NOT LISTED FOR SALE

Estimated Value: $150,000 - $165,000

6 Beds
4 Baths
2,459 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2022

Last sale price $143,000 $58 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $958 / mo

About This Home

As of March 2022

Fully rented duplex for sale in 38118. Professionally managed. Being marketed to investors only. SATISFIES THE 1% RULE, Brick exterior, Central Air, HUGE 3 BDR/2Bath on each side. Both sides rented, total rent is $1,415 & lease end dates: 3245( 8/31/22) and 3247 (6/30/22). Market rent is $850 per side. New roof 2020 & remodeled baths in one unit. Tenant payment & repair history, lease & ledger info, & maintenance history available. Do not disturb tenant. No showings without accepted offer.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 1970

Home Design

  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Property has 3 Levels
  • Central Heating and Cooling System

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Total Actual Rent $1,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,828

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Other
  • Total Bedrooms: 6
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 65X127 / 0.19
  • Lot Size Units: Acres
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Total Actual Rent: 1415

Tax Info

  • Tax Annual Amount: 2828

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 16, 2022
Sold by
Loraditch Cris W
Bought by
List Price
$134,900
Sold Price
$143,000
Premium/Discount to List
$8,100
6%
Current Estimated Value
$156,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,628
Avg. Annual Appreciation
2.06%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Feb 26, 2020
Sold by
Jps Assets Llc
Bought by
Loraditch Cris W
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.57%
Original Mortgage
$60,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2014
Closed on
Apr 4, 2014
Sold by
Lofton Michael
Bought by
Jps Assets Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Terri Faulkner
Reedy & Company, REALTORS
List Price
$54,900
Sold Price
$47,900
Premium/Discount to List
-$7,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Warmbrod Donald F and Warmbrod Diane R
Bought by
Lofton Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$143,000 Memphis Title
Loraditch Cris W $80,000 Realty Title
Jps Assets Llc $47,900 None Available
Lofton Michael $50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $60,000
Previous Owner Lofton Michael $42,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $134,900 +58.7% $55 / Sq Ft
01/14/2026 01/14/26 For Sale $85,000 -40.6% $35 / Sq Ft
03/16/2022 03/16/22 Sold $143,000 0.0% $58 / Sq Ft
03/16/2022 03/16/22 Sold $143,000 +6.0% $55 / Sq Ft View Prior Sale
02/14/2022 02/14/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $134,900 +68.6% $52 / Sq Ft
02/24/2020 02/24/20 Sold $80,000 0.0% $33 / Sq Ft View Prior Sale
02/24/2020 02/24/20 Sold $80,000 -5.9% $31 / Sq Ft View Prior Sale
02/24/2020 02/24/20 Pending -- -- --
01/26/2020 01/26/20 Pending -- -- --
11/10/2019 11/10/19 For Sale $85,000 +77.5% $33 / Sq Ft
04/07/2014 04/07/14 Sold $47,900 -12.8% $18 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $54,900 -- $21 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,519 $56,480 $5,200 $51,280
2024 $1,328 $39,160 $3,800 $35,360
2023 $2,385 $39,160 $3,800 $35,360
2022 $2,385 $39,160 $3,800 $35,360
2021 $1,351 $39,160 $3,800 $35,360
2020 $1,814 $25,040 $3,800 $21,240
2019 $800 $25,040 $3,800 $21,240
2018 $800 $25,040 $3,800 $21,240
2017 $819 $25,040 $3,800 $21,240
2016 $1,253 $28,680 $0 $0
2014 $1,253 $28,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC3086961

Realtracs

APN: 07-3041-F0-0023

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