NOT LISTED FOR SALE

492 E Pontotoc Ave Memphis, TN 38126

South City Neighborhood

Estimated Value: $127,000 - $330,000

2 Beds
1 Bath
2,653 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $119,900 $45 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,173/month

146 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • Eat-In Kitchen
  • Wood Flooring
  • Corner Lot
  • Brick Veneer

About This Home

As of May 2021

Unique opportunity in the poplar medical district. If your interested in a ground up investment, this 2 story, 2 bedroom, 1 bath duplex per side may be just what your looking for. Although some work has been done, major restoration is needed

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 12/02/2020

Co-Listed By

Tina Tant

All Stars Realty License #347852

Last Buyer's Agent

latasha conway

Divine Destiny Realty License #267076

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 69x50
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,653 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Eat-In Kitchen

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • South Memphis Blk 53 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007012 00023

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: SOUTH MEMPHIS BLK 53
  • Freestanding: Yes
  • List Price Per Sq Ft: 45
  • Number Of Stories: 2
  • Estimated Sq Ft: 2653
  • Year Built: 1900
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Number Of Fireplaces: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Street Parking Only

Utilities

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

Lot Info

  • Lot Description: Corner
  • Lot Number: 3
  • Acreage: 0.07
  • Lot Size: 69X50

Tax Info

  • Assessor Parcel Number: 007012 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
May 25, 2021
Sold by
Psf Reo Llc
Bought by
Conway Michael and Conway Latasha
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
latasha conway
Divine Destiny Realty
List Price
$169,900
Sold Price
$119,900
Premium/Discount to List
-$50,000
-29.43%
Current Estimated Value
$191,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,222
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Oct 21, 2020
Sold by
Ps Funding Inc
Bought by
Psf Reo Llc

Purchase Details

Closed on
Apr 12, 2018
Sold by
Aegis Asset Backed Securities Llc
Bought by
Cruikshank Ersin Llc

Purchase Details

Closed on
Dec 23, 2016
Sold by
Carter Quantel and Carter Shandira
Bought by
Carter Quantel and Carter Shandria

Purchase Details

Closed on
Feb 25, 2015
Sold by
Jp Homes Inc
Bought by
Carter Shandria and Carter Diana

Purchase Details

Closed on
Jan 8, 2014
Sold by
Wilmington Trust Na
Bought by
Jp Homes Inc

Purchase Details

Closed on
Jun 7, 2006
Sold by
Sims Irene and Rodgers Loren
Bought by
Wilmington Trust Na and Citibank Na

Purchase Details

Closed on
Dec 13, 1999
Sold by
Rodgers Loren
Bought by
Rodgers Loren and Sims Irene
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
Conway Michael $119,900 Erickson Title & Closing Llc
Psf Reo Llc $100,000 None Available
Cruikshank Ersin Llc $100,000 None Available
Carter Quantel -- None Available
Carter Shandria $20,000 Mid South Title Services Llc
Jp Homes Inc $10,750 Servicelink
Wilmington Trust Na $11,700 None Available
Rodgers Loren -- Memphis Title
Rodgers Loren -- Memphis Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $119,900 0.0% $45 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $119,900 -14.3% $45 / Sq Ft
02/26/2021 02/26/21 Price Changed $139,900 -17.7% $53 / Sq Ft
12/02/2020 12/02/20 For Sale $169,900 -- $64 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $68,080 $8,800 $59,280
2024 -- $45,560 $1,400 $44,160
2023 $2,775 $45,560 $1,400 $44,160
2022 $341 $5,600 $1,400 $4,200
2021 $405 $5,600 $1,400 $4,200
2020 $519 $7,160 $1,400 $5,760
2019 $229 $7,160 $1,400 $5,760
2018 $542 $16,960 $1,400 $15,560
2017 $555 $16,960 $1,400 $15,560
2016 $745 $17,040 $0 $0
2014 $745 $17,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2021

    Rita Driver

    All Stars Realty

    (901) 674-7653

    1 in this area

    36 Total Sales

    Rita Driver
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tina Tant

    All Stars Realty

    Section Image
  • latasha conway

    Buyer's Agent in 2021

    latasha conway

    Divine Destiny Realty

    (901) 502-8810

    1 in this area

    83 Total Sales

    latasha conway
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089849

Memphis Area Association of REALTORS®

APN: 00-7012-0-0023

Tennessee Shelby County Memphis 38126 South City

492 E Pontotoc Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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