NOT LISTED FOR SALE

3016 Arrendale St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $87,000 - $139,691

2 Beds
1 Bath
1,000-1,199 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $87,000 $73 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $687/month

19 Days on Market

About This Home

As of November 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it 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. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 09/13/2023

Last Buyer's Agent

Patrick Galphin

Crye-Leike, Inc., REALTORS License #374419

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1959

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150

Parking

  • 1 Parking Space

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,001 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Parkway Village Blk A 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073069 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 772B
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK A-2
  • Number Of Stories: 1
  • Price Per Sq Ft: 86.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1001
  • Year Built: 1959
  • List Price/ Sq Ft: 79
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 142
  • Acreage: 0.24
  • Lot Size: 70X150
  • Price Per Acre: 329167

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 073069 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Mid South Homebuyers Gp and Mid South Home Buyers Llc
Bought by
Wang Wenzhao
Current Estimated Value
$120,673

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 17, 2023
Sold by
Crestcore Iv Llc
Bought by
Mid South Homebuyers Gp
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Patrick Galphin
Crye-Leike, Inc., REALTORS
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Your Homes Llc
Bought by
Crestcore Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,453,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2013
Sold by
Tab Properties Inc
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,862
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2005
Sold by
Crabtree Walter Egbert and Crabtree Gene Thomas
Bought by
Tab Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Queen Joseph E
Bought by
Smith Peggy and Boyd Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.51%
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
Wang Wenzhao $139,900 None Listed On Document
Mid South Homebuyers Gp $87,000 Total Title Services
Crestcore Iv Llc -- None Available
Your Home Llc $76,825 None Available
Tab Properties Inc $46,000 --
Smith Peggy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crestcore Iv Llc $4,453,000
Previous Owner Your Home Llc $96,862
Previous Owner Tab Properties Inc $121,633
Previous Owner Tab Properties Inc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $87,000 +10.1% $87 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $79,000 -7.1% $79 / Sq Ft
09/13/2023 09/13/23 For Sale $85,000 -- $85 / 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 $525 $33,575 $4,200 $29,375
2024 $525 $15,500 $3,000 $12,500
2023 $944 $15,500 $3,000 $12,500
2022 $944 $15,500 $3,000 $12,500
2021 $955 $15,500 $3,000 $12,500
2020 $889 $12,275 $3,000 $9,275
2019 $392 $12,275 $3,000 $9,275
2018 $392 $12,275 $3,000 $9,275
2017 $402 $12,275 $3,000 $9,275
2016 $382 $8,750 $0 $0
2014 $382 $11,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    119 in this area

    1,428 Total Sales

    Dean Harris
    Section Image

  • P

    Buyer's Agent in 2023

    Patrick Galphin

    Crye-Leike

    (901) 412-1656

    4 in this area

    57 Total Sales

    Patrick Galphin
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156533

Memphis Area Association of REALTORS®

APN: 07-3069-0-0030

Tennessee Shelby County Memphis 38118 Parkway Village

3016 Arrendale St, Memphis, TN

This home is located at 3016 Arrendale St, Memphis, TN 38118 since 13 September 2023 and is currently estimated at $120,673, approximately $100 per square foot. This property was built in 1959. 3016 Arrendale St is a home located in Shelby County with nearby schools including Parkway Village Elementary School, Sheffield High School, and Memphis Merit Academy.

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