$20,000
SOLD OCT 11, 2019

672 Hillcrest St Memphis, TN 38112

Binghampton Neighborhood
2 Beds
1 Bath
1,680 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

11% Below List Price

Highlights

  • Traditional Architecture
  • Wood Fence
  • 1-Story Property

About This Home

As of November 2021

Investment duplex in pocket neighborhood right of Summer Ave. One side is rented at $425/mo. Subject to tenants rights. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Cortney Lester

Franchise Realty, LLC License #306978 Listed on: 09/23/2019

Last Buyer's Agent

Miki Brewer

McWaters & Associates License #330550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x149.6
  • Wood Fence
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038013 00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$418

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 674
  • MLS Map #: 751A
  • MAAR Subdivision Name: HILLCREST
  • Freestanding: Yes
  • List Price Per Sq Ft: 13
  • Number Of Stories: 1
  • Price Per Sq Ft: 11.9
  • Estimated Sq Ft: 1680
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Wood Fenced, Chain Fenced
  • Lot Number: 97
  • Acreage: 0.17
  • Lot Size: 50X149.6
  • Price Per Acre: 132353

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 038013 00026

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Memphis Investment Properties Llc
Bought by
Hines Russell Paul
Current Estimated Value
$128,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,675
Outstanding Balance
$102,430
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$26,043

Purchase Details

Listed on
Sep 5, 2021
Closed on
Nov 30, 2021
Sold by
Bt Investments Nz Llc
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Miki Brewer
McWaters & Associates
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%
Original Mortgage
$115,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 10, 2019
Sold by
Wo Sfr Llc
Bought by
Bt Investments Nz Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Miki Brewer
McWaters & Associates
List Price
$22,500
Sold Price
$20,000
Premium/Discount to List
-$2,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.36%

Purchase Details

Listed on
Sep 23, 2019
Closed on
Aug 20, 2019
Sold by
Vincent Albert W
Bought by
Wo Sfr Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Miki Brewer
McWaters & Associates
List Price
$22,500
Sold Price
$20,000
Premium/Discount to List
-$2,500
-11.11%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Vincent Albert W
Bought by
Albert W Vincent Revocable Living Trust
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 Type Sale Price Title Company
Warranty Deed $144,900 Delta Title Services
Warranty Deed $57,000 Closetrak Llc
Warranty Deed $20,000 None Available
Warranty Deed $8,120 Close Trak Closing & Ttl Svc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,675 New Conventional
Previous Owner $115,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $65,000 0.0% $39 / Sq Ft View Prior Sale
11/01/2021 11/01/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $65,000 -5.8% $39 / Sq Ft
10/05/2021 10/05/21 Price Changed $69,000 -8.0% $41 / Sq Ft
09/05/2021 09/05/21 For Sale $75,000 +275.0% $45 / Sq Ft
10/11/2019 10/11/19 Sold $20,000 -11.1% $12 / Sq Ft
09/29/2019 09/29/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $22,500 -- $13 / 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 $418 $55,680 $3,600 $52,080
2024 $418 $12,320 $1,800 $10,520
2023 $750 $12,320 $1,800 $10,520
2022 $750 $12,320 $1,800 $10,520
2021 $425 $12,320 $1,800 $10,520
2020 $1,333 $18,400 $1,800 $16,600
2019 $588 $18,400 $1,800 $16,600
2018 $588 $18,400 $1,800 $16,600
2017 $602 $18,400 $1,800 $16,600
2016 $1,016 $23,240 $0 $0
2014 $1,016 $23,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Miki Brewer

    McWaters & Associates

    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    7 in this area

    426 Total Sales

    Bradley Reedy
    Section Image
  • Cortney Lester

    Seller's Agent in 2019

    Cortney Lester

    Franchise Realty, LLC

    (901) 552-8557

    59 Total Sales

    Cortney Lester
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10062539

Memphis Area Association of REALTORS®

APN: 03-8013-0-0026

Tennessee Shelby County Memphis 38112 Binghampton

672 Hillcrest St, Memphis, TN

This home is located at 672 Hillcrest St, Memphis, TN 38112 and is currently priced at $20,000, approximately $11 per square foot. This property was built in 1922. 672 Hillcrest St is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

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