NOT LISTED FOR SALE

Estimated Value: $126,000 - $146,000

2 Beds
1 Bath
1,239 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $140,000 $113 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $720/month

38 Days on Market

Highlights

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

About This Home

As of April 2024

INVESTORS ONLY! Fully renovated tenant occupied duplex, 1 side rented & $900, other side rented $975, TOTAL RENT IS $1875, Roof 2020, Wall heaters & window A/C, new water heater, updated plumbing & electrical, huge rehab, Seller also selling--962-964 Joseph, 682-684 Boston,909-911 Lewis (all duplexes) & 1536 Davis (single family) Some tenants are section 8 (guaranteed rent income)..Can buy individually or in bulk. 2/1 on one side 1/1 on other side. No wholesalers, INVESTORS ONLY.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/23/2024

Crye-Leike, Inc., REALTORS

Co-Listed By

Meatha Haynes Tapley

Crye-Leike, Inc., REALTORS License #312020

Last Buyer's Agent

Thomas Zettergren

Premier Realty Group, LLC License #350202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $338

Year Built

  • Built in 1936

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,239 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Tile Flooring

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • Montgomery Park Pl Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 029094 00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$338

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 783
  • MLS Map #: 757A
  • MAAR Subdivision Name: ORANGE MOUND
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 112.99
  • Estimated Sq Ft: 1239
  • Year Built: 1936
  • List Price/ Sq Ft: 123
  • 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: Gas, Wall Heat
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 467-468&
  • Acreage: 0.11
  • Lot Size: 50X100
  • Price Per Acre: 1390000

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 029094 00020

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 29, 2024
Sold by
Willangava Properties Llc
Bought by
Burney-Porter Nehemiah
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Thomas Zettergren
Premier Realty Group, LLC
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Views
58
Current Estimated Value
$131,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,106
Avg. Annual Appreciation
-3.90%
Original Mortgage
$105,000
Outstanding Balance
$103,525
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$28,369

Purchase Details

Closed on
Aug 23, 2023
Sold by
Norman Fredrick
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
$105,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2007
Sold by
Green Tree Servicing Llc
Bought by
Alexander Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2006
Sold by
Robinson Steven R and Robinson Anita E
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Dec 22, 1997
Sold by
Millie Hines and Robinson Steven Robinson
Bought by
Robinson Steven and Robinson Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,642
Interest Rate
7.01%
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
Burney-Porter Nehemiah $140,000 None Listed On Document
Willangava Properties Llc $55,000 Quality Title Group
Alexander Charles $14,000 Edco Title & Closing Service
Green Tree Servicing Llc $56,384 None Available
Robinson Steven -- First Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burney-Porter Nehemiah $105,000
Previous Owner Willangava Properties Llc $105,000
Previous Owner Alexander Charles $52,800
Previous Owner Robinson Steven $36,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2024 04/29/24 Sold $140,000 -8.4% $113 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $152,900 -4.4% $123 / Sq Ft
02/23/2024 02/23/24 For Sale $160,000 -- $129 / 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 $338 $55,960 $2,400 $53,560
2024 -- $9,960 $1,200 $8,760
2023 $456 $7,480 $1,200 $6,280
2022 $456 $7,480 $1,200 $6,280
2021 $461 $7,480 $1,200 $6,280
2020 $870 $12,000 $1,200 $10,800
2019 $870 $12,000 $1,200 $10,800
2018 $870 $12,000 $1,200 $10,800
2017 $493 $12,000 $1,200 $10,800
2016 $540 $12,360 $0 $0
2014 $540 $12,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10166445

Memphis Area Association of REALTORS®

APN: 02-9094-0-0020