NOT LISTED FOR SALE

Estimated Value: $51,000 - $116,000

2 Beds
2 Baths
1,230 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $35,414 $29 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $477/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1-Story Property
  • Wood Flooring
  • Eat-In Kitchen
  • 4-minute walk to Alcy-Warren Park

About This Home

As of November 2020

1bed/1bath unit each duplex. Do not disturb the tenant. Subject to tenants rights. DO NOT DISTURB TENANTS.Part of a 9 property & 2 lots package. Call agent about price for package deal..

Last Agent to Sell the Property

Staffardnette Young

REMAX Experts License #257783 Listed on: 11/26/2019

REMAX Experts

Last Buyer's Agent

Malik Riles

REMAX Experts License #353781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $251

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Mounted To A Wall or Window
  • 220 Volts
  • Gas Water Heater

Community Details

  • Mercers Warren St First Addition Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, heating, gas, electric, water/sewer
  • Assessor Parcel Number 060039 00098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$251

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 748F
  • MAAR Subdivision Name: MERCERS WARREN ST 1ST ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.79
  • Estimated Sq Ft: 1230
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.15
  • Lot Size: 8640
  • Price Per Acre: 246667

Rental Info

  • Tenants Pay: All Utilities, Heating, Gas, Electric, Water/Sewer

Tax Info

  • Assessor Parcel Number: 060039 00098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Oct 30, 2020
Sold by
Mitchell Brittany
Bought by
Altamirano Jorge and Calvillo Erika
Seller's Agent
Staffardnette Young
REMAX Experts
Buyer's Agent
Malik Riles
REMAX Experts
List Price
$57,225
Sold Price
$35,414
Premium/Discount to List
-$21,811
-38.11%
Current Estimated Value
$86,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,597
Avg. Annual Appreciation
19.68%
Original Mortgage
$281,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2009
Sold by
Garrett Land Development Company Llc
Bought by
Diamond Equity Group Llc

Purchase Details

Closed on
Nov 5, 2008
Sold by
Epstein Barbara
Bought by
Garrett Land Development Company Llc
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
Altamirano Jorge $335,000 Regency Title
Altamirano Jorge $335,000 Regency Title & Escrow Llc
Diamond Equity Group Llc -- None Available
Garrett Land Development Company Llc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Altamirano Jorge $281,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $35,414 -4.3% $29 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $37,000 -35.3% $30 / Sq Ft
11/26/2019 11/26/19 For Sale $57,225 -- $47 / 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 $251 $20,520 $3,000 $17,520
2024 $251 $7,400 $1,600 $5,800
2023 $451 $7,400 $1,600 $5,800
2022 $451 $7,400 $1,600 $5,800
2021 $456 $7,400 $1,600 $5,800
2020 $446 $13,960 $1,600 $12,360
2019 $446 $13,960 $1,600 $12,360
2018 $446 $13,960 $1,600 $12,360
2017 $457 $13,960 $1,600 $12,360
2016 $647 $14,800 $0 $0
2014 $776 $17,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066883

Memphis Area Association of REALTORS®

APN: 06-0039-0-0098