$40,000
SOLD JUN 27, 2025
1 Bed
1 Bath
1,050 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

14% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property

About This Home

As of June 2025

Instant income producing property at $1200 per month. 1 bedroom 1 bath each side renting at $600.00 Selling AS-IS priced below market for a quick sale and to accommodate needed repairs. Lease ends May 2026

Last Agent to Sell the Property

Cassandra Bell-Warren

4 Success Realty, LLC License #289692 Listed on: 06/09/2025

Last Buyer's Agent

Victoria Brown

4 Success Realty, LLC License #305985

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $377

Year Built

  • Built in 1952

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Monarch Home Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042037 00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$377

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 742D
  • MAAR Subdivision Name: MONARCH HOMES
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 38.1
  • Estimated Sq Ft: 1050
  • Year Built: 1952
  • List Price/ Sq Ft: 33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 137&138
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 269231
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 042037 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Jun 26, 2025
Sold by
Walter and Walter Trina Muhammad
Bought by
Jdhomes 1794 Llc
Seller's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
Buyer's Agent
Victoria Brown
4 Success Realty, LLC
List Price
$35,000
Sold Price
$40,000
Premium/Discount to List
$5,000
14.29%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.03%

Purchase Details

Closed on
Aug 25, 2014
Sold by
Muhammad Walter E and Muhammad Trina L
Bought by
Walter And Trina Muhammad 2014 Revocable

Purchase Details

Closed on
Jul 29, 2014
Sold by
Yarbrough Thomas E and Yarbrough Margaret E
Bought by
Muhammad Walter E and Muhammad Trina L
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 Type Sale Price Title Company
Warranty Deed $40,000 Excel Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $40,000 +14.3% $38 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $35,000 -- $33 / 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 $377 $16,560 $2,200 $14,360
2024 $377 $11,120 $1,400 $9,720
2023 $677 $11,120 $1,400 $9,720
2022 $677 $11,120 $1,400 $9,720
2021 $685 $11,120 $1,400 $9,720
2020 $696 $9,600 $1,400 $8,200
2019 $696 $9,600 $1,400 $8,200
2018 $696 $9,600 $1,400 $8,200
2017 $395 $9,600 $1,400 $8,200
2016 $327 $7,480 $0 $0
2014 $327 $7,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10198685

Memphis Area Association of REALTORS®

APN: 04-2037-0-0041