NOT LISTED FOR SALE

Estimated Value: $109,026 - $179,000

3 Beds
2 Baths
2,334 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $60,000 $26 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $932/month

177 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Some Wood Windows
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2018

This duplex offers 3 bedrooms, 2 baths per side and is fully occupied. Units rent for $550 per side. Please do not disturb tenants, drive by only; make offer contingent upon about satisfactory inspection.

Last Agent to Sell the Property

Deborah Williams

4 Success Realty, LLC License #294304 Listed on: 07/16/2017

Last Buyer's Agent

Lisa Chairs

BEST Real Estate Company License #333996

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1972

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,334 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Heritage Colony 1St Addn Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 F00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$953

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK C
  • Freestanding: Yes
  • List Price Per Sq Ft: 28
  • Number Of Stories: 1
  • Price Per Sq Ft: 25.71
  • Estimated Sq Ft: 2334
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile

Exterior Features

  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 388
  • Acreage: 0.16
  • Lot Size: 46.08/121.72 X 154.21/193.44X47.78
  • Price Per Acre: 406250

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 093417 F00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2017
Closed on
Feb 22, 2018
Sold by
Hortizon Trust Company Custodian Fbo
Bought by
Carventes Adrian and Carventes Polet
Seller's Agent
Deborah Williams
4 Success Realty, LLC
Buyer's Agent
Lisa Chairs
BEST Real Estate Company
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Total Days on Market
177
Current Estimated Value
$157,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,757
Avg. Annual Appreciation
13.66%
Original Mortgage
$45,000
Outstanding Balance
$38,286
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$119,471

Purchase Details

Closed on
Mar 19, 2013
Sold by
Scree 44 Llc
Bought by
Horizon Trust Co and Bobbie M Goo Ira

Purchase Details

Closed on
Jan 14, 2013
Sold by
Alethia Pathways Llc
Bought by
Scree 44 Llc

Purchase Details

Closed on
Dec 3, 2012
Sold by
East Liberty Properties Llc
Bought by
Alethia Pathways Llc

Purchase Details

Closed on
Apr 6, 2009
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
East Liberty Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,128
Interest Rate
5.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2005
Sold by
Campbell John C and Campbell Gloria H
Bought by
Chaaban Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 15, 2001
Sold by
Roden Robert E and Roden Maria H
Bought by
Campbell John C and Campbell Gloria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.54%
Mortgage Type
Seller Take Back
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
Carventes Adrian $60,000 Bavmare Title And Esc Sevs L
Horizon Trust Co $75,900 None Available
Scree 44 Llc $55,000 None Available
Alethia Pathways Llc $43,000 None Available
East Liberty Properties Llc $40,900 Resource Title Agency Inc
Chaaban Tim $92,500 --
Campbell John C $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carventes Adrian $45,000
Previous Owner East Liberty Properties Llc $46,128
Previous Owner Chaaban Tim $81,000
Previous Owner Campbell John C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $60,000 -7.7% $26 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
07/16/2017 07/16/17 For Sale $65,000 -- $28 / 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 $953 $62,360 $8,600 $53,760
2024 $953 $28,120 $5,400 $22,720
2023 $1,713 $28,120 $5,400 $22,720
2022 $1,713 $28,120 $5,400 $22,720
2021 $1,733 $28,120 $5,400 $22,720
2020 $1,861 $25,680 $5,400 $20,280
2019 $1,861 $25,680 $5,400 $20,280
2018 $1,861 $25,680 $5,400 $20,280
2017 $1,055 $25,680 $5,400 $20,280
2016 $1,058 $24,200 $0 $0
2014 $1,058 $24,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10007162

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0010