NOT LISTED FOR SALE
62 Beds
-- Baths
-- Sq Ft
2.55 Acre Lot

Sale Details

Date Sold: June 18, 2021

Last sale price $1,148,900

194 Days on Market

Highlights

  • 2.55 Acre Lot
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Balcony

About This Home

As of June 2021

Located within a Single Family Residential Neighborhood Cul-de-Sac. This Apartment Community includes a mix of 1,2,3 bedroom units near the Berclair area. Washer / Dryer Connections, Central Heat / Air, Individually Metered. Buildings onsite include: 4 Apartment Buildings + 1 Fire Apartment Building that could be rebuilt as a Self-Storage Building for a Value Add, Office Building, and Storage Building with Electricity. Do not disturb tenants / community Thank you!

Last Agent to Sell the Property

Leslie Pickett

BHHS Taliesyn Realty License #338239 Listed on: 11/04/2020

BHHS Taliesyn Realty

Last Buyer's Agent

Leslie Pickett

BHHS Taliesyn Realty License #338239 Listed on: 11/04/2020

BHHS Taliesyn Realty
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Lot Details

  • 2.55

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Flooring

  • Laminate
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Balcony
  • 2.55 Acre Lot

Community Details

  • 4 Buildings
  • 30 Units
  • The Oaks Subdivision

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • Assessor Parcel Number 062056 00163

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

2.55 Acres

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MAAR Subdivision Name: OAKS (THE)
  • Year Built: 1972
  • Construction: Brick, Wood/Composition
  • List Price Per Unit: 45000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Vinyl Floor, Wood Laminate Floors

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Association/Amenities

  • Amenities: Balcony/Patio

Lot Info

  • Lot Number: 2
  • Acreage: 2.55
  • Lot Size: 111078 SF 251 X 327

Rental Info

  • Actual Annual Rent: 201540
  • Tenant Pays: Electric, Trash Collection
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 062056 00163

Multi Family

  • Perc Occ: 93
  • Total Number Of Units: 30
  • Number2 Bedroom Units: 12
  • Number3 Bedroom Units: 10
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath, 3 BR - 1 Bath, 3 BR - 1+ Baths

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
Oct 31, 2025
Sold by
Abdullah Arshad
Bought by

Purchase Details

Closed on
May 1, 2023
Sold by
Jackson Heights Llc
Bought by
Abdullah Arshad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jun 17, 2021
Sold by
Murdoch Mark A
Bought by
Jackson Heights Llc
Seller's Agent
Leslie Pickett
BHHS Taliesyn Realty
Buyer's Agent
Leslie Pickett
BHHS Taliesyn Realty
List Price
$1,350,000
Sold Price
$1,148,900
Premium/Discount to List
-$201,100
-14.9%

Purchase Details

Closed on
Jun 24, 2004
Sold by
Kleyman Real Estate
Bought by
Murdoch Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 1999
Sold by
Ayres Mildred W
Bought by
Kleyman Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
Abdullah Arshad $4,000,000 None Listed On Document
Jackson Heights Llc $1,148,900 Executive Ttl & Closing Inc
Murdoch Mark A $1,100,000 --
Kleyman Llc $550,000 Southern Escrow Title Compan
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
Previous Owner $650,000
Previous Owner Abdullah Arshad $2,800,000
Previous Owner Murdoch Mark A $109,000
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
06/18/2021 06/18/21 Sold $1,148,900 -14.9% --
11/04/2020 11/04/20 For Sale $1,350,000 -- --
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 $22,662 $842,440 $69,240 $773,200
2024 -- $443,560 $62,200 $381,360
2023 $18,275 $300,000 $62,200 $237,800
2022 $18,275 $300,000 $62,200 $237,800
2021 $32,114 $443,560 $62,200 $381,360
2020 $8,695 $120,000 $62,200 $57,800
2019 $3,835 $120,000 $62,200 $57,800
2018 $3,835 $120,000 $62,200 $57,800
2017 $6,606 $201,920 $62,200 $139,720
2016 $5,943 $136,000 $0 $0
2014 $5,943 $136,000 $0 $0
Source: Public Records

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088263

Memphis Area Association of REALTORS®
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