NOT LISTED FOR SALE

3037 McVay Trail Dr Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $116,000 - $142,003

3 Beds
2 Baths
1,488 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $36,000 $24 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $745/month

51 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • 1 Fireplace
  • Porch
  • Zero Lot Line

About This Home

As of May 2012

This is a Fannie Mae HomePath property. Large 3 bedroom 2 bath townhome priced to sell immediately. This is approved for HomePath Renovation Financing. Purchase this for as little as 3% down!

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 03/28/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Sandra Gill

KAIZEN Realty, LLC License #269800

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1981

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Zero Lot Line

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Great Room
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating

Community Details

  • Phase I Greenlodge Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081089 C00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$731

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 783I
  • MAAR Subdivision Name: GREENLODGE TOWNHOMES
  • Number Of Stories: 2
  • Price Per Sq Ft: 24.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1488
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.1
  • Lot Size: 0.102AC 24.01/24 X 185/185.34
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081089 C00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 30, 2012
Sold by
Fannie Mae
Bought by
Ahmed Ira Investments Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sandra Gill
KAIZEN Realty, LLC
List Price
$46,900
Sold Price
$36,000
Premium/Discount to List
-$10,900
-23.24%
Current Estimated Value
$126,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,501
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Moore Elizabeth M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2001
Sold by
White Mary E
Bought by
Moore Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,427
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1998
Sold by
Fite John A
Bought by
White Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,922
Interest Rate
7.07%
Mortgage Type
FHA
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
Ahmed Ira Investments Llc $36,000 None Available
Federal National Mortgage Association $69,748 None Available
Moore Elizabeth M $73,000 --
White Mary E $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Elizabeth M $72,900
Previous Owner Moore Elizabeth M $72,427
Previous Owner White Mary E $66,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $36,000 -23.2% $24 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $46,900 -- $32 / 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 $731 $30,150 $3,750 $26,400
2024 $731 $21,575 $3,600 $17,975
2023 $1,314 $21,575 $3,600 $17,975
2022 $1,314 $21,575 $3,600 $17,975
2021 $1,330 $21,575 $3,600 $17,975
2020 $1,040 $14,350 $3,000 $11,350
2019 $1,040 $14,350 $3,000 $11,350
2018 $1,040 $14,350 $3,000 $11,350
2017 $590 $14,350 $3,000 $11,350
2016 $590 $13,500 $0 $0
2014 $590 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    1 in this area

    262 Total Sales

    Jimmie Tapley
    Section Image
  • Sandra Gill

    Buyer's Agent in 2012

    Sandra Gill

    KAIZEN Realty, LLC

    (901) 461-7253

    17 Total Sales

    Sandra Gill
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3243816

Memphis Area Association of REALTORS®

APN: 08-1089-C0-0003

Tennessee Shelby County Memphis 38119 Shady Grove

3037 McVay Trail Dr, Memphis, TN

This home is located at 3037 McVay Trail Dr, Memphis, TN 38119 since 28 March 2012 and is currently estimated at $126,501, approximately $85 per square foot. This property was built in 1981. 3037 McVay Trail Dr is a home located in Shelby County with nearby schools including Oak Forest Elementary, Ridgeway Middle School, and Ridgeway High School.

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