NOT LISTED FOR SALE

Estimated Value: $130,000 - $189,963

2 Beds
1 Bath
1,700 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $68,500 $40 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,047/month

62 Days on Market

Highlights

  • Separate Formal Living Room
  • Level Lot
  • 1-minute walk to Binghampton Park
  • Brick Veneer
  • 1-Story Property

About This Home

As of September 2019

BACK ON MARKET DUE TO FAILED CONTRACT! Great Brick Duplex located in Broad Ave/ Sam Cooper Corridor--100% Occupied--Cash Only offers!! Sold "AS-IS"; Owner will not make any repairs! Combined rent is $875/month; (Should rent for $650/side) Do not disturb tenants! Drive by only until acceptable offer. Owner has other income producing property available as well--(MLS-10057526)

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 07/16/2019

Last Buyer's Agent

Anna Duggan

Collier REALTORS License #335876

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Veneer

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Community Details

  • Binghampton Blk 39 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 033029 00006

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Second Address Number: 2559
  • MAAR Subdivision Name: BINGHAMPTON BLK 39
  • Freestanding: Yes
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Estimated Sq Ft: 1700
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 50 X 150

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 033029 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 1, 2019
Sold by
Chase Barry J
Bought by
Waits Adrian Dale
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Anna Duggan
Collier REALTORS
List Price
$68,500
Sold Price
$68,500
Current Estimated Value
$188,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,580
Avg. Annual Appreciation
15.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Waits Adrian Dale $68,500 Close Trak Closing & Ttl Svc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $68,500 0.0% $40 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $68,500 -- $40 / 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 -- $67,520 $10,120 $57,400
2024 $757 $22,320 $4,800 $17,520
2023 $1,360 $22,320 $4,800 $17,520
2022 $1,360 $22,320 $4,800 $17,520
2021 $1,376 $22,320 $4,800 $17,520
2020 $1,565 $21,600 $4,800 $16,800
2019 $690 $21,600 $4,800 $16,800
2018 $690 $21,600 $4,800 $16,800
2017 $707 $21,600 $4,800 $16,800
2016 $857 $19,600 $0 $0
2014 $857 $19,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10057530

Memphis Area Association of REALTORS®

APN: 03-3029-0-0006