NOT LISTED FOR SALE

Estimated Value: $75,000

2 Beds
1 Bath
871 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $19,000 $22 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $432/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of April 2022

Investor special property being sold as package deal with property 1393 McMillan, get both for 35K. Both properties are being sold as-is full rehab needed. Equitable Ownership Interest. Call Listing Agent for details.

Last Agent to Sell the Property

Derek Shaw

Progressive Realty Services License #286327 Listed on: 03/17/2022

Last Buyer's Agent

Derek Shaw

Progressive Realty Services License #286327 Listed on: 03/17/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Additional Features

  • Porch
  • Ground Level
  • Heating System Uses Gas

Community Details

  • Riverside Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050011 00010

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 747C
  • MAAR Subdivision Name: RIVERSIDE PARK
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 871
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 222 & W
  • Acreage: 0.2
  • Lot Size: 60X150
  • Price Per Acre: 87500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 050011 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Cannon Kenneth
Bought by
Howell Harriet
Current Estimated Value
$75,000

Purchase Details

Closed on
Mar 30, 2020
Sold by
County Of Shelby
Bought by
Cannon Kenneth

Purchase Details

Closed on
Dec 7, 1995
Sold by
Maize M W Tr
Bought by
Gibbs Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,009
Interest Rate
10%
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
Howell Harriet $5,000 Preferred Title & Escrow
Cannon Kenneth $4,550 None Available
Gibbs Charlotte $34,609 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Charlotte $24,009
Closed Gibbs Charlotte $9,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $19,000 +8.6% $22 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $17,500 -- $20 / 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 -- $1,250 $1,250 --
2024 $214 $875 $875 --
2023 $384 $6,300 $875 $5,425
2022 $384 $6,300 $875 $5,425
2021 $456 $6,300 $875 $5,425
2020 $0 $0 $0 $0
2019 $165 $5,175 $875 $4,300
2018 $165 $5,175 $875 $4,300
2017 $169 $5,175 $875 $4,300
2016 $236 $5,400 $0 $0
2014 $236 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119715

Memphis Area Association of REALTORS®

APN: 05-0011-0-0010