$78,000
SOLD DEC 5, 2024
1 Bed
1 Bath
1,080 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

2% Below List Price

5 Days on Market

About This Home

As of December 2024

Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 10/31/2024

Last Buyer's Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $214

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 88x123

Home Design

  • Duplex

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Great Room

Parking

  • 1 Parking Space
  • 1 Covered Space

Community Details

  • Churchwood Terrace S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027035 00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$214

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Second Address Number: 840
  • MLS Map #: 741D
  • MAAR Subdivision Name: CHURCHWOOD TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.22
  • Estimated Sq Ft: 1080
  • Year Built: 1948
  • List Price/ Sq Ft: 74
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 9
  • Acreage: 0.2
  • Lot Size: 88X123
  • Price Per Acre: 400000
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 027035 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Pigeon Cay Llc
Bought by
Whitestone R/E Fund Iii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Outstanding Balance
$57,198
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$17,917

Purchase Details

Closed on
Jan 8, 2003
Sold by
Shaw Garland D and Shaw Edith H
Bought by
Shaw Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,550
Interest Rate
6.16%
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
Special Warranty Deed $60,000 Total Title Services
Interfamily Deed Transfer $600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,000 Construction
Previous Owner $512,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $650 -13.3% --
03/21/2025 03/21/25 For Rent $750 0.0% --
12/05/2024 12/05/24 Sold $78,000 -2.5% $72 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $80,000 -- $74 / 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 $214 $15,240 $3,000 $12,240
2024 $214 $6,320 $1,200 $5,120
2023 $385 $6,320 $1,200 $5,120
2022 $385 $6,320 $1,200 $5,120
2021 $390 $6,320 $1,200 $5,120
2020 $725 $10,000 $1,200 $8,800
2019 $725 $10,000 $1,200 $8,800
2018 $725 $10,000 $1,200 $8,800
2017 $411 $10,000 $1,200 $8,800
2016 $439 $10,040 $0 $0
2014 $439 $10,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10184330

Memphis Area Association of REALTORS®

APN: 02-7035-0-0010