NOT LISTED FOR SALE

Estimated Value: $126,000 - $177,000

6 Beds
4 Baths
2,474 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $55,000 $22 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $888/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Storage Room
  • Great Room
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of November 2018

Great investment opportunity! Duplex in Heritage Colony. Each side has 3 bedrooms, 2 baths. Currently rented, (month to month) DO not disturb tenants. Can be part of a package from out of state investor. No sign. Minimum $1000 commission.

Last Agent to Sell the Property

James Abell

REMAX Experts License #15398 Listed on: 09/07/2018

Last Buyer's Agent

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2,474 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Great Room
  • Storage Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Heritage Colony 1St Addn Rev Blk C Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 093417 F00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,008

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 5446
  • 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: 22.23
  • Estimated Sq Ft: 2474
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Tile, Smooth Ceiling
  • Appliances Equipment: Disposal
  • Estimated Entire Duplex Sq Ft: 2400-2599
  • Miscellaneous Interior: Unknown

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad, Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 393
  • Acreage: 0.22
  • Lot Size: 75X130
  • Price Per Acre: 313636

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 093417 F00015

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Moku Properties Llc
Bought by
Island Home Llc
Current Estimated Value
$148,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Outstanding Balance
$145,120
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$3,472

Purchase Details

Closed on
Feb 1, 2019
Sold by
Harden Aurelia A
Bought by
Warr Curtis

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 7, 2018
Sold by
Annistead Charles W and Annistead Nancy W
Bought by
Moku Properties Llc
Seller's Agent
James Abell
REMAX Experts
Buyer's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Gieg Chad
Bought by
Armistead Charles W and Armistead Nancy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2006
Sold by
Watson Jeanette P and Watson Karim A
Bought by
Gieg Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2005
Sold by
Patel Mohanlal and Patel Pravin
Bought by
Watson Karim A and Watson Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
2.37%
Mortgage Type
FHA
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
Island Home Llc -- Executive Title & Closing
Warr Curtis $6,000 None Available
Moku Properties Llc $55,000 Executive Title & Closing In
Armistead Charles W $85,000 None Available
Gieg Chad $75,000 None Available
Watson Karim A $70,000 First American-Sovereign Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Island Home Llc $145,500
Previous Owner Armistead Charles W $70,350
Previous Owner Armistead Charles W $76,500
Previous Owner Gieg Chad $60,000
Previous Owner Gieg Chad $15,000
Previous Owner Watson Karim A $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $55,000 -20.3% $22 / Sq Ft
09/07/2018 09/07/18 For Sale $69,000 -- $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 $1,008 $65,560 $8,600 $56,960
2024 $1,008 $29,720 $5,400 $24,320
2023 $1,810 $29,720 $5,400 $24,320
2022 $1,810 $29,720 $5,400 $24,320
2021 $2,152 $29,720 $5,400 $24,320
2020 $1,925 $26,560 $5,400 $21,160
2019 $849 $26,560 $5,400 $21,160
2018 $849 $26,560 $5,400 $21,160
2017 $869 $26,560 $5,400 $21,160
2016 $1,120 $25,640 $0 $0
2014 $1,120 $25,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10036022

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0015