NOT LISTED FOR SALE

589 N 5th St Memphis, TN 38105

Uptown Memphis Neighborhood

Estimated Value: $96,889 - $110,000

1 Bed
1 Bath
1,264 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $17,000 $13 Per Sq Ft

Est. 510% increase in value since last sale

Current estimated payment $569/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Brick Veneer
  • Level Lot
  • 4-minute walk to Greenlaw Park

About This Home

As of May 2012

This brick duplex is a good investment opportunity. The units are all 1 bedroom. The scheduled rents are $574 per month.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 03/26/2012

Crye-Leike Commercial

Last Buyer's Agent

Thurman Garrett

Progressive Realty Services License #308174

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 44.5x148.5
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring

Utilities

  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • Greenlaw Subdivision
  • Insurance Expense $400

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 001073 00005

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

6,665 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: CHELSEA
  • MAAR Subdivision Name: GREENLAW
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1264
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 1000-1199

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Wall Heat
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: C526&S
  • Lot Size: 44.5X148.5

Rental Info

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

Tax Info

  • Assessor Parcel Number: 001073 00005

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2017
Sold by
Perez Pedro and Perez Agustina
Bought by
Perez Pedro M and Perez Agusina Q
Current Estimated Value
$103,722

Purchase Details

Closed on
Jun 30, 2014
Sold by
Hulme John
Bought by
Perez Pedro and Perez Agustina

Purchase Details

Listed on
Mar 26, 2012
Closed on
May 4, 2012
Sold by
Epstein Samuel H and Epstein William
Bought by
Hulme John
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Thurman Garrett
Progressive Realty Services
List Price
$30,000
Sold Price
$17,000
Premium/Discount to List
-$13,000
-43.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Epstein Samuel H and Epstein Barbara
Bought by
Epstein Samuel H and Last Will & Testament Of William Epstein
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
Perez Pedro M -- None Available
Perez Pedro $236,900 Title & Escrow Svcs Of Memph
Hulme John $17,000 Multiple
Epstein Samuel H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $17,000 -43.3% $13 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $30,000 -- $24 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $423 $27,000 $3,400 $23,600
2024 $423 $12,480 $1,800 $10,680
2023 $760 $12,480 $1,800 $10,680
2022 $760 $12,480 $1,800 $10,680
2021 $769 $12,480 $1,800 $10,680
2020 $771 $10,640 $1,200 $9,440
2019 $771 $10,640 $1,200 $9,440
2018 $775 $10,640 $1,200 $9,440
2017 $437 $10,640 $1,200 $9,440
2016 $519 $11,880 $0 $0
2014 $519 $11,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2012

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    1 in this area

    79 Total Sales

    Jeffrey Moore
    Section Image

  • T

    Buyer's Agent in 2012

    Thurman Garrett

    Progressive Realty Services

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3243632

Memphis Area Association of REALTORS®

APN: 00-1073-0-0005

Tennessee Shelby County Memphis 38105 Uptown Memphis

589 N 5th St, Memphis, TN

Not Listed for Sale

MultiFamily

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