NOT LISTED FOR SALE

Estimated Value: $103,000 - $166,000

4 Beds
2 Baths
1,946 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $105,000 $54 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $700/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating
  • No HOA
  • Cooling Available
  • 2 Car Garage

About This Home

As of September 2024

Investment opportunity in high rental area of Memphis! Cash flowing duplex for sale. Out of state investor is selling to focus on investment properties closer to home. Currently, there is one Tenant Occupied side with 2 year lease. One side was recently been updated. Selling as-is. Cash offers strongly preferred, DO NOT DISTURB, no wholesalers. No sign. No showings without accepted offer and make contract contingent on inspection. Contact listing agent for details.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200

Parking

  • 2 Car Garage
  • Parking Pad

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,946 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Southland Homes Inc Re Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 038039 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1950
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1946
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Parking Pad
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size: 50X200
  • Lot Size Units: Acres
  • Parcel #: 038039 00031

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1321
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 4, 2024
Sold by
3003 Hillmont Llc
Bought by
Mizrahi Real Estate Llc
List Price
$129,000
Sold Price
$105,000
Premium/Discount to List
-$24,000
-18.6%
Views
43
Current Estimated Value
$120,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,624
Avg. Annual Appreciation
13.84%

Purchase Details

Listed on
Oct 5, 2016
Closed on
Dec 27, 2016
Sold by
White Sand Properties Llc
Bought by
Yonas Benjamin and Yonas Ilana
Seller's Agent
David Apperson
McWaters & Associates
Buyer's Agent
David Apperson
McWaters & Associates
List Price
$27,500
Sold Price
$25,500
Premium/Discount to List
-$2,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.12%

Purchase Details

Closed on
Dec 11, 2009
Sold by
Us Bank National Association
Bought by
White Sand Properties Llc

Purchase Details

Closed on
Apr 24, 2009
Sold by
Paris Cristie A
Bought by
Us Bank National Association and J P Morgan Mortgage Acquisition Trust 20

Purchase Details

Closed on
Apr 28, 2006
Sold by
Swims Glen and Swims Johnnie D
Bought by
Paris Cristie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac
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
Mizrahi Real Estate Llc $105,000 None Listed On Document
Yonas Benjamin $25,500 None Available
White Sand Properties Llc $20,000 Fidelity Title & Escrow Inc
Us Bank National Association $48,000 None Available
Paris Cristie A $61,000 Tri State Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paris Cristie A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold $105,000 -18.6% $54 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $129,000 +57.3% $66 / Sq Ft
03/02/2022 03/02/22 Sold $82,000 +17.1% $42 / Sq Ft View Prior Sale
02/11/2022 02/11/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $70,000 +174.5% $36 / Sq Ft
12/21/2016 12/21/16 Sold $25,500 -7.3% $13 / Sq Ft View Prior Sale
12/03/2016 12/03/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $27,500 -- $14 / Sq Ft
Source: Realtracs

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 -- $46,200 $4,400 $41,800
2024 $735 $21,680 $1,800 $19,880
2023 $1,321 $21,680 $1,800 $19,880
2022 $1,321 $21,680 $1,800 $19,880
2021 $1,570 $21,680 $1,800 $19,880
2020 $1,487 $20,520 $1,800 $18,720
2019 $656 $20,520 $1,800 $18,720
2018 $656 $20,520 $1,800 $18,720
2017 $671 $20,520 $1,800 $18,720
2016 $884 $20,240 $0 $0
2014 $884 $20,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3008025

Realtracs

APN: 03-8039-0-0031