NOT LISTED FOR SALE

2370 Parkway Place Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $223,000 - $284,000

2 Beds
1 Bath
2,051 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $229,000 $112 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,551/month

3 Days on Market

Highlights

  • Wood Flooring
  • Some Wood Windows
  • Storm Windows
  • 1 Fireplace
  • Porch
  • Bungalow

About This Home

As of September 2021

Duplex in the heart of Midtown - right across from Overton Park and within walking distance to the Broad Avenue Arts District. New roof 2020. Fresh painted exterior 2021. 2017 HW Tank. Electrical Panel 2020. Updated kitchens-Refrigerator Stays. Washer/Dryer Stays. Fenced back yard with storage shed. Off street parking-1 covered space. We will only be showing Unit 1. Unit 2 is occupied and will be made available at time of inspection.

Last Agent to Sell the Property

Jimmie Finch

Crye-Leike, Inc., REALTORS License #281480 Listed on: 08/19/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

David Da Ponte

Sowell, Realtors License #278752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1966

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,051 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Window Treatments
  • Partial Basement
  • Storm Windows

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • Parkway Pl Blk 1 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 033001 00076

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,365

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Single Family Conversion
  • Style: Bungalow
  • Cross Street: East Parkway
  • MLS Map #: 744I
  • MAAR Subdivision Name: PARKWAY PLACE BLK 1
  • Freestanding: Yes
  • List Price Per Sq Ft: 105
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 111.65
  • Estimated Sq Ft: 2051
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile
  • Number Of Fireplaces: 1
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Cooktop/Wall Oven, Dishwasher, Microwave
  • Estimated Entire Duplex Sq Ft: 2000-2199
  • Miscellaneous Interior: All Window Treatments

Exterior Features

  • Misc Exterior: Porch, Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking: Driveway/Pad

Utilities

  • Cooling: 2+ Window Units per Unit
  • Heating: Gas, Wall Heat
  • Hot Water: House System

Lot Info

  • Lot Description: Level, Some Trees, Wood Fenced
  • Lot Number: 7
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 1653846

Rental Info

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

Tax Info

  • Assessor Parcel Number: 033001 00076

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 21, 2021
Sold by
Slothouber Frans Nicolaas and Slothouber Maria Helena
Bought by
Coughlin Steven M
Seller's Agent
Jimmie Finch
Crye-Leike, Inc., REALTORS
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$215,000
Sold Price
$229,000
Premium/Discount to List
$14,000
6.51%
Current Estimated Value
$245,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,171
Avg. Annual Appreciation
0.95%
Original Mortgage
$171,750
Outstanding Balance
$157,636
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$79,903

Purchase Details

Closed on
Oct 13, 2018
Sold by
Bermel Slothouber Maria
Bought by
Slothouber Frans Nicolass and Slothouber Maria Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2007
Sold by
Bermel Barbara and Bermel Herman H
Bought by
Bermel Slothouber Maria

Purchase Details

Closed on
Jun 4, 2003
Sold by
Price Barbara and Bermel Barbara
Bought by
Bermel Herman H and Bermel Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Coughlin Steven M $229,000 Realty Title & Escrow
Slothouber Frans Nicolass -- Chicago Title
Bermel Slothouber Maria $75,000 None Available
Bermel Herman H -- Transcontinental Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughlin Steven M $171,750
Previous Owner Slothouber Frans Nicolass $93,750
Previous Owner Bermel Herman H $50,000
Previous Owner Bermel Herman H $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $229,000 +6.5% $112 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $215,000 -- $105 / 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 $2,365 $112,080 $12,720 $99,360
2024 $2,365 $69,760 $8,000 $61,760
2023 $4,250 $69,760 $8,000 $61,760
2022 $4,250 $69,760 $8,000 $61,760
2021 $1,183 $43,600 $5,000 $38,600
2020 $2,119 $29,250 $5,000 $24,250
2019 $935 $29,250 $5,000 $24,250
2018 $935 $29,250 $5,000 $24,250
2017 $957 $29,250 $5,000 $24,250
2016 $1,475 $33,750 $0 $0
2014 $1,475 $33,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Finch

    Seller's Agent in 2021

    Jimmie Finch

    Crye-Leike

    (901) 481-1208

    2 in this area

    78 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    8 in this area

    184 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106804

Memphis Area Association of REALTORS®

APN: 03-3001-0-0076

Tennessee Shelby County Memphis 38112 Binghampton

2370 Parkway Place, Memphis, TN

This home is located at 2370 Parkway Place, Memphis, TN 38112 since 19 August 2021 and is currently estimated at $245,087, approximately $119 per square foot. This property was built in 1966. 2370 Parkway Place is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Central High School.

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