See Home Value
$70,000 - $80,000
House - Off Market

795 ALMA

Memphis, TN 38107
bedrooms
3 Beds
bathrooms
1 Bath
Sold Jul 14, 2021
$29,000
$40,000 by Avaion Capital Llc
Mortgage Due Jul 14, 2051
Sold Jun 25, 2021
$89,000

About This Property

Great rental portfolio expansion opportunity! Tenant in place for immediate benefits. Please respect their privacy, avoid direct contact. Act now and secure a profitable asset. Capitalize on existing rental income. $875 per month. lease ends 12/2023. sellers will not do creative or owner financing. please no assignments and please submit all offer with proof of funds or pre-approval letter. EMD has to be submitted before showing.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$29
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Feb 18, 2024 No longer available -
No longer available
Feb 2, 2024 No longer available -
No longer available
Feb 2, 2024 Listed $76,900
Listed
Sep 12, 2023 Price Decreased $76,900
↓ $3K (3.8%)
Price Decreased
Jul 21, 2023 Listed $79,900
Listed
Great rental portfolio expansion opportunity! Tenant in place for immediate benefits. Please respect their privacy, avoid direct contact. Act now and secure a profitable asset. Capitalize on existing rental income. $875 per month. lease ends 12/2023. sellers will not do creative or owner financing. please no assignments and please submit all offer with proof of funds or pre-approval letter.
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,023
  • Gross Building Area: 1,023
  • Building Area: 1,023
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,023
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLYMPIC PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS ALMA COR KEEL SW

Ownership

  • Current Owner : WILLIAMS KEVIN D
  • Previous Owner : GP BUY MEMPHIS NOW
  • Owner Before Previous Owner: TOPSTONE INV MEM 1 LLC
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 011200

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 02-1089-0-0002
  • Block: 10
  • Lot: 48-50
  • Municipality: MEMPHIS
  • Latitude: 35.1607
  • Longitude: -90.0158

    Address

  • Full Address: 795 Alma St
  • Address - House Number: 795
  • Address - Street Name: Alma
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 4308
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $346
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 89
  • Final Value: 72,138
  • High Value: 80,001
  • Low Value: 64,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: AVAION CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 14, 2051

    Market Valuation

  • Market Total Value: $22,700
  • Market Land Value: $2,500
  • Market Improvement Value: $20,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,675
  • Assessed Land Value: $625
  • Assessed Improvements Value: $5,050

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11842145883
  • Current Sale Price: $29,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21084901
  • Previous Sale Recording Date: Jun 25, 2021
  • Previous Sale Contract Date: Jun 22, 2021
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AVAION CAPITAL LLC
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$79,900 Sep 6, 2023
-
$25/mo
House
2 Beds
1 Bath
-
$89,000 Sep 5, 2023
-
$46/mo

About North Memphis


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Frequently Asked Questions

When was property at 795 Alma Street built and last sold?
The property at 795 Alma Street was built in 1920 and last sold on Jun 22, 2021 for $29,000.
How much is this home worth?
The estimated value of the home located at 795 Alma Street is $77,669.
What are some comparable homes to 795 Alma Street?
There are currently no comparable homes to 795 Alma Street.

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