NOT LISTED FOR SALE

836 Chelsea Ave Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $108,000 - $161,000

13 Beds
2 Baths
2,288 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $550,000 $240 Per Sq Ft

Current estimated payment $807 / mo

55 Days on Market

About This Home

As of August 2024

7 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

Last Agent to Sell the Property

David Truong

eXp Realty, LLC License #285299 Listed on: 05/09/2024

eXp Realty, LLC

Last Buyer's Agent

David Truong

eXp Realty, LLC License #285299 Listed on: 05/09/2024

eXp Realty, LLC

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

Property Details

Home Type

Apartment

Year Built

Built in 1929

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • Freestanding: Yes
  • Estimated Sq Ft: 2288
  • Year Built: 1929
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Tile

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit

Lot Info

  • Acreage: 0.16
  • Lot Size: 39.48/54.4 X 147.13/131.58
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 62400
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 027036 00026

Multi Family

  • Perc Occ: 86
  • Total Number Of Units: 7
  • Number2 Bedroom Units: 4
  • Number3 Bedroom Units: 1
  • Type of Unit: 1 BR - 1 Bath

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Aug 27, 2024
Sold by
Bought by
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
$129,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$420,212
Avg. Annual Appreciation
-54.97%
Original Mortgage
$120,000
Outstanding Balance
$118,728
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$11,060

Purchase Details

Closed on
May 25, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2020
Sold by
Bought by

Purchase Details

Closed on
May 31, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Saddle Creek Title
$30,297 Premium Title Services
$42,024 None Available
$50,000 West Tennessee Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,294 $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

    Seller's Agent in 2024

    David Truong

    eXp Realty, LLC

    (901) 503-3947

    3 in this area

    183 Total Sales

    David Truong
    Section Image

  • C

    Seller's Agent in 2020

    Courtney Read

    Vylla Home

    (901) 282-5624

    478 Total Sales

    Courtney Read
    Section Image

  • C

    Buyer's Agent in 2020

    Craig Best

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10172043

Memphis Area Association of REALTORS®

APN: 02-7036-0-0024

Tennessee Shelby County Memphis 38107 North Memphis

836 Chelsea Ave, Memphis, TN

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