NOT LISTED FOR SALE

Estimated Value: $172,000 - $213,644

3 Beds
2 Baths
2,800 Sq Ft
$69/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $44,000 $16 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $1,280/month

Highlights

  • Traditional Architecture
  • Great Room
  • Step Saver Kitchen Design
  • 1 Fireplace
  • Porch
  • Walk-In Closet

About This Home

As of July 2018

Short Sale not approved by the bank yet. Great opportunity for a large duplex with 3 bedrooms and 2 baths on each side. Priced to sell immediately. Selling as is. Don't miss this one. Must send Highest and Best, and have all docs filled out. No blind offers. Investors must do inspection before submitting. See attached documents. Owner/Servicer will respond to all offers within 20 calendar days.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 05/08/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 05/08/2017

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 2,800 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Window Treatments
  • Great Room
  • Partially Carpeted
  • Step Saver Kitchen Design

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Mini Split Heat Pump
  • Hot Water Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Heritage Colony 1St Addn Rev Blk C Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 093417 F00109

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 5431
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK C
  • Freestanding: Yes
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Price Per Sq Ft: 15.71
  • Estimated Sq Ft: 2800
  • Year Built: 1974
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet
  • Number Of Fireplaces: 1
  • Miscellaneous Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas, Individual Heat
  • Hot Water: Individual System

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 358
  • Acreage: 0.22
  • Lot Size: 75/50.01 X 90+47.17/130
  • Price Per Acre: 181364

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 093417 F00109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Ward John E and Declar Carol
Bought by
Ward John E
Current Estimated Value
$192,411

Purchase Details

Closed on
Nov 28, 2018
Sold by
Mid South Homebuyers Inc
Bought by
John E Ward And Carol S Ward 2008 Trust

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 27, 2018
Sold by
Ballard Frank K
Bought by
Mid South Hembuyers Inc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
List Price
$39,900
Sold Price
$44,000
Premium/Discount to List
$4,100
10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.57%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Ballard Cassandra B Holder
Bought by
Ballard Frank K

Purchase Details

Closed on
Aug 29, 2000
Sold by
Aames Capital Corp
Bought by
Ballard Frank and Holder Ballard Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
7.91%

Purchase Details

Closed on
Apr 13, 2000
Sold by
Shaw Kenneth A and Shaw Christina
Bought by
Aames Capital Corp
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
Ward John E -- --
John E Ward Jr Revocable Trust -- --
John E Ward And Carol S Ward 2008 Trust $119,000 Saddle Creek Title Llc
Mid South Hembuyers Inc $44,000 Saddle Creek Title Llc
Ballard Frank K -- None Available
Ballard Frank $52,500 --
Aames Capital Corp $45,226 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballard Frank $47,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $44,000 +10.3% $16 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/08/2017 05/08/17 For Sale $39,900 -- $14 / 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 -- $79,280 $8,600 $70,680
2024 -- $51,840 $5,400 $46,440
2023 $3,158 $51,840 $5,400 $46,440
2022 $3,158 $51,840 $5,400 $46,440
2021 $1,406 $51,840 $5,400 $46,440
2020 $2,325 $32,080 $5,400 $26,680
2019 $1,025 $32,080 $5,400 $26,680
2018 $1,025 $32,080 $5,400 $26,680
2017 $1,049 $32,080 $5,400 $26,680
2016 $1,374 $31,440 $0 $0
2014 $1,374 $31,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10003531

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0109