Seller's Agent in 2024
David Truong
eXp Realty, LLC
(901) 503-3947
3 in this area
190 Total Sales
836 Chelsea Ave Memphis, TN 38107
North Memphis NeighborhoodEstimated Value: $133,605 - $180,000
13
Beds
2
Baths
2,288
Sq Ft
$70/Sq Ft
Est. Value
About This Home
As of August 20247 units current Gross annual rented $62400 with $10800 Potential rent on vacant unit tenant just move out. 1 Triplex and 2 Duplexes selling at package only. Triplex has 2 units 1 bedroom 1 bath rented $700 each and 3/2 rented $1100. 2 Duplexes 2/1.5 each side current 3 of them rented $900 each and 1 vacant. All units had been renovated. Dati Mortgage current offer DSCR OR No debt to ratio requires available for investor with 20%+down. Foreign investors with 30% down No credit score No income
Property Details
Home Type
- Apartment
Year Built
- Built in 1929
Lot Details
- 6,970 Sq Ft Lot
Parking
- Paved Parking
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2,288 Sq Ft Home
- Tile Flooring
- Crawl Space
- Washer
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- 3 Buildings
- 7 Units
- 3 Lots Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 027036 00026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Aug 27, 2024
Sold by
Le Nha Khanh Thuy and Pham Steven Hong
Bought by
Kile Ian Wesley
Seller's Agent
David Truong
eXp Realty, LLC
Buyer's Agent
David Truong
eXp Realty, LLC
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$390,849
Avg. Annual Appreciation
-58.50%
Original Mortgage
$120,000
Outstanding Balance
$118,728
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$40,423
Purchase Details
Closed on
May 25, 2020
Sold by
Deutsche Bank Trust Company Americas
Bought by
Ly Nguyet Thi and Ly Thuy Le
Purchase Details
Closed on
Jan 21, 2020
Sold by
Lindley Lance
Bought by
Deutsche Bank Nationa Trust Co Americas and Residential Accredit Loans Inc
Purchase Details
Closed on
May 31, 2006
Sold by
Myles Earlean C
Bought by
Lindley Lance
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kile Ian Wesley | $150,000 | Saddle Creek Title | |
| Ly Nguyet Thi | $30,297 | Premium Title Services | |
| Deutsche Bank Nationa Trust Co Americas | $42,024 | None Available | |
| Lindley Lance | $50,000 | West Tennessee Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kile Ian Wesley | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $550,000 | 0.0% | $240 / Sq Ft | |
| 07/03/2024 07/03/24 | Pending | -- | -- | -- | |
| 05/09/2024 05/09/24 | For Sale | $549,900 | +1715.0% | $240 / Sq Ft | |
| 08/27/2020 08/27/20 | Sold | $30,297 | +11.0% | $16 / Sq Ft | View Prior Sale |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- | |
| 08/03/2020 08/03/20 | For Sale | $27,300 | -9.9% | $15 / Sq Ft | |
| 07/07/2020 07/07/20 | Off Market | $30,297 | -- | -- | |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- | |
| 06/18/2020 06/18/20 | Price Changed | $27,300 | -4.9% | $15 / Sq Ft | |
| 05/26/2020 05/26/20 | For Sale | $28,700 | -- | $15 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 | -- | $48,120 | $2,800 | $45,320 |
| 2024 | $359 | $10,600 | $920 | $9,680 |
| 2023 | $646 | $10,600 | $920 | $9,680 |
| 2022 | $646 | $10,600 | $920 | $9,680 |
| 2021 | $653 | $10,600 | $920 | $9,680 |
| 2020 | $609 | $19,040 | $920 | $18,120 |
| 2019 | $609 | $19,040 | $920 | $18,120 |
| 2018 | $609 | $19,040 | $920 | $18,120 |
| 2017 | $623 | $19,040 | $920 | $18,120 |
| 2016 | $897 | $20,520 | $0 | $0 |
| 2014 | $897 | $20,520 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Truong
-
Courtney Read
C
Seller's Agent in 2020
Courtney Read
Vylla Home
(901) 282-5624
1 in this area
479 Total Sales
-
C
Buyer's Agent in 2020
Craig Best
Crye-Leike
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10172043
APN: 02-7036-0-0024
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