NOT LISTED FOR SALE

Estimated Value: $150,000 - $189,000

3 Beds
2 Baths
2,585 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $170,000 $66 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,033/month

15 Days on Market

Highlights

  • 0.41 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Traditional Architecture
  • Wood Fence
  • 1-Story Property

About This Home

As of October 2022

With total renovations done in 2019, this duplex is a great property for investors. Both sides are currently occupied bringing in $1990 a month in total. please do not disturb tenants, showing only after accepted contract. for sale by owner.

Last Agent to Sell the Property

Makale McGhee

Keller Williams License #352246 Listed on: 08/31/2022

Keller Williams

Last Buyer's Agent

Elizabeth Gant

REMAX Experts License #343305

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1968

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 75x205
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,585 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, electric
  • Assessor Parcel Number 073041 F00079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,336

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 4079
  • MAAR Subdivision Name: KNIGHTWOODS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 2585
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Wood Fenced, Chain Fenced
  • Lot Number: 529
  • Acreage: 0.41
  • Lot Size: 75X205

Rental Info

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

Tax Info

  • Assessor Parcel Number: 073041 F00079

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 21, 2022
Sold by
Mcghee Makale D
Bought by
Brinas Propsperities Llc
Seller's Agent
Makale McGhee
Keller Williams
Buyer's Agent
Elizabeth Gant
REMAX Experts
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%
Views
3
Current Estimated Value
$176,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,049
Avg. Annual Appreciation
1.17%
Original Mortgage
$136,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2020
Sold by
Mdm Investments Of Memphis Llc
Bought by
Mcghee Makale D

Purchase Details

Closed on
Apr 10, 2019
Sold by
Move In Investments Inc
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
May 3, 2017
Sold by
County Of Shelby
Bought by
Move In Investment Inc
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
Brinas Propsperities Llc $175,000 --
Mcghee Makale D -- None Available
Mdm Investments Of Memphis Llc -- Baymark T&E Svcs Llc
Move In Investment Inc $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinas Propsperities Llc $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Sold $170,000 -15.0% $66 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $200,000 -- $77 / 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 $1,336 $78,920 $5,200 $73,720
2024 $1,336 $39,400 $3,800 $35,600
2023 $2,400 $39,400 $3,800 $35,600
2022 $2,400 $39,400 $3,800 $35,600
2021 $2,853 $39,400 $3,800 $35,600
2020 $1,478 $20,400 $3,800 $16,600
2019 $288 $9,000 $3,800 $5,200
2018 $288 $9,000 $3,800 $5,200
2017 $0 $0 $0 $0
2016 $1,318 $30,160 $0 $0
2014 $1,318 $30,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132408

Memphis Area Association of REALTORS®

APN: 07-3041-F0-0079