NOT LISTED FOR SALE

3037 Mount Olive Rd Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $93,000

2 Beds
1 Bath
100-999 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $3,250 $3 Per Sq Ft

Est. 2,762% increase in value since last sale

Current estimated payment $506/month

263 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of October 2014

Seller looking at all offers the next 10 days. This incredible large home needs rehab and investor can add to their portfolio. Could be owner occupant. Selling as is with no warranties.

Last Agent to Sell the Property

Marceline Williams

LPT Realty, LLC License #309240 Listed on: 01/23/2014

LPT Realty, LLC

Last Buyer's Agent

Takesha Corzette

BEST Real Estate Company License #312383

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 950 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043017 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$30

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: WARFORD
  • MLS Map #: 743A
  • MAAR Subdivision Name: BUNGALOW PARK
  • List Price Per Sq Ft: 7
  • Number Of Stories: 1
  • Price Per Sq Ft: 3.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 950
  • Year Built: 1926
  • 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: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Wood/Composition

Lot Info

  • Lot Description: Level
  • Lot Number: 402
  • Acreage: 0.11
  • Lot Size: 40 X 120
  • Price Per Acre: 60000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 043017 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
Oct 17, 2014
Sold by
Nunnally Roxie and Nunnally Avionce
Bought by
Sims Johnathan
Seller's Agent
Marceline Williams
LPT Realty, LLC
Buyer's Agent
Takesha Corzette
BEST Real Estate Company
List Price
$6,600
Sold Price
$3,250
Premium/Discount to List
-$3,350
-50.76%
Current Estimated Value
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,750
Avg. Annual Appreciation
36.07%

Purchase Details

Listed on
Oct 5, 2011
Closed on
Feb 22, 2012
Sold by
The Bank Of New York Mellon
Bought by
Nunnally Avionce and Nunnally Roxie
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Michael Williams
The Carter Group LLC, REALTORS
List Price
$5,800
Sold Price
$1,500
Premium/Discount to List
-$4,300
-74.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.18%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Collins Shirley Hope
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 7, 2005
Sold by
Starks Eddie
Bought by
Collins Shirley Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Williams Tony B
Bought by
Starks Eddie
Source: Public Records

Range of Values:

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Average Value
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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
Sims Johnathan $3,250 Alliance Title & Escrow Llc
Nunnally Avionce $1,500 Servicelink
The Bank Of New York Mellon $2,700 None Available
Collins Shirley Hope $65,000 Nations Title Tennessee Inc
Starks Eddie $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Shirley Hope $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $3,250 -50.8% $33 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $6,600 +340.0% $66 / Sq Ft
02/29/2012 02/29/12 Sold $1,500 -74.1% $15 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
10/05/2011 10/05/11 For Sale $5,800 -- $58 / 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 $30 $1,625 $1,625 --
2024 $30 $875 $875 --
2023 $53 $875 $875 $0
2022 $53 $875 $875 $0
2021 $54 $875 $875 $0
2020 $63 $875 $875 $0
2019 $63 $875 $875 $0
2018 $63 $875 $875 $0
2017 $36 $875 $875 $0
2016 $106 $2,425 $0 $0
2014 $106 $2,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marceline Williams

    Seller's Agent in 2014

    Marceline Williams

    LPT Realty, LLC

    (901) 212-4141

    1 in this area

    81 Total Sales

    Marceline Williams
    Section Image

  • T

    Buyer's Agent in 2014

    Takesha Corzette

    BEST Real Estate Company

    8 Total Sales

    Takesha Corzette
    Section Image
  • Greg Glosson

    Seller's Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Williams

    The Carter Group LLC, REALTORS

    (901) 490-8825

    49 Total Sales

    Michael Williams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3289192

Memphis Area Association of REALTORS®

APN: 04-3017-0-0003

Tennessee Shelby County Memphis 38108 Douglass

3037 Mount Olive Rd, Memphis, TN

This home is located at 3037 Mount Olive Rd, Memphis, TN 38108 since 23 January 2014 and is currently estimated at $93,000, approximately $93 per square foot. This property was built in 1926. 3037 Mount Olive Rd is a home located in Shelby County with nearby schools including Douglass Elementary School, Douglass High School, and Promise Academy.

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