NOT LISTED FOR SALE

Estimated Value: $201,000 - $333,000

1 Bed
1 Bath
1,528 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2023

Last sale price $299,000 $196 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,681 / mo

15 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Separate Formal Living Room
  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows

About This Home

As of March 2023

Charming duplex on a great street in Central Gardens within a stones throw to the medical district and College of Optometry. Each unit has been meticulously maintained: 2 year old roof, 5 year old HVAC, 4 year old HW heater, newer appliances and current termite contract. The units feature original hardwood floors, tall ceilings, large bedroms with access to a back deck and stack washer & dryer in each unit. Potential rent income of $1,000-$1,200 per unit. Give 72hr notice to view.

Last Agent to Sell the Property

John Moore

Keller Williams License #338713 Listed on: 02/13/2023

Keller Williams

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • Walk-In Closet
  • 1,528 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • The property is located in a historic district

Community Details

  • Meacham Re Blk 15 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 016019 00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Bungalow
  • Second Address Number: 263
  • MAAR Subdivision Name: CENTRAL GARDENS
  • Freestanding: Yes
  • Historic District: Central Gardens HC
  • List Price Per Sq Ft: 196
  • Number Of Stories: 1
  • Estimated Sq Ft: 1528
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher
  • Estimated Entire Duplex Sq Ft: 1400-1599
  • Miscellaneous Interior: Walk-In Closet(s)

Exterior Features

  • Misc Exterior: Deck, Historic District
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Street Parking Only

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: PT 6&7
  • Acreage: 0.17
  • Lot Size: 50X150

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 016019 00007

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 2, 2023
Sold by
Davis Stephen R
Bought by
Flores Jose L
Seller's Agent
John Moore
Keller Williams
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$299,000
Sold Price
$299,000
Views
15
Current Estimated Value
$266,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,108
Avg. Annual Appreciation
-3.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Jose L $299,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $299,000 0.0% $196 / Sq Ft
02/13/2023 02/13/23 For Sale $299,000 -- $196 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,924 $113,880 $22,200 $91,680
2024 $2,924 $86,240 $13,840 $72,400
2023 $5,253 $86,240 $13,840 $72,400
2022 $3,572 $58,640 $13,840 $44,800
2021 $3,614 $58,640 $13,840 $44,800
2020 $2,652 $36,600 $13,840 $22,760
2019 $2,652 $36,600 $13,840 $22,760
2018 $2,652 $36,600 $13,840 $22,760
2017 $1,504 $36,600 $13,840 $22,760
2016 $1,592 $36,440 $0 $0
2014 $1,592 $36,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141944

Memphis Area Association of REALTORS®

APN: 01-6019-0-0007

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