NOT LISTED FOR SALE

Estimated Value: $70,000 - $113,000

1 Bed
1 Bath
985 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $75,000 $76 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $501/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of August 2023

Great investment opportunity, all brick with one bedroom and one full bath for each side.

Last Agent to Sell the Property

James Walker

REMAX Experts License #264457 Listed on: 07/16/2023

REMAX Experts

Last Buyer's Agent

James Walker

REMAX Experts License #264457 Listed on: 07/16/2023

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $282

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Longview Hgts Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049052 00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$282

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Prospect
  • MAAR Subdivision Name: LONGVIEW HEIGHTS BLK D
  • Number Of Stories: 1
  • Estimated Sq Ft: 985
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Appliances Equipment: Range/Oven (Built-In)
  • Miscellaneous Interior: All Window Treatments, Cable Wired, Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit, 220 Wiring
  • Heating: Floor Furnace
  • Hot Water: Gas

Lot Info

  • Lot Description: Corner
  • Lot Number: 17
  • Acreage: 0.17
  • Lot Size: 50X150

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 049052 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Aug 18, 2023
Sold by
Cotton Rita F
Bought by
Lewis Darryl A and Lewis Michelle B
Seller's Agent
James Walker
REMAX Experts
Buyer's Agent
James Walker
REMAX Experts
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
68
Current Estimated Value
$91,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,011
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Oct 6, 2008
Sold by
Frison Lillie B
Bought by
Cotton Rita F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,750
Interest Rate
6.36%
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 Buyer Sale Price Title Company
Lewis Darryl A $75,000 Southern Trust Title
Cotton Rita F $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotton Rita F $13,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $75,000 -11.8% $76 / Sq Ft
07/16/2023 07/16/23 For Sale $85,000 -- $86 / 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 $282 $19,225 $2,000 $17,225
2024 $452 $8,325 $1,000 $7,325
2023 $811 $13,320 $1,600 $11,720
2022 $811 $13,320 $1,600 $11,720
2021 $821 $13,320 $1,600 $11,720
2020 $1,180 $16,280 $1,600 $14,680
2019 $1,180 $16,280 $1,600 $14,680
2018 $1,180 $16,280 $1,600 $14,680
2017 $669 $16,280 $1,600 $14,680
2016 $778 $17,800 $0 $0
2014 $778 $17,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152357

Memphis Area Association of REALTORS®

APN: 04-9052-0-0014