation Llc -- None Available
Investor National Residential Capital Ll $367,817 None Available
Johnson Properties Of Memphis Llc $645,000 None Available
Tennessee Investment Properties $45,501 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Bao Rong $226,500
Previous Owner Johnson Properties Of Memphis Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $302,000 -13.7% $85 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $349,900 -- $99 / 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 $3,747 $190,280 $20,200 $170,080
2024 -- $110,520 $20,200 $90,320
2023 $6,732 $110,520 $20,200 $90,320
2022 $6,732 $110,520 $20,200 $90,320
2021 $6,811 $110,520 $20,200 $90,320
2020 $6,339 $87,480 $20,200 $67,280
2019 $2,796 $87,480 $20,200 $67,280
2018 $2,796 $87,480 $20,200 $67,280
2017 $2,862 $87,480 $20,200 $67,280
2016 $3,250 $74,360 $0 $0
2014 $3,250 $74,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Green

    Seller's Agent in 2019

    Jamie Green

    River City Land Co., LLC

    (901) 493-0968

    1 in this area

    108 Total Sales

    Jamie Green
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10065551

Memphis Area Association of REALTORS®

APN: 03-6066-0-0028

Tennessee Shelby County Memphis 38107 Vollintine Evergreen

1852 Tutwiler Ave, Memphis, TN

This home is located at 1852 Tutwiler Ave, Memphis, TN 38107 since 06 November 2019 and is currently estimated at $412,365, approximately $116 per square foot. This property was built in 1922. 1852 Tutwiler Ave is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Central High School, and Crosstown High School.

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