NOT LISTED FOR SALE

Estimated Value: $142,968 - $182,000

1 Bed
1 Bath
1,230 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $72,500 $59 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $945/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Combination Dining and Living Room
  • 1-Story Property
  • Porch
  • Floor Furnace

About This Home

As of October 2014

Close to U of M. Great investment property. Brick duplex with porch.

Last Agent to Sell the Property

Mary Frances Pitts

Ware Jones, REALTORS License #16607 Listed on: 05/09/2014

Ware Jones, REALTORS

Last Buyer's Agent

Steve Woodyard

Woodyard Realty Corp License #217464

Woodyard Realty Corp

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 8,276 Sq Ft Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Additional Features

  • Porch
  • Floor Furnace

Community Details

  • B M Neal Re Of Lot 15 Normal Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046048 00014

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Spottswood
  • MAAR Subdivision Name: NORMAL SCHOOL PLACE
  • List Price Per Sq Ft: 67
  • Number Of Stories: 1
  • Estimated Sq Ft: 1230
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Entire Duplex Sq Ft: 1200-1399

Exterior Features

  • Misc Exterior: Porch

Utilities

  • Heating: Floor Furnace

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.19
  • Lot Size: 50X173.8/173.35

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 046048 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2021
Sold by
Carter Kirk P and Carter Paula W
Bought by
Carter Kirk P and Carter Paula W
Current Estimated Value
$158,742

Purchase Details

Listed on
May 9, 2014
Closed on
Oct 6, 2014
Sold by
Kesran Llc
Bought by
Carter Kirk Paxton
Seller's Agent
Mary Frances Pitts
Ware Jones, REALTORS
Buyer's Agent
Steve Woodyard
Woodyard Realty Corp
List Price
$90,000
Sold Price
$72,500
Premium/Discount to List
-$17,500
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$54,375
Outstanding Balance
$41,778
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$116,964

Purchase Details

Closed on
May 2, 2011
Sold by
Neimeyer Robert A and Story Kathryn E
Bought by
Kesran Llc

Purchase Details

Closed on
Mar 25, 2011
Sold by
Story James S
Bought by
Neimeyer Robert A and Story Kathryn E

Purchase Details

Closed on
Aug 3, 2004
Sold by
Herbers Helen
Bought by
Herbers Sisters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Herbers Sisters
Bought by
Story James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Hines Karen Elizabeth
Bought by
Herbers Sisters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carter Kirk P -- None Available
Carter Kirk P -- None Available
Carter Kirk Paxton $72,500 Mid South Title Services Llc
Kesran Llc $59,274 Multiple
Neimeyer Robert A $59,274 Multiple
Herbers Sisters -- --
Herbers Sisters -- --
Herbers Sisters -- --
Herbers Sisters -- --
Herbers Sisters -- --
Herbers Sisters -- --
Story James S $72,000 --
Herbers Sisters -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Kirk Paxton $54,375
Previous Owner Story James S $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $72,500 -19.4% $59 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $90,000 -- $73 / 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 $1,322 $58,680 $12,240 $46,440
2024 $1,322 $39,000 $9,760 $29,240
2023 $2,376 $39,000 $9,760 $29,240
2022 $2,376 $39,000 $9,760 $29,240
2021 $1,346 $39,000 $9,760 $29,240
2020 $1,974 $27,240 $9,760 $17,480
2019 $871 $27,240 $9,760 $17,480
2018 $786 $24,600 $9,760 $14,840
2017 $805 $24,600 $9,760 $14,840
2016 $1,063 $24,320 $0 $0
2014 $1,063 $24,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9926261

Memphis Area Association of REALTORS®

APN: 04-6048-0-0014

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