NOT LISTED FOR SALE

Estimated Value: $121,000 - $156,000

2 Beds
1 Bath
1,730 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $52,500 $30 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $792/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Central Heating
  • Wood Flooring
  • Great Room
  • 1-Story Property

About This Home

As of April 2017

Do not disturb tenants. 100% occupied, $500.00 each unit. Just painted the exterior and put on a new roof in March 2017. Buyer may inspect interior during the contingency period. No sign in yard.

Last Agent to Sell the Property

Tom Fletcher

Memphis Property Management Pr License #322363 Listed on: 03/21/2017

Last Buyer's Agent

Tom Fletcher

Memphis Property Management Pr License #322363 Listed on: 03/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Window Unit Cooling System
  • Central Heating
  • 220 Volts
  • Electric Water Heater

Community Details

  • Park Acres Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 058113 00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Briarwood Drive
  • Second Address Number: 4144
  • MLS Map #: 758C
  • MAAR Subdivision Name: PARK ACRES
  • Freestanding: Yes
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 30.35
  • Estimated Sq Ft: 1730
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Smoke Detector(s)
  • Estimated Entire Duplex Sq Ft: 1600-1799
  • Miscellaneous Interior: Excl Some Window Treatmnt

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit, 2+ Window Units per Unit, 220 Wiring
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level, Corner
  • Lot Number: 34
  • Acreage: 0.18
  • Lot Size: .2077
  • Price Per Acre: 350000

Rental Info

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

Tax Info

  • Assessor Parcel Number: 058113 00012

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Neighborhood Revival Llc
Bought by
Nhr Memphis I Llc
Current Estimated Value
$134,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,352,375
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2018
Sold by
Glisson Andrew
Bought by
Neighborhood Revival Llc

Purchase Details

Closed on
Jun 22, 2018
Sold by
Turner Tyler
Bought by
Glisson Andrew

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 28, 2017
Sold by
Delgado Leonel
Bought by
Glisson Andrew and Turner Tyler
Seller's Agent
Tom Fletcher
Memphis Property Management Pr
Buyer's Agent
Tom Fletcher
Memphis Property Management Pr
List Price
$63,000
Sold Price
$52,500
Premium/Discount to List
-$10,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Nov 18, 2016
Sold by
The Tony W Fletcher Trust
Bought by
Delagado Leonel

Purchase Details

Closed on
May 29, 2014
Sold by
Jenkins David Scott and Jenkins Melissa M
Bought by
The Tony W Fletcher Trust

Purchase Details

Closed on
Nov 15, 2006
Sold by
Porter Raymond W
Bought by
Jenkins David Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1999
Sold by
Wineland Carol S
Bought by
Porter Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.73%
Mortgage Type
Seller Take Back
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
Nhr Memphis I Llc -- Os National Llc
Neighborhood Revival Llc -- None Available
Glisson Andrew -- None Available
Glisson Andrew $52,500 Delta Title Services Llc
Delagado Leonel -- None Available
The Tony W Fletcher Trust $19,500 None Available
Jenkins David Scott $271,000 None Available
Porter Raymond $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nhr Memphis I Llc $2,352,375
Previous Owner Jenkins David Scott $80,000
Previous Owner Porter Raymond $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $52,500 -16.7% $30 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $63,000 -- $36 / 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 $978 $57,680 $8,000 $49,680
2024 $978 $28,840 $4,640 $24,200
2023 $1,757 $28,840 $4,640 $24,200
2022 $1,757 $28,840 $4,640 $24,200
2021 $995 $28,840 $4,640 $24,200
2020 $1,713 $23,640 $4,240 $19,400
2019 $756 $23,640 $4,240 $19,400
2018 $756 $23,640 $4,240 $19,400
2017 $773 $23,640 $4,240 $19,400
2016 $960 $21,960 $0 $0
2014 $960 $27,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9998594

Memphis Area Association of REALTORS®

APN: 05-8113-0-0012