NOT LISTED FOR SALE

Estimated Value: $301,000 - $425,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $250,000 $179 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,340/month

Highlights

  • Some Wood Windows
  • Brick Veneer
  • Central Heating
  • White Station High Rated A
  • Laundry closet
  • Partially Carpeted

About This Home

As of July 2023

Great Triplex close to U of M! The 3 bedroom upstairs 1 bath unit in a desirable neighborhood (Buntyn Historic District)is available.Only a half a mile from the University of Memphis, off Central Avenue and near Highland. Convenient to shopping, the movie theater and entertainment. Central heat & Air. Tiled floors in kitchen and bath. Separate dining room. Stainless stove, refrigerator, dishwasher, and microwave. Compact Washer/Dryer and microwave. Separate entrance and exit. "Owner Agent"!

Last Agent to Rent the Property

Saeed Nia

Crye-Leike Commercial License #262340 Listed on: 05/24/2023

Crye-Leike Commercial

Last Renter's Agent

Saeed Nia

Crye-Leike Commercial License #262340 Listed on: 05/24/2023

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x197
  • Level Lot

Parking

  • Driveway

Home Design

  • Triplex
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Partially Carpeted
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Dobson Smith Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045105 00050

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Triplex - Inc
  • MAAR Subdivision Name: DOBSON & SMITH
  • Number Of Stories: 1.5
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Washer, Dryer
  • Misc Interior: Smoke Detector(s)
  • Other Rooms: Laundry Closet

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.22
  • Lot Size: 50X197

Tax Info

  • Assessor Parcel Number: 045105 00050

Multi Family

  • Total Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Nia Saeed E and Nia Marcelle Z
Bought by
Nia Revocable Living Trust
Current Estimated Value
$382,740

Purchase Details

Closed on
Dec 11, 2020
Sold by
Babb Christopher K
Bought by
Nia Marcelle Zarsheas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2016
Closed on
Dec 29, 2016
Sold by
Young James H and Young Joann Berry
Bought by
Babb Christopher K
Seller's Agent
Steve Woodyard
Woodyard Realty Corp
Buyer's Agent
Elizabeth Nowlin
Sowell, Realtors
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$243,016
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2004
Sold by
Young James H
Bought by
Young James H and Young Joann Berry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Young Anna C
Bought by
Young James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2003
Sold by
Young Anna C
Bought by
Young Anna C and Young James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,215
Interest Rate
5.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2003
Sold by
Caylor Charlotte S
Bought by
Young Anna C
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
Nia Revocable Living Trust -- --
Nia Saeed E -- --
Nia Marcelle Zarsheas $290,000 None Available
Babb Christopher K $247,500 Tri State Title Llc
Young James H -- --
Young James H -- --
Young James H -- --
Young Anna C -- --
Young Anna C $181,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nia Marcelle Zarsheas $217,500
Previous Owner Babb Christopher K $243,016
Previous Owner Young James H $167,000
Previous Owner Young James H $94,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Rented $1,300 0.0% --
06/28/2023 06/28/23 Under Contract -- -- --
06/23/2023 06/23/23 Price Changed $1,300 -1.9% $1 / Sq Ft
06/17/2023 06/17/23 Price Changed $1,325 +1.9% $1 / Sq Ft
05/27/2023 05/27/23 Price Changed $1,300 -3.7% $1 / Sq Ft
05/24/2023 05/24/23 For Rent $1,350 0.0% --
12/29/2016 12/29/16 Sold $250,000 0.0% $79 / Sq Ft View Prior Sale
12/03/2016 12/03/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $250,000 -- $79 / 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 $3,923 $143,360 $20,000 $123,360
2024 $3,923 $115,720 $12,720 $103,000
2023 $7,049 $115,720 $12,720 $103,000
2022 $7,049 $115,720 $12,720 $103,000
2021 $7,132 $115,720 $12,720 $103,000
2019 $3,126 $97,800 $12,720 $85,080
2018 $1,954 $61,125 $7,950 $53,175
2017 $2,000 $61,125 $7,950 $53,175
2016 $3,519 $80,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148588

Memphis Area Association of REALTORS®

APN: 04-5105-0-0050

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