NOT LISTED FOR SALE

Estimated Value: $128,000 - $153,000

4 Beds
4 Baths
2,448 Sq Ft
$58/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $78,000 $32 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $830/month

Highlights

  • Traditional Architecture
  • Step Saver Kitchen Design
  • Level Lot
  • 2 Fireplaces
  • Central Heating and Cooling System

About This Home

As of February 2020

Please provide 24-48 hours notice to view properties. "As Is" Sale. Investors Dream. Well kept duplex for sale with both units currently rented. Property is part of a portfolio of duplexes which can be sold in a bundle or purchased separately. Make offer contingent upon inspection. Do Not Disturb Tenants. Additional MLS #'s are 10065182, 10065184, 10065186, 10065188, 10065189, 10065191, 10065192, 10065195, 10065196. (Total package $1,001,900.) Must be sold with 10065182 and 10065184

Last Agent to Sell the Property

Javonne Grandison

eXp Realty, LLC License #333311 Listed on: 02/02/2020

eXp Realty, LLC

Last Buyer's Agent

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1973

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Step Saver Kitchen Design

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Dalegreen Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 073041 M00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$960

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 772E
  • MAAR Subdivision Name: DALEGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 38
  • Number Of Stories: 2
  • Price Per Sq Ft: 31.86
  • Estimated Sq Ft: 2448
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Fireplaces: 2
  • Miscellaneous Interior: Unknown

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.16
  • Lot Size: Unknown
  • Price Per Acre: 578125

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 073041 M00004

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Feb 7, 2020
Sold by
Nguyen Cong Chi
Bought by
Marathon Real Estate Holdings Llc
Seller's Agent
Javonne Grandison
eXp Realty, LLC
Buyer's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
List Price
$92,500
Sold Price
$78,000
Premium/Discount to List
-$14,500
-15.68%
Current Estimated Value
$141,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,980
Avg. Annual Appreciation
10.47%
Original Mortgage
$175,500
Outstanding Balance
$157,044
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
-$20,552

Purchase Details

Closed on
Feb 27, 2004
Sold by
Tennessee Investment Properties
Bought by
Nguyen Cong Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2000
Sold by
Perkins Aaron
Bought by
Southern Capital Management Llc

Purchase Details

Closed on
Oct 31, 1997
Sold by
Briggs Valerie J
Bought by
Perkins Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,840
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Marathon Real Estate Holdings Llc $234,000 Edco Ttl & Closing Svcs Inc
Nguyen Cong Chi $66,500 --
Southern Capital Management Llc $30,001 --
Perkins Aaron $137,300 Security Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marathon Real Estate Holdings Llc $175,500
Previous Owner Nguyen Cong Chi $53,200
Previous Owner Perkins Aaron $109,840
Closed Perkins Aaron $109,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $78,000 -15.7% $32 / Sq Ft
02/02/2020 02/02/20 For Sale $92,500 -- $38 / 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 $960 $53,680 $5,400 $48,280
2024 $960 $28,320 $3,800 $24,520
2023 $1,725 $28,320 $3,800 $24,520
2022 $1,725 $28,320 $3,800 $24,520
2021 $1,745 $28,320 $3,800 $24,520
2020 $1,736 $23,960 $3,800 $20,160
2019 $766 $23,960 $3,800 $20,160
2018 $766 $23,960 $3,800 $20,160
2017 $784 $23,960 $3,800 $20,160
2016 $1,225 $28,040 $0 $0
2014 $1,225 $28,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070810

Memphis Area Association of REALTORS®

APN: 07-3041-M0-0004