NOT LISTED FOR SALE

Estimated Value: $59,000 - $74,638

1 Bed
1 Bath
1,667 Sq Ft
$40/Sq Ft Est. Value

Last Sold March 25, 2025

Last sale price $60,000 $36 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $358/month

72 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of March 2025

Location, location, location ! Midtown duplex is within walking distance of Overton Park, Broad Ave restaurants, and multiple new apartment buildings. 1 bedroom/ 1 bath on each side 1669 total sf per tax assessor record. Both sides are vacant so it's ready for your remodeling. Unit 1 has power on currently, and will need cosmetic repairs. Unit 2 had a kitchen fire, so it will need a COMPLETE renovation. Work that has been completed on Unit 2 include: brand new vinyl windows all around, new electrical panel installed and inspected and power is on to the panel with a temp outlet. Unpainted brick exterior is in good shape. Double driveways and lot size 50 x 125. Fully boarded up and new security chain link fence on the property. Sold as-is, prefer closing within 21 days $1,000 Earnest Money. POF required with all offers.

Last Agent to Sell the Property

Sam Hanks

Broker South Realty License #285943 Listed on: 12/08/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x127
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,667 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Car Attached Garage
  • Carport

Utilities

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

Community Details

  • Crump & Guthries Summer & Cherry Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052037 00020

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: CRUMP & GUTHRIE SUMMER & CHERRY
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1667
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Number Of Fireplaces: 2

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A

Utilities

  • Heating: Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 19
  • Acreage: 0.14
  • Lot Size: 50X127
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 052037 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Mar 24, 2025
Sold by
Daniel Luojia
Bought by
Tn Mem2 Llc
Seller's Agent
Sam Hanks
Broker South Realty
List Price
$68,820
Sold Price
$60,000
Premium/Discount to List
-$8,820
-12.82%
Views
63
Current Estimated Value
$65,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,910
Avg. Annual Appreciation
12.80%
Original Mortgage
$105,000
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2013
Sold by
County Of Shelby
Bought by
Daniel Luojia
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
Tn Mem2 Llc $60,000 Coventry Escrow & Title
Daniel Luojia $6,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tn Mem2 Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $60,000 -11.5% $36 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $67,820 -1.5% $41 / Sq Ft
12/08/2024 12/08/24 For Sale $68,820 -- $41 / 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 $171 $13,720 $8,000 $5,720
2024 $171 $5,040 $3,200 $1,840
2023 $307 $5,040 $3,200 $1,840
2022 $307 $5,040 $3,200 $1,840
2021 $1,245 $20,200 $3,200 $17,000
2020 $1,267 $17,480 $3,200 $14,280
2019 $1,267 $17,480 $3,200 $14,280
2018 $1,267 $17,480 $3,200 $14,280
2017 $718 $17,480 $3,200 $14,280
2016 $673 $15,400 $0 $0
2014 $673 $22,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186383

Memphis Area Association of REALTORS®

APN: 05-2037-0-0020