NOT LISTED FOR SALE

Estimated Value: $209,722 - $292,000

1 Bed
1 Bath
1,408 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $199,000 $141 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,421/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring
  • Dining Area
  • 1-Story Property

About This Home

As of April 2020

This totally renovated duplex is located in a great Midtown location. The units are both 1 bedroom and 1 bath with central heating and air and laundry connections. The total scheduled monthly income is 1700.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/27/2020

Crye-Leike Commercial

Last Buyer's Agent

Brenda Medling

Keller Williams License #322461

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 152
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Wood Flooring

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Lake Subdivision
  • Insurance Expense $995

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 020046 00055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,580

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 292
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 142
  • Number Of Stories: 1
  • Price Per Sq Ft: 141.34
  • Estimated Sq Ft: 1408
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: N PT 13
  • Acreage: 0.17
  • Lot Size: 50 X 152
  • Price Per Acre: 1175882

Rental Info

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

Tax Info

  • Assessor Parcel Number: 020046 00055

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 7, 2020
Sold by
Heffington Don Wayne and Heffington Raphaella W
Bought by
Larsen Daniel and Larsen Elizabeth Larmour
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Brenda Medling
Keller Williams
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%
Current Estimated Value
$242,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,181
Avg. Annual Appreciation
3.64%
Original Mortgage
$149,250
Outstanding Balance
$132,217
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$109,964
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
Larsen Daniel $199,000 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Daniel $149,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2020 04/08/20 Sold $199,000 -0.5% $141 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $199,900 -- $142 / 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 $1,580 $76,400 $24,960 $51,440
2024 $1,580 $46,600 $17,080 $29,520
2023 $2,839 $46,600 $17,080 $29,520
2022 $2,839 $46,600 $17,080 $29,520
2021 $1,608 $46,600 $17,080 $29,520
2020 $2,730 $37,680 $17,080 $20,600
2019 $1,204 $37,680 $17,080 $20,600
2018 $1,204 $37,680 $17,080 $20,600
2017 $1,233 $37,680 $17,080 $20,600
2016 $1,521 $34,800 $0 $0
2014 $1,521 $34,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10071826

Memphis Area Association of REALTORS®

APN: 02-0046-0-0055