NOT LISTED FOR SALE
5 Beds
5 Baths
2,320 Sq Ft
0.25 Acres

Last Sold April 01, 2022

Last sale price $230,000 $99 Per Sq Ft

9 Days on Market

Highlights

  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of April 2022

Tremendous income potential! Currently being used as a boarding house. Main home rents for $975 per month, addition to the main home rents for $450 per month, three rear apartments renting for a total of $950 per month. You do the math! Do not disturb tenants. No showings until a contract is in place. Proof of funds required. Earnest money payable to and held by Griffin, Clift, Everton and Maschmeyer. Email all offers to glossonbeth@gmail.com. **OFFER DEADLINE IS NOON ON 3/24*

Last Agent to Sell the Property

Houston Richmond

C21 Patterson & Assoc. Real Es License #325750 Listed on: 02/04/2022

C21 Patterson & Assoc. Real Es

Last Buyer's Agent

Anna Acosta Snyder

Centric Realty LLC License #357277

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 73x150

Parking

  • Gravel Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 038042 00030

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Highland Heights Blk 12 Subdivision

Building Details

  • Utility Expense $5,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MAAR Subdivision Name: HIGHLAND HEIGHTS BLK 12
  • Freestanding: Yes
  • List Price Per Sq Ft: 108
  • Number Of Stories: 1
  • Estimated Sq Ft: 2320
  • Year Built: 1919
  • List Price Per Unit: 62500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Cooling Systems: Central
  • Heating Systems: Central, Gas

Lot Info

  • Lot Number: 1
  • Acreage: 0.25
  • Lot Size: 73X150

Tax Info

  • Assessor Parcel Number: 038042 00030

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 1
  • Type of Unit: Unfurnished

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $69,500 -69.8% $29 / Sq Ft
04/01/2022 04/01/22 Sold $230,000 -8.0% $99 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $250,000 +10.6% $108 / Sq Ft
10/13/2021 10/13/21 Sold $226,000 0.0% $97 / Sq Ft View Prior Sale
09/17/2021 09/17/21 For Sale $226,000 +222.9% $97 / Sq Ft
04/09/2021 04/09/21 Sold $70,000 0.0% $29 / Sq Ft View Prior Sale
04/09/2021 04/09/21 Sold $70,000 +0.7% $32 / Sq Ft View Prior Sale
04/05/2021 04/05/21 Pending -- -- --
03/26/2021 03/26/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $69,500 +6.1% $32 / Sq Ft
05/20/2019 05/20/19 Sold $65,500 0.0% $33 / Sq Ft View Prior Sale
04/15/2019 04/15/19 Price Changed $65,500 +0.8% $33 / Sq Ft
03/18/2019 03/18/19 Price Changed $65,000 -2.3% $33 / Sq Ft
03/03/2019 03/03/19 Price Changed $66,500 -7.0% $33 / Sq Ft
11/20/2018 11/20/18 Price Changed $71,500 -1.4% $36 / Sq Ft
10/25/2018 10/25/18 Price Changed $72,500 -54.7% $36 / Sq Ft
10/08/2018 10/08/18 For Sale $160,000 -- $80 / 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 $871 $94,760 $8,760 $86,000
2024 $871 $25,680 $1,800 $23,880
2023 $1,564 $25,680 $1,800 $23,880
2022 $1,564 $25,680 $1,800 $23,880
2021 $697 $25,680 $1,800 $23,880
2020 $2,604 $48,280 $1,800 $46,480
2019 $511 $15,975 $1,125 $14,850
2018 $1,543 $48,280 $9,840 $38,440
2017 $1,579 $48,280 $9,840 $38,440
2016 $1,975 $45,200 $0 $0
2014 $1,975 $45,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10116945

Memphis Area Association of REALTORS®