NOT LISTED FOR SALE

Estimated Value: $76,606 - $138,000

2 Beds
1 Bath
1,657 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2021

Last sale price $87,000 $53 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $690 / mo

95 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Brick Veneer
  • Separate Formal Living Room
  • Step Saver Kitchen Design
  • Hot Water Heating System

About This Home

As of June 2021

Here is a chance to get a brick duplex in a quickly-growing and changing part of town! Trending upwards in both prices and rents, Orange Mound is becoming well-known among investors for its popularity among tenants and potential to become the 'next big area' for investors! One side is occupied for $475 and the other is newly-occupied for $375, with the $375 side having undergone an extensive rent-ready to prep it for the new tenant. No assignable offers - they will be rejected per the seller.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 03/25/2021

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 03/25/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Step Saver Kitchen Design

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • Barron Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047070 00023

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 2762
  • MAAR Subdivision Name: CHEROKEE
  • Freestanding: Yes
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1
  • Estimated Sq Ft: 1657
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Hot Water: Gas, Individual System

Lot Info

  • Lot Description: Level
  • Lot Number: SW PT 34
  • Acreage: 0.17
  • Lot Size: 50X150

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 047070 00023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 30, 2021
Sold by
Bought by
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%
Current Estimated Value
$113,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,023
Avg. Annual Appreciation
4.66%
Original Mortgage
$64,500
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2015
Closed on
Mar 20, 2015
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$87,000 Local Title Llc
$25,000 Close Track Closing & Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $64,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $87,000 -8.3% $53 / Sq Ft
03/25/2021 03/25/21 For Sale $94,900 +279.6% $57 / Sq Ft
03/24/2015 03/24/15 Sold $25,000 -16.7% $15 / Sq Ft View Prior Sale
03/16/2015 03/16/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $30,000 -- $18 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $950 $35,320 $3,920 $31,400
2024 $549 $16,200 $1,600 $14,600
2023 $987 $16,200 $1,600 $14,600
2022 $987 $16,200 $1,600 $14,600
2021 $1,173 $16,200 $1,600 $14,600
2020 $991 $13,680 $1,600 $12,080
2019 $437 $13,680 $1,600 $12,080
2018 $437 $13,680 $1,600 $12,080
2017 $546 $16,680 $1,600 $15,080
2016 $766 $17,520 $0 $0
2014 $766 $17,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095849

Memphis Area Association of REALTORS®

APN: 04-7070-0-0023

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