Check Availability
$99,000
↓ $10K (9.2%)
House - For Sale

940 DAVID

Memphis, TN 38114
bedrooms
3 Beds
bathrooms
1 Bath
$542
Estimated Monthly
$0
HOA / Fees
14.25%
Cap Rate

About This Property

What a great addition to your rental portfolio or flip property this will be! This property is located in Binghampton near commerce and will stay in demand with the local tenant base.Just 5 minutes from the University of Memphis. Will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property.Please have All inspections Completed prior to making an Offer.
Unit Size
-
Days on Market
22 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1938
Listed By
Last updated: 4 days ago (MAARTN #10169616)

Price History

Date / Event Date Event Price
Apr 27, 2024 Price Decreased $99,000
↓ $10K (9.2%)
Price Decreased
Apr 8, 2024 Listed by eXp Realty LLC $109,000
Listed by eXp Realty LLC
Jan 3, 2023 Sold to Michelle Thorstrom, Tyler T... $109,000
Sold to Michelle Thorstrom, Tyler T...
Dec 29, 2022 No longer available -
No longer available
Dec 15, 2022 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Interior Details

Interior Information

Security System

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,736
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,190
  • Gross Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FRATERNAL HEIGHTS
  • Land Acres: 0.109

Ownership

  • Current Owner : THORSTROM TYLER
  • Current Owner 2: THORSTROM MICHELLE
  • Previous Owner : BEALEDING 4 MORE LLC
  • Owner Before Previous Owner: MID SOUTH HOMEBUYERS GP
  • Ownership Rights Codes: unknown
  • Vacant Flag: unknown
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-1030-0-0016
  • Lot: 21
  • Municipality: MEMPHIS
  • Latitude: 35.1077
  • Longitude: -89.9743

    Address

  • Full Address: 940 David St
  • Address - House Number: 940
  • Address - Street Name: David
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 3216
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $664
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 389,058
  • High Value: 566,005
  • Low Value: 212,110

    Market Valuation

  • Market Total Value: $23,000
  • Market Land Value: $3,000
  • Market Improvement Value: $20,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,750
  • Assessed Land Value: $750
  • Assessed Improvements Value: $5,000

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Transaction ID: 11900494573
  • Current Sale Price: $109,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 283
  • Previous Sale Recording Date: Dec 08, 2021
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $29,500
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$125,000 Feb 19, 2024
-
$235/mo
House
4 Beds
1.5 Baths
-
$110,000 Oct 27, 2023
-
$73/mo
House
3 Beds
1 Bath
-
$107,500 Feb 29, 2024
-
$347/mo
House
3 Beds
1 Bath
-
$95,000 Apr 4, 2024
-
$277/mo
House
3 Beds
1 Bath
-
$95,000 Mar 19, 2024
-
$275/mo
House
2 Beds
1 Bath
-
$95,000 Dec 15, 2023
-
$49/mo
House
2 Beds
1 Bath
-
$127,500 Mar 5, 2024
-
$284/mo
Multifamily
4 Beds
2 Baths
-
$130,000 Feb 9, 2024
-
$42/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 940 David Street built and last sold?
The property at 940 David Street was built in 1938 and last sold on Dec 27, 2022 for $109,000.
How much is this home worth?
The estimated value of the home located at 940 David Street is $110,090.
What are some comparable homes to 940 David Street?
Homes that are comparable to 940 David Street include a house property at 2447 Douglass Avenue, 837 Cella Street, 958 Semmes Street.

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