NOT LISTED FOR SALE

1562 S 3rd St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $62,000 - $85,249

2 Beds
1 Bath
990 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2020

Last sale price $38,600 $39 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $440 / mo

62 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Brick Veneer

About This Home

As of October 2020

Located close to Downtown Memphis, this home is great for a Owner Occupant, Investor, or Business use. It is in great condition. Hardwood floors and ceramic tile through out, all appliances in good working order will go with home. This home is in great condition, neat and clean, move in ready (See Pictures) or better yet schedule to see it.

Last Agent to Sell the Property

Chauncey Burton

Keller Williams License #293468 Listed on: 08/05/2020

Keller Williams

Last Buyer's Agent

Evelyn Jones

Torrance Real Estate License #279685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 36x90
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Rayburn Ave Blk O Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035093 00024

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RAYBURN AVE BLK O
  • List Price Per Sq Ft: 41
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 990
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Master Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Eat-In Kitchen
  • Master Bedroom: Hardwood Floor
  • Master Bedroom Dimensions: 12x11
  • Misc Interior: All Window Treatments, Security System, Smoke Detector(s)

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Unit
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: W PTS
  • Acreage: 0.07
  • Lot Size: 36X90

Tax Info

  • Assessor Parcel Number: 035093 00024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 19, 2020
Sold by
Bought by
Seller's Agent
Chauncey Burton
Keller Williams
Buyer's Agent
Evelyn Jones
Torrance Real Estate
List Price
$44,500
Sold Price
$38,600
Premium/Discount to List
-$5,900
-13.26%
Current Estimated Value
$73,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,712
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$38,900 None Available
-- None Available
-- Memphis Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $38,600 -5.9% $39 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $41,000 -7.9% $41 / Sq Ft
08/05/2020 08/05/20 For Sale $44,500 -- $45 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $482 $17,900 $900 $17,000
2024 $304 $8,975 $750 $8,225
2023 $547 $8,975 $750 $8,225
2022 $547 $8,975 $750 $8,225
2021 $553 $8,975 $750 $8,225
2020 $351 $4,850 $750 $4,100
2019 $155 $4,850 $750 $4,100
2018 $155 $4,850 $750 $4,100
2017 $159 $4,850 $750 $4,100
2016 $239 $5,475 $0 $0
2014 $239 $5,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chauncey Burton

    Seller's Agent in 2020

    Chauncey Burton

    Keller Williams

    (901) 230-8414

    1 in this area

    41 Total Sales

    Chauncey Burton
    Section Image

  • E

    Buyer's Agent in 2020

    Evelyn Jones

    Torrance Real Estate

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082134

Memphis Area Association of REALTORS®

APN: 03-5093-0-0024

Tennessee Shelby County Memphis 38106 South Memphis

1562 S 3rd St, Memphis, TN

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