$128,500
SOLD MAY 22, 2025
4 Beds
2 Baths
1,792 Sq Ft
1964 Built

Sale Details

Date Sold: May 22, 2025

$72 Per Sq Ft

8% Below List Price

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of May 2025

Investors.......Two doors are better than one!! This duplex is located near University of Memphis! It is vacant now and was previously rented for $850 a month on each side. It has a brand new roof replaced 2024! The duplex just needs cosmetic work inside and out to make rent ready. No wholesalers and seller will not entertain seller financing offers. Call today for more info or to make an offer! Walk through video available upon request.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1964

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 50 x 120.66
  • Central Heating and Cooling System

Community Details

  • Corbett Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 045082 00027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,232

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1964
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 1792
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50 X 120.66
  • Lot Size Units: Acres
  • Parcel #: 045082 00027
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1232
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
May 14, 2025
Sold by
Walker Darnell
Bought by
Banks Lakeisha P
List Price
$139,000
Sold Price
$128,500
Premium/Discount to List
-$10,500
-7.55%
Views
58
Current Estimated Value
$130,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,197
Avg. Annual Appreciation
2.01%
Original Mortgage
$102,000
Outstanding Balance
$101,452
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$29,245

Purchase Details

Listed on
Sep 23, 2018
Closed on
Nov 9, 2018
Sold by
Howell Reginald
Bought by
Walker Darnell
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Linell Jeffries
Bought by
Norfleet James and Norfleet Rosetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,971
Interest Rate
8.38%
Mortgage Type
FHA
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
Warranty Deed $136,000 None Listed On Document
Warranty Deed $57,000 Close Trak Closing & Title
Warranty Deed $55,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,000 New Conventional
Previous Owner $54,971 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $139,000 +8.2% $78 / Sq Ft
05/22/2025 05/22/25 Sold $128,500 +125.4% $72 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
11/09/2018 11/09/18 Sold $57,000 -12.3% $32 / Sq Ft View Prior Sale
11/09/2018 11/09/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $65,000 -- $36 / Sq Ft
Source: Realtracs

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 $475 $32,800 $2,450 $30,350
2024 $475 $14,000 $1,000 $13,000
2023 $853 $14,000 $1,000 $13,000
2022 $853 $14,000 $1,000 $13,000
2021 $863 $14,000 $1,000 $13,000
2020 $891 $12,300 $1,000 $11,300
2019 $393 $12,300 $1,000 $11,300
2018 $393 $12,300 $1,000 $11,300
2017 $402 $12,300 $1,000 $11,300
2016 $693 $15,850 $0 $0
2014 $693 $15,850 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3054957

Realtracs

APN: 04-5082-0-0027

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