$197,000
SOLD FEB 12, 2025
1 Bed
1 Bath
1,658 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

10% Below List Price

64 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Central Heating and Cooling System
  • Wood Flooring
  • Brick Veneer
  • Dining Area

About This Home

As of February 2025

Great opportunity to grab a tenanted cash flowing property. Two unit duplex with a 1/1 on each side. 265 unit is recently vacant and easy to show - 263 unit is $750/mo. 5+ year tenant. Interiors are clean and ready, only needs some minor exterior maintenance. Easy to maintain and easy to own. Appliances included. Hardwood floors. Central HVAC. 2 car carport. Will make a great addition to any portfolio. Feel free to reach out with questions. Seller is not interested in owner financed offers, creative financing, subject to offers, and no wholesalers or assignments please.

Last Agent to Sell the Property

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 12/04/2024

Last Buyer's Agent

Tammy Davis

Coldwell Banker Collins-Maury License #345466

Coldwell Banker Collins-Maury

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 55x150

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,658 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Wood Flooring

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Dobson Place Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 045015 00005

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: CHICKASAW GARDENS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1658
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Miscellaneous Interior: Unknown

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Number: 2
  • Acreage: 0.18
  • Lot Size: 55X150
  • Geo Subdivision: TN

Rental Info

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

Tax Info

  • Assessor Parcel Number: 045015 00005

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Feb 12, 2025
Sold by
Schorman Hallie Conaway and Conaway Gaines Alley
Bought by
Halbrook Michael and Halbrook Laura
Seller's Agent
Jeffrey Howard
Bluff City Realty Group, LLC
Buyer's Agent
Tammy Davis
Coldwell Banker Collins-Maury
List Price
$218,901
Sold Price
$197,000
Premium/Discount to List
-$21,901
-10%
Views
12
Current Estimated Value
$196,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$832
Avg. Annual Appreciation
-0.47%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Conaway Hallie E
Bought by
Conaway Hallie E and Conaway Gaines A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,426
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1998
Sold by
Mcdaniel Elizabeth G
Bought by
Conaway Hallie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.58%
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 Type Sale Price Title Company
Warranty Deed $197,000 Home Surety Title & Escrow
Interfamily Deed Transfer -- --
Warranty Deed $87,000 --
Warranty Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $82,426 New Conventional
Previous Owner $87,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $197,000 -10.0% $119 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $218,901 -- $132 / 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 $1,304 $78,960 $21,240 $57,720
2024 $1,304 $38,480 $13,480 $25,000
2023 $2,344 $38,480 $13,480 $25,000
2022 $2,344 $38,480 $13,480 $25,000
2021 $2,372 $38,480 $13,480 $25,000
2020 $2,545 $35,120 $13,480 $21,640
2019 $2,545 $35,120 $13,480 $21,640
2018 $2,545 $35,120 $13,480 $21,640
2017 $1,443 $35,120 $13,480 $21,640
2016 $1,517 $34,720 $0 $0
2014 $1,517 $34,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186188

Memphis Area Association of REALTORS®

APN: 04-5015-0-0005