NOT LISTED FOR SALE

263 Lucy Ave Memphis, TN 38106

South Memphis Neighborhood
8 Beds
-- Bath
2,912 Sq Ft
7,841 Sq Ft Lot

Last Sold November 15, 2023

Last sale price $325,000 $112 Per Sq Ft

6 Days on Market

About This Home

As of November 2023

Fully remodeled 4-unit property. Each unit consists of 2beds/1bath, tenants pay all utilities and bring their own appliances. 2 unit are currently rented at $975 each

Last Agent to Sell the Property

Jonathan Minerick

homecoin.com License #357494 Listed on: 08/19/2023

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 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x 163.7

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 4 Units
  • Latham & Simpson Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 013023 00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MAAR Subdivision Name: LATHAM & SIMPSON
  • Number Of Stories: 2
  • Estimated Sq Ft: 2912
  • Year Built: 1965
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Hot Water: Electrical
  • Cooling Systems: 2+ Window Units per Unit
  • Heating Systems: Gas
  • Laundry: Connections

Lot Info

  • Lot Number: E 57 W58
  • Acreage: 0.18
  • Lot Size: 50X 163.7

Rental Info

  • Actual Annual Rent: 975
  • Tenant Pays: All Utilities
  • Type Of Leases: 6 Month

Tax Info

  • Assessor Parcel Number: 013023 00003

Multi Family

  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1 Bath

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $325,000 -4.4% $112 / Sq Ft
10/18/2023 10/18/23 Price Changed $340,000 -1.2% $117 / Sq Ft
10/10/2023 10/10/23 Price Changed $344,000 -1.4% $118 / Sq Ft
09/20/2023 09/20/23 For Sale $349,000 0.0% $120 / Sq Ft
09/20/2023 09/20/23 Price Changed $349,000 +7.4% $120 / Sq Ft
09/14/2023 09/14/23 Off Market $325,000 -- --
09/04/2023 09/04/23 For Sale $360,000 0.0% $124 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/24/2023 08/24/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $360,000 -- $124 / 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 -- $49,480 $5,360 $44,120
2024 -- $19,800 $4,880 $14,920
2023 $1,206 $19,800 $4,880 $14,920
2022 $1,206 $19,800 $4,880 $14,920
2021 $1,434 $19,800 $4,880 $14,920
2020 $1,342 $18,520 $4,880 $13,640
2019 $592 $18,520 $4,880 $13,640
2018 $592 $18,520 $4,880 $13,640
2017 $606 $18,520 $4,880 $13,640
2016 $769 $17,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2023

    Jonathan Minerick

    homecoin.com

    (888) 400-2513

    9 in this area

    7,333 Total Sales

    Jonathan Minerick
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10154790

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38106 South Memphis

263 Lucy Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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