NOT LISTED FOR SALE

3041 Mount Olive Rd Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $58,000 - $77,483

3 Beds
2 Baths
1,400-1,599 Sq Ft
$44/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $30,000 $19 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $415/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of August 2019

Solid investment property cash flowing at $650/mo. Drive by only, offers to be made contingent upon inspection. Can be packaged with 1454 Sunset, 1315 Claybrook, and 3250 Mckell.

Last Agent to Sell the Property

Duane Kinnard

Tri-Leake Realty License #335044 Listed on: 06/27/2019

Last Buyer's Agent

Robert Hunt

Epique Realty License #341983

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $405

Year Built

  • Built in 1998

Lot Details

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

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,384 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043017 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$405

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 743A
  • MAAR Subdivision Name: BUNGALOW PARK
  • List Price Per Sq Ft: 24
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1384
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 403
  • Acreage: 0.11
  • Lot Size: 40 X 120
  • Price Per Acre: 300000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 043017 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Robert Mccurdy
Bought by
Charlene H Beeson Revocable Trust
Current Estimated Value
$70,371

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 1, 2019
Sold by
Mcguffin Michael W
Bought by
Mccurdy Robert
Seller's Agent
Duane Kinnard
Tri-Leake Realty
Buyer's Agent
Robert Hunt
Epique Realty
List Price
$33,000
Sold Price
$30,000
Premium/Discount to List
-$3,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
Feb 17, 2010
Sold by
Fannie Mae
Bought by
Bkd Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,160
Interest Rate
5.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 11, 2009
Sold by
Hurt John R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 30, 2006
Sold by
Mid South Homebuyers Inc
Bought by
Hurt John Robert

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
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 28, 2005
Sold by
Renasant Bank
Bought by
Mid South Homebuyers Inc

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
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2005
Sold by
C R Pride Investments Inc
Bought by
Renasant Bank

Purchase Details

Closed on
Dec 20, 2000
Sold by
Countrywide Home Loans Inc
Bought by
C R Pride Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.53%

Purchase Details

Closed on
May 19, 2000
Sold by
Humphrey Eneso A
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jul 21, 1998
Sold by
Lusk Eddie
Bought by
Humphrey Eneso A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,110
Interest Rate
6.96%

Purchase Details

Closed on
May 14, 1998
Sold by
David Walker and David Walker F
Bought by
Lusk 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
Charlene H Beeson Revocable Trust $60,000 --
Mccurdy Robert $30,000 Nexus Title & Escrow Llc
Bkd Properties Llc $11,600 Tam Title & Escrow Llc
Federal National Mortgage Association $62,884 None Available
Hurt John Robert $52,000 None Available
Mid South Homebuyers Inc $45,000 --
Renasant Bank $26,000 --
C R Pride Investments Inc $30,000 First American Title Ins Co
Countrywide Home Loans Inc $56,000 --
Humphrey Eneso A $63,000 --
Lusk Eddie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bkd Properties Llc $17,160
Previous Owner Hurt John Robert $58,049
Previous Owner Hurt John Robert $52,000
Previous Owner Mid South Homebuyers Inc $24,000
Previous Owner C R Pride Investments Inc $40,500
Previous Owner Humphrey Eneso A $61,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $30,000 -9.1% $21 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $33,000 -- $24 / 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 $405 $15,450 $1,625 $13,825
2024 $405 $11,950 $875 $11,075
2023 $728 $11,950 $875 $11,075
2022 $728 $11,950 $875 $11,075
2021 $324 $11,950 $875 $11,075
2020 $681 $9,400 $875 $8,525
2019 $300 $9,400 $875 $8,525
2018 $300 $9,400 $875 $8,525
2017 $308 $9,400 $875 $8,525
2016 $358 $8,200 $0 $0
2014 $358 $8,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    3 in this area

    127 Total Sales

    Duane Kinnard
    Section Image
  • Robert Hunt

    Buyer's Agent in 2019

    Robert Hunt

    Epique Realty

    (901) 550-6856

    37 Total Sales

    Robert Hunt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10056096

Memphis Area Association of REALTORS®

APN: 04-3017-0-0020

Tennessee Shelby County Memphis 38108 Douglass

3041 Mount Olive Rd, Memphis, TN

This home is located at 3041 Mount Olive Rd, Memphis, TN 38108 since 27 June 2019 and is currently estimated at $70,371, approximately $44 per square foot. This property was built in 1998. 3041 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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