$45,000
SOLD AUG 9, 2016
7 Beds
-- Bath
1,508 Sq Ft
0.41 Acres

Recently Sold

$30 Per Sq Ft

11 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • 1-Story Property

About This Home

As of August 2016

This is an excellent investment/income property. This is a home with 2 attached apartment units. The home has 2 bedrooms and 2 full baths (den can be used as 3rd bedroom). Each unit has 1 Bedroom, Kitchen, Living Room and 1 Full Bathroom. Home and both units are currently being leased; all units are occupied. At Closing buyer will receive rental deposits and prorated rent collected for month of sale. Price to Sell.

Last Agent to Sell the Property

Amy Avant

Crye-Leike, Inc., REALTORS License #334468 Listed on: 07/18/2016

Last Buyer's Agent

Rebecca Kuntzman

D R Horton Memphis License #335635

D R Horton Memphis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $763

Year Built

  • Built in 1953

Lot Details

  • 0.41 Acre Lot
  • Chain Link Fence

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile

Parking

  • Covered Parking
  • Paved Parking

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Shirley Park First Addition Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 069030 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$763

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Converted House
  • MLS Map #: 724A
  • MAAR Subdivision Name: SHIRLEY PARK 1ST ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Price Per Sq Ft: 109756.1
  • Estimated Sq Ft: 1508
  • Year Built: 1953
  • Construction: Brick, Stone
  • List Price Per Unit: 15000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile, Partial Carpet
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake
  • Miscellaneous Exterior: Chain Fence

Garage/Parking

  • Parking Facility: Concrete, Covered

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central, 1 Window Unit per Unit
  • Heating Systems: Gas
  • Laundry: Connections

Association/Amenities

  • Amenities: Cable T.V.

Lot Info

  • Lot Number: 55
  • Acreage: 0.41
  • Lot Size: 237.08/0 X 140/140
  • Price Per Acre: 109756

Rental Info

  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 069030 00002

Multi Family

  • Total Number Of Units: 3
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 1
  • Number3 Bedroom Units: 1
  • Type of Unit: 4 or More Bedrooms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 9, 2016
Sold by
Peterson Richard
Bought by
Holliday Eldon and Holliday Holly
Seller's Agent
Amy Avant
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rebecca Kuntzman
D R Horton Memphis
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Peterson Glenda
Bought by
Peterson Richard

Purchase Details

Closed on
Feb 20, 2002
Sold by
Peterson Richard D and Peterson Glenda
Bought by
Peterson Richard D and Peterson Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,990
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Feb 8, 2002
Sold by
Schull Vikki L Peterson
Bought by
Peterson Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,990
Interest Rate
6.95%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Warranty Deed $45,000 Realty Title
Quit Claim Deed -- Real Estate Title Services
Interfamily Deed Transfer -- Transcontinental Title Compa
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,990 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $125,000 +177.8% $7 / Sq Ft
08/09/2016 08/09/16 Sold $45,000 0.0% $30 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $45,000 -- $30 / 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 $763 $46,560 $2,800 $43,760
2024 $763 $22,520 $2,280 $20,240
2023 $1,372 $22,520 $2,280 $20,240
2022 $1,372 $22,520 $2,280 $20,240
2021 $1,388 $22,520 $2,280 $20,240
2020 $1,820 $25,120 $2,280 $22,840
2019 $1,820 $25,120 $2,280 $22,840
2018 $1,820 $25,120 $2,280 $22,840
2017 $1,032 $25,120 $2,280 $22,840
2016 $1,066 $24,400 $0 $0
2014 $1,066 $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982116

Memphis Area Association of REALTORS®

APN: 06-9030-0-0002