NOT LISTED FOR SALE

Estimated Value: $69,000 - $228,000

1 Bed
1 Bath
1,258 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $40,000 $32 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $799/month

152 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Brick Veneer
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Concrete Flooring

About This Home

As of August 2024

Investment Opportunity! This duplex is ready for a full Renovation and then Rental income. This property offers the potential to maximize rental income with the flexibility to rent out both sides or live in one side while renting out the other. Whether you're a seasoned investor or just starting in real estate, don't miss out on the investment opportunity.

Last Agent to Sell the Property

Lauren Edwards

Crye-Leike, Inc., REALTORS License #357433 Listed on: 02/14/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Romond McClinton

Crye-Leike, Inc., REALTORS License #352723

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49x110
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,258 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Victory Courts Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, lawn maintenance
  • Assessor Parcel Number 021050 00076

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 988
  • MAAR Subdivision Name: VICTORY COURTS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1258
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Concrete Floor
  • Appliances Equipment: Range/Oven (Freestanding)

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Street Parking Only

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Gas, Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Acreage: 0.12
  • Lot Size: 49X110
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities, Trash Collection, Lawn Maintenance

Tax Info

  • Assessor Parcel Number: 021050 00076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Houston Xavier
Bought by
Miller Georjeana Gabrielle
Current Estimated Value
$147,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Outstanding Balance
$5,444
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$134,889

Purchase Details

Listed on
Feb 14, 2024
Closed on
Oct 11, 2024
Sold by
Lean X Construction Services Llc
Bought by
Houston Xavier
Seller's Agent
Lauren Edwards
Crye-Leike, Inc., REALTORS
Buyer's Agent
Romond McClinton
Crye-Leike, Inc., REALTORS
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.06%
Original Mortgage
$128,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 14, 2024
Closed on
Aug 13, 2024
Sold by
Daz Properties Tn Llc
Bought by
Lean X Construction Services Llc
Seller's Agent
Lauren Edwards
Crye-Leike, Inc., REALTORS
Buyer's Agent
Romond McClinton
Crye-Leike, Inc., REALTORS
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 6, 2022
Sold by
Young Mogul Enterprise Llc
Bought by
Daz Properties Tn Llc

Purchase Details

Closed on
Oct 29, 2020
Sold by
Sample Jeffery
Bought by
Young Mogul Enterprise Llc

Purchase Details

Closed on
May 2, 2020
Sold by
Kent Roy L and Beauregard Sandra D
Bought by
Sample Jeffery

Purchase Details

Closed on
Jul 24, 2019
Sold by
Rodgers Howie
Bought by
Kent Sroy L and Beauregard Sandra D

Purchase Details

Closed on
Feb 20, 2018
Sold by
Eltayech Ghassan
Bought by
Rodgers Howie

Purchase Details

Listed on
Sep 10, 2013
Closed on
Feb 21, 2014
Sold by
Stotts Charles R and Stotts Carla
Bought by
Tayech Ghassan E
Seller's Agent
Micky Jackson
Cowgirl Realty, LLC
Buyer's Agent
Daphne Battle
Signature Realty, LLC
List Price
$148,000
Sold Price
$9,000
Premium/Discount to List
-$139,000
-93.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.48%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Stotts Carlisle W and Stotts Charles R
Bought by
Stotts Charles R and Stotts Carla

Purchase Details

Closed on
Mar 1, 2006
Sold by
Kesler Stanley A
Bought by
Stotts Carlisle W and Stotts Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.05%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miller Georjeana Gabrielle $215,000 Guardian Title
Houston Xavier -- Guardian Title
Lean X Construction Services Llc $40,000 Realty Title
Daz Properties Tn Llc $35,000 Apperson Crump Plc
Young Mogul Enterprise Llc $10,000 None Available
Sample Jeffery -- None Available
Kent Sroy L -- None Available
Rodgers Howie -- None Available
Tayech Ghassan E $9,000 None Available
Stotts Charles R -- None Available
Stotts Carlisle W $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Georjeana Gabrielle $6,000
Open Miller Georjeana Gabrielle $211,105
Previous Owner Lean X Construction Services Llc $128,000
Previous Owner Stotts Carlisle W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $40,000 -7.0% $32 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
03/21/2024 03/21/24 Price Changed $43,000 -4.4% $34 / Sq Ft
02/20/2024 02/20/24 For Sale $45,000 0.0% $36 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $45,000 +400.0% $36 / Sq Ft
02/21/2014 02/21/14 Sold $9,000 -93.9% $7 / Sq Ft View Prior Sale
01/31/2014 01/31/14 Pending -- -- --
09/10/2013 09/10/13 For Sale $148,000 -- $118 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $17,520 $2,720 $14,800
2024 $267 $7,880 $920 $6,960
2023 $480 $7,880 $920 $6,960
2022 $480 $7,880 $920 $6,960
2021 $571 $7,880 $920 $6,960
2020 $823 $11,360 $920 $10,440
2019 $363 $11,360 $920 $10,440
2018 $363 $11,360 $920 $10,440
2017 $372 $11,360 $920 $10,440
2016 $509 $11,640 $0 $0
2014 $509 $11,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165858

Memphis Area Association of REALTORS®

APN: 02-1050-0-0076

Your Personal Tour Guide

Ask me questions while you tour the home.