NOT LISTED FOR SALE

Estimated Value: $166,000 - $188,000

3 Beds
3 Baths
2,732 Sq Ft
$64/Sq Ft Est. Value

Last Sold February 08, 2012

Last sale price $26,000 $10 Per Sq Ft

Est. 573% increase in value since last sale

Current estimated payment $1,004/month

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • Wall to Wall Carpet
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of February 2012

One half of this unit is occupied. The unoccupied unit does need some work. Each unit has 3 bedrooms and 2 1/2 baths.

Last Agent to Sell the Property

Mary Baker

REMAX Experts License #250352 Listed on: 12/23/2011

Co-Listed By

Mindy Creech

REMAX Experts License #270878

Last Buyer's Agent

Jim Pickens

Lawrence Johnson, REALTORS License #290757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $875

Year Built

  • Built in 1972

Lot Details

  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Community Details

  • Heritage Colony 1St Addn Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 F00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$875

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: CLARKE
  • Second Address Number: 5582
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK C
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 9.52
  • Estimated Sq Ft: 2732
  • Year Built: 1972
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor, Sprayed Ceiling
  • Estimated Entire Duplex Sq Ft: 2600-2799

Exterior Features

  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Individual System

Lot Info

  • Lot Description: Level
  • Lot Number: 409
  • Lot Size: 75/74.98 X 131.03/130

Tax Info

  • Assessor Parcel Number: 093417 F00031

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2016
Sold by
Real Estate Solutions Memphis Llc
Bought by
5580 Apple Blossom Llc
Current Estimated Value
$175,040

Purchase Details

Listed on
Dec 23, 2011
Closed on
Feb 21, 2012
Sold by
Abruzzo Joseph
Bought by
Real Estate Solutions Memphis Llc
Seller's Agent
Mary Baker
REMAX Experts
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$29,900
Sold Price
$26,000
Premium/Discount to List
-$3,900
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%

Purchase Details

Listed on
Dec 23, 2011
Closed on
Jan 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Abruzzo Joseph
Seller's Agent
Mary Baker
REMAX Experts
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$29,900
Sold Price
$26,000
Premium/Discount to List
-$3,900
-13.04%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Ortiz Dietz Robert
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 16, 2008
Sold by
Ortiz Dietz Robert
Bought by
State Trustee Services Llc and 5580-5582 Apple Blossom Drive Land Trust

Purchase Details

Closed on
Mar 18, 2008
Sold by
Tennessee Investment Properties
Bought by
Ortiz Dietz Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2000
Sold by
Aames Capital Corp
Bought by
Southern Capital Management Llc

Purchase Details

Closed on
Nov 18, 1999
Sold by
Brown Dwan A and Brown Venesia G
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
5580 Apple Blossom Llc -- Attorney
Real Estate Solutions Memphis Llc -- Westenn Title & Escrow Servi
Abruzzo Joseph $26,000 Westenn Title
Federal Home Loan Mortgage Corp $27,900 None Available
State Trustee Services Llc -- None Available
Ortiz Dietz Robert $115,000 Tam Title & Escrow Llc
Southern Capital Management Llc $50,000 --
Aames Capital Corp $119,228 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Dietz Robert $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2012 02/08/12 Sold $26,000 -13.0% $10 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $29,900 -- $11 / 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 $875 $62,240 $8,600 $53,640
2024 $875 $25,800 $5,400 $20,400
2023 $1,572 $25,800 $5,400 $20,400
2022 $1,572 $25,800 $5,400 $20,400
2021 $1,590 $25,800 $5,400 $20,400
2020 $1,896 $26,160 $5,400 $20,760
2019 $1,896 $26,160 $5,400 $20,760
2018 $1,896 $26,160 $5,400 $20,760
2017 $1,075 $26,160 $5,400 $20,760
2016 $1,220 $27,920 $0 $0
2014 $1,220 $27,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3237757

Memphis Area Association of REALTORS®

APN: 09-3417-F0-0031