NOT LISTED FOR SALE

Estimated Value: $121,000 - $149,000

2 Beds
1 Bath
1,298 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $115,000 $89 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $758/month

About This Home

As of October 2022

Attention investors! Check out this newly renovated Duplex in Memphis. Both units are currently vacant and easy to show with 2beds/1bath each. Move-in ready! This would make a great investment opportunity!

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/02/2022

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 1961

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x121

Home Design

  • Duplex

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property

Community Details

  • Jefferson Park Blk 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069013 00034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$644

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • MLS Map #: 724A
  • MAAR Subdivision Name: JEFFERSON PARK BLK 8
  • Freestanding: Yes
  • List Price Per Sq Ft: 89
  • Number Of Stories: 1
  • Price Per Sq Ft: 88.6
  • Estimated Sq Ft: 1298
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Lot Info

  • Lot Number: 37
  • Acreage: 0.13
  • Lot Size: 50X121
  • Price Per Acre: 884608

Tax Info

  • Assessor Parcel Number: 069013 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 11, 2022
Sold by
Bailey Jacquline Annette
Bought by
Hildalgo Michael J and Hidalgo Bethany J
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$132,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,793
Avg. Annual Appreciation
3.22%
Original Mortgage
$75,000
Outstanding Balance
$72,512
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$53,895

Purchase Details

Closed on
Aug 17, 2020
Sold by
Bailey Wayne F
Bought by
Smith Scott Royal and 3034 3036 Sinclair Street Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,599
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2020
Sold by
Pegasus Real Services Llc
Bought by
Bailey Wayne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,599
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2014
Sold by
Bell Investments Gp
Bought by
Skafos James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2011
Sold by
Bell Sonia Renee
Bought by
Bell Investments Gp

Purchase Details

Closed on
Jan 3, 2011
Sold by
Bell Investments Gp
Bought by
Bell Sonja Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2009
Sold by
M & H Holdings Llc
Bought by
Bell Investments Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2009
Sold by
Par Investments Llc
Bought by
M & H Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 2008
Sold by
Jaxxon Income Properties One Ltd
Bought by
Par Investments Llc
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
Hildalgo Michael J $115,000 Memphis Title
Smith Scott Royal -- None Available
Bailey Wayne F $115,000 Saddle Creek Title Llc
Skafos James J $168,000 None Available
Bell Investments Gp -- None Available
Bell Sonja Renee -- None Available
Bell Investments Gp $180,000 Close Trak Title & Escrow
M & H Holdings Llc $130,000 None Available
Par Investments Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hildalgo Michael J $75,000
Previous Owner Bailey Wayne F $78,599
Previous Owner Skafos James J $148,000
Previous Owner Bell Sonja Renee $25,000
Previous Owner Bell Investments Gp $150,000
Previous Owner M & H Holdings Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $115,000 0.0% $89 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $114,999 -4.1% $89 / Sq Ft
08/08/2022 08/08/22 Price Changed $119,900 -4.0% $92 / Sq Ft
08/02/2022 08/02/22 For Sale $124,900 -- $96 / 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 $644 $56,880 $2,800 $54,080
2024 $644 $19,000 $2,280 $16,720
2023 $1,157 $19,000 $2,280 $16,720
2022 $1,157 $19,000 $2,280 $16,720
2021 $656 $19,000 $2,280 $16,720
2020 $1,020 $14,080 $2,280 $11,800
2019 $450 $14,080 $2,280 $11,800
2018 $450 $14,080 $2,280 $11,800
2017 $461 $14,080 $2,280 $11,800
2016 $617 $14,120 $0 $0
2014 $617 $14,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10130188

Memphis Area Association of REALTORS®

APN: 06-9013-0-0034