442 S Parkway E Memphis, TN 38106
South Memphis NeighborhoodEstimated Value: $49,796 - $168,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                1,575
                Sq Ft
            
            
                
                    $58/Sq Ft
                    Est. Value
                
                
        
    
    
Highlights
- Wood Flooring
 - Heating Available
 - Property has 3 Levels
 
About This Home
As of May 2020Great duplex opportunity just minutes from down town. The east side of the property is tenant occupied and can only be viewed with a accepted offer. The west side of the property is Vacant and can be accessed with lock box. Pictures in the listing are of the occupied unit. Property is being Sold As-Is, seller will not make repairs. TENANTS RIGHTS- DO NOT PEEK IN WINDOWS ON EAST SIDE.
Property Details
Home Type
- Multi-Family
 
Year Built
- Built in 1930
 
Lot Details
- 7,841
 
Home Design
- Duplex
 
Flooring
- Wood
 - Laminate
 
Bedrooms and Bathrooms
- 4 Bedrooms
 - 2 Bathrooms
 
Utilities
- No Cooling
 - Heating Available
 
Additional Features
- Property has 3 Levels
 - Lot Dimensions are 54.5x150
 
Community Details
- Latham&Stewart Subdivision
 
Listing and Financial Details
- Total Actual Rent $375
 - Tax Lot 2
 - Assessor Parcel Number 013065 00025
 
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 26, 2025
            
        
                Sold by
            
            
                Mcmorris Chaz-Lon
            
        
                Bought by
            
            
                Chaz-Lon Mcmorris Revocable Trust and Mcmorris
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Listed on
            
            
                Mar 13, 2020
            
        
                Closed on
            
            
                May 22, 2020
            
        
                Sold by
            
            
                Johnson Mary Lorene
            
        
                Bought by
            
            
                Mcmorris Chaz Lon
            
        
                List Price
            
            
                $30,000
            
        
                Sold Price
            
            
                $18,000
            
        
                            Premium/Discount to List
                        
                        
                                -$12,000
                            
                            
                                -40%
                            
                        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Avg. Annual Appreciation
            
            
                34.82%
            
        Purchase Details
                Listed on
            
            
                Aug 16, 2016
            
        
                Closed on
            
            
                Mar 10, 2017
            
        
                Sold by
            
            
                Smith Gloria Jean
            
        
                Bought by
            
            
                Johnson Loarene
            
        
                List Price
            
            
                $19,900
            
        
                Sold Price
            
            
                $13,400
            
        
                            Premium/Discount to List
                        
                        
                                -$6,500
                            
                            
                                -32.66%
                            
                        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Avg. Annual Appreciation
            
            
                9.66%
            
        Purchase Details
                Closed on
            
            
                Dec 2, 2013
            
        
                Sold by
            
            
                Smith Gloria Jean and James Juanita
            
        
                Bought by
            
            
                Smith Gloria Jean
            
        Purchase Details
                Closed on
            
            
                Nov 11, 2003
            
        
                Sold by
            
            
                Mitchell Sadie
            
        
                Bought by
            
            
                Mitchell Sadie
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Chaz-Lon Mcmorris Revocable Trust | -- | None Listed On Document | |
| Mcmorris Chaz Lon | $18,000 | Edco Ttl & Closing Svcs Inc | |
| Johnson Loarene | $13,400 | Edco Title & Closing Svcs In | |
| Smith Gloria Jean | -- | None Available | |
| Mitchell Sadie | -- | -- | 
                Source: Public Records
            
        Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale | 
|---|---|---|---|---|---|
| 05/22/2020 05/22/20 | Sold | $18,000 | -40.0% | $11 / Sq Ft | |
| 05/22/2020 05/22/20 | Pending | -- | -- | -- | |
| 03/13/2020 03/13/20 | For Sale | $30,000 | +123.9% | $19 / Sq Ft | |
| 03/10/2017 03/10/17 | Sold | $13,400 | -32.7% | $9 / Sq Ft | View Prior Sale | 
| 03/10/2017 03/10/17 | Pending | -- | -- | -- | |
| 08/16/2016 08/16/16 | For Sale | $19,900 | -- | $13 / Sq Ft | 
                    Source: Realtracs
                    
            
        Tax History Compared to Growth
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 | $62 | $12,300 | $1,350 | $10,950 | 
| 2024 | $249 | $7,350 | $750 | $6,600 | 
| 2023 | $448 | $7,350 | $750 | $6,600 | 
| 2022 | $448 | $7,350 | $750 | $6,600 | 
| 2021 | $453 | $7,350 | $750 | $6,600 | 
| 2020 | $690 | $9,525 | $750 | $8,775 | 
| 2019 | $304 | $9,525 | $750 | $8,775 | 
| 2018 | $304 | $9,525 | $750 | $8,775 | 
| 2017 | $499 | $15,240 | $1,200 | $14,040 | 
| 2016 | $720 | $16,480 | $0 | $0 | 
| 2014 | $720 | $16,480 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
Source: Realtracs
MLS Number: 3025547
APN: 01-3065-0-0025
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