$1,000,000
SOLD DEC 30, 2021
12 Beds
-- Bath
7,770 Sq Ft
0.66 Acres

Recently Sold

$129 Per Sq Ft

12% Below List Price

9 Days on Market

Highlights

  • 0.66 Acre Lot
  • Landscaped
  • 1-Story Property
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of December 2021

6 Free Standing Duplexes on one parcel in the Uptown Neighborhood, 12 total units, all 1-BR, all currently rented. Multiple Offers in place.

Last Agent to Sell the Property

Patrick Surratt

Crye-Leike Commercial License #293720 Listed on: 11/22/2021

Crye-Leike Commercial

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 1938

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 159x166
  • Chain Link Fence
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 7,770 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet
  • Crawl Space
  • Free-Standing Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • Paved Parking
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 12 Units
  • Greenlaw Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 001082 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,610

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 741C
  • MAAR Subdivision Name: GREENLAW
  • Freestanding: Yes
  • List Price Per Sq Ft: 147
  • Number Of Stories: 1
  • Price Per Sq Ft: 1515151.52
  • Estimated Sq Ft: 7770
  • Year Built: 1938
  • Construction: Brick/Veneer, Vinyl Siding
  • List Price Per Unit: 95000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Wood Laminate Floors, 8 Feet
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition
  • Miscellaneous Exterior: Sidewalks, Some Landscaping, Chain Fence

Garage/Parking

  • Parking Facility: Asphalt/Blacktop, Offsite/Street, Attached

Utilities

  • Hot Water: Electrical, Public Water, Public Sewer
  • Cooling Systems: Central, Electrial
  • Heating Systems: Central, Electrical
  • Laundry: Connections, Equipment Owned

Association/Amenities

  • Amenities: Privacy Walls/Fences

Lot Info

  • Lot Number: 269-270
  • Acreage: 0.66
  • Lot Size: 159X166
  • Price Per Acre: 1727273

Rental Info

  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 001082 00001

Multi Family

  • Total Number Of Units: 12
  • Number1 Bedroom Units: 12
  • Type of Unit: 1 BR - 1 Bath, Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 30, 2021
Sold by
Alberson Michael J and Alberson Lynn M
Bought by
Durhan James T and James T Durhan Trust
Seller's Agent
Patrick Surratt
Crye-Leike Commercial
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$1,140,000
Sold Price
$1,000,000
Premium/Discount to List
-$140,000
-12.28%
Current Estimated Value
$826,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,820
Avg. Annual Appreciation
-5.11%

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 12, 2014
Sold by
Sherrod Nelson
Bought by
Alberson Michael J and Alberson Lynn M
Seller's Agent
Henry Cousins
Assured Real Estate Services
Buyer's Agent
Patrick Surratt
Crye-Leike Commercial
List Price
$75,000
Sold Price
$52,000
Premium/Discount to List
-$23,000
-30.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.25%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Freddie Gold and Freddie Goldie
Bought by
Sherrod Nelson and Sherrod Sarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.9%
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 Type Sale Price Title Company
Warranty Deed $1,015,000 None Available
Warranty Deed $52,000 None Available
Warranty Deed $120,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,000,000 -12.3% $129 / Sq Ft
11/22/2021 11/22/21 For Sale $1,140,000 +2092.3% $147 / Sq Ft
05/12/2014 05/12/14 Sold $52,000 -30.7% $40 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $75,000 -- $58 / 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 $2,610 $242,000 $10,200 $231,800
2024 $2,610 $77,000 $1,800 $75,200
2023 $4,691 $77,000 $1,800 $75,200
2022 $4,691 $77,000 $1,800 $75,200
2021 $5,575 $77,000 $1,800 $75,200
2020 $7,395 $94,480 $1,200 $93,280
2019 $2,572 $68,560 $1,200 $67,360
2018 $580 $16,760 $1,200 $15,560
2017 $592 $16,760 $1,200 $15,560
2016 $1,037 $23,720 $0 $0
2014 $1,037 $41,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10113163

Memphis Area Association of REALTORS®

APN: 00-1082-0-0001