Seller's Agent in 2022
Billy Rodgers
Crye-Leike
(901) 260-4780
4 in this area
86 Total Sales
613 Brister St Memphis, TN 38111
East Memphis NeighborhoodEstimated Value: $1,257,000 - $2,983,499
Studio
4
Baths
1,953
Sq Ft
$1,086/Sq Ft
Est. Value
Highlights
- Attached Garage
- Home Security System
- Central Heating and Cooling System
- Security Gate
- Tile Flooring
- Ceiling Fan
About This Home
As of March 2022Great Investment Opportunity. This 8 unit 32 bedroom complex was built for student housing. located at the U of M Campus. This gated complex was built to energy star standards including spray foam insulation walls and ceilings, energy efficient windows and doors radiant barrier roof decking, all LED lighting, energy efficient equipment. Security system with cameras. Each unit has 4 bedroom and 4.5 bath. In addition to built in appliances. Each unit has refrigerator, washer and dryer.
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #294739 Listed on: 11/17/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 2019
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 50x200
- Property is Fully Fenced
- Privacy Fence
- Wood Fence
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,953 Sq Ft Home
- 2-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling height between 8 to 10 feet
- Ceiling Fan
- Washer and Dryer
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Home Security
- Home Security System
- Security Gate
- Fire and Smoke Detector
Parking
- Attached Garage
- Over 1 Space Per Unit
- Secure Parking
Eco-Friendly Details
- Special Energy Features
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 8 Units
- Harry Madison Subdivision
Listing and Financial Details
- Tenant pays for security deposit
- Assessor Parcel Number 046011 00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2022
Sold by
Student Lofts At Brister Llc
Bought by
Madurai Llc
Current Estimated Value
Purchase Details
Listed on
Nov 17, 2021
Closed on
Mar 8, 2022
Sold by
Cobalt Properties Llc
Bought by
Student Lofts At Brister Llc
Seller's Agent
Billy Rodgers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Billy Rodgers
Crye-Leike, Inc., REALTORS
List Price
$3,000,000
Sold Price
$2,550,000
Premium/Discount to List
-$450,000
-15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.52%
Original Mortgage
$2,040,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2017
Sold by
Sax Todd Matthew and Sax Laura
Bought by
Madden Robert J and Hoskins Dale
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 15, 2011
Sold by
Sax Todd
Bought by
Sax Todd Matthew and Sax Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2011
Sold by
Craig Alex and Howell Jeff
Bought by
Sax Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,220
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2010
Sold by
Harris Sharon A and Harris Jerome
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 28, 2006
Sold by
Miller Sharon
Bought by
Harris Jerome and Harris Sharon Miller
Purchase Details
Closed on
Oct 11, 1996
Sold by
Greiner James Clifford
Bought by
Miller Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
9.5%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Madurai Llc | $3,100,000 | Tri-State Title Llc | |
| Student Lofts At Brister Llc | $2,550,000 | Mid South Title Services | |
| Cobalt Properties Llc | -- | Mid South Title Services | |
| Madden Robert J | $132,000 | Saddle Creek Title Llc | |
| Sax Todd Matthew | -- | None Available | |
| Sax Todd | $57,000 | None Available | |
| Craig Alex | $51,000 | None Available | |
| Federal National Mortgage Association | $64,711 | None Available | |
| Harris Jerome | -- | None Available | |
| Miller Sharon | $60,000 | Southern Escrow Title Compan | |
| Miller Sharon | $60,000 | Southern Escrow Title Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Student Lofts At Brister Llc | $2,040,000 | |
| Previous Owner | Madden Robert J | $118,800 | |
| Previous Owner | Sax Todd Matthew | $87,500 | |
| Previous Owner | Sax Todd | $81,220 | |
| Previous Owner | Miller Sharon | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2022 03/08/22 | Sold | $2,550,000 | -10.5% | $1,306 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
| 12/08/2021 12/08/21 | Price Changed | $2,850,000 | -5.0% | $1,459 / Sq Ft |
| 11/17/2021 11/17/21 | For Sale | $3,000,000 | -- | $1,536 / 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 | $21,126 | $928,600 | $4,720 | $923,880 |
| 2024 | $21,126 | $623,200 | $12,000 | $611,200 |
| 2023 | $37,963 | $623,200 | $12,000 | $611,200 |
| 2022 | $37,963 | $623,200 | $12,000 | $611,200 |
| 2021 | $21,500 | $623,200 | $12,000 | $611,200 |
| 2020 | $212 | $6,625 | $6,625 | $0 |
| 2019 | $212 | $6,625 | $6,625 | $0 |
| 2018 | $996 | $31,150 | $6,625 | $24,525 |
| 2017 | $1,019 | $31,150 | $6,625 | $24,525 |
| 2016 | $1,196 | $27,375 | $0 | $0 |
| 2014 | $1,196 | $27,375 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Billy Rodgers
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10112815
APN: 04-6011-0-0009
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