NOT LISTED FOR SALE

669 Harrell St Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $152,000 - $595,135

6 Beds
6 Baths
3,669 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $50,000 $14 Per Sq Ft

Est. 540% increase in value since last sale

Current estimated payment $1,880/month

About This Home

As of January 2019

Great rehab opportunity for investors looking to own multiple units! Can be sold as a package with duplex at 685 Harrell St, 38112. All 8 units for $80,000. CASH OFFERS ONLY!

Last Agent to Sell the Property

Ellecia Hayes

Keller Williams License #345833 Listed on: 12/07/2018

Keller Williams

Last Buyer's Agent

Sherry Scott Chambers

Crye-Leike, Inc., REALTORS License #273328

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1952

Lot Details

  • 0.26

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,669 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • 0.26 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Summer Avenue Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 052065 00006

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,254

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MLS Map #: 751A
  • MAAR Subdivision Name: SUMMER AVE
  • Freestanding: Yes
  • List Price Per Sq Ft: 18
  • Number Of Stories: 1
  • Price Per Sq Ft: 192307.69
  • Estimated Sq Ft: 3669
  • Year Built: 1952
  • Construction: Brick
  • List Price Per Unit: 10833.33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Dry Wall

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Offsite/Street

Utilities

  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 25 and 26
  • Acreage: 0.26
  • Lot Size: 0.26
  • Price Per Acre: 250000

Rental Info

  • Leaseable Sq Ft: 3200
  • Tenant Pays: All Utilities

Tax Info

  • Assessor Parcel Number: 052065 00006

Multi Family

  • Total Number Of Units: 6
  • Number1 Bedroom Units: 6
  • Number Other Units: 6
  • Type of Unit: 1 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Life S Epihany Inc
Bought by
Lohafis Llc
Current Estimated Value
$320,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$228,275
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$91,759

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 10, 2019
Sold by
Honton Ben and Hayes Michael
Bought by
Lifes Epiphany Inc
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.50%

Purchase Details

Listed on
Dec 7, 2018
Closed on
Dec 4, 2018
Sold by
Dawning Investments Llc
Bought by
Horton Ben and Hayes Michael
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Purchase Details

Listed on
Dec 7, 2018
Closed on
Nov 19, 2018
Sold by
Mountain Wst Ira Inc
Bought by
Dawning Investments Llc
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Purchase Details

Closed on
Jun 8, 2018
Sold by
Hudson Kevin D
Bought by
Muntain West Ira Inc Fbo and Brenda Roberts Ira

Purchase Details

Closed on
Jun 8, 2015
Sold by
Pegasus Real Estate Services Llc
Bought by
Paid Propwrties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2015
Sold by
Rmr Properties
Bought by
Pegasus Real Estate Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2005
Sold by
Robinson Rob
Bought by
Rmr Properties Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Citifinancial Mortgage Co
Bought by
Robinson Rob

Purchase Details

Closed on
Apr 13, 2005
Sold by
Weston Jacques
Bought by
Citifinancial Mortgage Co and Associates Financial Services Co Inc

Purchase Details

Closed on
Dec 22, 1997
Sold by
Vining Will and Vining Phyllis L
Bought by
Weston Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
11%
Mortgage Type
Seller Take Back
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
Lohafis Llc $325,000 Erickson Title & Closing Ll
Lifes Epiphany Inc $50,000 Regency Title & Escrow Llc
Horton Ben $25,000 None Available
Dawning Investments Llc $100,000 Fntg
Muntain West Ira Inc Fbo $130,000 None Available
Paid Propwrties Llc $95,000 Saddle Creek Title Llc
Pegasus Real Estate Services Llc $118,000 Executive Title & Closing In
Rmr Properties Llc -- Lenders Title & Escrow Llc
Robinson Rob $59,000 Lenders Title & Escrow Llc
Citifinancial Mortgage Co $79,000 --
Weston Jacques $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lohafis Llc $260,000
Previous Owner Paid Propwrties Llc $160,000
Previous Owner Weston Jacques $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $50,000 -23.1% $14 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $65,000 -- $18 / 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 $2,254 $105,280 $3,600 $101,680
2024 $2,254 $66,480 $1,800 $64,680
2023 $4,050 $66,480 $1,800 $64,680
2022 $4,050 $66,480 $1,800 $64,680
2021 $4,097 $66,480 $1,800 $64,680
2020 $3,351 $46,240 $1,800 $44,440
2019 $294 $9,200 $1,800 $7,400
2018 $1,037 $32,440 $1,800 $30,640
2017 $1,061 $32,440 $1,800 $30,640
2016 $1,706 $39,040 $0 $0
2014 $1,706 $39,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Ellecia Hayes

    Keller Williams

    (901) 736-9245

    44 Total Sales

    Ellecia Hayes
    Section Image
  • Sherry Scott Chambers

    Buyer's Agent in 2019

    Sherry Scott Chambers

    Crye-Leike

    (901) 216-3470

    1 in this area

    76 Total Sales

    Sherry Scott Chambers
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042086

Memphis Area Association of REALTORS®

APN: 05-2065-0-0006

Tennessee Shelby County Memphis 38112 Binghampton

669 Harrell St, Memphis, TN

This home is located at 669 Harrell St, Memphis, TN 38112 since 07 December 2018 and is currently estimated at $320,034, approximately $87 per square foot. This property was built in 1952. 669 Harrell St is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Douglass High School.

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