NOT LISTED FOR SALE
12 Beds
-- Bath
3,964 Sq Ft
7,841 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $369,000 $93 Per Sq Ft

3 Days on Market

About This Home

As of July 2021

This 6 unit building is located just minutes from Booming Downtown Memphis! The units are all 2 bedroom and 1 bath. The total scheduled monthly income is 2400. Drive by only. Please do not disturb tenants. Make offer contingent on inspection

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/30/2021

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 04/30/2021

Crye-Leike Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,964 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Parking

  • Paved Parking
  • Off-Site Parking

Utilities

  • Floor Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 001083 00010

Community Details

Overview

  • 6 Units
  • Greenlaw Subdivision

Building Details

  • Insurance Expense $1,900

Property Details

Home Type

Apartment

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: GREENLAW
  • Freestanding: Yes
  • List Price Per Sq Ft: 93
  • Number Of Stories: 2
  • Estimated Sq Ft: 3964
  • Year Built: 1974
  • Construction: Brick/Veneer
  • List Price Per Unit: 61500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop, Offsite/Street

Utilities

  • Hot Water: Gas
  • Heating Systems: Floor Furnace

Lot Info

  • Lot Number: 264
  • Acreage: 0.18
  • Lot Size: 72.75/74X110/116
  • Improved Sq Ft: 3964
  • Land Sq Ft: 8249

Rental Info

  • Actual Annual Rent: 28800
  • Leaseable Sq Ft: 3964
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 001083 00010

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 6
  • Number2 Bedroom Units: 6
  • Type of Unit: 2 BR - 1 Bath

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2021 07/22/21 Sold $369,000 0.0% $93 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $369,000 +570.9% $93 / Sq Ft
05/31/2012 05/31/12 Sold $55,000 -11.3% $14 / Sq Ft View Prior Sale
05/15/2012 05/15/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $62,000 -- $16 / 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 $812 $109,440 $11,560 $97,880
2024 $812 $23,960 $8,240 $15,720
2023 $1,460 $23,960 $8,240 $15,720
2022 $1,460 $23,960 $8,240 $15,720
2021 $827 $23,960 $8,240 $15,720
2020 $1,653 $21,760 $8,240 $13,520
2019 $772 $21,760 $8,240 $13,520
2018 $772 $21,760 $8,240 $13,520
2017 $788 $21,760 $8,240 $13,520
2016 $1,017 $23,280 $0 $0
2014 $1,017 $23,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098409

Memphis Area Association of REALTORS®