NOT LISTED FOR SALE

35 S Rembert St Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $327,121 - $382,000

2 Beds
1 Bath
2,364 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $252,000 $107 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,095/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Patio
  • Wood Flooring
  • Porch
  • Outdoor Storage

About This Home

As of June 2019

Lots of potential in this duplex in the heart of Midtown.3 BR/2 BA UP - 2BR/1BA DOWN - Great for owner/occupant. Comfortable feeling units. 4 off-street parking spaces, back yard, and storage building.

Last Agent to Sell the Property

Joe Spake

NextHome Cornerstone Realty License #259388 Listed on: 05/20/2019

NextHome Cornerstone Realty

Last Buyer's Agent

Christina Morris

Hobson, REALTORS License #327463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 46x192
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Partial Basement
  • Attic Access Panel
  • Termite Clearance
  • Free-Standing Range

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Community Details

  • Bettis Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,275

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Union Ave
  • Second Address Number: 37
  • MLS Map #: 746C
  • MAAR Subdivision Name: Bettis
  • Freestanding: Yes
  • List Price Per Sq Ft: 95
  • Number Of Stories: 2
  • Price Per Sq Ft: 106.6
  • Estimated Sq Ft: 2364
  • Termite Contract: Yes
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Vinyl Floor, Sprayed Ceiling, Textured Ceiling
  • Appliances Equipment: Range/Oven (Freestanding)
  • Miscellaneous Interior: Excl Some Window Treatmnt, Attic Access

Exterior Features

  • Misc Exterior: Porch, Patio, Storage Building, Separate Meters
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Individual System

Lot Info

  • Lot Description: Level
  • Acreage: 0.2
  • Lot Size: 46x192
  • Price Per Acre: 1125000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 24, 2019
Sold by
Jones Regina Shipp
Bought by
Howell Duncan L
Seller's Agent
Joe Spake
NextHome Cornerstone Realty
Buyer's Agent
Christina Morris
Hobson, REALTORS
List Price
$225,000
Sold Price
$252,000
Premium/Discount to List
$27,000
12%
Current Estimated Value
$344,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,530
Avg. Annual Appreciation
5.06%
Original Mortgage
$189,000
Outstanding Balance
$165,840
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$178,690

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 6, 2019
Sold by
Jones William E
Bought by
Jones Regina Shipp
Seller's Agent
Joe Spake
NextHome Cornerstone Realty
Buyer's Agent
Christina Morris
Hobson, REALTORS
List Price
$225,000
Sold Price
$252,000
Premium/Discount to List
$27,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$165,840
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$178,690

Purchase Details

Closed on
May 4, 2001
Sold by
King Cheryl D
Bought by
Durham Eddie
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Howell Duncan L $252,000 None Available
Jones Regina Shipp -- None Available
Durham Eddie $56,379 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Duncan L $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2019 06/25/19 Sold $252,000 +12.0% $107 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $225,000 -- $95 / 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 $3,275 $114,760 $20,400 $94,360
2024 $3,275 $96,600 $16,040 $80,560
2023 $5,885 $96,600 $16,040 $80,560
2022 $5,885 $96,600 $16,040 $80,560
2021 $3,333 $96,600 $16,040 $80,560
2020 $3,991 $55,080 $16,040 $39,040
2019 $2,231 $55,080 $16,040 $39,040
2018 $1,760 $55,080 $16,040 $39,040
2017 $1,802 $55,080 $16,040 $39,040
2016 $1,980 $45,320 $0 $0
2014 $1,980 $45,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Spake

    Seller's Agent in 2019

    Joe Spake

    NextHome Cornerstone Realty

    (901) 870-3440

    3 in this area

    39 Total Sales

    Joe Spake
    Section Image
  • Christina Morris

    Buyer's Agent in 2019

    Christina Morris

    Hobson, REALTORS

    (901) 277-1699

    2 in this area

    64 Total Sales

    Christina Morris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10053081

Memphis Area Association of REALTORS®

APN: 01-7055-0-0035

Tennessee Shelby County Memphis 38104 Midtown Memphis

35 S Rembert St, Memphis, TN

This home is located at 35 S Rembert St, Memphis, TN 38104 since 20 May 2019 and is currently estimated at $344,530, approximately $145 per square foot. This property was built in 1928. 35 S Rembert St is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

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