$110,000
SOLD SEP 15, 2014
1 Bed
1 Bath
1,585 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

15% Below List Price

38 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • 4-minute walk to Peabody Park & Raymond Skinner Center
  • Wood Flooring
  • 1-Story Property

About This Home

As of August 2021

Midtown Duplex on quiet street. This can make a great investment for passive income. Both units rented and have no trouble finding tenants when leases are not renewed. Consistent management has been in place for 6 years and is happy to remain following a sale. Management company/agent has all financials and leases. Will need 24 hours notice for showings as both sides are occupied

Last Agent to Sell the Property

Brandon Kamm

Revid Investments, LLC License #297627 Listed on: 07/18/2014

Last Buyer's Agent

Brandon Kamm

Revid Investments, LLC License #297627 Listed on: 07/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,585 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Higbee Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 030029 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Cooper
  • Second Address Number: 2079
  • MLS Map #: 746H
  • MAAR Subdivision Name: HIGBEE HEIGHTS
  • Freestanding: Yes
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.4
  • Estimated Sq Ft: 1585
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking: Driveway/Pad

Utilities

  • Cooling: 2+ Window Units per Unit
  • Heating: Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 142
  • Acreage: 0.2
  • Lot Size: 50X180
  • Price Per Acre: 645000

Rental Info

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

Tax Info

  • Assessor Parcel Number: 030029 00003

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Harris Lisa J
Bought by
Lisa J Harris Living Trust and Harris
Current Estimated Value
$264,997

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 30, 2021
Sold by
Murray Superannuation Fund Llc
Bought by
Harris Lisa J
Seller's Agent
dave scott
BHHS Taliesyn Realty
Buyer's Agent
Lisa Harris
Crye-Leike, Inc., REALTORS
List Price
$269,000
Sold Price
$273,000
Premium/Discount to List
$4,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$180,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2014
Closed on
Sep 5, 2014
Sold by
Veeser William R and Veeser Margaret I
Bought by
The Murray Superannuation Fund Llc
Seller's Agent
Brandon Kamm
Revid Investments, LLC
Buyer's Agent
Brandon Kamm
Revid Investments, LLC
List Price
$129,000
Sold Price
$110,000
Premium/Discount to List
-$19,000
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Veeser William R and Veeser Margaret I
Bought by
Veeser William R

Purchase Details

Closed on
Nov 19, 1997
Sold by
Washington Alma Dee
Bought by
Vesser William R and Vesser Margaret I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.27%

Purchase Details

Closed on
Nov 11, 1997
Sold by
Washington Mary Joe
Bought by
Washington Alma Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.27%
Source: Public Records

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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 -- None Listed On Document
Warranty Deed $275,000 Tri State Title
Warranty Deed $110,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $84,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 New Conventional
Previous Owner $86,100 Unknown
Previous Owner $67,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $273,000 +1.5% $172 / Sq Ft
07/26/2021 07/26/21 For Sale $269,000 +144.5% $170 / Sq Ft
09/15/2014 09/15/14 Sold $110,000 -14.7% $69 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $129,000 -- $81 / 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 $2,300 $98,720 $35,840 $62,880
2024 $2,300 $67,840 $26,520 $41,320
2023 $4,133 $67,840 $26,520 $41,320
2022 $4,133 $67,840 $26,520 $41,320
2021 $1,841 $67,840 $26,520 $41,320
2020 $4,095 $56,520 $26,520 $30,000
2019 $1,806 $56,520 $26,520 $30,000
2018 $1,806 $56,520 $26,520 $30,000
2017 $1,849 $56,520 $26,520 $30,000
2016 $2,265 $51,840 $0 $0
2014 $2,265 $51,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9931883

Memphis Area Association of REALTORS®

APN: 03-0029-0-0003