NOT LISTED FOR SALE

Estimated Value: $106,872 - $128,000

2 Beds
2 Baths
1,728 Sq Ft
$69/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $15,000 $9 Per Sq Ft

Est. 700% increase in value since last sale

Current estimated payment $713/month

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Great Room
  • Level Lot

About This Home

As of February 2016

Each side of this duplex is 2 bedrooms 1.5 baths. The property is vacant and in need of repairs. The seller is offering it AS IS only and only cash deals. Please take a look and bring an offer.

Last Agent to Sell the Property

Jim Pickens

Lawrence Johnson, REALTORS License #290757 Listed on: 02/02/2016

Last Buyer's Agent

Ngoc Quach

Germantown Properties License #315819

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Attic Access Panel

Outdoor Features

  • Porch

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 073041 F00081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: KNIGHTWOODS
  • Freestanding: Yes
  • List Price Per Sq Ft: 10
  • Number Of Stories: 1
  • Estimated Sq Ft: 1728
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Miscellaneous Interior: Attic Access

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 531
  • Acreage: 0.23
  • Lot Size: .23

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 073041 F00081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Feb 26, 2016
Sold by
Horizon Trust Company
Bought by
Nguyen Cuong
Seller's Agent
Jim Pickens
Lawrence Johnson, REALTORS
Buyer's Agent
Ngoc Quach
Germantown Properties
List Price
$16,900
Sold Price
$15,000
Premium/Discount to List
-$1,900
-11.24%
Current Estimated Value
$119,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,968
Avg. Annual Appreciation
23.99%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Green Assets Holdings Llc
Bought by
Horizon Trust Co

Purchase Details

Closed on
May 3, 2012
Sold by
Property Nov11 Llc
Bought by
Green Assets Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,600
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
The Bank Of New York Mellon
Bought by
Property Nov11 Llc

Purchase Details

Closed on
Sep 14, 2011
Sold by
Herndon Erica
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 1, 2007
Sold by
Karkera Mohandas and Karkera Shaila M
Bought by
Herndon Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
6.16%
Mortgage Type
New Conventional
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
Nguyen Cuong $15,000 Nexus Title & Escrow Llc
Horizon Trust Co $42,900 Attorney
Green Assets Holdings Llc $63,500 Westenn Title
Property Nov11 Llc $10,000 Wes Tenn Title & Escrow Serv
The Bank Of New York Mellon $16,200 None Available
Herndon Erica $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Assets Holdings Llc $36,600
Previous Owner Herndon Erica $60,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $15,000 -11.2% $9 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $16,900 -- $10 / 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 $1,016 $43,960 $5,200 $38,760
2024 $1,016 $29,960 $3,800 $26,160
2023 $1,825 $29,960 $3,800 $26,160
2022 $1,825 $29,960 $3,800 $26,160
2021 $1,846 $29,960 $3,800 $26,160
2020 $1,432 $19,760 $3,800 $15,960
2019 $1,432 $19,760 $3,800 $15,960
2018 $1,432 $19,760 $3,800 $15,960
2017 $812 $19,760 $3,800 $15,960
2016 $881 $20,160 $0 $0
2014 $881 $20,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9969729

Memphis Area Association of REALTORS®

APN: 07-3041-F0-0081