NOT LISTED FOR SALE
4 Beds
-- Bath
11,680 Sq Ft
0.39 Acres

Last Sold May 27, 2015

Last sale price $608,000 $52 Per Sq Ft

Highlights

  • 0.39 Acre Lot
  • Wood Flooring
  • Efficiency Studio

About This Home

As of May 2015

This 16 unit building is located in a prime location of Midtown Memphis. There are 12 studios and 4 one bedroom units. The scheduled monthly rents are 8435 per month.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 03/25/2015

Crye-Leike Commercial

Last Buyer's Agent

Brandon Kamm

Revid Investments, LLC License #297627

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925

Lot Details

  • 0.39 Acre Lot

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Built-Up Roof

Interior Spaces

  • 11,680 Sq Ft Home
  • 2-Story Property
  • Efficiency Studio
  • Free-Standing Range
  • Wood Flooring
  • Walk-Out Basement

Utilities

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

Community Details

  • 16 Units
  • Block & Goodman Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020063 00017

Property Details

Home Type

Apartment

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 56
  • Number Of Stories: 2
  • Price Per Sq Ft: 1558974.36
  • Estimated Sq Ft: 11680
  • Year Built: 1925
  • Construction: Brick
  • List Price Per Unit: 40562.5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Walk-Out Basement
  • Roof: Built-Up, Roll, Tile

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

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

Lot Info

  • Lot Number: PTS1-2-3
  • Acreage: 0.39
  • Lot Size: 150/IRR X 80/158.3
  • Price Per Acre: 1664103
  • Improved Sq Ft: 11680
  • Land Sq Ft: 17160

Rental Info

  • Actual Annual Rent: 90720
  • Leaseable Sq Ft: 11680
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020063 00017

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 16
  • Number1 Bedroom Units: 4
  • Number Efficiency Studio Units: 12
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2015 05/27/15 Sold $608,000 -6.3% $52 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $649,000 -- $56 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947885

Memphis Area Association of REALTORS®