NOT LISTED FOR SALE

Estimated Value: $159,000 - $173,000

9 Beds
5 Baths
2,520 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $30,604 $12 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $943/month

57 Days on Market

About This Home

As of April 2015

GREAT INVESTMENT OPPORTUNITY! Multi unit home would be a great opportunity for investors looking to purchase a home for a rental property. Located in an established neighborhood with other multi unit homes, convenient to amenities. Each unit features spacious living rm, eat-in kitchen & spacious bdrms. REO PROPERTY-BANK OWNED. PROPERTY SOLD AS IS. Listing Broker & Seller assume no responsibility & make no guarantees, warranties/representations as to accuracy of the property information/Photos.

Last Agent to Sell the Property

Georgia Landry

Trek Property Management License #286174 Listed on: 02/04/2015

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

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

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Tile

Community Details

  • 2 Units
  • Heritage Colony 1St Addn Sec B 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 I00026

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD SEC B-1
  • Freestanding: Yes
  • List Price Per Sq Ft: 13
  • Number Of Stories: 2
  • Estimated Sq Ft: 2520
  • Year Built: 1974
  • Construction: Brick, Vinyl Siding
  • List Price Per Unit: 15850
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Wall to Wall Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Public Water, Public Sewer

Lot Info

  • Lot Number: 158
  • Acreage: 0.22
  • Lot Size: 75 X 130

Tax Info

  • Assessor Parcel Number: 093417 I00026

Multi Family

  • Total Number Of Units: 2
  • Number2 Bedroom Units: 3
  • Number Efficiency Studio Units: 2
  • Type of Unit: 3 BR - 1+ Baths

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Moku Real Estate Partnership Llc
Bought by
Island Home Llc
Current Estimated Value
$166,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Outstanding Balance
$122,780
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$43,358

Purchase Details

Closed on
Nov 10, 2016
Sold by
Dobbins John
Bought by
Moku Real Estate Partnership Llc

Purchase Details

Listed on
Feb 4, 2015
Closed on
May 11, 2015
Sold by
Deutsche Bank Trust Company Americas
Bought by
Dobbins John
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$55,120
Sold Price
$30,604
Premium/Discount to List
-$24,516
-44.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Moore Trena and Moore Johnnie
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 21, 2005
Sold by
Mcgowan Allan
Bought by
Moore Johnnie and Moore Trena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 23, 2000
Sold by
Sullivan Michael Lee
Bought by
Sanders Odell

Purchase Details

Closed on
Oct 1, 1999
Sold by
Brown Dwan A and Brown Venesia G
Bought by
Residential Funding Corp
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
Island Home Llc -- Executive Title & Closing
Moku Real Estate Partnership Llc -- None Available
Dobbins John $29,000 None Available
Deutsche Bank National Trust Co $56,000 None Available
Moore Johnnie $90,000 --
Sanders Odell $30,000 American Title Co
Sanders Odell $30,000 American Title Co
Residential Funding Corp $75,000 --
Residential Funding Corp $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Island Home Llc $123,000
Previous Owner Moore Johnnie $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2015 04/28/15 Sold $30,604 -44.5% $12 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $55,120 -- $22 / 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 $959 $58,880 $8,600 $50,280
2024 $959 $28,280 $5,400 $22,880
2023 $1,723 $28,280 $5,400 $22,880
2022 $1,723 $28,280 $5,400 $22,880
2021 $1,743 $28,280 $5,400 $22,880
2020 $1,855 $25,600 $5,400 $20,200
2019 $1,855 $25,600 $5,400 $20,200
2018 $1,855 $25,600 $5,400 $20,200
2017 $1,052 $25,600 $5,400 $20,200
2016 $699 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9944537

Memphis Area Association of REALTORS®

APN: 09-3417-I0-0026

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