$66,667
SOLD MAY 30, 2025
2 Beds
1 Bath
2,100 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

33% Below List Price

118 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property

About This Home

As of May 2025

Investment opportunity available. Three separate duplexes, each unit is a 2bed/ 1bath. Six units total. Addresses are 810/812 Chelsea, 814/816 Chelsea , 818/820 Chelsea. Market rent is approximately $850. Painted brick exterior and roofs were recently replaced...interior of each property does need repairs/updates. Utilities are separated too which helps! Redevelopment opportunity. Seller prefers bulk sale of all 3 units but will look at selling each duplex individually. Could be a huge value add for your portfolio! Very close to downtown area. Seller is not interested in owner financed offers, creative financing, subject to offers, and no wholesalers or assignments please. ONLINE VIDEO AVAILABLE UPON REQUEST. Interior photos are from one of the duplexes. More info available.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/16/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $351

Year Built

  • Built in 1932

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42x139
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property

Community Details

  • Frey S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027011 00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$351

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 741B
  • MAAR Subdivision Name: FREY
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.75
  • Estimated Sq Ft: 2100
  • Year Built: 1932
  • List Price/ Sq Ft: 38
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer, Stone

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 15 & 16
  • Acreage: 0.13
  • Lot Size: 42X139
  • Price Per Acre: 614615
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 027011 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Jun 10, 2025
Sold by
Q8b0i506sp Inc
Bought by
Jtag Tn Re Group Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$99,900
Sold Price
$66,667
Premium/Discount to List
-$33,233
-33.27%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.01%
Original Mortgage
$204,350
Outstanding Balance
$204,350
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$125,259

Purchase Details

Listed on
Jan 16, 2025
Closed on
May 30, 2025
Sold by
Cascade Ranch Llc
Bought by
Q8b0i506sp Inc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$99,900
Sold Price
$66,667
Premium/Discount to List
-$33,233
-33.27%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,350
Outstanding Balance
$204,350
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$125,259

Purchase Details

Closed on
Jun 12, 2023
Sold by
Alta Investments Llp
Bought by
Cascade Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,810
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
May 17, 2022
Sold by
Buu Au Dao Duong
Bought by
Alta Investments Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2022
Sold by
Thi Ly Nguyet
Bought by
Au Dao Duong Buu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $165,500 Jps Title Services
Warranty Deed $200,000 Advocate Title & Escrow Servic
Warranty Deed $270,000 Memphis Title Company
Warranty Deed $240,000 Foundation Title & Escrow
Quit Claim Deed -- Apperson Crump Plc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,350 New Conventional
Previous Owner $284,810 Construction
Previous Owner $264,000 New Conventional
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $66,667 -16.6% $32 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $79,900 -20.0% $38 / Sq Ft
01/16/2025 01/16/25 For Sale $99,900 -- $48 / 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 $351 $28,960 $2,760 $26,200
2024 $351 $10,360 $920 $9,440
2023 $631 $10,360 $920 $9,440
2022 $631 $10,360 $920 $9,440
2021 $750 $10,360 $920 $9,440
2020 $1,191 $16,440 $920 $15,520
2019 $525 $16,440 $920 $15,520
2018 $525 $16,440 $920 $15,520
2017 $538 $16,440 $920 $15,520
2016 $759 $17,360 $0 $0
2014 $759 $17,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10188190

Memphis Area Association of REALTORS®

APN: 02-7011-0-0035