NOT LISTED FOR SALE

3048 Queensgate Ave Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $140,000 - $176,000

3 Beds
1.5 Baths
1,270 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $25,000 $20 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $869/month

47 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Combination Dining and Living Room
  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property

About This Home

As of December 2014

Investor Special! Sold " AS IS".

Last Agent to Sell the Property

Alison Restivo

The Restivo Group, REALTORS License #274936 Listed on: 10/15/2014

Last Buyer's Agent

Lisa Haley

Keystone Realty, LLC License #255150

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 10,454 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Pool

  • In Ground Pool

Community Details

  • Kensington Gardens Blk F 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060194 00030

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK F-1
  • List Price Per Sq Ft: 23
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1270
  • Year Built: 1962
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination

Exterior Features

  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 580
  • Acreage: 0.24

Tax Info

  • Assessor Parcel Number: 060194 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Memphis Inv Properties Iv Llc
Bought by
Dykstra David
Current Estimated Value
$156,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,930
Outstanding Balance
$110,402
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$45,901

Purchase Details

Closed on
Jan 11, 2024
Sold by
Carmine Appice Jr Living Trust
Bought by
Memphis Inv Properties 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
$120,000
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 11, 2015
Sold by
Appice Carmine
Bought by
Appice Carmine and The Carmine Appice Jr Living Trust

Purchase Details

Closed on
Feb 25, 2015
Sold by
Appice Carmine
Bought by
Appice Carmine

Purchase Details

Listed on
Oct 15, 2014
Closed on
Feb 5, 2015
Sold by
Hardin Enterprises Inc
Bought by
Appice Carmine and The Carmine Appice Jr Living Trust
Seller's Agent
Alison Restivo
The Restivo Group, REALTORS
Buyer's Agent
Lisa Haley
Keystone Realty, LLC
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$50,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 15, 2014
Closed on
Dec 12, 2014
Sold by
Alliance Realty Capital Llc
Bought by
Hardin Enterprises Inc
Seller's Agent
Alison Restivo
The Restivo Group, REALTORS
Buyer's Agent
Lisa Haley
Keystone Realty, LLC
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2014
Sold by
Corckett Albert Lee
Bought by
Alliance Realty Capital Llc

Purchase Details

Closed on
Apr 16, 2001
Sold by
The Magnolia Real Estate Company Inc
Bought by
Crockett Albert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,918
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2000
Sold by
Shirlee Cardwell
Bought by
The Magnolia Real Estate Company Inc and Consolidated Poultry & Egg Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dykstra David $159,900 None Listed On Document
Memphis Inv Properties Iv Llc $65,000 Delta Title Services
Appice Carmine -- Attorney
Appice Carmine -- None Available
Appice Carmine -- None Available
Hardin Enterprises Inc $50,000 None Available
Hardin Enterprises Inc $25,000 None Available
Alliance Realty Capital Llc $27,000 None Available
Crockett Albert L $70,000 --
Crockett Albert L $70,000 --
The Magnolia Real Estate Company Inc $37,000 --
The Magnolia Real Estate Company Inc $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dykstra David $111,930
Previous Owner Memphis Inv Properties Iv Llc $120,000
Previous Owner Hardin Enterprises Inc $50,000
Previous Owner Crockett Albert L $68,918
Previous Owner The Magnolia Real Estate Company Inc $43,400
Closed Crockett Albert L $4,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $25,000 -13.8% $20 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $29,000 -- $23 / 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 $619 $40,150 $3,375 $36,775
2024 $619 $18,250 $2,750 $15,500
2023 $1,112 $18,250 $2,750 $15,500
2022 $1,112 $18,250 $2,750 $15,500
2021 $1,125 $18,250 $2,750 $15,500
2020 $1,020 $14,075 $2,750 $11,325
2019 $1,020 $14,075 $2,750 $11,325
2018 $1,020 $14,075 $2,750 $11,325
2017 $578 $14,075 $2,750 $11,325
2016 $590 $13,500 $0 $0
2014 $590 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    25 Total Sales

    Alison Restivo
    Section Image
  • Lisa Haley

    Buyer's Agent in 2014

    Lisa Haley

    Keystone Realty, LLC

    (901) 553-4237

    16 Total Sales

    Lisa Haley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9939702

Memphis Area Association of REALTORS®

APN: 06-0194-0-0030

Tennessee Shelby County Memphis 38118 Oakhaven

3048 Queensgate Ave, Memphis, TN

Not Listed for Sale

Detached

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