NOT LISTED FOR SALE
18 Beds
-- Bath
6,516 Sq Ft
13,939 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $245,000 $38 Per Sq Ft

25 Days on Market

Highlights

  • 0.32 Acre Lot
  • Vinyl Flooring
  • 5-minute walk to Gaston Park
  • Floor Furnace

About This Home

As of June 2020

This 9 unit building is located just south of Booming Downtown Memphis! The units are all 2 BR. The total scheduled monthly income is 3285.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 03/23/2020

Crye-Leike Commercial

Last Buyer's Agent

Jimmie Hopson

Crye-Leike, Inc., REALTORS License #242726

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 100 x 140

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 6,516 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Free-Standing Range

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 013044 00005C

Community Details

Overview

  • 9 Units
  • Washington Heights Blk 7 Subdivision

Building Details

  • Insurance Expense $2,699
  • Utility Expense $600
  • Operating Expense $9,471

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0.32 Acres

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 7
  • Freestanding: Yes
  • List Price Per Sq Ft: 41
  • Number Of Stories: 2
  • Estimated Sq Ft: 6516
  • Year Built: 1966
  • Construction: Brick/Veneer
  • List Price Per Unit: 29444.44
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Floor Furnace

Lot Info

  • Lot Number: 28 and 29
  • Acreage: 0.32
  • Lot Size: 100 X 140
  • Improved Sq Ft: 6516
  • Land Sq Ft: 14000

Rental Info

  • Actual Annual Rent: 37450
  • Leaseable Sq Ft: 6516
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 013044 00005C

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 9
  • Number2 Bedroom Units: 9
  • Type of Unit: 2 BR - 1 Bath
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

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $245,000 -7.5% $38 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $265,000 -- $41 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,531 $95,720 $8,360 $87,360
2024 $3,531 $104,160 $7,720 $96,440
2023 $6,345 $104,160 $7,720 $96,440
2022 $6,345 $104,160 $7,720 $96,440
2021 $3,594 $104,160 $7,720 $96,440
2020 $2,374 $32,760 $7,720 $25,040
2019 $1,047 $32,760 $7,720 $25,040
2018 $1,047 $32,760 $7,720 $25,040
2017 $1,072 $32,760 $7,720 $25,040
2016 $1,362 $31,160 $0 $0
2014 $1,362 $31,160 $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: 10073485

Memphis Area Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.