NOT LISTED FOR SALE

702 E Mclemore Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $80,659 - $94,000

2 Beds
1 Bath
2,000 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $22,000 $11 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $506/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Brick Veneer
  • Wood Flooring
  • Porch
  • Landscaped

About This Home

As of April 2019

Hard to find duplex down the street from history. Both units are occupied. Do not trespass. The seller is selling with units occupied. There are no showings. The seller won't consider showings until offer is accepted. ASIS sale required cash purchase. Please contact listing agent with questions.

Last Agent to Sell the Property

Micah Layman

Ware Jones, REALTORS License #310771 Listed on: 03/11/2019

Ware Jones, REALTORS

Last Buyer's Agent

Leah Douglas-Wooten

Progressive Realty Services License #241842

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35 x 140
  • Landscaped

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Den
  • Wood Flooring

Additional Features

  • Porch
  • Window Unit Cooling System

Community Details

  • Elizabeth Moore Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 025037 00029

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional, Bungalow
  • MAAR Subdivision Name: ELIZABETH MOORE
  • Freestanding: Yes
  • List Price Per Sq Ft: 13
  • Number Of Stories: 2
  • Estimated Sq Ft: 2000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Estimated Entire Duplex Sq Ft: 2000-2199
  • Miscellaneous Interior: All Window Treatments

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit

Lot Info

  • Lot Description: Landscaped
  • Lot Number: PT 37and38
  • Acreage: 0.11
  • Lot Size: 35 X 140

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 025037 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 18, 2019
Sold by
2019 Castle Llc
Bought by
Mdm Investments Of Memphis Llc
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Leah Douglas-Wooten
Progressive Realty Services
List Price
$25,900
Sold Price
$22,000
Premium/Discount to List
-$3,900
-15.06%
Current Estimated Value
$87,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,415
Avg. Annual Appreciation
22.94%

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 1, 2019
Sold by
Hsbc Bank Usa Na
Bought by
2019 Castle Llc
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Leah Douglas-Wooten
Progressive Realty Services
List Price
$25,900
Sold Price
$22,000
Premium/Discount to List
-$3,900
-15.06%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Graham Isaiah and Graham Sylvia
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Nov 6, 2002
Sold by
Isabel Julius
Bought by
Graham Sylvia
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
Mdm Investments Of Memphis Llc $22,000 Preferred T&E Llc
2019 Castle Llc $10,160 Premium Title Services Inc
Hsbc Bank Usa $22,000 None Available
Graham Sylvia -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $22,000 -15.1% $11 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $25,900 -- $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 $587 $22,440 $2,800 $19,640
2024 $587 $17,320 $1,400 $15,920
2023 $1,055 $17,320 $1,400 $15,920
2022 $1,055 $17,320 $1,400 $15,920
2021 $1,254 $17,320 $1,400 $15,920
2020 $1,762 $24,320 $1,400 $22,920
2019 $777 $24,320 $1,400 $22,920
2018 $777 $24,320 $1,400 $22,920
2017 $796 $24,320 $1,400 $22,920
2016 $1,093 $25,000 $0 $0
2014 $1,093 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micah Layman

    Seller's Agent in 2019

    Micah Layman

    Ware Jones, REALTORS

    (901) 634-9114

    3 in this area

    54 Total Sales

    Micah Layman
    Section Image
  • Leah Douglas-Wooten

    Buyer's Agent in 2019

    Leah Douglas-Wooten

    Progressive Realty Services

    (901) 859-7637

    46 Total Sales

    Leah Douglas-Wooten
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10047723

Memphis Area Association of REALTORS®

APN: 02-5037-0-0029

Tennessee Shelby County Memphis 38106 South Memphis

702 E Mclemore Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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