NOT LISTED FOR SALE

Estimated Value: $405,000 - $489,000

3 Beds
2 Baths
4,376 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $322,000 $74 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,758/month

28 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Ceiling height of 9 feet or more
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of October 2020

Wonderful brick two story duplex-Good condition-Large 3 bedrooms 2 baths each floor-Updated kitchens with large breakfast rooms-Freshly painted-new roof-two tankless water heaters-Hardwood floors-central heat and air-9 foot ceilings- sun room at front of units with tile floors and three walls of windows-spacious living room and dining room-Permanent stairs to attic-also has a basement-Downstairs has a year lease/$1400/month-upstairs is monthly lease/$1200/month-rents could be higher after leases

Last Agent to Sell the Property

Laurie Stark

Hobson, REALTORS License #215912 Listed on: 09/14/2020

Last Buyer's Agent

Ashley Wisch

eXp Realty, LLC License #345883

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x172
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 4,376 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Wood Flooring
  • Partial Basement

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Evergreen Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 020065 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,452

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Single Family Conversion
  • Style: Traditional
  • Cross Street: Carruthers
  • Second Address Number: 285
  • MLS Map #: 744H
  • MAAR Subdivision Name: Evergreen
  • Freestanding: Yes
  • Historic District: Evergreen HC District
  • List Price Per Sq Ft: 69
  • Number Of Stories: 2
  • Price Per Sq Ft: 73.58
  • Estimated Sq Ft: 4376
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Estimated Entire Duplex Sq Ft: 4000-4499

Exterior Features

  • Misc Exterior: Separate Meters, Historic District
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 18
  • Acreage: 0.19
  • Lot Size: 50x172
  • Price Per Acre: 1578947

Rental Info

  • Type Of Leases: 6 Month, Year

Tax Info

  • Assessor Parcel Number: 020065 00013

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Peck Karen Kuo
Bought by
Manager Properties Llc
Current Estimated Value
$438,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$326,273
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$116,964

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 14, 2020
Sold by
Carter Ann Clements
Bought by
Peck Karen Kuo
Seller's Agent
Laurie Stark
Hobson, REALTORS
Buyer's Agent
Ashley Wisch
eXp Realty, LLC
List Price
$300,000
Sold Price
$322,000
Premium/Discount to List
$22,000
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$241,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Flautt Gayle S
Bought by
Carter Ann Clements

Purchase Details

Closed on
Jan 25, 2002
Sold by
Drew Linda L Kaiser and Drew Charlie M
Bought by
Flautt Gayle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.16%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Farmer Guy A Revocable Trust
Bought by
Drew Charlie M and Drew Linda L Kaiser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 1997
Sold by
Farmer Guy A
Bought by
The Guy Alfred Farmer Revocable Trust
Source: Public Records

Range of Values:

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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
Manager Properties Llc -- Home Surety T&E Llc
Peck Karen Kuo $322,000 Home Surety T&E Llc
Carter Ann Clements -- --
Flautt Gayle S $240,000 Southern Escrow Title Compan
Drew Charlie M $164,900 Chicago Title Insurance Co
The Guy Alfred Farmer Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manager Properties Llc $356,250
Previous Owner Peck Karen Kuo $241,500
Previous Owner Flautt Gayle S $70,000
Previous Owner Drew Charlie M $156,000
Previous Owner Drew Charlie M $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $322,000 +7.3% $74 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $300,000 -- $69 / 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 $4,452 $194,640 $27,360 $167,280
2024 $4,452 $131,320 $18,720 $112,600
2023 $8,000 $131,320 $18,720 $112,600
2022 $8,000 $131,320 $18,720 $112,600
2021 $3,563 $131,320 $18,720 $112,600
2020 $3,486 $109,080 $18,720 $90,360
2019 $3,486 $109,080 $18,720 $90,360
2018 $3,486 $109,080 $18,720 $90,360
2017 $3,569 $109,080 $18,720 $90,360
2016 $4,407 $100,840 $0 $0
2014 $4,407 $100,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084884

Memphis Area Association of REALTORS®

APN: 02-0065-0-0013