NOT LISTED FOR SALE
18 Beds
-- Bath
6,516 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: June 1, 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 1, 2020
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jimmie Hopson
Crye-Leike, Inc., REALTORS
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,575 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073485

Memphis Area Association of REALTORS®
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