NOT LISTED FOR SALE

1856 York Ave Memphis, TN 38104

Cooper-Young Neighborhood

Estimated Value: $231,794 - $304,000

2 Beds
1 Bath
1,434 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $250,000 $174 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,605/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • 1-Story Property
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of May 2021

Great chance to own a duplex in the heart of Midtown. Very desirable and trending neighborhood with lots of new development and rising property values. Could be an opportunity for an investor or for someone looking to live in one side and rent out the other. Property has one detached garage, two separate entrances. Property is currently being used as airbnb and brings in on average $1,800 per month.

Last Agent to Sell the Property

Jack Inman

Long Term Invest Mngt License #342513 Listed on: 03/03/2021

Last Buyer's Agent

Darin Harper

Groome & Co. License #357183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46x120
  • Chain Link Fence

Home Design

  • Duplex
  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Parkland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030015 00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Contemporary
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • List Price Per Sq Ft: 174
  • Number Of Stories: 1
  • Estimated Sq Ft: 1434
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Number Of Fireplaces: 1
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Exterior Windows: Stucco

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking: Driveway/Pad, Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: E PT 68
  • Acreage: 0.12
  • Lot Size: 46X120

Tax Info

  • Assessor Parcel Number: 030015 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 12, 2021
Sold by
Long Jackson
Bought by
Harris Calvin
Seller's Agent
Jack Inman
Long Term Invest Mngt
Buyer's Agent
Darin Harper
Groome & Co.
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$264,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,199
Avg. Annual Appreciation
1.24%
Original Mortgage
$259,000
Outstanding Balance
$234,719
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$29,480

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 18, 2020
Sold by
Lim Manuel Q and Lim Mina M
Bought by
Long Jackson
Seller's Agent
Roland Bullock
Coldwell Banker Collins-Maury
Buyer's Agent
Jack Inman
Long Term Invest Mngt
List Price
$230,000
Sold Price
$190,000
Premium/Discount to List
-$40,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.23%
Original Mortgage
$270,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Harris Calvin $250,000 Coventry Escrow & Ttl Co Llc
Long Jackson $190,000 Coventry Escrow & Ttl Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Calvin $259,000
Previous Owner Long Jackson $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2021 05/06/21 Sold $250,000 0.0% $174 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $250,000 0.0% $174 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $250,000 +31.6% $174 / Sq Ft
02/17/2020 02/17/20 Sold $190,000 -9.5% $136 / Sq Ft View Prior Sale
01/24/2020 01/24/20 Pending -- -- --
11/05/2019 11/05/19 Price Changed $210,000 -8.7% $150 / Sq Ft
10/16/2019 10/16/19 For Sale $230,000 -- $164 / 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 $2,589 $92,440 $31,800 $60,640
2024 $2,589 $76,360 $16,480 $59,880
2023 $4,652 $76,360 $16,480 $59,880
2022 $4,652 $76,360 $16,480 $59,880
2021 $2,941 $47,725 $10,300 $37,425
2020 $2,944 $40,625 $10,300 $30,325
2019 $1,298 $40,625 $10,300 $30,325
2018 $1,298 $40,625 $10,300 $30,325
2017 $1,329 $40,625 $10,300 $30,325
2016 $1,417 $32,425 $0 $0
2014 $1,417 $32,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jack Inman

    Long Term Invest Mngt

    Section Image

  • D

    Buyer's Agent in 2021

    Darin Harper

    Groome & Co.

    Section Image

  • R

    Seller's Agent in 2020

    Roland Bullock

    Coldwell Banker Collins-Maury

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094294

Memphis Area Association of REALTORS®

APN: 03-0015-0-0022

Tennessee Shelby County Memphis 38104 Cooper-Young

1856 York Ave, Memphis, TN

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