Seller's Agent in 2025
Dean Harris
CrestCore Realty MphsBrokerage
(901) 619-6170
16 in this area
1,434 Total Sales
2982 Shannon Ave Memphis, TN 38108
Douglass Neighborhood
1
Bed
1
Bath
1,050
Sq Ft
4,792
Sq Ft Lot
Highlights
- Traditional Architecture
- Tile Flooring
- 1-Story Property
- Porch
- Level Lot
About This Home
As of January 2024Add this Renovated brick duplex to your portfolio! Occupied & Income Producing! Great ROI & CAP RATE! Total Monthly Rent=$1620; $810 each side/unit. Leases ending July 2024. Tenants pay own utilities. Owner managed by using the property management app Avail. >$30k in updates: New roof, LVP flooring, windows, ceiling fans, light fixtures, Updated kitchens & bathrooms... Lots of redevelopment in area. Selling AS-IS. No sign in yard. No Showings Without Accepted Offer! DO NOT DISTURB TENANTS
Last Agent to Sell the Property
Zeitlin Sotheby's Internation License #327698 Listed on: 07/22/2023
Co-Listed By
Ashley Monroe
KAIZEN Realty, LLC License #345491
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $210
Year Built
- Built in 1958
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x125
- Level Lot
- Few Trees
Parking
- Driveway
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,050 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Attic Access Panel
- Fire and Smoke Detector
- Recirculated Exhaust Fan
Flooring
- Laminate
- Tile
Outdoor Features
- Porch
Utilities
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Community Details
- Warford Ave Blk 2 Subdivision
- Insurance Expense $888
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 043025 00042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2023
Closed on
Jan 4, 2024
Sold by
Greystone Capital Inc
Bought by
M & A Rental Properties 2 Llc
Seller's Agent
Fara Captain
Zeitlin Sotheby's Internation
Buyer's Agent
Fara Captain
Zeitlin Sotheby's Internation
List Price
$149,999
Sold Price
$143,000
Premium/Discount to List
-$6,999
-4.67%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$107,250
Outstanding Balance
$105,467
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$36,042
Purchase Details
Listed on
Nov 6, 2021
Closed on
Nov 22, 2021
Sold by
Hampton Larry B
Bought by
Capital Greystone
Seller's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
Buyer's Agent
Fara Captain
Zeitlin Sotheby's Internation
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.34%
Purchase Details
Closed on
Jan 17, 2012
Sold by
Sonoma Investments Llc
Bought by
Hampton Larry B
Purchase Details
Closed on
Jun 25, 2009
Sold by
Holcomb W T
Bought by
Sonoma Investments Llc
Purchase Details
Closed on
Apr 27, 2009
Sold by
Holcomb W T
Bought by
Franklin Tommie
Purchase Details
Closed on
Apr 28, 1998
Sold by
Goldfarb Family Trust The
Bought by
Holcomb W T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $143,000 | Saddle Creek Title | |
| Warranty Deed | $60,000 | Millennial Title | |
| Quit Claim Deed | $2,250 | None Available | |
| Trustee Deed | $65,152 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $25,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,250 | New Conventional | |
| Previous Owner | $22,500 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $145,000 | 0.0% | $138 / Sq Ft |
| 11/22/2024 11/22/24 | Rented | $595 | 0.0% | -- |
| 11/22/2024 11/22/24 | Price Changed | $595 | +13.3% | $1 / Sq Ft |
| 11/08/2024 11/08/24 | For Rent | $525 | 0.0% | -- |
| 01/08/2024 01/08/24 | Sold | $143,000 | -4.7% | $136 / Sq Ft |
| 07/22/2023 07/22/23 | For Sale | $149,999 | +150.0% | $143 / Sq Ft |
| 11/22/2021 11/22/21 | Sold | $60,000 | -7.7% | $57 / Sq Ft |
| 11/06/2021 11/06/21 | For Sale | $65,000 | -- | $62 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $210 | $24,720 | $2,600 | $22,120 |
| 2024 | $210 | $6,200 | $1,400 | $4,800 |
| 2023 | $378 | $6,200 | $1,400 | $4,800 |
| 2022 | $378 | $6,200 | $1,400 | $4,800 |
| 2021 | $449 | $6,200 | $1,400 | $4,800 |
| 2020 | $699 | $9,640 | $1,400 | $8,240 |
| 2019 | $308 | $9,640 | $1,400 | $8,240 |
| 2018 | $308 | $9,640 | $1,400 | $8,240 |
| 2017 | $315 | $9,640 | $1,400 | $8,240 |
| 2016 | $400 | $9,160 | $0 | $0 |
| 2014 | $400 | $9,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dean Harris
-
Debbie Tolbert
D
Seller's Agent in 2024
Debbie Tolbert
Crestcore Realty, LLC
(901) 647-9199
-
Fara Captain
Seller's Agent in 2024
Fara Captain
Zeitlin Sotheby's Internation
(901) 500-8034
2 in this area
162 Total Sales
-
A
Seller Co-Listing Agent in 2024
Ashley Monroe
KAIZEN Realty, LLC
-
Michelle Hayes Thomas
Seller's Agent in 2021
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
(901) 650-0486
1 in this area
248 Total Sales
-
Carolyn McAfee
C
Seller Co-Listing Agent in 2021
Carolyn McAfee
Hayes Homes and Realty, Inc
(901) 949-0758
1 in this area
65 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10152844
APN: 04-3025-0-0042
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