NOT LISTED FOR SALE

378 N Willett St Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $227,621 - $233,000

1 Bed
1 Bath
1,457 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $178,500 $123 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,382/month

5 Days on Market

Highlights

  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Porch
  • Brick Veneer

About This Home

As of June 2018

Fantastic Midtown opportunity, this wonderful Duplex sits right behind the strip center on overton park ave, walk to shopping and dining, fully rented

Last Agent to Sell the Property

Roel Smit

REMAX Experts License #322296 Listed on: 02/20/2018

Last Buyer's Agent

Amanda Lott

BHHS McLemore & Co., Realty License #318728

BHHS McLemore & Co., Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 154
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Brick Veneer
  • Pier And Beam

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • E O Bailey Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 020046 00078

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Bungalow
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 137
  • Number Of Stories: 1
  • Estimated Sq Ft: 1457
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Miscellaneous Interior: Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 17
  • Acreage: 0.17
  • Lot Size: 50 X 154

Rental Info

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

Tax Info

  • Assessor Parcel Number: 020046 00078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
Arian and Justine
Bought by
Dave Arian Revocable Trust
Current Estimated Value
$230,405

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jun 8, 2018
Sold by
378 Willett Llc
Bought by
Arian Alan David
Seller's Agent
Roel Smit
REMAX Experts
Buyer's Agent
Amanda Lott
BHHS McLemore & Co., Realty
List Price
$200,000
Sold Price
$178,500
Premium/Discount to List
-$21,500
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$123,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2018
Sold by
Gp Retirement Ppartners
Bought by
378 Willett Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Sanders Gerald B and Sanders Eula Holmes
Bought by
Retirement Partners Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,312
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Dave Arian Revocable Trust -- Stanley & Rainey Pc
Arian Alan David $170,500 Tri Star Title Llc
378 Willett Llc $130,000 Tri State Title Llc
Retirement Partners Gp $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arian Alan David $123,000
Previous Owner 378 Willett Llc $100,000
Previous Owner Retirement Partners Gp $316,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $178,500 -10.8% $123 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $200,000 -- $137 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,039 $83,720 $25,200 $58,520
2024 $2,039 $60,160 $17,240 $42,920
2023 $3,665 $60,160 $17,240 $42,920
2022 $3,665 $60,160 $17,240 $42,920
2021 $2,076 $60,160 $17,240 $42,920
2020 $2,777 $38,320 $17,240 $21,080
2019 $1,225 $38,320 $17,240 $21,080
2018 $1,225 $38,320 $17,240 $21,080
2017 $1,254 $38,320 $17,240 $21,080
2016 $1,503 $34,400 $0 $0
2014 $1,503 $37,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roel Smit

    Seller's Agent in 2018

    Roel Smit

    RE/MAX

    (901) 304-7827

    36 Total Sales

    Roel Smit
    Section Image
  • Amanda Lott

    Buyer's Agent in 2018

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    13 in this area

    353 Total Sales

    Amanda Lott
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10020769

Memphis Area Association of REALTORS®

APN: 02-0046-0-0078

Tennessee Shelby County Memphis 38112 Midtown Memphis

378 N Willett St, Memphis, TN

Not Listed for Sale

MultiFamily

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