NOT LISTED FOR SALE
5 Beds
-- Bath
2,680 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date 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

Property Details

Home Type

  • Apartment

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

  • 5 Units
  • Washington Hgts Blk 2 Subdivision

Building Details

  • Insurance Expense $995
  • Operating Expense $5,238

Property Details

Home Type

Apartment

Year Built

Built in 1959

Lot Details

9,583 Sq Ft Lot

Listing Details

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Apr 10, 2020
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
John Cornes
Braden, Braden & Braden LLC
List Price
$139,000
Sold Price
$129,000
Premium/Discount to List
-$10,000
-7.19%

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 15, 2016
Sold by
Bought by
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.64%

Purchase Details

Closed on
Jul 27, 2010
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$129,000 None Available
$75,000 None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,978 $73,520 $6,000 $67,520
2024 $1,805 $53,240 $5,800 $47,440
2023 $3,243 $53,240 $5,800 $47,440
2022 $3,243 $53,240 $5,800 $47,440
2021 $1,837 $53,240 $5,800 $47,440
2020 $1,762 $24,320 $5,800 $18,520
2019 $777 $24,320 $5,800 $18,520
2018 $777 $24,320 $5,800 $18,520
2017 $796 $24,320 $5,800 $18,520
2016 $561 $12,840 $0 $0
2014 $561 $12,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072017

Memphis Area Association of REALTORS®
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