NOT LISTED FOR SALE
64 Beds
-- Bath
28,800 Sq Ft
1973 Built

Last Sold July 19, 2013

Last sale price $950,000 $33 Per Sq Ft

5 Days on Market

About This Home

As of July 2013

This 32 unit property is located in Highpoint Terrace. The units are all 2 Br 1Ba . The scheduled monthly rents are $17,500 .

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/26/2013

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/26/2013

Crye-Leike Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1973

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 28,800 Sq Ft Home
  • 2-Story Property
  • Built-In Range
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 044093 00100C

Community Details

Overview

  • 2 Buildings
  • 32 Units
  • Highpoint Terrace Subdivision

Building Details

  • Insurance Expense $4,995
  • Utility Expense $1,208

Property Details

Home Type

Apartment

Year Built

Built in 1973

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: HIGHPOINT TERRACE
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 28800
  • Year Built: 1973
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Equipment: Refrigerator, Range/Oven (Built-In)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake, Pitched

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Lot Info

  • Lot Number: 7
  • Lot Size: 66625
  • Improved Sq Ft: 28800
  • Land Sq Ft: 66625

Rental Info

  • Actual Annual Rent: 195320
  • Leaseable Sq Ft: 28800
  • Tenant Pays: All Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 044093 00100C

Multi Family

  • Perc Occ: 90
  • Total Number Of Units: 32
  • Number2 Bedroom Units: 32
  • Type of Unit: 2 BR - 1 Bath
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2013 07/19/13 Sold $950,000 -13.6% $33 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $1,100,000 -- $38 / 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 $7,472 $270,720 $53,280 $217,440
2024 $7,472 $220,400 $29,960 $190,440
2023 $13,426 $220,400 $29,960 $190,440
2022 $13,426 $220,400 $29,960 $190,440
2021 $13,583 $220,400 $29,960 $190,440
2020 $13,101 $180,800 $29,960 $150,840
2019 $13,101 $180,800 $29,960 $150,840
2018 $13,101 $180,800 $29,960 $150,840
2017 $7,431 $180,800 $29,960 $150,840
2016 $5,254 $120,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3270355

Memphis Area Association of REALTORS®
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