NOT LISTED FOR SALE

721 Roanoke Ave Unit 723 Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $69,303 - $145,000

2 Beds
1 Bath
1,624 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $128,250 $79 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $577/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • 1-Story Property
  • Some Wood Windows
  • Heating Available

About This Home

As of April 2023

Back on market. Buyer unable to obtain financing in a timely manner. Rehabbed Home. Rent is $1645/mo. Multiple properties, bulk sale preferred (may sell individually). Multiple properties recently rehabbed & sec 8 tenants (guaranteed rent). Don't disturb tenants. 1917 FARRINGTON, 1033 KNEY, 803 N. DUNLAP, 1612 MAY,894 N. DUNLAP, 804 KEEL, 2314 CHELSEA, 3135 WOODROW, 1328 LAMBERT, 2197 CLAYTON, 1436 AUSTIN, 260 W. DAVANT. 1772 PRESTON, 885 PEARCE,1029 LAGRANGE, 721 ROANOAKE ($2,010,000)

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/01/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Christy Palmer

BHHS McLemore & Co., Realty License #351425

BHHS McLemore & Co., Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 1946

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 92x148
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Tile Flooring

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Community Details

  • Daneri Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025071 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$471

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 723
  • MAAR Subdivision Name: DANERI
  • Freestanding: Yes
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Estimated Sq Ft: 1624
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 2+ Window Units per Unit
  • Heating: Electric
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Lot Number: W PT 10
  • Acreage: 0.31
  • Lot Size: 92X148

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 025071 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Apr 6, 2023
Sold by
Willangava Properties Llc
Bought by
Fender Jason
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Christy Palmer
BHHS McLemore & Co., Realty
List Price
$120,000
Sold Price
$128,250
Premium/Discount to List
$8,250
6.88%
Views
8
Current Estimated Value
$102,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,424
Avg. Annual Appreciation
-8.27%
Original Mortgage
$102,600
Outstanding Balance
$96,155
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$6,671

Purchase Details

Closed on
Sep 23, 2022
Sold by
Sandra Miller
Bought by
Willangava Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,475
Interest Rate
5.13%
Mortgage Type
Construction
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
Fender Jason $128,250 None Listed On Document
Willangava Properties Llc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fender Jason $102,600
Previous Owner Willangava Properties Llc $88,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $128,250 +6.9% $79 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $120,000 0.0% $74 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $120,000 -- $74 / 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 $471 $23,440 $3,000 $20,440
2024 $471 $13,880 $1,200 $12,680
2023 $846 $13,880 $1,200 $12,680
2022 $0 $13,880 $1,200 $12,680
2021 $535 $8,675 $750 $7,925
2020 $717 $9,900 $750 $9,150
2019 $316 $9,900 $750 $9,150
2018 $316 $9,900 $750 $9,150
2017 $324 $9,900 $750 $9,150
2016 $475 $10,875 $0 $0
2014 $475 $10,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2023

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    83 in this area

    1,198 Total Sales

    Tyler Tapley
    Section Image
  • Christy Palmer

    Buyer's Agent in 2023

    Christy Palmer

    BHHS McLemore & Co., Realty

    (901) 602-6459

    2 in this area

    52 Total Sales

    Christy Palmer
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141298

Memphis Area Association of REALTORS®

APN: 02-5071-0-0001

Tennessee Shelby County Memphis 38106 South Memphis

721 Roanoke Ave Unit 723, Memphis, TN

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