See Home Value
$527,647*
Multifamily - Off Market

265 N MCLEAN

Memphis, TN 38112
bedrooms
6 Beds
bathrooms
4 Baths
$315,000 - $383,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model
Sold Mar 22, 2019
$340,000
$301,578 by Jfq Lending Inc
Mortgage Due Mar 01, 2051
Sold Apr 07, 2014
$245,000

About This Property

RARE Opportunity! Duplex on .72 ACRE. Zoned R-6. Potential for possible development??? DOWN is 3 BR, 2 Bath, Formal LR w/FP, DR, Sun Rm, Butler/Brkfst Rm, Kitchen w/23 Cabinets, Pantry. UP is 3 BR, 2 Baths, Formal LR w/FP, DR, Brkfst Rm, Kitchen w/14 Cabinets, Covered Balcony. Previously total rental was $3000 per  month. 2 Electric/1 Gas meter. Storage Bldg in rear. Lot is L-shaped with 120' across the back...60' frontage...North side goes back approx. 383'. Like your very own park in the city.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$7,669
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Feb 23, 2019 No longer available -
No longer available
Feb 18, 2019 Listed $349,500
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 532
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,407
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,631
  • Gross Building Area: 4,631
  • Building Area: 4,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,631
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCHENRY SUBDIVISION
  • Land Acres: 0.721
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WS MCLEAN BLVD

Ownership

  • Current Owner : VERNER JENNIE J
  • Previous Owner : JMJL ENTERPRISES LLC
  • Owner Before Previous Owner: MAUTZ EDMUND S
  • Owner Before Previous Owner 2: MAUTZ ANNETTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 2-47
  • District: O
  • Parcel: 02-0076-0-0020C
  • Lot: PT5
  • Municipality: MEMPHIS
  • Latitude: 35.1448
  • Longitude: -89.999

    Address

  • Full Address: 265 N Mclean Blvd
  • Address - House Number: 265
  • Street Direction: N
  • Address - Street Name: Mclean
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C064
  • 4-Digit Zip Code: 5318
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,450

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 549,715
  • High Value: 671,833
  • Low Value: 427,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,578
  • First Open Lien Mortgage Lender: JFQ LENDING INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $301,578
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $423,500
  • Market Land Value: $91,200
  • Market Improvement Value: $332,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,875
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $83,075

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Transaction ID: 11591176972
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19027074
  • Previous Sale Recording Date: Apr 07, 2014
  • Previous Sale Contract Date: Mar 27, 2014
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Mar 22, 2019
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Midtown


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Frequently Asked Questions

When was property at 265 North McLean Bl built and last sold?
The property at 265 North McLean Bl was built in 1930 and last sold on Mar 21, 2019 for $340,000.
How much is this home worth?
The estimated value of the home located at 265 North McLean Bl is $352,995.
What are some comparable homes to 265 North McLean Bl?
There are currently no comparable homes to 265 North McLean Bl.

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