NOT LISTED FOR SALE

Estimated Value: $147,000 - $180,655

4 Beds
2 Baths
2,410 Sq Ft
$66/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $95,000 $39 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $915/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Brick Veneer
  • Dining Area
  • Vinyl Flooring

About This Home

As of July 2020

This duplex has large 2 bedroom units. They have central heating and a/c and laundry connections. Property priced to generate sufficient positive cash flow. Buy as a rental property, and generate extra cash while you're building equity, OR rent one side and live in the other rent-free. The scheduled monthly income is 1300 a month.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/30/2020

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/30/2020

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 130
  • Level Lot

Home Design

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

Interior Spaces

  • 2,410 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Vinyl Flooring

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Heritage Colony 1St Addn Rev Blk B Subdivision
  • Insurance Expense $1,195

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 093417 E00013

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3752
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK B
  • Freestanding: Yes
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Estimated Sq Ft: 2410
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 2400-2599

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 148
  • Acreage: 0.23
  • Lot Size: 80 X 130

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 093417 E00013

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jul 29, 2020
Sold by
Behnan Maximos
Bought by
Moku Real Estate Partnershiop Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%
Current Estimated Value
$159,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,914
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Mar 29, 2007
Sold by
Yates Stephen K and Yates Lydia R
Bought by
Behnan Maximos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.18%
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
Moku Real Estate Partnershiop Llc $95,000 Executive Title & Closing In
Behnan Maximos $90,000 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Behnan Maximos $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $95,000 -12.8% $39 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $109,000 -- $45 / 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 $990 $64,560 $8,600 $55,960
2024 $990 $29,200 $5,400 $23,800
2023 $1,779 $29,200 $5,400 $23,800
2022 $1,779 $29,200 $5,400 $23,800
2021 $1,800 $29,200 $5,400 $23,800
2020 $1,190 $16,425 $3,375 $13,050
2019 $525 $16,425 $3,375 $13,050
2018 $525 $16,425 $3,375 $13,050
2017 $537 $16,425 $3,375 $13,050
2016 $681 $15,575 $0 $0
2014 $681 $15,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075834

Memphis Area Association of REALTORS®

APN: 09-3417-E0-0013