$155,000
SOLD SEP 16, 2025
4 Beds
2 Baths
1,531 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property

About This Home

As of September 2025

Cash-Flowing Duplex in 38122! One side rented at $895/mo, the other side is being marketed for $895. Property had a renovation done in 2022. Rent ready Reno done on one side in 2025. No showings without accepted offer.

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 07/24/2025

Last Buyer's Agent

Joseph Johnson

BEST Real Estate Company License #347391

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x100
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property

Utilities

  • Window Unit Cooling System

Community Details

  • Highland Heights Blk 16 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 038038 00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3153
  • MLS Map #: 753.
  • MAAR Subdivision Name: Highland Heights Blk 16
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 101.24
  • Estimated Sq Ft: 1531
  • Year Built: 1962
  • List Price/ Sq Ft: 104
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit

Lot Info

  • Lot Description: Level
  • Lot Size: 50x100
  • Geo Subdivision: TN

Rental Info

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

Tax Info

  • Assessor Parcel Number: 038038 00010

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2025
Closed on
Sep 10, 2025
Sold by
Bjp-Ira Investments Llc
Bought by
Rappleyea Sean
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Joseph Johnson
BEST Real Estate Company
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.50%
Original Mortgage
$114,700
Outstanding Balance
$114,700
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$42,632

Purchase Details

Closed on
Nov 15, 2021
Sold by
Thomas Donald J
Bought by
Bjp Ira Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Ellers Wayne Vincent
Bought by
Thomas Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.66%
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 Type Sale Price Title Company
Warranty Deed $62,250 None Available
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,400 Future Advance Clause Open End Mortgage
Previous Owner $48,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Sold $155,000 -3.1% $101 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $159,900 0.0% $104 / Sq Ft
07/18/2025 07/18/25 Rented $895 0.0% --
06/09/2025 06/09/25 Price Changed $895 -10.5% $1 / Sq Ft
01/22/2025 01/22/25 For Rent $1,000 -- --
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 $655 $29,800 $4,400 $25,400
2024 $655 $19,320 $1,800 $17,520
2023 $1,177 $19,320 $1,800 $17,520
2022 $1,177 $19,320 $1,800 $17,520
2021 $744 $12,075 $1,125 $10,950
2020 $763 $10,525 $1,125 $9,400
2019 $336 $10,525 $1,125 $9,400
2018 $336 $10,525 $1,125 $9,400
2017 $344 $10,525 $1,125 $9,400
2016 $520 $11,900 $0 $0
2014 $520 $11,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10201969

Memphis Area Association of REALTORS®

APN: 03-8038-0-0010