NOT LISTED FOR SALE

Estimated Value: $47,000 - $66,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$49/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $20,500 $17 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $327/month

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • 1 Fireplace

About This Home

As of August 2022

Fantastic investment opportunity just minutes away from the extremely hot Crosstown area of midtown. House needs rehab but has tons of potential. Several new builds going up on the street and surrounding areas. Good opportunity to fix and flip as well as buy and hold. Easy to access and assess. Nice addition for the new or seasoned investor looking to expand on a portfolio.

Last Agent to Sell the Property

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 06/06/2022

Last Buyer's Agent

Margie Brown

Epique Realty License #304472

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 1912

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 41x191

Home Design

  • Traditional Architecture
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,008 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Community Details

  • Nicholas Jehl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021004 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741D
  • MAAR Subdivision Name: NICHOLAS JEHL
  • List Price Per Sq Ft: 23
  • Number Of Stories: 1
  • Price Per Sq Ft: 20.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1008
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Foundation: Conventional

Lot Info

  • Lot Number: 8&9
  • Acreage: 0.17
  • Lot Size: 41X191
  • Price Per Acre: 135294

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 021004 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Ashley Homes Llc
Bought by
Mainline Real Estate Llc
Current Estimated Value
$58,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,322
Outstanding Balance
$522,332
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$447,412

Purchase Details

Closed on
Jan 12, 2023
Sold by
Macklin Michael
Bought by
Ashley Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,044
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 11, 2022
Sold by
Richmond Corey D
Bought by
Macklin Michael and Keller Tamekah
Seller's Agent
Jeffrey Howard
Bluff City Realty Group, LLC
Buyer's Agent
Margie Brown
Epique Realty
List Price
$32,500
Sold Price
$20,500
Premium/Discount to List
-$12,000
-36.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.29%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Wyrick Phyllis
Bought by
White Samuel
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
Mainline Real Estate Llc $675,000 Advocate Title & Escrow Servic
Ashley Homes Llc $12,500 --
Macklin Michael $20,500 None Listed On Document
White Samuel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mainline Real Estate Llc $525,322
Previous Owner Ashley Homes Llc $57,044
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $20,500 -10.9% $21 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $23,000 -14.8% $23 / Sq Ft
07/01/2022 07/01/22 Price Changed $27,000 -16.9% $27 / Sq Ft
06/06/2022 06/06/22 For Sale $32,500 -- $33 / 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 $191 $9,650 $1,950 $7,700
2024 $191 $5,625 $750 $4,875
2023 $343 $5,625 $750 $4,875
2022 $343 $5,625 $750 $4,875
2021 $407 $5,625 $750 $4,875
2020 $319 $4,400 $750 $3,650
2019 $141 $4,400 $750 $3,650
2018 $141 $4,400 $750 $3,650
2017 $144 $4,400 $750 $3,650
2016 $196 $4,475 $0 $0
2014 $196 $4,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10125708

Memphis Area Association of REALTORS®

APN: 02-1004-0-0020