NOT LISTED FOR SALE

Estimated Value: $174,000 - $234,000

2 Beds
2 Baths
2,709 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $198,000 $73 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,192/month

113 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Some Wood Windows
  • Central Air

About This Home

As of January 2022

This is investment property with one side renovated. Close to Rhodes College. Both sides 984 & 986 included. Please do not disturb tenants. Potential rent @$2k.

Last Agent to Sell the Property

Stephanie Taylor

Sowell, Realtors License #295151 Listed on: 07/12/2021

Last Buyer's Agent

Stephanie Taylor

Sowell, Realtors License #295151 Listed on: 07/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,709 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Some Wood Windows

Flooring

  • Partially Carpeted
  • Tile

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Vollentine Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041034 00148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 986
  • MLS Map #: 742D
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • List Price Per Sq Ft: 83
  • Number Of Stories: 2
  • Price Per Sq Ft: 73.09
  • Estimated Sq Ft: 2709
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling

Exterior Features

  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 21
  • Acreage: 0.17
  • Lot Size: 60X125
  • Price Per Acre: 1323529

Tax Info

  • Assessor Parcel Number: 041034 00148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Jan 21, 2022
Sold by
Netsanet Llc
Bought by
Tiger Town Partners Llc
Seller's Agent
Stephanie Taylor
Sowell, Realtors
Buyer's Agent
Stephanie Taylor
Sowell, Realtors
List Price
$225,000
Sold Price
$198,000
Premium/Discount to List
-$27,000
-12%
Current Estimated Value
$203,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,198
Avg. Annual Appreciation
1.79%
Original Mortgage
$172,800
Outstanding Balance
$161,188
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$49,797

Purchase Details

Closed on
Feb 6, 2021
Sold by
Cole Laruan A and Zeleke Helen
Bought by
Netsanet

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 20, 2018
Sold by
Stein Michael E and Stein Esther V
Bought by
Cole Laruan Anthony and Zeleke Helen
Seller's Agent
Shelly Garg
eXp Realty, LLC
Buyer's Agent
Shelly Garg
eXp Realty, LLC
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$56,242
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Tiger Town Partners Llc $198,000 Green Law Firm
Netsanet -- None Available
Netsanet -- None Available
Cole Laruan Anthony $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiger Town Partners Llc $172,800
Previous Owner Cole Laruan Anthony $56,242
Previous Owner Stein Michael E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $198,000 -12.0% $73 / Sq Ft
11/12/2021 11/12/21 For Sale $225,000 0.0% $83 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $225,000 +200.0% $83 / Sq Ft
12/20/2018 12/20/18 Sold $75,000 -11.8% $31 / Sq Ft
10/10/2018 10/10/18 For Sale $85,000 -- $35 / 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 $1,016 $75,440 $5,400 $70,040
2024 $1,016 $29,960 $2,000 $27,960
2023 $1,825 $29,960 $2,000 $27,960
2022 $1,825 $29,960 $2,000 $27,960
2021 $1,034 $29,960 $2,000 $27,960
2020 $1,580 $21,800 $2,000 $19,800
2019 $697 $21,800 $2,000 $19,800
2018 $697 $21,800 $2,000 $19,800
2017 $713 $21,800 $2,000 $19,800
2016 $946 $21,640 $0 $0
2014 $1,183 $27,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103893

Memphis Area Association of REALTORS®

APN: 04-1034-0-0148