$160,000
SOLD JUN 29, 2023
2 Beds
1 Bath
1,344 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

6% Below List Price

59 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Step Saver Kitchen Design
  • Central Heating
  • 1-Story Property

About This Home

As of June 2023

Have you been looking for a cashflowing duplex in a good investor area? Found it! This is an area seeing a lot of growth right now and with one side rented for $875 and the other about to be vacant, it's primed to start making any investor happy! Some work includes: the 3491 side had a complete remodel in 2019 with new appliances in 2022. The 691 side was just rehabbed and had a new kitchen/bath put in in 2021, also with new apps. before it was rented. Each side is a 2/1. No wholesalers

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 04/17/2023

Last Buyer's Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x138
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Step Saver Kitchen Design

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Treadwell School Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, lawn maintenance
  • Assessor Parcel Number 038045 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$591

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3491
  • MLS Map #: 751B
  • MAAR Subdivision Name: TREADWELL SCHOOL
  • Freestanding: Yes
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1
  • Price Per Sq Ft: 119.05
  • Estimated Sq Ft: 1344
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile
  • Estimated Entire Duplex Sq Ft: 1200-1399

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 20
  • Acreage: 0.17
  • Lot Size: 55X138
  • Price Per Acre: 999412

Rental Info

  • Tenants Pay: All Utilities, Trash Collection, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 038045 00002

Multi Family

  • Perc Occ: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Jan 22, 2025
Sold by
Sjy Memphis Holdings Llc
Bought by
Sjy Commercial Llc
Seller's Agent
Debbie Tolbert
Crestcore Realty, LLC
Buyer's Agent
Debbie Tolbert
Crestcore Realty, LLC
Sold Price
$850
Views
187

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 29, 2023
Sold by
Berglund Kirstine and Berglund Joergen
Bought by
Sjy Memphis Holdings Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Alissa Fowler
CrestCore Realty MphsBrokerage
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.13%

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 26, 2023
Sold by
Here2xl Llc
Bought by
Berglund Kirstine and Bach Joergen
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Alissa Fowler
CrestCore Realty MphsBrokerage
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
24

Purchase Details

Closed on
Dec 13, 2021
Sold by
Berglund Kristine and Bach Joergen
Bought by
Herf2xl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 12, 2021
Sold by
Long Enterprises Llc
Bought by
Berglund Kirstine and Bach Joergen
Seller's Agent
Bradford Long
Keystone Realty, LLC
Buyer's Agent
Bradford Long
Keystone Realty, LLC
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$63,700
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Babcock Holdings Llc
Bought by
Long Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2016
Sold by
Sanchez Paola A
Bought by
Babcock Holdings Llc

Purchase Details

Closed on
Jul 31, 2014
Sold by
Woods Jerry
Bought by
Sanchez Paola A

Purchase Details

Closed on
Jul 3, 2014
Sold by
Ayers Warren W
Bought by
Woods Jerry
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Local Title
Warranty Deed $160,000 Local Title
Quit Claim Deed -- Local Title
Quit Claim Deed -- None Available
Warranty Deed $95,000 None Available
Special Warranty Deed $50,000 Close Trak Closiing & Title
Warranty Deed $32,000 None Available
Warranty Deed $30,000 None Available
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,700 New Conventional
Previous Owner $28,500 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $149,900 0.0% $112 / Sq Ft
07/10/2025 07/10/25 Rented $750 0.0% --
07/01/2025 07/01/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $750 0.0% $1 / Sq Ft
05/08/2025 05/08/25 For Sale $149,900 0.0% $112 / Sq Ft
03/12/2025 03/12/25 Price Changed $795 -6.5% $1 / Sq Ft
02/05/2025 02/05/25 For Rent $850 0.0% --
01/06/2025 01/06/25 Rented $850 0.0% --
12/18/2024 12/18/24 Price Changed $850 -5.0% $1 / Sq Ft
11/22/2024 11/22/24 Price Changed $895 -10.1% $1 / Sq Ft
10/21/2024 10/21/24 For Rent $995 0.0% --
06/29/2023 06/29/23 Sold $160,000 -5.8% $119 / Sq Ft
04/17/2023 04/17/23 For Sale $169,900 +78.8% $126 / Sq Ft
10/12/2021 10/12/21 Sold $95,000 -4.0% $71 / Sq Ft
07/22/2021 07/22/21 For Sale $99,000 -- $74 / 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 $591 $67,600 $4,400 $63,200
2024 $591 $17,440 $1,800 $15,640
2023 $1,062 $17,440 $1,800 $15,640
2022 $1,062 $17,440 $1,800 $15,640
2021 $1,263 $17,440 $1,800 $15,640
2020 $1,258 $17,360 $1,800 $15,560
2019 $555 $17,360 $1,800 $15,560
2018 $555 $17,360 $1,800 $15,560
2017 $568 $17,360 $1,800 $15,560
2016 $802 $18,360 $0 $0
2014 $802 $18,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146039

Memphis Area Association of REALTORS®

APN: 03-8045-0-0002