NOT LISTED FOR SALE

Estimated Value: $222,000 - $302,000

2 Beds
1 Bath
2,656 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $182,500 $69 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,613/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Great Room
  • Wood Flooring
  • Corner Lot
  • Some Wood Windows

About This Home

As of May 2021

Great opportunity for your investors or Owner Occupied buyers. Two story break 2 bedroom 1 bath Duplex (UP & DOWN) at the corner of North Avalon St and Jackson Ave. Nice size bedrooms, Formal Living /dining room, hardwood floors through out, kitchen, laundry area central AC, "Hurry up"

Last Agent to Sell the Property

Saeed Nia

Crye-Leike Commercial License #262340 Listed on: 03/15/2021

Crye-Leike Commercial

Last Buyer's Agent

Tim Tanner

Crye-Leike, Inc., REALTORS License #272221

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1926

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62x155
  • Corner Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Wood Flooring
  • Partial Basement

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • University Park Blk 17 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036032 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,905

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Avalon
  • Second Address Number: 1607
  • MLS Map #: 744D
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 75
  • Number Of Stories: 2
  • Price Per Sq Ft: 68.71
  • Estimated Sq Ft: 2656
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central Cooling
  • Heating: Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 1
  • Acreage: 0.18
  • Lot Size: 62X155
  • Price Per Acre: 1111111

Tax Info

  • Assessor Parcel Number: 036032 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 13, 2021
Sold by
Snyder Catherine L
Bought by
Tanner Tim C
Seller's Agent
Saeed Nia
Crye-Leike Commercial
Buyer's Agent
Tim Tanner
Crye-Leike, Inc., REALTORS
List Price
$200,000
Sold Price
$182,500
Premium/Discount to List
-$17,500
-8.75%
Current Estimated Value
$275,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,540
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Jul 20, 2007
Sold by
Pham Ngoc Bich T
Bought by
Snyder Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1996
Sold by
Leake Earl Wayne
Bought by
Pham Ngoc Bich T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,980
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
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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
Tanner Tim C $182,500 None Listed On Document
Snyder Catherine L $122,500 Realty Title & Escrow
Pham Ngoc Bich T $62,000 Security Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snyder Catherine L $98,000
Previous Owner Pham Ngoc Bich T $48,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $182,500 -8.8% $69 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $200,000 0.0% $75 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $200,000 -- $75 / 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 $1,905 $135,960 $19,600 $116,360
2024 $1,905 $56,200 $12,600 $43,600
2023 $3,424 $56,200 $12,600 $43,600
2022 $3,424 $56,200 $12,600 $43,600
2021 $1,212 $35,125 $7,875 $27,250
2020 $2,348 $32,400 $7,875 $24,525
2019 $1,035 $32,400 $7,875 $24,525
2018 $1,036 $32,400 $7,875 $24,525
2017 $1,060 $32,400 $7,875 $24,525
2016 $1,387 $31,750 $0 $0
2014 $1,387 $31,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095214

Memphis Area Association of REALTORS®

APN: 03-6032-0-0001