$1,190,000
SOLD JUL 8, 2022
9 Beds
-- Bath
6,698 Sq Ft
0.45 Acres

Recently Sold

$178 Per Sq Ft

21% Below List Price

73 Days on Market

Highlights

  • 0.45 Acre Lot
  • Efficiency Studio
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Balcony
  • 4-minute walk to Williamson Park

About This Home

As of July 2022

Beautiful, historic home split into 6 condos, currently 100% rented! Rents are $1,700; $1,700; $1,500; $1,500; $900; $800. AC unit only 1-2 years old, roof only 3 years old & hot water heater only 1 year old! Includes extra lot on side: large Fenced Green Space! Includes Gated Paved Parking Lot w/ Electronic Entry, Outdoor Patio/grill Area & Separate Gated Area for Trash. Limestone ext., 3 bay façades w/ central pavilion & sun porches on both levels. Beautiful Beaux Arts stylistic features!

Last Agent to Sell the Property

Donnie Morrow

eXp Realty, LLC License #327348 Listed on: 03/07/2022

eXp Realty, LLC

Co-Listed By

Haley Griffith

Epique Realty License #363046

Last Buyer's Agent

Adam Watson

Keller Williams License #307518

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1920

Parking

  • Paved Parking

Home Design

  • Converted Dwelling
  • Shingle Roof
  • Stone

Interior Spaces

  • 6,698 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Efficiency Studio

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Additional Features

  • Balcony
  • 0.45 Acre Lot
  • Central Heating and Cooling System

Community Details

  • Stonewall Place Condos Subdivision
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 020044 A00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Converted House
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 194
  • Number Of Stories: 1
  • Price Per Sq Ft: 2644444.44
  • Estimated Sq Ft: 6698
  • Year Built: 1920
  • Construction: Stone
  • List Price Per Unit: 216666.67
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, 9 Ft or More

Exterior Features

  • Foundation: Conventional/Crawl Space, Full Basement, Walk-Out Basement
  • Roof: Shingle/Shake
  • Miscellaneous Exterior: Professional Landscaping

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Public Water, Public Sewer
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit

Association/Amenities

  • Amenities: Balcony/Patio, Extra Storage

Lot Info

  • Acreage: 0.45
  • Lot Size: 10,411 SQFT
  • Price Per Acre: 2888889

Rental Info

  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020044 A00001

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 6
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 4
  • Number Efficiency Studio Units: 1
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath, 2 BR - 1+ Baths, Some Fireplaces

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Jul 8, 2022
Sold by
Caravello and Brooke
Bought by
Belle Properties Group Llc
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Adam Watson
Keller Williams
List Price
$1,500,000
Sold Price
$1,190,000
Premium/Discount to List
-$310,000
-20.67%
Current Estimated Value
$437,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$752,972
Avg. Annual Appreciation
-40.50%

Purchase Details

Closed on
Nov 19, 2018
Sold by
Bright Future Tn Llc
Bought by
Grawemeyer Cynthia and Grawemeyer Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2016
Sold by
Turns Patrick H and Bius William Thomas
Bought by
Bright Future Llc
Source: Public Records

Similar Homes in Memphis, TN

  • 4903 Greenway Ave, Memphis, TN 38117

    $1,229,000

    • 4 Beds
    • 4.5 Baths
    • 4,200+ Sq Ft
    • 4903 Greenway Ave
    • Memphis, TN

    Poised on a prominent corner lot, this over 4,300 SF painted brick residence blends timeless architecture with elevated, design-forward living. Wide-plank engineered hardwood floors, curated lighting and plumbing packages, and thoughtful details throughout create a refined, cohesive aesthetic. At the heart of the home, the chef’s kitchen is a true focal point—featuring quartz countertops with

    Max Rubenstein Keller Williams

    Section Image
  • 6363 Massey Manor Ln W, Memphis, TN 38120

    $1,150,000

    • 4 Beds
    • 4.5 Baths
    • 4,000+ Sq Ft
    • 6363 Massey Manor Ln W
    • Memphis, TN

    Nestled in a gated enclave in the heart of East Memphis, this newly built luxury home offers refined living just 2 minutes from Lausanne and 5 minutes to shopping, dining, and I-240. Designed with lifestyle in mind, it features an open-concept great room and a chef’s kitchen with custom cabinetry, a statement island, and walk-in pantry. A private study—perfect for a home office—adds both

    Max Rubenstein Keller Williams

    Section Image
  • 1 Belleair Dr, Memphis, TN 38104

    $1,199,000

    • 4 Beds
    • 5.5 Baths
    • 5,400+ Sq Ft
    • 1 Belleair Dr
    • Memphis, TN

    *NEW PRICE* Trophy estate with a storied Memphis history, an Entertainer's Dream. Premier location at corner entry to Belleair Woods. Over 5,500 square feet of golden age architecture meets elevated modern designer finishes. This Spanish Revival home blends warm rustic allure with elegant glamor. Dramatic focus upon Outdoor Living with 16 Glass Doors opening to an expansive Covered Porch,

    Sarah Aylward The Firm

    Section Image
  • 1860 Central Ave, Memphis, TN 38104

    $1,250,000

    • 4 Beds
    • 5 Baths
    • 6,600+ Sq Ft
    • 1860 Central Ave
    • Memphis, TN

    1860 Central is one of Memphis' finest. Built in 1883, this timeless classic is a mix of historical elegance and modern day comfort. Walk onto the front porch and into the large foyer and take in the grand staircase. Each room is spacious, trimmed with beautiful crown moulding. There are 3 rooms downstairs to be used as a formal living room, sitting room, den, or personal study. The sunroom on

    Paula Raines KAIZEN Realty, LLC

    Section Image
  • 493 Tennessee St, Memphis, TN 38103

    $1,050,000

    • 3 Beds
    • 5 Baths
    • 4,000+ Sq Ft
    • 493 Tennessee St
    • Memphis, TN

    Rare opportunity to own on the Mighty Mississippi riverfront. This home is currently set up as a duplex but with the re-opening of one door frame downstairs could easily become a single family home again. No neighbor on 1 side for additional privacy. Downstairs offers 2 bedrooms, each w/their own private bath, spacious laundry room, full kitchen, 1/2 bath, large living room w/fireplace & amazing

    Jessica Brown REMAX Experts

    Section Image
  • 511 Monteigne Blvd, Memphis, TN 38103

    $1,280,000

    • 4 Beds
    • 4.5 Baths
    • 4,200+ Sq Ft
    • 511 Monteigne Blvd
    • Memphis, TN

    Experience treetop living in South Bluff, a coveted gated community in downtown Memphis. This architectural gem features windows on all three levels, flooding the home with natural light and showcasing sweeping views of the river and historic fountain. Enjoy balconies on three sides of the home across every floor, plus a screened patio where you can hear the fountain while enjoying serene

    Tracie Gaia BHHS McLemore & Co., Realty

    Section Image
  • 505 Goodwyn St, Memphis, TN 38111

    $1,550,000

    • 4 Beds
    • 5 Baths
    • 6,200+ Sq Ft
    • 505 Goodwyn St
    • Memphis, TN

    Charming estate on 1.77 acres, adjacent to the Memphis Country Club and surrounded by many other fabulous estate properties. While this classic beauty has been tastefully updated over the years, it still has the character of days gone by. Elegant, spacious rooms make this home ideal for entertaining. The main floor offers 4BR's (2 down), 3.2 baths, formal living rm and den (both w/ fireplaces), a

    Jon Dickens The Firm

    Section Image
  • 120 Founders Ln, Memphis, TN 38103

    $1,395,000

    • 4 Beds
    • 5.5 Baths
    • 5,800+ Sq Ft
    • 120 Founders Ln
    • Memphis, TN

    Beautiful DOWNTOWN NEW OWNER LOCATION, PERFECT WITH 3RD FLOOR TERRACE FIEW- SEE COLOR BROCHURE-3 CAR GARAGE AMPLE PARKING 3 STORY BUILDING CLOSE TO FAMOUS BEALE ST & OTHER DOWNTOWN ATTRACTIONS THIS IS A MUST SEE Dynamic LOCATION In ground POOL, LARGE PATIO AREA FOR GATHERINGS, EXERCISE ROOM, LARGE THEATRE ROOM THE PERFECT LOCATION FOR ENTERTAINING. MEMPHIS DOWNTOWN REAL ESTATE IS IN HIGH

    ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

    Section Image
  • 3859 S Galloway Dr, Memphis, TN 38111

    $1,350,000

    • 4 Beds
    • 3.5 Baths
    • 6,995 Sq Ft
    • 3859 S Galloway Dr
    • Memphis, TN

    NEW PRICE! Call for details! Handsomely situated on .6 acres over-looking the #4 hole and pond of the esteemed Galloway Golf Course, with close to 6000 SF all on one level and a separate 800+ SF guest house. Huge vaulted and paneled great room custom designed and installed by Kerns and Wilcheck that leads onto gorgeous glassed-in sunroom with cooking kitchen and fireplace with views of the

    Jennifer & Joel Hobson Hobson, REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,190,000 Foundation Title & Escrow
Warranty Deed $626,000 Realty Title
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $527,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2023 07/01/23 Rented $1,850 -2.4% --
06/26/2023 06/26/23 Under Contract -- -- --
06/04/2023 06/04/23 Price Changed $1,895 +2.4% $1 / Sq Ft
05/22/2023 05/22/23 Price Changed $1,850 -7.5% $1 / Sq Ft
02/08/2023 02/08/23 For Rent $2,000 0.0% --
07/08/2022 07/08/22 Sold $1,190,000 -8.5% $178 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
03/17/2022 03/17/22 Price Changed $1,300,000 -13.3% $194 / Sq Ft
03/07/2022 03/07/22 For Sale $1,500,000 -- $224 / 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 $1,953 $68,800 $9,200 $59,600
2024 $1,953 $57,600 $9,200 $48,400
2023 $3,509 $57,600 $9,200 $48,400
2022 $3,509 $57,600 $9,200 $48,400
2021 $1,987 $57,600 $9,200 $48,400
2020 $3,782 $52,200 $9,200 $43,000
2019 $1,668 $52,200 $9,200 $43,000
2018 $1,668 $52,200 $9,200 $43,000
2017 $1,708 $52,200 $9,200 $43,000
2016 $2,180 $49,880 $0 $0
2014 $2,180 $49,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118982

Memphis Area Association of REALTORS®

APN: 02-0044-A0-0001