NOT LISTED FOR SALE

525 Laclede Ave Memphis, TN 38126

South Memphis Neighborhood
5 Beds
-- Bath
2,680 Sq Ft
9,583 Sq Ft Lot

Last Sold April 13, 2020

Last sale price $129,000 $48 Per Sq Ft

12 Days on Market

About This Home

As of April 2020

This 5 unit building is located just minutes south of Booming Downtown Memphis! The units are all 1 bedroom. The total schedule monthly income is 1500.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 03/01/2020

Crye-Leike Commercial

Last Buyer's Agent

John Cornes

Braden, Braden & Braden LLC License #303183

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 200

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,680 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 025029 00011

Community Details

Overview

  • Washington Hgts Blk 2 Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 745E
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 2
  • Freestanding: Yes
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Price Per Sq Ft: 586363.64
  • Estimated Sq Ft: 2680
  • Year Built: 1959
  • Construction: Brick/Veneer
  • List Price Per Unit: 27800
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 34
  • Acreage: 0.22
  • Lot Size: 50 X 200
  • Price Per Acre: 631818
  • Improved Sq Ft: 2680
  • Land Sq Ft: 10000

Rental Info

  • Actual Annual Rent: 17400
  • Leaseable Sq Ft: 2680
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 025029 00011

Multi Family

  • Total Number Of Units: 5
  • Number1 Bedroom Units: 5
  • Type of Unit: 1 BR - 1 Bath

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $129,000 -7.2% $48 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $139,000 +85.3% $52 / Sq Ft
04/26/2016 04/26/16 Sold $75,000 0.0% $27 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $75,000 -- $27 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2020

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    5 in this area

    90 Total Sales

    Section Image
  • John Cornes

    Buyer's Agent in 2020

    John Cornes

    Braden, Braden & Braden LLC

    (901) 268-8333

    1 in this area

    76 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072017

Memphis Area Association of REALTORS®

Tennessee Shelby County Memphis 38126 South Memphis

525 Laclede Ave, Memphis, TN

This home is located at 525 Laclede Ave, Memphis, TN 38126 since 01 March 2020. This property was built in 1959. 525 Laclede Ave is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Soulsville Charter School.

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