NOT LISTED FOR SALE

3042 Mcadoo Ave Memphis, TN 38112

Binghampton Neighborhood
4 Beds
4 Baths
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: October 16, 2019

Last sale price $59,900

69 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 5-minute walk to Shelby Farms Park Greenline

About This Home

As of October 2019

4-plex in Binghampton. 3 sides are currently rented and the 4th side is being marketed for a tenant. Unit #1 rents for $400 & has a long term tenant, Unit #2 rents for $350, Unit #3 rents for $325 & has a long term tenant. Unit #4 is vacant but is in the process of some rehab work. Bring your investors! Drive-by only. Contracts are contingent upon viewing the property. Property is "AS IS", will make no repairs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1955

Lot Details

  • 5,663

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • 4 Units
  • Homesite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044008 00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1955

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1955
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: No
  • Laundry Features: None

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: .13
  • Lot Size Units: Acres
  • Parcel #: 044008 00023
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 634

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,250
Interest Rate
0.069%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0385%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 17, 2019
Closed on
Oct 10, 2019
Sold by
Bought by
List Price
$75,000
Sold Price
$59,900
Premium/Discount to List
-$15,100
-20.13%

Purchase Details

Listed on
Dec 2, 2013
Closed on
Dec 26, 2013
Sold by
Bought by
Seller's Agent
ANTHONY WILLOUGHBY
Germantown Luxury Homes, LLC
Buyer's Agent
ANTHONY WILLOUGHBY
Germantown Luxury Homes, LLC
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Dec 2, 2013
Closed on
Dec 20, 2013
Sold by
Bought by
Seller's Agent
ANTHONY WILLOUGHBY
Germantown Luxury Homes, LLC
Buyer's Agent
ANTHONY WILLOUGHBY
Germantown Luxury Homes, LLC
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 None Listed On Document
$118,000 Hodges Law Firm Pllc
$59,900 Saddle Creek Title Llc
$65,000 None Available
$40,000 None Available
$6,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $554,250
Closed $475,520
Closed $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2019 10/16/19 Sold $59,900 -20.1% --
08/25/2019 08/25/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $75,000 +87.5% --
01/08/2014 01/08/14 Sold $40,000 -32.2% $16 / Sq Ft View Prior Sale
12/27/2013 12/27/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $59,000 -- $24 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $819 $30,440 $5,080 $25,360
2024 $937 $27,640 $4,080 $23,560
2023 $1,684 $27,640 $4,080 $23,560
2022 $1,684 $27,640 $4,080 $23,560
2021 $750 $27,640 $4,080 $23,560
2020 $1,258 $17,360 $4,080 $13,280
2019 $555 $17,360 $4,080 $13,280
2018 $555 $17,360 $4,080 $13,280
2017 $568 $17,360 $4,080 $13,280
2016 $357 $8,160 $0 $0
2014 $357 $8,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    ANTHONY WILLOUGHBY

    Germantown Luxury Homes, LLC

    (901) 364-0619

    18 Total Sales

    ANTHONY WILLOUGHBY
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Map

Source: Realtracs

MLS Number: 3026397

Realtracs
Tennessee Shelby County Memphis 38112 Binghampton

3042 Mcadoo Ave, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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