NOT LISTED FOR SALE

Estimated Value: $91,084 - $158,000

8 Beds
2 Baths
1,828 Sq Ft
$65/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2022

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

Current estimated payment $703 / mo

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

  • 19,602 Sq Ft 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

0.45 Acres

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

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

Closed on
Jul 19, 2024
Sold by
Bought by
Current Estimated Value
$118,521

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
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2023
Sold by
Bought by

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 14, 2022
Sold by
Bought by
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
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.40%
Original Mortgage
$94,875
Interest Rate
0.0589%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 9, 1996
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
$138,500 Excel Title & Escrow
-- Local Title
$126,500 Erickson Title & Closing
$126,500 Local Title
-- None Available
-- None Available
$8,000 None Available
-- --
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 $103,875
Previous Owner $94,875
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
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

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 $694 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128455

Memphis Area Association of REALTORS®

APN: 02-7034-0-0071

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