$173,000
SOLD SEP 29, 2025
6 Beds
4 Baths
2,683 Sq Ft
0.37 Acres

Recently Sold

$64 Per Sq Ft

9% Below List Price

43 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Walk-In Closet
  • Wood Flooring
  • Brick Veneer
  • Central Heating and Cooling System

About This Home

As of September 2025

Fantastic investment opportunity in the Shelby area. This 6br/4 bath Duplex is in the 38118 area. Unit 3205 occupied with a monthly rental amount of $1,054.94/month. The lease ends on 7/15/26. Unit 3207 is Vacant. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/08/2025

Last Buyer's Agent

Jordan Ray

eXp Realty, LLC License #375004

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 47x187
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 2,683 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Mendenaire Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 074037 E00081

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3207
  • MAAR Subdivision Name: MENDENAIRE
  • Number Of Stories: 1
  • Estimated Sq Ft: 2683
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Appliances Equipment: Range/Oven (Freestanding), Cooktop/Wall Oven, Disposal, Smoke Detector(s)
  • Miscellaneous Interior: Walk-In Closet(s), Pull Down Attic Stairs, Cable Available

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 77
  • Acreage: 0.37
  • Lot Size: 47X187
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 074037 E00081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Sep 16, 2025
Sold by
Crestcore Iv Llc
Bought by
Sohn Realty Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Jordan Ray
eXp Realty, LLC
List Price
$189,900
Sold Price
$173,000
Premium/Discount to List
-$16,900
-8.9%
Views
38
Current Estimated Value
$174,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,328
Avg. Annual Appreciation
2.27%
Original Mortgage
$136,000
Outstanding Balance
$135,757
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$38,571

Purchase Details

Closed on
May 6, 2016
Sold by
Mathias Michael
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2013
Sold by
Mathias Michael D
Bought by
Mathias Michael and Michael Mathias Revocable Living Trust

Purchase Details

Closed on
Nov 27, 2007
Sold by
Guess Jerry W and Guess Audria L
Bought by
Mathias Michael D and Mathias Roann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2006
Sold by
Jefferson Elizabeth
Bought by
Guess Jerry W and Guess Audria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2000
Sold by
Clark Sabrina P
Bought by
Jefferson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,955
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2000
Sold by
Bayview Financial Acquisition Trust
Bought by
Clark Sabrina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,955
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2000
Sold by
White Mountains Services Corp
Bought by
Bayview Financial Acquisition Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,955
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2000
Sold by
Margaret Taylor
Bought by
Source One Mtg Corp

Purchase Details

Closed on
May 4, 1998
Sold by
Utley Renaldo L
Bought by
Taylor Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,840
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed $173,000 Home Surety Title & Escrow
Warranty Deed $841,956 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $123,000 Fidelity Title & Escrow Inc
Warranty Deed $112,000 Fidelity Title & Escrow Inc
Warranty Deed $87,000 --
Warranty Deed $56,000 --
Warranty Deed $56,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Trustee Deed $120,000 --
Trustee Deed $120,000 --
Warranty Deed $149,800 --
Warranty Deed $149,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,000 Credit Line Revolving
Previous Owner $236,250 Commercial
Previous Owner $94,400 Purchase Money Mortgage
Previous Owner $89,600 Fannie Mae Freddie Mac
Previous Owner $86,955 FHA
Previous Owner $119,840 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $173,000 -6.4% $64 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
07/23/2025 07/23/25 Price Changed $184,900 -2.6% $69 / Sq Ft
07/08/2025 07/08/25 For Sale $189,900 -- $71 / 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 $1,180 $74,640 $8,600 $66,040
2024 $1,180 $34,800 $7,680 $27,120
2023 $2,120 $34,800 $7,680 $27,120
2022 $2,120 $34,800 $7,680 $27,120
2021 $1,201 $34,800 $7,680 $27,120
2020 $2,296 $31,680 $7,680 $24,000
2019 $1,012 $31,680 $7,680 $24,000
2018 $1,012 $31,680 $7,680 $24,000
2017 $1,036 $31,680 $7,680 $24,000
2016 $1,113 $25,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10200780

Memphis Area Association of REALTORS®

APN: 07-4037-E0-0081