NOT LISTED FOR SALE

Estimated Value: $93,000 - $130,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $66,000 $55 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $600/month

36 Days on Market

About This Home

As of January 2024

This property is an excellent addition to your investment portfolio, featuring a longstanding tenant. It is professionally managed and meticulously maintained. Please refrain from approaching the property directly, as it is for drive-by viewing only. Kindly respect the tenant's privacy and refrain from any disturbances.

Last Agent to Sell the Property

Tracy Jefferson

Crye-Leike, Inc., REALTORS License #334930 Listed on: 12/04/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tracy Jefferson

Crye-Leike, Inc., REALTORS License #334930 Listed on: 12/04/2023

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x159

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,069 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Covered Space

Community Details

  • Messick School Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045079 00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MESSICK SCHOOL PLACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1069
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 81
  • Acreage: 0.18
  • Lot Size: 50X159

Tax Info

  • Assessor Parcel Number: 045079 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Mid South Homebuyers Gp and Mid South Homebuyers Llc
Bought by
Full Time Realty Llc
Current Estimated Value
$109,724

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 25, 2024
Sold by
Vonmehren Ann L
Bought by
Mid South Homebuyers Llc
Seller's Agent
Tracy Jefferson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tracy Jefferson
Crye-Leike, Inc., REALTORS
List Price
$75,000
Sold Price
$66,000
Premium/Discount to List
-$9,000
-12%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 15, 2021
Sold by
Xcell Solutions Llc
Bought by
Vonmehren Ann L
List Price
$65,000
Sold Price
$52,000
Premium/Discount to List
-$13,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Russell Catrine and Parker Catharine S
Bought by
Xcell Solution Limited Compa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,406
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2003
Sold by
Graves Aaron Rene
Bought by
Parker Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
5.82%
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
Full Time Realty Llc $123,400 None Listed On Document
Mid South Homebuyers Llc $66,000 None Listed On Document
Vonmehren Ann L $52,000 None Available
Xcell Solution Limited Compa $45,000 Closetrak Closing & Title Sv
Parker Catherine S $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xcell Solution Limited Compa $66,406
Previous Owner Parker Catherine S $45,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $66,000 -12.0% $66 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $75,000 +44.2% $75 / Sq Ft
01/15/2021 01/15/21 Sold $52,000 -20.0% $49 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
10/08/2020 10/08/20 For Sale $65,000 -- $61 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $352 $29,300 $2,450 $26,850
2024 $352 $10,375 $1,000 $9,375
2023 $632 $10,375 $1,000 $9,375
2022 $632 $10,375 $1,000 $9,375
2021 $751 $10,375 $1,000 $9,375
2019 $254 $7,950 $1,000 $6,950
2018 $254 $7,950 $1,000 $6,950
2017 $260 $7,950 $1,000 $6,950
2016 $341 $7,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10162060

Memphis Area Association of REALTORS®

APN: 04-5079-0-0003