Sold for $160,000

$160,000

1313 Tutwiler Ave, Memphis, TN 38107

2beds

1,224sqft

Duplex

Built in 1958

-- sqft lot

$125,000 Zestimate^®

$131/sqft

$979 Estimated rent

Home value

$125,000

$103,000 - $149,000

$979/mo

Zestimate^® history

Owner options

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$979/mo

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$979/mo

Rent Zestimate^®

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$1,057/mo

Est. payment

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$1,057/mo

Est. payment

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What's special

Exterior paintNew roofLight fixturesInterior doors

Professionally managed by Revid. Option to keep mgmt in place for buyer Amazing investment opportunity just blocks away from the Crosstown Concourse. 1313 and 1315 have were renovated in 2021 with new roof, LVP, appliances, kitchen cabinets/countertops, interior doors, bathroom vanity/shower valve, light fixtures, HVAC, tankless water heaters, exterior paint, interior paint. Do not disturb tenants. Showings with accepted contract.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Features

Updated/Renovated Kit

Interior area

Total interior livable area: 1,224 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Pool features: None

Lot

Size: 8,000 Square Feet
Dimensions: 50 x 160
Features: Other (See Remarks)

Details

Parcel number: 021101 00003

Construction

Type & style

Home type: MultiFamily
Architectural style: Other (See REMARKS)
Property subtype: Duplex

Condition

Year built: 1958

Community & HOA

Community

Subdivision: Speedway Terrace Blk B

Location

Region: Memphis

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $152,300
Annual tax amount: $1,243
Date on market: 8/4/2023
Cumulative days on market: 35 days
Listing terms: Conventional,Other (See Remarks)
Lease term: 12 Months
Total actual rent: 1725

Price history

Date	Event	Price
10/23/2023	Sold	$160,000-5.9%$131/sqft
Source: MAAR #10153696 Report a problem
9/11/2023	Contingent	$170,000$139/sqft
Source: MAAR #10153696 Report a problem
9/7/2023	Price change	$170,000-46.9%$139/sqft
Source: MAAR #10153696 Report a problem
8/25/2023	Price change	$320,000-3%$261/sqft
Source: MAAR #10153696 Report a problem
8/4/2023	Listed for sale	$330,000+183.7%$270/sqft
Source: MAAR #10153696 Report a problem
6/21/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
6/10/2022	Listed for rent	$850$1/sqft
Source: Zillow Rental Network Premium Report a problem
10/1/2021	Sold	$116,300-13.9%$95/sqft
Source: MAAR #10105688 Report a problem
8/4/2021	Listed for sale	$135,000+63.6%$110/sqft
Source: MAAR #10105688 Report a problem
5/17/2021	Sold	$82,500+175%$67/sqft
Source: Public Record Report a problem
4/1/1996	Sold	$30,000$25/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,211 +139%	$60,920 +198.6%
2024	$1,343 +8.1%	$20,400
2023	$1,243	$20,400
2022	--	$20,400
2021	--	$20,400 +4.1%
2020	$626	$19,600
2019	$626 -21.1%	$19,600
2018	$794 -52%	$19,600 -12.5%
2017	$1,653 +335.7%	$22,400 +100.7%
2016	$379 -5.9%	$11,160
2014	$403	$11,160
2013	--	$11,160 -11.7%
2012	--	$12,640
2011	--	$12,640
2010	--	$12,640
2009	--	$12,640 -40.9%
2008	--	$21,400
2007	--	$21,400
2006	--	$21,400 -3.6%
2005	--	$22,200 +11.4%
2004	--	$19,920
2003	--	$19,920
2002	--	$19,920
2001	--	$19,920 +38.3%
2000	--	$14,400