NOT LISTED FOR SALE

Estimated Value: $164,000 - $178,000

3 Beds
2 Baths
2,488 Sq Ft
$69/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $61,000 $25 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $974/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Brick Veneer
  • 1-Story Property

About This Home

As of May 2018

Well maintained and professionally managed rental propety with great tenants. Monthly income is set at $1425 per month. Submit all offers CONTINGENT UPON INSPECTION!!! DO NOT DISTURB TENANTS!!!!

Last Agent to Sell the Property

Duane Kinnard

Tri-Leake Realty License #335044 Listed on: 03/05/2018

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044 Listed on: 03/05/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 130
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Heritage Colony 1St Addn Sec B 1 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 093417 I00029

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3719
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD SEC B-1
  • Freestanding: Yes
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Estimated Sq Ft: 2488
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Miscellaneous Interior: All Window Treatments

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 161
  • Acreage: 0.22
  • Lot Size: 75 X 130

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 093417 I00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 11, 2018
Sold by
Remy Holdings L P
Bought by
Sassons Suns Real Estate Tennessee Llc
Seller's Agent
Duane Kinnard
Tri-Leake Realty
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$75,000
Sold Price
$61,000
Premium/Discount to List
-$14,000
-18.67%
Current Estimated Value
$172,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,151
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
May 23, 2006
Sold by
Johnson Eunice Fay
Bought by
Pac Perl Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
Thomas Beufford Hal and Johnson Eunice Fay
Bought by
Johnson Eunice Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
8.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sassons Suns Real Estate Tennessee Llc $62,000 Nexus Title & Escrow Llc
Pac Perl Llc $50,000 None Available
Johnson Eunice Fay -- First National Financial Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Eunice Fay $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $61,000 -18.7% $25 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $75,000 -- $30 / 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 $952 $65,760 $8,600 $57,160
2024 $952 $28,080 $5,400 $22,680
2023 $1,711 $28,080 $5,400 $22,680
2022 $1,711 $28,080 $5,400 $22,680
2021 $2,033 $28,080 $5,400 $22,680
2020 $1,959 $27,040 $5,400 $21,640
2019 $864 $27,040 $5,400 $21,640
2018 $864 $27,040 $5,400 $21,640
2017 $885 $27,040 $5,400 $21,640
2016 $1,126 $25,760 $0 $0
2014 $1,126 $25,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021620

Memphis Area Association of REALTORS®

APN: 09-3417-I0-0029