NOT LISTED FOR SALE

896 Polk Ave Memphis, TN 38104

South City Neighborhood

Estimated Value: $39,933 - $203,000

3 Beds
3 Baths
1,892 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $31,000 $16 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $565/month

685 Days on Market

Highlights

  • Floor Furnace
  • Partially Carpeted
  • 1-Story Property

About This Home

As of April 2018

This is a SHORT SALE ATTEMPT! Excellent investment opportunity. Triplex has 2 units presently occupied. Recently painted and roof replaced. See pictures for unit information.

Last Agent to Sell the Property

Sherry Cole

John Green & Co., REALTORS License #272426 Listed on: 05/17/2016

Last Buyer's Agent

Tara Woodley

Zach Taylor Real Estate License #321165

Zach Taylor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150

Parking

  • Paved Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Randolph Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 032008 00012

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Converted House
  • MAAR Subdivision Name: RANDOLPH
  • Freestanding: Yes
  • List Price Per Sq Ft: 18
  • Number Of Stories: 1
  • Estimated Sq Ft: 1892
  • Year Built: 1920
  • Construction: Brick
  • List Price Per Unit: 11333.33
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor, Partial Carpet

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Public Water, Public Sewer
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Floor Furnace, Wall Heat
  • Laundry: Connections

Lot Info

  • Lot Number: 11
  • Acreage: 0.2
  • Lot Size: 60X150

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Assessor Parcel Number: 032008 00012

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 3
  • Number Efficiency Studio Units: 3
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Apr 13, 2018
Sold by
Nunley Harry
Bought by
Brielle Llc
Seller's Agent
Sherry Cole
John Green & Co., REALTORS
Buyer's Agent
Tara Woodley
Zach Taylor Real Estate
List Price
$49,500
Sold Price
$31,000
Premium/Discount to List
-$18,500
-37.37%
Current Estimated Value
$101,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,983
Avg. Annual Appreciation
16.66%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Nunley Olia M
Bought by
Nunley Harry F
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

Date Buyer Sale Price Title Company
Brielle Llc $31,000 Delta Title Services Llc
Nunley Harry F -- --
Nunley Harry F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $31,000 -37.4% $16 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
05/17/2016 05/17/16 For Sale $49,500 -- $26 / 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 $367 $22,360 $2,800 $19,560
2024 $367 $10,840 $1,200 $9,640
2023 $660 $10,840 $1,200 $9,640
2022 $660 $10,840 $1,200 $9,640
2021 $668 $10,840 $1,200 $9,640
2020 $1,136 $15,680 $1,200 $14,480
2019 $1,136 $15,680 $1,200 $14,480
2018 $1,136 $15,680 $1,200 $14,480
2017 $644 $15,680 $1,200 $14,480
2016 $683 $15,640 $0 $0
2014 $683 $15,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Cole

    Seller's Agent in 2018

    Sherry Cole

    John Green & Co., REALTORS

    (901) 853-2055

    2 in this area

    99 Total Sales

    Sherry Cole
    Section Image
  • Tara Woodley

    Buyer's Agent in 2018

    Tara Woodley

    Zach Taylor Real Estate

    (901) 603-3419

    2 in this area

    91 Total Sales

    Tara Woodley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9977325

Memphis Area Association of REALTORS®

APN: 03-2008-0-0012

Tennessee Shelby County Memphis 38104 South City

896 Polk Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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