NOT LISTED FOR SALE

Estimated Value: $176,986 - $215,000

2 Beds
2 Baths
3,201 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $176,300 $55 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,221/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Great Room
  • Partially Carpeted

About This Home

As of April 2023

INVESTORS ONLY!! DO NOT DISTURB TENANT. Duplex Rented for $1,790/month, managed by a Local Professional Management Company. Unit 4202- rented for $995, lease expires 9/30/2023, tenant moved in 9/27/2017. Unit 4204- rented for $795, lease expires 4/30/2023, tenant moved in 4/27/2015. Renovated in March 2015, maintenance report and tenant payment history available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 03/06/2023

KAIZEN Realty, LLC

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 68x145
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 3,201 Sq Ft Home
  • 1.1-Story Property
  • Great Room
  • Partially Carpeted

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Raleigh Heights Rev Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085003 00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 734D
  • MAAR Subdivision Name: RALEIGH HEIGHTS SEC A
  • List Price Per Sq Ft: 59
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 55.08
  • Estimated Sq Ft: 3201
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 11
  • Acreage: 0.22
  • Lot Size: 68X145
  • Price Per Acre: 854091

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 085003 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 5, 2023
Sold by
Spectrum Capital Resources Llc
Bought by
Macpherson Ian
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$187,900
Sold Price
$176,300
Premium/Discount to List
-$11,600
-6.17%
Total Days on Market
9
Views
35
Current Estimated Value
$199,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,197
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Riahi Brandon and Riahi Samira
Bought by
Spectrum Capital Resources Llc

Purchase Details

Closed on
Jun 18, 2015
Sold by
Mid South Homebuyers Inc
Bought by
Riahi Brandon and Riahi Samira

Purchase Details

Closed on
May 1, 2015
Sold by
Mid South Homebuyers Inc
Bought by
Riahi Brandon and Riahi Samira

Purchase Details

Closed on
Feb 24, 2015
Sold by
Apple Peel Inc
Bought by
Mid South Homebuyers Inc

Purchase Details

Closed on
Nov 5, 2010
Sold by
Gp Memphis Cash Flow
Bought by
Apple Peel Inc

Purchase Details

Closed on
Sep 23, 2010
Sold by
Lcs Companies Llc
Bought by
Gp Memphis Cashflow

Purchase Details

Closed on
Sep 20, 2010
Sold by
Fannie Mae
Bought by
Lcs Companies Llc

Purchase Details

Closed on
Jul 9, 2010
Sold by
Ruparatne Ruwan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2008
Sold by
P2o Financial Llc
Bought by
Ruparatne Ruwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 3, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
P20 Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2008
Sold by
Dugan Michael Jerome
Bought by
Deutsche Bank National Trust Co and Certificateholders Morgan Stanley Abs Ca

Purchase Details

Closed on
Dec 6, 2004
Sold by
Clark Sabrina
Bought by
Dugan Michael Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2000
Sold by
Bayview Financial Acquisition Trust
Bought by
Clark Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Interest Rate
8.12%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 2000
Sold by
White Mountains Services Corp
Bought by
Bayview Financial Acquisition Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Interest Rate
8.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 17, 2000
Sold by
Brown Dwan A and Brown Venesia G
Bought by
White Mountains Services Corp

Purchase Details

Closed on
Apr 29, 1998
Sold by
Glasper Ossie
Bought by
Brown Dwan A and Brown Venesia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.11%
Source: Public Records

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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
Macpherson Ian $176,300 Foundation Title
Spectrum Capital Resources Llc -- None Available
Riahi Brandon $90,700 Saddle Creek Title Llc
Riahi Brandon $777,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $52,000 Saddle Creek Title Llc
Apple Peel Inc $20,000 Saddle Creek Title Llc
Gp Memphis Cashflow -- Saddle Creek Title Llc
Lcs Companies Llc $42,000 Saddle Creek Title
Federal National Mortgage Association $98,937 None Available
Ruparatne Ruwan $100,500 None Available
P20 Financial Llc $40,500 West Tennessee Title
Deutsche Bank National Trust Co $65,700 None Available
Dugan Michael Jerome $95,000 Equity Title & Escrow
Clark Sabrina $67,500 --
Bayview Financial Acquisition Trust -- --
White Mountains Services Corp $155,500 --
Brown Dwan A $165,000 Security Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruparatne Ruwan $92,000
Previous Owner Ruparatne Ruwan $100,500
Previous Owner P20 Financial Llc $69,000
Previous Owner Dugan Michael Jerome $85,500
Previous Owner Clark Sabrina $50,625
Previous Owner Brown Dwan A $132,000
Closed Clark Sabrina $10,125
Closed Dugan Michael Jerome $4,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $176,300 -6.2% $55 / Sq Ft
03/06/2023 03/06/23 For Sale $187,900 -- $59 / 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 $1,214 $86,360 $6,160 $80,200
2024 $1,214 $35,800 $4,480 $31,320
2023 $2,181 $35,800 $4,480 $31,320
2022 $2,181 $35,800 $4,480 $31,320
2021 $2,206 $35,800 $4,480 $31,320
2020 $2,096 $28,920 $4,480 $24,440
2019 $2,096 $28,920 $4,480 $24,440
2018 $2,096 $28,920 $4,480 $24,440
2017 $1,189 $28,920 $4,480 $24,440
2016 $1,384 $31,680 $0 $0
2014 $1,384 $31,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143231

Memphis Area Association of REALTORS®

APN: 08-5003-0-0014