NOT LISTED FOR SALE

Estimated Value: $259,000 - $307,000

5 Beds
3 Baths
2,889 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $150,000 $52 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,700/month

About This Home

As of April 2017

All units have washer, dryer, refrigerator and dishwasher. Unfurnished. Across from Chickasaw Country Club. Three units occupied with total rent of $1850 to $1900 per month. Advance notice required.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 05/08/2012

Last Buyer's Agent

Brandon Kamm

Revid Investments, LLC License #297627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,889 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 3 Units
  • Barbara Lee Terrace Re Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 044074 00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,751

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • MLS Map #: 755A
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Freestanding: Yes
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 625000
  • Estimated Sq Ft: 2889
  • Year Built: 1950
  • Construction: Brick/Veneer, Vinyl Siding
  • List Price Per Unit: 53000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: 8 Feet

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 22
  • Acreage: 0.24
  • Lot Size: 70/71.94 X 157/141.86
  • Price Per Acre: 662500

Rental Info

  • Actual Annual Rent: 22320
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 044074 00002

Multi Family

  • Total Number Of Units: 3
  • Number1 Bedroom Units: 1
  • Number2 Bedroom Units: 2
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Apr 6, 2017
Sold by
Crossett Nathan I
Bought by
Ess Investments Llc
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Brandon Kamm
Revid Investments, LLC
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$278,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,333
Avg. Annual Appreciation
7.50%
Original Mortgage
$260,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2004
Sold by
Khmous Talaat and Ozrail Zaid Said
Bought by
Crossett Nathan I

Purchase Details

Closed on
Jul 13, 2001
Sold by
Gary Donald L
Bought by
Khmous Talaat and Ozrail Zaid Said

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ess Investments Llc $150,000 None Available
Crossett Nathan I $150,000 Equity Title & Escrow Co
Khmous Talaat $134,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ess Investments Llc $260,000
Previous Owner Khmous Talaat $107,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $150,000 -5.7% $52 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
05/08/2012 05/08/12 For Sale $159,000 -- $55 / 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 $2,751 $132,960 $22,000 $110,960
2024 $2,751 $81,160 $19,320 $61,840
2023 $4,944 $81,160 $19,320 $61,840
2022 $4,944 $81,160 $19,320 $61,840
2021 $5,002 $81,160 $19,320 $61,840
2020 $4,151 $57,280 $19,320 $37,960
2019 $4,151 $57,280 $19,320 $37,960
2018 $4,151 $57,280 $19,320 $37,960
2017 $2,354 $57,280 $19,320 $37,960
2016 $2,730 $62,480 $0 $0
2014 $2,730 $72,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9993680

Memphis Area Association of REALTORS®

APN: 04-4074-0-0002