NOT LISTED FOR SALE

Estimated Value: $126,000 - $160,000

1 Bed
1 Bath
1,107 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $75,000 $68 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $798/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Vinyl Flooring
  • Great Room
  • Central Heating
  • 1-Story Property

About This Home

As of September 2021

Fully Rehabbed Duplex,1bed/1ba each. Located in Historical Orange Mound in a quiet neighborhood. Already Income Producing- Tenants already in place, $650/$650=$1300mo. Tenants moved in on 8/1/2021, One year leases managed by the Seller. New Roof, New Windows, New Flooring, Central Heat only, New Hot Water Tank, New Bathrooms. No Central AC. Purchased in Tax Sale, No Redemption Period. **Do Not Disturb Tenants** Drive by to make offers. Cash Offers Preferred, must show proof of funds to purchase.

Last Agent to Sell the Property

Tara Woodley

Zach Taylor Real Estate License #321165 Listed on: 08/09/2021

Zach Taylor Real Estate

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $388

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x104
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Vinyl Flooring
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • Orange Mound Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 061014 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$388

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 2454
  • MLS Map #: 757A
  • MAAR Subdivision Name: ORANGE MOUND
  • Freestanding: Yes
  • List Price Per Sq Ft: 107
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.75
  • Estimated Sq Ft: 1107
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Smoke Detector(s)
  • Estimated Entire Duplex Sq Ft: 1000-1199

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 244-245&
  • Acreage: 0.17
  • Lot Size: 75X104
  • Price Per Acre: 700000

Green Features

  • Green Feature Checklist: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 061014 00020

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Asalla Apartments Llc
Bought by
Getty Lloyd and Getty Jennifer
Current Estimated Value
$141,000

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 27, 2021
Sold by
Caldwell Deon
Bought by
Azalia Apartments Llc
Seller's Agent
Tara Woodley
Zach Taylor Real Estate
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$125,000
Sold Price
$75,000
Premium/Discount to List
-$50,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%

Purchase Details

Closed on
Jan 10, 2018
Sold by
County Of Shelby
Bought by
Caldwell Deon

Purchase Details

Closed on
Oct 1, 1997
Sold by
Memphis Christian Benevolent Lodge Fcu
Bought by
Ross Arlenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6%

Purchase Details

Closed on
Oct 28, 1996
Sold by
Campbell Alma C
Bought by
Memphis Christian Benevolent Lodge Fcu
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
Getty Lloyd $145,000 Foundation T&E Llc
Azalia Apartments Llc $75,000 None Available
Caldwell Deon $4,000 None Available
Ross Arlenia $23,000 Assurance Title & Escrow
Memphis Christian Benevolent Lodge Fcu $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Arlenia $42,500
Previous Owner Ross Arlenia $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $75,000 -37.0% $68 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/20/2021 08/20/21 Price Changed $119,000 -4.0% $107 / Sq Ft
08/17/2021 08/17/21 Price Changed $124,000 -0.8% $112 / Sq Ft
08/09/2021 08/09/21 For Sale $125,000 -- $113 / 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 $388 $43,720 $2,400 $41,320
2024 $388 $11,440 $1,200 $10,240
2023 $697 $11,440 $1,200 $10,240
2022 $697 $11,440 $1,200 $10,240
2021 $266 $3,680 $1,200 $2,480
2020 $287 $3,960 $1,200 $2,760
2019 $127 $3,960 $1,200 $2,760
2018 $123 $0 $0 $0
2017 $0 $0 $0 $0
2016 $533 $12,200 $0 $0
2014 $533 $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106047

Memphis Area Association of REALTORS®

APN: 06-1014-0-0020