NOT LISTED FOR SALE

Estimated Value: $2,455,238

13 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 23, 2017

Last sale price $1,800,000

Est. 36% increase in value since last sale

Current estimated payment $14,575/month

189 Days on Market

Highlights

  • 0.15 Acre Lot
  • Enclosed Parking
  • Central Heating and Cooling System
  • Wood Flooring

About This Home

As of October 2017

One of a kind opportunity to have a view of the mighty Mississippi River and a combination of apartments, retail & office where you can literally live, work & play. Walking distance to the hottest entertainment venues in Downtown. Featuring suite amenities such as 12-foot high ceilings, exposed brick walls, hardwood floors, SS appliances, private balconies, &more. Community amenities include rooftop deck, interior courtyard, and more.

Last Agent to Sell the Property

Steve Woodyard

Woodyard Realty Corp License #217464 Listed on: 02/17/2017

Woodyard Realty Corp

Last Buyer's Agent

Katie Baker

Baker Group Realty, LLC License #308354

Baker Group Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,609

Year Built

  • Built in 1903

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Enclosed Parking

Home Design

  • Multi-Family
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 3-Story Property
  • Wood Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities, electric, security deposit, pet depost
  • Assessor Parcel Number 002041 00007

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,609

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 745A
  • MAAR Subdivision Name: In Central Business District
  • Freestanding: Yes
  • Number Of Stories: 3
  • Price Per Sq Ft: 12000000
  • Year Built: 1903
  • Construction: Brick
  • List Price Per Unit: 278571.43
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Roof: Roll

Garage/Parking

  • Parking Facility: Attached, Enclosed

Utilities

  • Hot Water: Electrical, Public Water, Public Sewer
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 3 and 16
  • Acreage: 0.15
  • Lot Size: 27.67/26.5 X 245
  • Price Per Acre: 13000000

Rental Info

  • Actual Annual Rent: 171592
  • Tenant Pays: Some Utilities, Electric, Security Deposit, Pet Depost
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 002041 00007

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 7
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 4
  • Number3 Bedroom Units: 1
  • Number Other Units: 2
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1+ Baths, 3 BR - 1 Bath, Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Oct 23, 2017
Sold by
Haralson Robinson G and Haralson Joshua A
Bought by
Esactius Llc
Seller's Agent
Steve Woodyard
Woodyard Realty Corp
Buyer's Agent
Katie Baker
Baker Group Realty, LLC
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Current Estimated Value
$2,455,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,238
Avg. Annual Appreciation
7.51%

Purchase Details

Listed on
Feb 17, 2017
Closed on
Oct 19, 2017
Sold by
Memphis Center City Revenue Finance Corp
Bought by
91 Cotton Row Llc
Seller's Agent
Steve Woodyard
Woodyard Realty Corp
Buyer's Agent
Katie Baker
Baker Group Realty, LLC
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Dacus Lake Partners
Bought by
Robinson G A and Carl G Robinson Trust

Purchase Details

Closed on
Aug 28, 2008
Sold by
91 Cotton Row Llc
Bought by
Memphis Center City Revenue Finance Corp

Purchase Details

Closed on
Aug 8, 2007
Sold by
Robert L Weaver Cotton Co
Bought by
91 Cotton Row Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
6.63%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Esactius Llc $1,800,000 None Available
Haraslons Robison G -- None Available
91 Cotton Row Llc $1,000 None Available
Robinson G A -- None Available
Memphis Center City Revenue Finance Corp -- None Available
91 Cotton Row Llc $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Center City Revenue Finance Corp $137,500
Previous Owner Memphis Center City Revenue Finance Corp $66,000
Previous Owner 91 Cotton Row Llc $515,000
Previous Owner Robert L Weaver Cotton Co $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $1,800,000 -7.7% --
08/25/2017 08/25/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $1,950,000 0.0% --
12/18/2012 12/18/12 Rented $2,150 -6.5% --
12/18/2012 12/18/12 Under Contract -- -- --
09/08/2010 09/08/10 For Rent $2,300 -- --
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 $15,609 $558,600 $98,160 $460,440
2024 $15,609 $460,440 $70,120 $390,320
2023 $28,048 $460,440 $70,120 $390,320
2022 $28,048 $460,440 $70,120 $390,320
2021 $15,420 $460,440 $70,120 $390,320
2020 $33,152 $420,680 $70,120 $350,560
2019 $16,114 $420,680 $70,120 $350,560
2018 $19,276 $420,680 $70,120 $350,560
2017 $5,906 $0 $0 $0
2016 $6,024 $0 $0 $0
2014 $4,634 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10003132

Memphis Area Association of REALTORS®

APN: 00-2041-0-0007