NOT LISTED FOR SALE

Estimated Value: $145,000 - $176,639

3 Beds
2 Baths
1,400 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $122,555 $88 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $897/month

Highlights

  • Traditional Architecture
  • Vinyl Flooring
  • 1-Story Property
  • Level Lot

About This Home

As of February 2022

Multiple Offers all offers in by 3pm today! AS IS Duplex needs a rehab but in a great rental area. Fix and get a great rental amount. Seller will not turn on utilities buyer's call to do so. Vacant and easy to show call the appt. ctr to schedule. Use attached documents for all offers. Please call or text to inform that you sent an offer. Call me for any info needed. Crye-Leike holds the earnest money! Regency Title Sellers Atty Vacant no blind offers do your due diligence!

Last Agent to Sell the Property

Frances Anderson

Crye-Leike, Inc., REALTORS License #274051 Listed on: 01/06/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $902

Year Built

  • Built in 1972

Lot Details

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

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Vinyl Flooring

Utilities

  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater

Community Details

  • Heritage Colony 1St Addn Rev Blk C Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 093417 F00094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$902

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Jasmine
  • Second Address Number: 5446
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK C
  • Freestanding: Yes
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.54
  • Estimated Sq Ft: 1400
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor, Sprayed Ceiling
  • Estimated Entire Duplex Sq Ft: 2200-2399

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Gas
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 343
  • Acreage: 0.22
  • Lot Size: 75X130
  • Price Per Acre: 545455

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 093417 F00094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 15, 2022
Sold by
P Fin I Llc
Bought by
Island Home Llc
Seller's Agent
Frances Anderson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
List Price
$120,000
Sold Price
$122,555
Premium/Discount to List
$2,555
2.13%
Current Estimated Value
$155,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,105
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Sep 25, 2015
Sold by
Prager Bridge Property I Llc
Bought by
Caf B L 2015 Llc

Purchase Details

Closed on
Sep 19, 2014
Sold by
Midsouth Retirement Holdings Llc
Bought by
Prager Bridge Property I Llc

Purchase Details

Closed on
Nov 6, 2013
Sold by
Peterson Daniel A
Bought by
Midsouth Retirement Holdings Llc

Purchase Details

Closed on
Jun 30, 2008
Sold by
Peterson Investments Llc
Bought by
Peterson Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2008
Sold by
Peterson Daniel A
Bought by
Peterson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
H & J Properties Llc
Bought by
Peterson Daniel A and Peterson Barbara G

Purchase Details

Closed on
Feb 8, 2008
Sold by
The Bank Of New York Trust Co Na
Bought by
H & J Properties Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Chaaban Tim
Bought by
The Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Sep 19, 2005
Sold by
Guenther Hans and Miller Ewell D
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
$79,425
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2001
Sold by
G & M Investments
Bought by
Guenther Hans J and Miller Ewell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
6.9%

Purchase Details

Closed on
May 24, 2000
Sold by
Household Financial Center Inc
Bought by
G & M Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.14%

Purchase Details

Closed on
Sep 2, 1999
Sold by
Brown Dwan A and Brown Venesia G
Bought by
Household Financial Center Inc
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 $122,555 Executive Title & Closing
Caf B L 2015 Llc -- Attorney
Prager Bridge Property I Llc $244,609 None Available
Midsouth Retirement Holdings Llc $45,000 Tri State Title & Escrow Inc
Peterson Daniel A -- None Available
Peterson Investments Llc -- None Available
Peterson Daniel A -- None Available
Peterson Daniel A $74,900 None Available
H & J Properties Llc $59,900 Resource Title Agency
The Bank Of New York Trust Co Na $75,600 None Available
Chaaban Tim $88,250 --
Guenther Hans J -- --
G & M Investments $50,000 --
Household Financial Center Inc $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Daniel A $80,000
Previous Owner Chaaban Tim $79,425
Previous Owner Guenther Hans J $54,750
Previous Owner G & M Investments $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $122,555 +2.1% $88 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $120,000 -- $86 / 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 $902 $59,520 $8,600 $50,920
2024 $902 $26,600 $5,400 $21,200
2023 $1,620 $26,600 $5,400 $21,200
2022 $1,620 $26,600 $5,400 $21,200
2021 $1,926 $26,600 $5,400 $21,200
2020 $1,800 $24,840 $5,400 $19,440
2019 $794 $24,840 $5,400 $19,440
2018 $794 $24,840 $5,400 $19,440
2017 $813 $24,840 $5,400 $19,440
2016 $1,035 $23,680 $0 $0
2014 $1,035 $23,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115330

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0094