NOT LISTED FOR SALE

Estimated Value: $106,000 - $122,000

2 Beds
1 Bath
1,428 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $115,000 $81 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $624/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Step Saver Kitchen Design
  • Great Room
  • Porch
  • Eat-In Kitchen

About This Home

As of December 2024

Wow! Ever wanted to live on One Side of Duplex and Rent the other-This is it! Located close to Tillman Greenline and Easy Access to Sam Cooper/Broad Ave Arts District & Dining! Investors and/or Owner Occupants Welcome! Please Do "Not Disturb Tenants" on left side Unit #301. "Smilin Front Porch" perfect for Sippin Coffee or future Swing! Feels "Cozy, Cottage-like" with New 30-yr Architectural Roof(Oct2022,$6600),several New Windows, added Porch Handrails. Enjoy 2Br/1BA, eat-in Kitchen+Great Rm on each side. New Exterior Paint, access backyard thru Side entrances for future Playing, Entertaining or Gardening. Unit #301: Updated Kit, New Commode, New Wall Heater. Vacant Unit #303: Interior Refresh(2024,$5800)Fresh NEUTRAL Paint through-out, some Windows replaced, Luxury Vinyl Flooring, New "Subway" Tiled Surround Re-surfaced Bathtub, Some New Lighting, New Blinds +Gas Oven Compact-Size.

Last Agent to Sell the Property

C. Lauren Jones

Crye-Leike, Inc., REALTORS License #308130 Listed on: 10/12/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Kirsten Stallings

Epique Realty License #365762

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x161
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Step Saver Kitchen Design
  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Oak Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, heating, gas, electric, water/sewer, trash collection, lawn maintenance
  • Assessor Parcel Number 037014 00029

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional, Ranch
  • Cross Street: Mimosa
  • Second Address Number: 303
  • MAAR Subdivision Name: OAK PARK
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1428
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Appliances Equipment: Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 1400-1599
  • Miscellaneous Interior: Pull Down Attic Stairs, Cable Wired

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Gas, Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 24
  • Acreage: 0.18
  • Lot Size: 50X161
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities, Heating, Gas, Electric, Water/Sewer, Trash Collection, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 037014 00029

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Dec 6, 2024
Sold by
Madison Investments Llc
Bought by
Jb Investments & Management Inc
Seller's Agent
C. Lauren Jones
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kirsten Stallings
Epique Realty
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%
Views
18
Current Estimated Value
$113,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,319
Avg. Annual Appreciation
-1.06%
Original Mortgage
$138,600
Outstanding Balance
$35,394
Interest Rate
5.71%
Mortgage Type
Construction
Estimated Equity
$78,287

Purchase Details

Closed on
Aug 30, 2019
Sold by
Sja Property Group Llc
Bought by
Madison Investmrents Llc

Purchase Details

Closed on
Dec 18, 2015
Sold by
Perfect Properties Llc
Bought by
Sja Property Group Llc

Purchase Details

Closed on
Aug 27, 2013
Sold by
Abushaer Muhamaad B and El Tayech Ghassan
Bought by
Perfect Properties Llc

Purchase Details

Closed on
Mar 11, 2011
Sold by
El Tayech Ghassan
Bought by
Abushaer Muhamaad B

Purchase Details

Closed on
Feb 18, 2011
Sold by
Holiday Jeffery
Bought by
El Tayech Ghassan

Purchase Details

Closed on
Apr 7, 2010
Sold by
Us Bank National Association
Bought by
Holiday Jeffery

Purchase Details

Closed on
Dec 9, 2008
Sold by
Strickland Jeanette F
Bought by
Us Bank National Association and Tbw 2007-2

Purchase Details

Closed on
Mar 11, 2008
Sold by
Strickland Jeanette
Bought by
Silveroc Investment Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Winfrey John T
Bought by
Strickland Jeanette F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Parker Luther
Bought by
Winfrey John Terrell

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

Purchase Details

Closed on
Nov 5, 2004
Sold by
Brombach Conrad
Bought by
Parker Luther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2002
Sold by
Williams T L
Bought by
Brombach Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.53%
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

Date Buyer Sale Price Title Company
Jb Investments & Management Inc $115,000 Edco Title & Closing Services
Jb Investments & Management Inc $115,000 Edco Title & Closing Services
Madison Investmrents Llc $285,000 Saddle Creek Title Llc
Sja Property Group Llc $25,000 Attorney
Perfect Properties Llc $24,000 None Available
Abushaer Muhamaad B $11,700 None Available
El Tayech Ghassan $11,700 Preferred Title & Escrow Llc
Holiday Jeffery $6,500 Preferred Title & Escrow Llc
Us Bank National Association $37,000 None Available
Silveroc Investment Llc -- None Available
Strickland Jeanette F $68,000 None Available
Winfrey John Terrell $30,000 None Available
Parker Luther $19,000 --
Brombach Conrad $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jb Investments & Management Inc $138,600
Closed Jb Investments & Management Inc $138,600
Previous Owner Strickland Jeanette F $61,200
Previous Owner Winfrey John Terrell $22,500
Previous Owner Parker Luther $16,000
Previous Owner Brombach Conrad $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $115,000 -11.5% $81 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $130,000 -- $91 / 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 $342 $30,200 $4,000 $26,200
2024 $342 $10,080 $2,000 $8,080
2023 $614 $10,080 $2,000 $8,080
2022 $614 $10,080 $2,000 $8,080
2021 $348 $10,080 $2,000 $8,080
2020 $1,200 $16,560 $2,000 $14,560
2019 $529 $16,560 $2,000 $14,560
2018 $529 $16,560 $2,000 $14,560
2017 $542 $16,560 $2,000 $14,560
2016 $661 $15,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10183200

Memphis Area Association of REALTORS®

APN: 03-7014-0-0029