NOT LISTED FOR SALE

358 E Parkway N Memphis, TN 38112

Binghampton Neighborhood
20 Beds
-- Bath
10,464 Sq Ft
0.49 Acres

Last Sold February 10, 2022

Last sale price $1,210,000 $116 Per Sq Ft

Highlights

  • 0.49 Acre Lot
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of February 2022

$1.875 MIL for PACKAGE: 358 E Parkway Ave, 1607/09 Forrest, 102 N Belvedere. SELLER WILL NOT SPLIT PACKAGE*NO SHOWINGS PRIORTO- Make offer contingent upon walk through inspections. DO NOT DISTURB TENANTS. Steal of a deal with potential rental increases! Don’t miss this opportunity! Annual Rent total $196,564- ($137,040 + $14020 +$25200). 100% OCCUPIED. What is seller looking for? Highest and Best offer and a quick closing. Seller put over $400K remodel/updates.

Last Agent to Sell the Property

Fara Captain

Zeitlin Sotheby's Internation License #327698 Listed on: 01/06/2022

Zeitlin Sotheby's Internation

Last Buyer's Agent

Stephanie Taylor

Sowell, Realtors License #295151

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 0.49

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 10,464 Sq Ft Home
  • 2-Story Property

Parking

  • Over 1 Space Per Unit
  • Paved Parking

Additional Features

  • 0.49 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for some utilities, heating, electric, trash collection
  • Assessor Parcel Number 033006 00026C

Community Details

Overview

  • 10 Units
  • Capps Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: CAPPS
  • Freestanding: Yes
  • List Price Per Sq Ft: 119
  • Number Of Stories: 2
  • Estimated Sq Ft: 10464
  • Year Built: 1964
  • Construction: Brick
  • List Price Per Unit: 125000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Slab, Laundry Facility

Garage/Parking

  • Parking Facility: Asphalt/Blacktop, More Than 1 Per Unit

Utilities

  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Common Laundry

Lot Info

  • Lot Number: 1
  • Acreage: 0.49
  • Lot Size: 100/100IRRX244.75/190
  • Zoning: COMM

Rental Info

  • Actual Annual Rent: 137040
  • Tenant Pays: Some Utilities, Heating, Electric, Trash Collection
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 033006 00026C

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 10
  • Number2 Bedroom Units: 10
  • Type of Unit: 2 BR - 1+ Baths

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $1,210,000 -3.2% $116 / Sq Ft
01/06/2022 01/06/22 For Sale $1,250,000 -- $119 / 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 $8,863 $280,160 $36,240 $243,920
2024 $8,863 $261,440 $21,040 $240,400
2023 $15,926 $261,440 $21,040 $240,400
2022 $15,926 $261,440 $21,040 $240,400
2021 $16,113 $261,440 $21,040 $240,400
2020 $9,872 $136,240 $21,040 $115,200
2019 $4,354 $136,240 $21,040 $115,200
2018 $4,354 $136,240 $21,040 $115,200
2017 $4,457 $136,240 $21,040 $115,200
2016 $3,933 $90,000 $0 $0
2014 $3,933 $95,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fara Captain

    Seller's Agent in 2022

    Fara Captain

    Zeitlin Sotheby's Internation

    (901) 500-8034

    5 in this area

    173 Total Sales

    Fara Captain
    Section Image
  • Stephanie Taylor

    Buyer's Agent in 2022

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    1 in this area

    146 Total Sales

    Stephanie Taylor
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115195

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38112 Binghampton

358 E Parkway N, Memphis, TN

Not Listed for Sale

MultiFamily

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