NOT LISTED FOR SALE

557 Berclair Rd Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $133,000 - $155,000

4 Beds
2 Baths
1,552 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $98,000 $63 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $802/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Brick Veneer
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of December 2019

Please provide 24-48 hours notice to view properties. "As Is" Sale. Great income producer that has been well taken care of. Property is part of a portfolio of duplexes which can be sold in a bundle or purchased separately. Make offers contingent upon inspection, all reasonable offers will be considered. Do Not Disturb Tenants. Additional MLS #'s are 10065182, 10065184, 10065185, 10065186, 10065188, 10065191, 10065192, 10065195, 10065196. (Total package $1,001,900.)

Last Agent to Sell the Property

Javonne Grandison

eXp Realty, LLC License #333311 Listed on: 11/01/2019

eXp Realty, LLC

Last Buyer's Agent

Max Rubenstein

Keller Williams License #336722

Keller Williams

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Pinckley Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 054044 00034

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: PINCKLEY
  • Freestanding: Yes
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Estimated Sq Ft: 1552
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Miscellaneous Interior: Unknown

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.16
  • Lot Size: 7350 sq ft

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 054044 00034

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Lucchesi Samuel Phillip
Bought by
Belle Case Llc
Current Estimated Value
$142,706

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 12, 2019
Sold by
Nguyen Cong Chi and Nguyen Xuan Thi
Bought by
Lucchesi Samuel
Seller's Agent
Javonne Grandison
eXp Realty, LLC
Buyer's Agent
Max Rubenstein
Keller Williams
List Price
$125,000
Sold Price
$98,000
Premium/Discount to List
-$27,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$73,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Do Phuong
Bought by
Nguyen Cong Chi and Nguyen Xuan Thi

Purchase Details

Closed on
Jan 17, 2006
Sold by
Pham Thach N
Bought by
Do Phuong

Purchase Details

Closed on
May 5, 2005
Sold by
Pham Thach N
Bought by
Pham Thach M and Do Phuong

Purchase Details

Closed on
Mar 4, 2004
Sold by
Kraemer Curtiss Keith and Handley Janet K
Bought by
Pham Thach N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,350
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Belle Case Llc -- Regency Title & Escrow
Lucchesi Samuel $98,000 Saddle Creek Title Llc
Nguyen Cong Chi $57,000 Lawyers Title Insurance Corp
Do Phuong -- None Available
Pham Thach M -- --
Pham Thach N $51,500 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucchesi Samuel $73,500
Previous Owner Pham Thach N $46,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $98,000 -21.6% $63 / Sq Ft
11/01/2019 11/01/19 For Sale $125,000 -- $81 / 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 $757 $46,800 $8,520 $38,280
2024 $757 $22,320 $3,800 $18,520
2023 $757 $22,320 $3,800 $18,520
2022 $1,360 $22,320 $3,800 $18,520
2021 $1,376 $22,320 $3,800 $18,520
2020 $1,368 $18,880 $3,040 $15,840
2019 $603 $18,880 $3,040 $15,840
2018 $603 $18,880 $3,040 $15,840
2017 $618 $18,880 $3,040 $15,840
2016 $851 $19,480 $0 $0
2014 $851 $19,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Javonne Grandison

    Seller's Agent in 2019

    Javonne Grandison

    eXp Realty, LLC

    (888) 519-5113

    19 Total Sales

    Javonne Grandison
    Section Image
  • Max Rubenstein

    Buyer's Agent in 2019

    Max Rubenstein

    Keller Williams

    (901) 826-8351

    10 in this area

    90 Total Sales

    Max Rubenstein
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10065189

Memphis Area Association of REALTORS®

APN: 05-4044-0-0034

Tennessee Shelby County Memphis 38122 East Memphis

557 Berclair Rd, Memphis, TN

Not Listed for Sale

MultiFamily

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