NOT LISTED FOR SALE

Estimated Value: $98,000 - $159,000

1 Bed
1 Bath
1,000 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $72,000 $72 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $667/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Eat-In Kitchen
  • Level Lot

About This Home

As of January 2022

Duplex has 1 bedroom/1 bath for each side. Great investment. Would be a great addition to investor portfolio! Currently rents for a total of $900 a month.

Last Agent to Sell the Property

Donnie Morrow

eXp Realty, LLC License #327348 Listed on: 10/08/2021

eXp Realty, LLC

Co-Listed By

Dean Van Frank

eXp Realty, LLC License #348744

Last Buyer's Agent

Alicia Taylor

The Home Partners Realty License #361120

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $232

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Eat-In Kitchen

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Magnolia Blossom Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047013 00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$232

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: MAGNOLIA BLOSSOM BLK E
  • Freestanding: Yes
  • List Price Per Sq Ft: 85
  • Number Of Stories: 1
  • Estimated Sq Ft: 1000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Textured Ceiling

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 24 & 25
  • Acreage: 0.11
  • Lot Size: 5000

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 047013 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 28, 2022
Sold by
Mlh Investments Llc
Bought by
Three Thirty Re Llc
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Alicia Taylor
The Home Partners Realty
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%
Current Estimated Value
$123,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,667
Avg. Annual Appreciation
15.52%
Original Mortgage
$115,200
Outstanding Balance
$34,292
Interest Rate
2.8%
Estimated Equity
$89,376

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 29, 2019
Sold by
Heritage Bay Development Llc
Bought by
Mlh Investments Llc
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Donnie Morrow
eXp Realty, LLC
List Price
$40,000
Sold Price
$35,500
Premium/Discount to List
-$4,500
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.32%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Louis & William Epstein Lp
Bought by
Dobay Kristin J and Dobay Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.43%
Mortgage Type
Unknown
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
Three Thirty Re Llc $144,000 Fayette County Title
Mlh Investments Llc $71,000 Fayette County Title Company
Dobay Kristin J $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Three Thirty Re Llc $115,200
Previous Owner Dobay Kristin J $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $72,000 -15.3% $72 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $85,000 +139.4% $85 / Sq Ft
05/29/2019 05/29/19 Sold $35,500 -11.3% $36 / Sq Ft View Prior Sale
04/15/2019 04/15/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $40,000 -- $40 / 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 $232 $13,600 $2,400 $11,200
2024 $232 $6,840 $1,000 $5,840
2023 $417 $6,840 $1,000 $5,840
2022 $417 $6,840 $1,000 $5,840
2021 $422 $6,840 $1,000 $5,840
2020 $568 $7,840 $1,000 $6,840
2019 $251 $7,840 $1,000 $6,840
2018 $251 $7,840 $1,000 $6,840
2017 $256 $7,840 $1,000 $6,840
2016 $531 $12,160 $0 $0
2014 $531 $12,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110325

Memphis Area Association of REALTORS®

APN: 04-7013-0-0015