NOT LISTED FOR SALE

Estimated Value: $292,000 - $360,000

4 Beds
2 Baths
2,323 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $225,000 $97 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,812 / mo

16 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Brick Veneer
  • Separate Formal Living Room
  • Double Pane Windows
  • 4-minute walk to Peabody Park & Raymond Skinner Center

About This Home

As of July 2018

Long term tenants. Great location. Parking in the rear. Great investment. Thermal pane windows and storm doors. Wrought iron doors. Once in a lifetime opportunity for investors. Low exterior maintenance.

Last Agent to Sell the Property

Jim Norman

Keller Williams License #202970 Listed on: 06/06/2018

Keller Williams

Last Buyer's Agent

Jim Norman

Keller Williams License #202970 Listed on: 06/06/2018

Keller Williams

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x159
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,323 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Partially Carpeted
  • Free-Standing Range
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Higbee Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 016057 00055

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 2052
  • MAAR Subdivision Name: HIGBEE HEIGHTS
  • Freestanding: Yes
  • List Price Per Sq Ft: 99
  • Number Of Stories: 2
  • Estimated Sq Ft: 2323
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Carpet
  • Appliances Equipment: Range/Oven (Freestanding)

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling, Electric Cooling
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 168
  • Acreage: 0.18
  • Lot Size: 50X159

Rental Info

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

Tax Info

  • Assessor Parcel Number: 016057 00055

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 13, 2018
Sold by
Norman Wendell N
Bought by
Seller's Agent
Jim Norman
Keller Williams
Buyer's Agent
Jim Norman
Keller Williams
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$298,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,511
Avg. Annual Appreciation
4.41%
Original Mortgage
$196,377
Outstanding Balance
$165,885
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$153,301

Purchase Details

Closed on
Feb 13, 2014
Sold by
Norman Tina M
Bought by
Norman Wendell N

Purchase Details

Closed on
Feb 12, 1998
Sold by
Neal Michael B and Neal Kay M
Bought by
Norman Wendell N
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cooper-Young, TN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 None Available
Norman Wendell N -- None Available
Norman Wendell N $113,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,377
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $225,000 -1.7% $97 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $229,000 -- $99 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,985 $73,775 $22,125 $51,650
2024 $1,765 $52,050 $14,850 $37,200
2023 $3,171 $52,050 $14,850 $37,200
2022 $3,171 $52,050 $14,850 $37,200
2021 $3,208 $52,050 $14,850 $37,200
2020 $4,962 $68,480 $23,760 $44,720
2019 $2,189 $68,480 $23,760 $44,720
2018 $2,189 $68,480 $23,760 $44,720
2017 $2,240 $68,480 $23,760 $44,720
2016 $2,683 $61,400 $0 $0
2014 $1,677 $38,375 $0 $0
Source: Public Records

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10029292

Memphis Area Association of REALTORS®

APN: 01-6057-0-0055

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