NOT LISTED FOR SALE

Estimated Value: $128,000 - $185,000

2 Beds
2 Baths
2,360 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $95,000 $40 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $866/month

115 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Air
  • 1 Car Attached Garage
  • Tile Flooring
  • Level Lot

About This Home

As of December 2020

Investment opportunity to start a portfolio or increase your portfolio. Long term tenants. Duplex can be sold separately or as a package deal with two other duplexes, additional listings 10075448 and 1007544 all within minutes of each other. Scheduled showing with accepted offer,please do not disturb tenants.

Last Agent to Sell the Property

Erica Reed

Crye-Leike, Inc., REALTORS License #302521 Listed on: 04/28/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330

Crye-Leike Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,360 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Knightwoods 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073041 G00002

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 4303
  • MAAR Subdivision Name: KNIGHTWOODS 1ST ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Estimated Sq Ft: 2360
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet, Tile

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 22
  • Acreage: 0.17

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 073041 G00002

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Dec 4, 2020
Sold by
Moku Real Estate Partnership Llc
Bought by
Lofton Investment Properties Llc
Seller's Agent
Erica Reed
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$150,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,050
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Oct 2, 2020
Sold by
Lofton Investment Properties Llc
Bought by
Moku Real Estate Partnership Llc

Purchase Details

Closed on
Apr 20, 2012
Sold by
Lofton Daryl and Lofton Ruth
Bought by
Lofton Investment Properties Llc

Purchase Details

Closed on
Jul 11, 2000
Sold by
Companion Mtg Corp
Bought by
C R Pride Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2000
Sold by
Aaron Perkins and Aaron Tujuana R
Bought by
Companion Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lofton Investment Properties Llc -- Executive Ttl & Closing Inc
Moku Real Estate Partnership Llc $190,000 Saddle Creek Title Llc
Moku Real Estate Partnership Llc $190,000 Saddle Creek Title Llc
Lofton Investment Properties Llc -- None Available
C R Pride Investments Inc $47,000 --
C R Pride Investments Inc $47,000 --
Companion Mtg Corp $132,803 --
Companion Mtg Corp $132,803 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C R Pride Investments Inc $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $95,000 -13.6% $40 / Sq Ft
04/28/2020 04/28/20 For Sale $110,000 -- $47 / 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 $972 $53,440 $5,400 $48,040
2024 $972 $28,680 $3,800 $24,880
2023 $1,747 $28,680 $3,800 $24,880
2022 $1,747 $28,680 $3,800 $24,880
2021 $1,768 $28,680 $3,800 $24,880
2020 $1,730 $23,880 $3,800 $20,080
2019 $763 $23,880 $3,800 $20,080
2018 $763 $23,880 $3,800 $20,080
2017 $781 $23,880 $3,800 $20,080
2016 $1,169 $26,760 $0 $0
2014 $1,169 $26,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075447

Memphis Area Association of REALTORS®

APN: 07-3041-G0-0002