NOT LISTED FOR SALE

Estimated Value: $54,816 - $94,000

1 Bed
1 Bath
1,015 Sq Ft
$71/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $44,000 $43 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $410/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Brick Veneer
  • Combination Dining and Living Room

About This Home

As of January 2021

Great investment opportunity! Both sides are occupied. TOTAL OF $870 RENT PER MONTH!!! Unit 682 pays $450 per month. Unit $684 pays $420 per month. NEW ROOF! Duplex is in good condition. Property being sold As Is. Showings contingent upon accepted offer. Proof of funds or preapproval letter to be submitted with all offers. Seller prefers cash offers.

Last Agent to Sell the Property

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159 Listed on: 01/05/2021

BEST Real Estate Company

Last Buyer's Agent

Tara Bradley

Crye-Leike, Inc., REALTORS License #313089

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room

Utilities

  • Central Heating and Cooling System

Community Details

  • Summer Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052070 00025

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: SUMMER AVE
  • Freestanding: Yes
  • List Price Per Sq Ft: 44
  • Number Of Stories: 1
  • Estimated Sq Ft: 1015
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Smooth Ceiling

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 167
  • Acreage: 0.11
  • Lot Size: 50X100

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 052070 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jan 25, 2021
Sold by
Gomero Elida and Lopez Israel
Bought by
Mohammed Said
Seller's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
Buyer's Agent
Tara Bradley
Crye-Leike, Inc., REALTORS
List Price
$45,000
Sold Price
$44,000
Premium/Discount to List
-$1,000
-2.22%
Current Estimated Value
$71,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,704
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Apr 4, 2015
Sold by
Sy Anthony Joseph
Bought by
Lopez Israel and Gomero Elida

Purchase Details

Closed on
May 23, 2014
Sold by
County Of Shelby
Bought by
Fm 682 Lipford Trust

Purchase Details

Closed on
Feb 10, 2009
Sold by
Williams Fannie B
Bought by
White T Forrest

Purchase Details

Closed on
Jun 2, 2008
Sold by
Brown Fred
Bought by
Williams Fannie B

Purchase Details

Closed on
May 21, 2004
Sold by
Taxpayers Delinquent
Bought by
White Forrest and Brown Fred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mohammed Said $44,000 Delta Title Services
Lopez Israel -- None Available
Fm 682 Lipford Trust $9,000 None Available
White T Forrest -- None Available
Williams Fannie B -- None Available
Williams Fannie B -- None Available
Williams Fannie B -- None Available
Williams Fannie B -- None Available
White Forrest $5,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $44,000 -2.2% $43 / Sq Ft
01/05/2021 01/05/21 For Sale $45,000 -- $44 / 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 $396 $16,600 $3,600 $13,000
2024 $396 $11,680 $1,800 $9,880
2023 $712 $11,680 $1,800 $9,880
2022 $712 $11,680 $1,800 $9,880
2021 $317 $11,680 $1,800 $9,880
2020 $896 $12,360 $1,800 $10,560
2019 $395 $12,360 $1,800 $10,560
2018 $395 $12,360 $1,800 $10,560
2017 $404 $12,360 $1,800 $10,560
2016 $537 $12,280 $0 $0
2014 $603 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091231

Memphis Area Association of REALTORS®

APN: 05-2070-0-0025