NOT LISTED FOR SALE

Estimated Value: $207,000 - $237,000

1 Bed
1 Bath
1,639 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $103,000 $63 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,275/month

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Some Wood Windows
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of December 2013

Great duplex in a excellent midtown location. Solid tenants with good payment habits!! Front porches, deck on the back, off street parking, nice condition!! TENANT RIGHTS, MUST HAVE 24 HOURS NOTICE!!

Last Agent to Sell the Property

David Da Ponte

Sowell, Realtors License #278752 Listed on: 11/19/2013

Last Buyer's Agent

Maggie Armstrong

Keller Williams License #286234

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1917

Lot Details

  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,639 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Wood Flooring

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • W Lenox Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 016061 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,171

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: REMBERT
  • Second Address Number: 2036
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX (WEST)
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 62.84
  • Estimated Sq Ft: 1639
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Misc Exterior: Porch, Deck, Historic District
  • Exterior Windows: Aluminum/Steel Siding, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: E PT 84
  • Lot Size: 39.4/38.4 X 115.66/115.5

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 016061 00009

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Dec 19, 2013
Sold by
Everett Gregory S
Bought by
Shepherd April Lynn
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Maggie Armstrong
Keller Williams
List Price
$103,000
Sold Price
$103,000
Current Estimated Value
$221,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,073
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Sep 3, 2004
Sold by
Meeks Logan E
Bought by
Everett Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2001
Sold by
Mccalla Jon P and Mccalla Md Mary R
Bought by
Meeks Logan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
7.12%
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
Shepherd April Lynn $103,000 None Available
Everett Gregory S $112,500 Edco Title & Closing Service
Meeks Logan E $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shepherd April Lynn $50,000
Previous Owner Everett Gregory S $101,250
Previous Owner Meeks Logan E $84,000
Previous Owner Meeks Logan E $60,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $103,000 0.0% $63 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $103,000 -- $63 / 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 $1,171 $49,625 $16,300 $33,325
2024 $1,171 $34,550 $8,450 $26,100
2023 $2,105 $34,550 $8,450 $26,100
2022 $2,105 $34,550 $8,450 $26,100
2021 $2,129 $34,550 $8,450 $26,100
2020 $2,076 $28,650 $8,450 $20,200
2019 $2,076 $28,650 $8,450 $20,200
2018 $2,076 $28,650 $8,450 $20,200
2017 $1,178 $28,650 $8,450 $20,200
2016 $1,125 $25,750 $0 $0
2014 $1,125 $25,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3285764

Memphis Area Association of REALTORS®

APN: 01-6061-0-0009