NOT LISTED FOR SALE

Estimated Value: $82,538 - $171,000

2 Beds
1 Bath
1,890 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $47,000 $25 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $623/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Two Cooling Systems Mounted To A Wall/Window
  • Wood Flooring
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of February 2020

Both units are currently occupied. The tenant in unit #1 has been there over two years and unit #2's tenant has been there over 6 years. The tenants are month to month and prefer to stay, but they are aware the property is being sold. Please do not disturb them. Unit #1 has central heat and air. Rear parking or street parking. Property is being sold "As Is".

Last Agent to Sell the Property

Ken Cannon

Crye-Leike of MS, Inc. License #351127 Listed on: 01/30/2020

Crye-Leike of MS, Inc.

Last Buyer's Agent

Cresha Rounds

Adaro Realty, Inc. License #280127

Adaro Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1946

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Chain Link Fence
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring
  • Free-Standing Range

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Longview Hgts 1St Addn Blk 223 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049011 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$632

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: LONGVIEW HEIGHTS 1ST ADD BLK 223
  • Freestanding: Yes
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Estimated Sq Ft: 1890
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Miscellaneous Interior: Pull Down Attic Stairs, Attic Access

Exterior Features

  • Exterior Windows: Wood/Composition

Utilities

  • Cooling: Central Cooling, Electric Cooling, 2+ Window Units per Unit
  • Heating: Central, Gas, Floor Furnace
  • Hot Water: Electric

Lot Info

  • Lot Description: Corner, Chain Fenced
  • Lot Number: 25
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 049011 00001

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Feb 25, 2020
Sold by
Walker Morris B and Walker Martha A
Bought by
Mayfield Tiffany
Seller's Agent
Ken Cannon
Crye-Leike of MS, Inc.
Buyer's Agent
Cresha Rounds
Adaro Realty, Inc.
List Price
$50,000
Sold Price
$47,000
Premium/Discount to List
-$3,000
-6%
Current Estimated Value
$108,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,635
Avg. Annual Appreciation
15.89%
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
Mayfield Tiffany $47,000 Preferred Title & Escrow Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $47,000 -6.0% $25 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $50,000 -- $26 / 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 $632 $29,840 $3,200 $26,640
2024 $632 $18,640 $1,600 $17,040
2023 $1,135 $18,640 $1,600 $17,040
2022 $1,135 $18,640 $1,600 $17,040
2021 $1,149 $18,640 $1,600 $17,040
2020 $1,455 $20,080 $1,600 $18,480
2019 $642 $20,080 $1,600 $18,480
2018 $642 $20,080 $1,600 $18,480
2017 $657 $20,080 $1,600 $18,480
2016 $1,180 $27,000 $0 $0
2014 $1,180 $27,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069917

Memphis Area Association of REALTORS®

APN: 04-9011-0-0001