NOT LISTED FOR SALE

387 Pope St Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $82,000 - $93,000

2 Beds
1 Bath
1,328 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $80,458 $61 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $494/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of May 2024

Sold only as group of 6 duplexes for $510,000.00. Will not split up. As is-All cash. Low below market rents. Long term tenants. All duplexes owned by same family since construction. See docs and use our TAR forms. Do not disturb tenants. Contract contingent upon viewing after fully accepted offer. Seller's atty to hold EM. No blind offers, now wholesaler or assignment of contract offers will be accepted. This duplex is 100% occupied. Tenant furnishes air and appliances.

Last Agent to Sell the Property

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 04/04/2024

Last Buyer's Agent

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 04/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1961

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Eat-In Kitchen

Utilities

  • Heating System Uses Gas

Community Details

  • Betty Rhea Re Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 044026 00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$534

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: VANDALIA
  • Second Address Number: 389
  • MLS Map #: 754B
  • MAAR Subdivision Name: BETTY RHEA
  • Number Of Stories: 1
  • Price Per Sq Ft: 60.59
  • Estimated Sq Ft: 1328
  • Year Built: 1961
  • List Price/ Sq Ft: 64
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances Equipment: Smoke Detector(s)
  • Miscellaneous Interior: Unknown

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Gas

Lot Info

  • Lot Number: 2
  • Acreage: 0.11
  • Lot Size: 50X100
  • Price Per Acre: 772727

Rental Info

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

Tax Info

  • Assessor Parcel Number: 044026 00006

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Ck Rose Investments Llc
Bought by
Cardigan Investment Llc
Current Estimated Value
$82,000

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 10, 2024
Sold by
Donna K Hanover Living Trust and Karen K Wener Family Trust
Bought by
Ck Rose Investments Llc
Seller's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
Buyer's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
List Price
$85,000
Sold Price
$80,458
Premium/Discount to List
-$4,542
-5.34%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.14%
Original Mortgage
$602,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2021
Sold by
Hanover Donna K
Bought by
Hanover Jeffrey P and Donna K Hanover Living Trust

Purchase Details

Closed on
Jun 11, 2009
Sold by
Wener Karen K
Bought by
Wener Karen K and Karen K Wener Revocable Trust
Source: Public Records

Range of Values:

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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
Cardigan Investment Llc -- None Listed On Document
Ck Rose Investments Llc $482,750 Nexus Title & Escrow
Hanover Jeffrey P -- None Available
Wener Karen K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ck Rose Investments Llc $602,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $80,458 -5.3% $61 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $85,000 -- $64 / 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 $534 $19,760 $4,400 $15,360
2024 $534 $15,760 $2,400 $13,360
2023 $534 $15,760 $2,400 $13,360
2022 $960 $15,760 $2,400 $13,360
2021 $544 $15,760 $2,400 $13,360
2020 $994 $13,720 $2,400 $11,320
2019 $438 $13,720 $2,400 $11,320
2018 $438 $13,720 $2,400 $11,320
2017 $449 $13,720 $2,400 $11,320
2016 $533 $12,200 $0 $0
2014 $533 $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JILL BERRY

    J.D. Marks, Inc., REALTORS

    (901) 335-9083

    7 in this area

    26 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169338

Memphis Area Association of REALTORS®

APN: 04-4026-0-0006

Tennessee Shelby County Memphis 38112 Binghampton

387 Pope St, Memphis, TN

This home is located at 387 Pope St, Memphis, TN 38112 since 04 April 2024 and is currently estimated at $88,333, approximately $66 per square foot. This property was built in 1961. 387 Pope St is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Douglass High School.

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