NOT LISTED FOR SALE

Estimated Value: $60,000 - $98,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$70/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $75,000 $63 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $461/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating
  • Separate Formal Living Room
  • Porch
  • Dining Room

About This Home

As of April 2024

Seize this electrifying opportunity in an up-and-coming neighborhood! A turn-key 3BR/2BA home at a great price, fully updated throughout, already generating $1,000/mo for instant cash flow. Ideal for investors desiring immediate returns in a booming Menphis market! * Don't Disturb Tenants*

Last Agent to Sell the Property

Jeffery Sample

eXp Realty, LLC License #357739 Listed on: 03/03/2024

eXp Realty, LLC

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $200

Year Built

  • Built in 1955

Lot Details

  • 4,792

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,000 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Additional Features

  • Porch
  • Level Lot
  • Ground Level

Community Details

  • Hyde Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041052 00086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$200

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 7421
  • MAAR Subdivision Name: HYDE PARK BLK A
  • Number Of Stories: 1
  • Price Per Sq Ft: 75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Year Built: 1955
  • List Price/ Sq Ft: 81
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Size: 0.11

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 041052 00086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Apr 4, 2024
Sold by
Carachure Edras
Bought by
Sikes Casey
Seller's Agent
Jeffery Sample
eXp Realty, LLC
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$81,000
Sold Price
$75,000
Premium/Discount to List
-$6,000
-7.41%
Views
62
Current Estimated Value
$81,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,174
Avg. Annual Appreciation
6.74%
Original Mortgage
$60,000
Outstanding Balance
$59,330
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$22,410

Purchase Details

Closed on
Dec 23, 2020
Sold by
Mas Enterprises Llc
Bought by
Carachure Edras

Purchase Details

Closed on
Jul 29, 2015
Sold by
Duvarney Edward R
Bought by
Mas Enterprises Llc

Purchase Details

Closed on
Oct 14, 1999
Sold by
Southland National Insurance Corp
Bought by
Hud

Purchase Details

Closed on
Sep 23, 1999
Sold by
Dennis Chapman and Chapman Jacqueline Chapman
Bought by
Southland National Insurance Corp
Source: Public Records

Range of Values:

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Average Value
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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
Sikes Casey $75,000 None Listed On Document
Carachure Edras $17,000 None Available
Mas Enterprises Llc $129,814 Baymark Title & Escrow
Hud $42,261 --
Southland National Insurance Corp $42,261 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikes Casey $60,000
Previous Owner Duvarney Edward R $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $75,000 -7.4% $75 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
03/03/2024 03/03/24 For Sale $81,000 -- $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 $200 $18,925 $1,250 $17,675
2024 $200 $5,900 $950 $4,950
2023 $359 $5,900 $950 $4,950
2022 $359 $5,900 $950 $4,950
2021 $204 $5,900 $950 $4,950
2020 $353 $4,875 $950 $3,925
2019 $156 $4,875 $950 $3,925
2018 $156 $4,875 $950 $3,925
2017 $159 $4,875 $950 $3,925
2016 $193 $4,425 $0 $0
2014 $193 $4,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167071

Memphis Area Association of REALTORS®

APN: 04-1052-0-0086