NOT LISTED FOR SALE

2853 Sage Rd Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $89,000 - $125,000

3 Beds
1 Bath
100-999 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $57,000 $57 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $619/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • Central Heating
  • Level Lot

About This Home

As of January 2023

Wonderful 3 bedroom 1 bathroom home on quiet street. Nice floor plan with updated kitchen, large backyard, low maintenance exterior siding, large den, & seller just made some recent repairs/upgrades. Perfect home for owner occupant or investor looking to add to their investment portfolio. Home qualifies for special financing (100% loan & bank will pay some closing costs for buyer). Could be a great long term investment.

Last Listed By

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 12/12/2022

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $233

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 72x108
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 840 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Henley Bros Barron Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059011 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$233

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 840
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 35
  • Acreage: 0.17
  • Lot Size: 72X108
  • Price Per Acre: 399412

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 059011 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
Memphis Investment Properties Iii Llc
Bought by
Verma Divesh and Gogna Silky
Total Days on Market
16
Current Estimated Value
$107,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Outstanding Balance
$85,576
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$21,578

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jan 12, 2023
Sold by
Epocf3a Llc
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$67,900
Sold Price
$57,000
Premium/Discount to List
-$10,900
-16.05%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.37%
Original Mortgage
$90,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2021
Sold by
Set 1 Enterprises Llc
Bought by
Epocf3a Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2015
Sold by
Syndicated Wealth & Capital Inc
Bought by
Set 1 Enterprises Llc

Purchase Details

Closed on
May 29, 2013
Sold by
Bdt Housing Services Enterprises
Bought by
Oleary Family Llc

Purchase Details

Closed on
May 17, 2011
Sold by
Wells Fargo Bank N A
Bought by
Bdt Housing Services Enterprise

Purchase Details

Closed on
Apr 20, 2011
Sold by
Townsend Ester and Britton Herman
Bought by
Wachovia Bank Of Delaware Na

Range of Values:

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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

Date Buyer Sale Price Title Company
Verma Divesh $117,000 Delta Title Services
Memphis Investment Properties Iii Llc $57,000 --
Epocf3a Llc $48,300 Blueprint Title
Set 1 Enterprises Llc $142,000 None Available
Syndicated Wealth & Capital Inc $105,000 None Available
Oleary Family Llc $6,000 None Available
Bdt Housing Services Enterprise -- None Available
Wachovia Bank Of Delaware Na $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma Divesh $87,750
Previous Owner Memphis Investment Properties Iii Llc $90,000
Previous Owner Epocf3a Llc $51,500
Previous Owner Townsend Ester $60,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $57,000 -16.1% $570 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $67,900 0.0% $679 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $67,900 -- $679 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $233 $17,275 $1,000 $16,275
2023 $419 $6,875 $1,000 $5,875
2022 $419 $6,875 $1,000 $5,875
2021 $498 $6,875 $1,000 $5,875
2020 $204 $6,375 $1,000 $5,375
2019 $204 $6,375 $1,000 $5,375
2018 $204 $6,375 $1,000 $5,375
2017 $209 $6,375 $1,000 $5,375
2016 $291 $6,650 $0 $0
2014 $291 $6,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2023

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    60 in this area

    1,264 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138947

Memphis Area Association of REALTORS®

APN: 05-9011-0-0029

Tennessee Shelby County Memphis 38114 Orange Mound

2853 Sage Rd, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2853 Sage Rd, Memphis, TN 38114 since 12 December 2022 and is currently estimated at $107,154, approximately $107 per square foot. This property was built in 1969. 2853 Sage Rd is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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