NOT LISTED FOR SALE

Estimated Value: $134,000 - $170,000

2 Beds
2 Baths
1,565 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $63,000 $40 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $928/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Storm Windows

About This Home

As of March 2016

VOLLLINTINE-EVERGREEN DISTRICT: Great investment opportunity near Overton Park and only 3 blocks from Rhodes College. Needs updates/repairs and will need to be a cash sale. Each side has 2 Bedrooms/2 Baths. Unit 1 has been updated but Unit 2 has not. The range in Unit 2 will not remain with property - it is the property of the tenant.

Last Agent to Sell the Property

Francis Hughes

Crye-Leike, Inc., REALTORS License #280846 Listed on: 12/28/2015

Crye-Leike, Inc., REALTORS

Co-Listed By

Joann Hughes

Crye-Leike, Inc., REALTORS License #287270

Last Buyer's Agent

Francis Hughes

Crye-Leike, Inc., REALTORS License #280846 Listed on: 12/28/2015

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1912

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140.8
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Built-Up Roof
  • Pier And Beam

Interior Spaces

  • Walk-In Closet
  • 1,565 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range

Flooring

  • Wood
  • Laminate
  • Tile

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Mini Split Heat Pump
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • University Park Blk 3 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 036062 00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,351

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Tutwiler Ave
  • Second Address Number: 659
  • MLS Map #: 744D
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.26
  • Estimated Sq Ft: 1565
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile, Sprayed Ceiling
  • Appliances Equipment: Range/Oven (Freestanding), Smoke Detector(s)
  • Estimated Entire Duplex Sq Ft: 1400-1599
  • Miscellaneous Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Attic Access, Cable Wired, Cable Available

Exterior Features

  • Misc Exterior: Porch, Patio, Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum/Steel Siding, Storm Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles, Built-Up/Flat

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Electric Cooling, 1 Window Unit per Unit, 220 Wiring, Individual Cooling
  • Heating: Electric, Wall Heat, Individual Heat
  • Hot Water: Gas, House System

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 13
  • Acreage: 0.16
  • Lot Size: 50 X 140.8
  • Price Per Acre: 437500

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance

Tax Info

  • Assessor Parcel Number: 036062 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2015
Closed on
Mar 9, 2016
Sold by
C A P S Managment Inc
Bought by
Tiger Properties Llc
Seller's Agent
Francis Hughes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Francis Hughes
Crye-Leike, Inc., REALTORS
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%
Current Estimated Value
$154,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,099
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Mar 31, 2007
Sold by
West Bonnie
Bought by
Caps Management Inc

Purchase Details

Closed on
Dec 1, 2003
Sold by
Swailes Arthur W and Swailes Charlotte A
Bought by
C A P S Management Inc
Source: Public Records

Range of Values:

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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
Tiger Properties Llc $63,000 Delta Title Services Llc
Caps Management Inc -- None Available
C A P S Management Inc -- --
C A P S Management Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $63,000 -10.0% $40 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/28/2015 12/28/15 For Sale $70,000 -- $45 / 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 $1,351 $62,400 $18,080 $44,320
2024 $1,351 $39,840 $11,600 $28,240
2023 $2,427 $39,840 $11,600 $28,240
2022 $2,427 $39,840 $11,600 $28,240
2021 $2,455 $39,840 $11,600 $28,240
2020 $2,446 $33,760 $11,600 $22,160
2019 $2,446 $33,760 $11,600 $22,160
2018 $2,446 $33,760 $11,600 $22,160
2017 $1,618 $39,360 $11,600 $27,760
2016 $1,475 $33,760 $0 $0
2014 $1,475 $33,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9967526

Memphis Area Association of REALTORS®

APN: 03-6062-0-0015