NOT LISTED FOR SALE

2766 Douglass Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $101,000 - $291,130

6 Beds
3 Baths
1,712 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $27,500 $16 Per Sq Ft

Est. 556% increase in value since last sale

Current estimated payment $988/month

About This Home

As of June 2020

This is a great investment opportunity in 38114! This 1BED/1BATH per unit is currently vacant. Please contact your Real Estate Agent for viewing instructions.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/06/2018

Last Buyer's Agent

Sherley Brown

KAIZEN Realty, LLC License #277360

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $355

Year Built

  • Built in 1952

Lot Details

  • 5,968

Parking

  • Off-Site Parking

Home Design

  • 1,712 Sq Ft Home
  • Triplex

Laundry

  • Washer and Dryer Hookup

Community Details

  • 3 Units
  • E End Pl S/D Blk 6 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$355

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • MLS Map #: 757A
  • MAAR Subdivision Name: Orange Mound
  • Freestanding: Yes
  • List Price Per Sq Ft: 25
  • Estimated Sq Ft: 1712
  • Year Built: 1952
  • List Price Per Unit: 14300
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Laundry: Connections

Lot Info

  • Lot Size: 0.13 AC

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Multi Family

  • Total Number Of Units: 3
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 1
  • Number3 Bedroom Units: 1
  • Type of Unit: 1 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jun 30, 2020
Sold by
Your Home Llc
Bought by
Moore Stephen and Moore Roshaunda
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Sherley Brown
KAIZEN Realty, LLC
List Price
$59,900
Sold Price
$27,500
Premium/Discount to List
-$32,400
-54.09%
Current Estimated Value
$180,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,033
Avg. Annual Appreciation
42.62%
Original Mortgage
$39,000
Outstanding Balance
$34,647
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$145,886

Purchase Details

Closed on
Jul 14, 2014
Sold by
Bermar Associates 1 Llc
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,953,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2012
Sold by
L F Properties I Llc
Bought by
Bermar Associates I Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Moore Stephen $207,500 Local Title Llc
Your Home Llc $2,050,000 None Available
Bermar Associates I Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Stephen $39,000
Previous Owner Your Home Llc $2,953,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $27,500 -35.9% $16 / Sq Ft
09/25/2019 09/25/19 Price Changed $42,900 -21.9% $25 / Sq Ft
10/23/2018 10/23/18 Price Changed $54,900 -8.3% $32 / Sq Ft
04/06/2018 04/06/18 For Sale $59,900 -- $35 / 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 $355 $20,600 $2,400 $18,200
2024 $355 $10,480 $1,200 $9,280
2023 $638 $10,480 $1,200 $9,280
2022 $638 $10,480 $1,200 $9,280
2021 $286 $4,640 $1,200 $3,440
2020 $362 $5,000 $1,200 $3,800
2019 $548 $17,160 $1,200 $15,960
2018 $548 $17,160 $1,200 $15,960
2017 $561 $17,160 $1,200 $15,960
2016 $748 $17,120 $0 $0
2014 $748 $19,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2020

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    31 in this area

    1,436 Total Sales

    Dean Harris
    Section Image

  • S

    Buyer's Agent in 2020

    Sherley Brown

    KAIZEN Realty, LLC

    (901) 218-3189

    1 in this area

    20 Total Sales

    Sherley Brown
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024344

Memphis Area Association of REALTORS®

APN: 02-9100-0-0014

Tennessee Shelby County Memphis 38114 Orange Mound

2766 Douglass Ave, Memphis, TN

This home is located at 2766 Douglass Ave, Memphis, TN 38114 since 06 April 2018 and is currently estimated at $180,533, approximately $105 per square foot. This property was built in 1952. 2766 Douglass Ave is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Hanley Schoool - Middle.

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