NOT LISTED FOR SALE

Estimated Value: $90,000 - $108,000

2 Beds
1 Bath
1,395 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $87,000 $62 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $557/month

64 Days on Market

Highlights

  • Updated Kitchen
  • Den
  • Double Pane Windows
  • Traditional Architecture
  • Porch
  • Brick Veneer

About This Home

As of September 2023

Brick Duplex and both sides were renovated about 3-4 years ago. New sewer line with double cleanouts, some new windows and doors, new lights, new gas heaters, roof in good condition, blinds in windows, new bath vanities and toilets. This duplex has good cash flow at $500 per unit and is 100% occupied. Long term tenants on a month-to-month lease. This duplex could easily rent for $650 per side ($1,300 total). Owner hasn’t raised rents because of long term tenants. "As Is" cash, no contingencies

Last Agent to Sell the Property

Heath Gooch

STIXNBRIX License #273330 Listed on: 07/06/2023

Last Buyer's Agent

Sandra Villamil

Keller Williams Realty License #360166

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Chain Link Fence
  • Level Lot

Home Design

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

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Den
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • W G Curry Subdivision
  • Insurance Expense $1,100

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 042033 00028

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Springdale
  • Second Address Number: 2260
  • MAAR Subdivision Name: W G CURRY
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1395
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Appliances Equipment: Range/Oven (Freestanding), Smoke Detector(s)
  • Estimated Entire Duplex Sq Ft: 1200-1399
  • Miscellaneous Interior: All Window Treatments, Attic Access, Cable Wired, Cable Available

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, Street Parking Only

Utilities

  • Cooling: 2+ Window Units per Unit, 220 Wiring
  • Heating: Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 16
  • Acreage: 0.1
  • Lot Size: 40X110

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 042033 00028

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 8, 2023
Sold by
Flores Irma G and Davy Dwayne M
Bought by
S And D Real Estate
Seller's Agent
Heath Gooch
STIXNBRIX
Buyer's Agent
Sandra Villamil
Keller Williams Realty
List Price
$115,000
Sold Price
$87,000
Premium/Discount to List
-$28,000
-24.35%
Views
107
Current Estimated Value
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jun 14, 2019
Sold by
Sbab Llc
Bought by
Flores Irma and Davy Dwayne M

Purchase Details

Closed on
Oct 27, 2017
Sold by
Mayo Craig
Bought by
Sbab Llc

Purchase Details

Closed on
May 22, 2017
Sold by
Memphis Investements Houses Llc
Bought by
Mayo Craig

Purchase Details

Closed on
May 18, 2017
Sold by
White David and White Denise
Bought by
Memphis Investments Houses Llc

Purchase Details

Closed on
Mar 24, 2008
Sold by
Kirk Inez Reola
Bought by
White David
Source: Public Records

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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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
S And D Real Estate $87,000 Southern Trust Title
Flores Irma $63,000 Realty Title & Escrow Co
Sbab Llc $50,000 None Available
Mayo Craig $30,000 Saddle Creek Title Llc
Memphis Investments Houses Llc $18,250 Saddle Creek Title Llc
White David $33,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $87,000 -8.4% $62 / Sq Ft
08/14/2023 08/14/23 Price Changed $95,000 -17.4% $68 / Sq Ft
07/06/2023 07/06/23 For Sale $115,000 -- $82 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $560 $34,360 $2,200 $32,160
2024 -- $16,520 $1,400 $15,120
2023 $792 $13,000 $1,400 $11,600
2022 $792 $13,000 $1,400 $11,600
2021 $801 $13,000 $1,400 $11,600
2020 $846 $11,680 $1,400 $10,280
2019 $373 $11,680 $1,400 $10,280
2018 $373 $11,680 $1,400 $10,280
2017 $382 $11,680 $1,400 $10,280
2016 $458 $10,480 $0 $0
2014 $458 $10,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151584

Memphis Area Association of REALTORS®

APN: 04-2033-0-0028

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