NOT LISTED FOR SALE

Estimated Value: $76,865 - $151,000

8 Beds
2 Baths
1,828 Sq Ft
$67/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $253,000 $138 Per Sq Ft

Current estimated payment $703/month

7 Days on Market

About This Home

As of October 2022

DO NOT DISTURB TENANTS! 4 Units total, current rents total $2,500/ month, and will be increased to market rent when leases end soon. This fourplex has the potential to gross $3,400/ month. No showings until accepted offer.

Last Agent to Sell the Property

Jordan Christopher

4 Success Realty, LLC License #351642 Listed on: 07/11/2022

Last Buyer's Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x200

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Community Details

  • 2 Buildings
  • 4 Units
  • Pearce Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • 12 Month Lease Term
  • Assessor Parcel Number 027034 00043

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: PEARCE
  • Freestanding: Yes
  • List Price Per Sq Ft: 137
  • Number Of Stories: 1
  • Estimated Sq Ft: 1828
  • Year Built: 1950
  • Construction: Brick/Veneer
  • List Price Per Unit: 62500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Laundry: Connections

Lot Info

  • Lot Number: 26&27
  • Acreage: 0.45
  • Lot Size: 100X200

Rental Info

  • Actual Annual Rent: 30000
  • Tenant Pays: All Utilities
  • Type Of Leases: 6 Month, Year

Tax Info

  • Assessor Parcel Number: 027034 00043

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 4
  • Type of Unit: 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Brian Hansen Properties Llc
Bought by
Jumper David
Current Estimated Value
$122,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,875
Outstanding Balance
$102,438
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$20,028

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 14, 2022
Sold by
Durham Raymond S
Bought by
Hansen Brian D
Seller's Agent
Jordan Christopher
4 Success Realty, LLC
Buyer's Agent
Alissa Fowler
CrestCore Realty MphsBrokerage
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.52%
Original Mortgage
$94,875
Interest Rate
6.92%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Darrell Chickaya
Bought by
Durham Raymond S

Purchase Details

Closed on
Sep 27, 2012
Sold by
Darrell Chickaya and Inserra Marina
Bought by
Darrell Chickaya

Purchase Details

Closed on
Sep 17, 2008
Sold by
County Of Shelby
Bought by
Darrell Chickaya and Inserra Marina

Purchase Details

Closed on
Jul 9, 1996
Sold by
Thompson Mary
Bought by
Cunningham William B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jumper David $138,500 Excel Title & Escrow
Hansen Brian D $126,500 Local Title
Hansen Brian D $126,500 Erickson Title & Closing
Durham Raymond S -- None Available
Darrell Chickaya -- None Available
Darrell Chickaya $8,000 None Available
Cunningham William B -- --
Cunningham William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jumper David $103,875
Previous Owner Hansen Brian D $94,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $253,000 +1.2% $138 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $250,000 +100.0% $137 / Sq Ft
07/11/2022 07/11/22 Price Changed $125,000 -50.0% $68 / Sq Ft
07/11/2022 07/11/22 For Sale $250,000 -- $137 / 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 $711 $25,800 $3,120 $22,680
2024 $601 $22,240 $1,200 $21,040
2023 $1,355 $22,240 $1,200 $21,040
2022 $0 $5,320 $1,200 $4,120
2021 $328 $5,320 $1,200 $4,120
2020 $594 $8,200 $1,200 $7,000
2019 $594 $8,200 $1,200 $7,000
2018 $797 $11,000 $1,200 $9,800
2017 $452 $11,000 $1,200 $9,800
2016 $486 $11,120 $0 $0
2014 $486 $11,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128455

Memphis Area Association of REALTORS®

APN: 02-7034-0-0071