NOT LISTED FOR SALE

Estimated Value: $105,000 - $167,000

2 Beds
1 Bath
1,524 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $39,500 $26 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $731/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Combination Dining and Living Room
  • Wood Flooring
  • Central Heating and Cooling System
  • Storm Doors

About This Home

As of October 2018

Tenant-occupied duplex. Combined rent of $825/month.

Last Agent to Sell the Property

Sterling Owens

Madison Avenue Realty, LLC License #318560 Listed on: 08/28/2018

Last Buyer's Agent

Van Preston

Bluff City Realty Group, LLC License #301504

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Attic Access Panel
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Highland Heights Blk 11 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance, trash collection
  • Assessor Parcel Number 038026 00005

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: National Street
  • Second Address Number: 3329
  • MAAR Subdivision Name: HIGHLAND HEIGHTS BLK 11
  • Freestanding: Yes
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Estimated Sq Ft: 1524
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Estimated Entire Duplex Sq Ft: 1400-1599
  • Miscellaneous Interior: Attic Access

Exterior Features

  • Exterior Windows: Brick Veneer, Aluminum Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Some Trees
  • Lot Number: SPT 18
  • Acreage: 0.35
  • Lot Size: 100X141.8/141.8

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance, Trash Collection
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 038026 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 29, 2018
Sold by
Akamu Arek Keail
Bought by
Clear Skies Llc
Seller's Agent
Sterling Owens
Madison Avenue Realty, LLC
Buyer's Agent
Van Preston
Bluff City Realty Group, LLC
List Price
$41,500
Sold Price
$39,500
Premium/Discount to List
-$2,000
-4.82%
Current Estimated Value
$130,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,167
Avg. Annual Appreciation
17.94%
Original Mortgage
$50,000
Outstanding Balance
$37,504
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$93,163

Purchase Details

Closed on
Apr 9, 2010
Sold by
Bsbb Llc
Bought by
Akams Arek Keall

Purchase Details

Closed on
Mar 23, 2009
Sold by
Firstbank
Bought by
Rsbb Llc

Purchase Details

Closed on
Oct 3, 2008
Sold by
Neese David
Bought by
Firstbank

Purchase Details

Closed on
Aug 8, 2007
Sold by
South Lola M
Bought by
Neese David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 1997
Sold by
South Ray G and South Lola M
Bought by
South Lola M
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
Clear Skies Llc $39,500 Mid South Title Services
Akams Arek Keall $19,900 Nexus Title & Escrow Llc
Rsbb Llc $14,500 None Available
Firstbank $28,500 None Available
Neese David $25,000 Chicago
South Lola M -- --
South Lola M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clear Skies Llc $50,000
Previous Owner Neese David $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $39,500 -3.7% $26 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $41,000 -1.2% $27 / Sq Ft
08/28/2018 08/28/18 For Sale $41,500 -- $27 / 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 $446 $24,280 $4,400 $19,880
2024 $446 $13,160 $1,800 $11,360
2023 $802 $13,160 $1,800 $11,360
2022 $802 $13,160 $1,800 $11,360
2021 $454 $13,160 $1,800 $11,360
2020 $1,319 $18,200 $1,800 $16,400
2019 $582 $18,200 $1,800 $16,400
2018 $582 $18,200 $1,800 $16,400
2017 $595 $18,200 $1,800 $16,400
2016 $815 $18,640 $0 $0
2014 $815 $18,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10035467

Memphis Area Association of REALTORS®

APN: 03-8026-0-0005