NOT LISTED FOR SALE

2942 Midland Ave Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $458,758 - $546,000

5 Beds
3 Baths
3,000-3,199 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $299,500 $94 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,947/month

About This Home

As of January 2018

Entry Only Listing

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 01/10/2018

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1929

Lot Details

  • 0.61 Acre Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,194 Sq Ft Home
  • 1.2-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Community Details

  • Buntyn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045042 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,615

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 754H
  • MAAR Subdivision Name: BUNTYN
  • List Price Per Sq Ft: 94
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 93.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3194
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Full Bathrooms: 3
  • Number Of Fireplaces: 2
  • Total Bathrooms: 3

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: W PT 34
  • Acreage: 0.61
  • Lot Size: 124.75/125 IRR X 225.75/225.7 IRR
  • Price Per Acre: 490984

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 045042 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jan 11, 2018
Sold by
Burruss John Bailey and Burruss Anne Cook
Bought by
Bourell Melody A
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$299,500
Sold Price
$299,500
Current Estimated Value
$496,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,190
Avg. Annual Appreciation
7.09%
Original Mortgage
$239,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2015
Sold by
Burress John B
Bought by
Burress John B

Purchase Details

Listed on
Aug 23, 2013
Closed on
Dec 20, 2013
Sold by
Fannie Mae
Bought by
Burruss John Bailey and Burruss Anne Cook
Seller's Agent
Shane Fortune
Fortune Realty LLC
Buyer's Agent
Robert Stone
Keller Williams
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$240,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2013
Sold by
Mcdonald Jeffrey G and Mcdonald Catharine S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 2003
Sold by
Adams Thomas P and Adams Bettye S
Bought by
Mcdonald Jeffrey G and Mcdonald Catharine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Bourell Melody A $299,500 None Available
Burress John B -- Attorney
Burruss John Bailey $220,000 None Available
Federal National Mortgage Association -- None Available
Mcdonald Jeffrey G $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourell Melody Ann $238,000
Closed Bourell Melody A $239,600
Previous Owner Burrus John Bailey $243,000
Previous Owner Burruss John Bailey $240,500
Previous Owner Bourell Melody A $75,000
Previous Owner Mcdonald Jeffrey G $85,800
Previous Owner Mcdonald Jeffrey G $50,000
Previous Owner Mcdonald Jeffrey G $223,200
Closed Mcdonald Jeffrey G $27,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2018 01/10/18 Sold $299,500 0.0% $100 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $299,500 +36.1% $100 / Sq Ft
12/20/2013 12/20/13 Sold $220,000 -12.0% $73 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $249,900 -- $83 / 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
2025 $3,615 $118,425 $27,200 $91,225
2024 $3,615 $106,650 $15,075 $91,575
2023 $6,497 $106,650 $15,075 $91,575
2022 $5,786 $88,075 $15,075 $73,000
2021 $5,428 $88,075 $15,075 $73,000
2020 $4,777 $65,925 $15,075 $50,850
2019 $4,777 $65,925 $15,075 $50,850
2018 $4,777 $65,925 $15,075 $50,850
2017 $2,710 $65,925 $15,075 $50,850
2016 $2,044 $46,775 $0 $0
2014 $2,044 $46,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Melody Bourell

    Buyer's Agent in 2018

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    40 in this area

    260 Total Sales

    Melody Bourell
    Section Image

  • S

    Seller's Agent in 2013

    Shane Fortune

    Fortune Realty LLC

  • R

    Buyer's Agent in 2013

    Robert Stone

    Keller Williams

    (901) 260-3141

    2 Total Sales

    Robert Stone
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018351

Memphis Area Association of REALTORS®

APN: 04-5042-0-0017

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

2942 Midland Ave, Memphis, TN

This home is located at 2942 Midland Ave, Memphis, TN 38111 since 10 January 2018 and is currently estimated at $496,690, approximately $155 per square foot. This property was built in 1929. 2942 Midland Ave is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Hanley Schoool - Middle.

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