NOT LISTED FOR SALE

Estimated Value: $160,449

3 Beds
2 Baths
2,802 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2023

Last sale price $125,000 $45 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,004 / mo

57 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System
  • Separate Formal Living Room

About This Home

As of June 2023

Cashflowing duplex in established investor area - rented for $1592/month combined, market rents are $950/unit! Some new windows, well-maintained and already occupied to get you up and running right out of the gate. Seller is preferring cash-only offers due to small leak under foundation - loan offers must waive appraisal contingencies to be considered. Tenant occupied, do not disturb tenants. No showings until accepted contract. No wholesaler/assignable offers.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 03/29/2023

Last Buyer's Agent

Bryan Whitaker

BHHS McLemore & Co. Realty License #363291

BHHS McLemore & Co. Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 38x186

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room

Outdoor Features

  • Cove

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Heritage Colony Rev 1St Addn Blk C Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 093417 F00131

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3756
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK C
  • Freestanding: Yes
  • List Price Per Sq Ft: 48
  • Number Of Stories: 2
  • Estimated Sq Ft: 2802
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Entire Duplex Sq Ft: 2800-2999

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Cove
  • Lot Number: 416
  • Acreage: 0.16
  • Lot Size: 38X186

Rental Info

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

Tax Info

  • Assessor Parcel Number: 093417 F00131

Multi Family

  • Perc Occ: 100

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

Closed on
Mar 27, 2024
Sold by
Bought by
Current Estimated Value
$160,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$24,281
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$136,168

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 2, 2023
Sold by
Bought by
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Bryan Whitaker
BHHS McLemore & Co. Realty
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Aug 25, 2021
Sold by
Bought by
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Aug 18, 2021
Sold by
Bought by
List Price
$110,000
Sold Price
$110,000

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 10, 2020
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
List Price
$95,000
Sold Price
$76,000
Premium/Discount to List
-$19,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.95%
Original Mortgage
$57,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
6.85%

Purchase Details

Closed on
Feb 10, 2000
Sold by
Bought by
Source: Public Records
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

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
$140,000 Titan Title Company
$125,000 Edco Title & Closing Services
$110,000 Home Surety T&E Llc
$110,000 Nexus Title & Escrow
$76,000 None Available
-- None Available
$22,500 None Available
$19,800 None Available
$115,000 American Title Co
-- --
-- --
$48,232 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $90,000
Previous Owner $57,000
Previous Owner $92,000
Previous Owner $69,600
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 Prior Sale
06/02/2023 06/02/23 Sold $125,000 -7.3% $45 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $134,900 -15.6% $48 / Sq Ft
03/29/2023 03/29/23 For Sale $159,900 +45.4% $57 / Sq Ft
08/20/2021 08/20/21 Sold $110,000 0.0% $41 / Sq Ft View Prior Sale
08/20/2021 08/20/21 For Sale $110,000 +44.7% $41 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/14/2020 07/14/20 Sold $76,000 -20.0% $27 / Sq Ft View Prior Sale
05/01/2020 05/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $95,000 0.0% $34 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $95,000 -9.5% $34 / Sq Ft
03/13/2020 03/13/20 For Sale $105,000 -- $37 / 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 $1,556 $57,840 $8,600 $49,240
2024 -- $25,920 $5,400 $20,520
2023 $1,579 $25,920 $5,400 $20,520
2022 $1,579 $25,920 $5,400 $20,520
2021 $1,877 $25,920 $5,400 $20,520
2020 $1,904 $26,280 $5,400 $20,880
2019 $840 $26,280 $5,400 $20,880
2018 $840 $26,280 $5,400 $20,880
2017 $860 $26,280 $5,400 $20,880
2016 $1,162 $26,600 $0 $0
2014 $1,162 $26,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144770

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0131

Your Personal Tour Guide

Ask me questions while you tour the home.