NOT LISTED FOR SALE

3063 Parker Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $49,139 - $104,000

4 Beds
1 Bath
1,200-1,399 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $35,000 $25 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $455/month

38 Days on Market

About This Home

As of May 2022

Attention investors! Check out this cash-flowing investment opportunity. This property is already occupied and the cash flow for $750/Month to month. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection. CASH offer only.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 04/17/2022

Last Buyer's Agent

Tara Woodley

Zach Taylor Real Estate License #321165

Zach Taylor Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 104x204

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,288 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Mary L Raines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075017 00053C

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0.48 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MARY F RAINES
  • List Price Per Sq Ft: 35
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1288
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1

Lot Info

  • Lot Number: 46&47&48
  • Acreage: 0.48
  • Lot Size: 104X204

Tax Info

  • Assessor Parcel Number: 075017 00053C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
May 25, 2022
Sold by
Lands4pennies Llc
Bought by
Abdalla Yousef
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tara Woodley
Zach Taylor Real Estate
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Current Estimated Value
$72,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,785
Avg. Annual Appreciation
21.13%

Purchase Details

Closed on
Aug 18, 2021
Sold by
Moore David
Bought by
Lands4pennies Llc

Purchase Details

Closed on
May 30, 2013
Sold by
Clayton Bank & Trust
Bought by
Moore David

Purchase Details

Closed on
Apr 26, 2012
Sold by
Alexander Charles W
Bought by
Oakland Deposit Bank

Purchase Details

Closed on
May 9, 2007
Sold by
Alexander Charles W and Alexander Patricia
Bought by
Scheerer Cheryl A and Scheerer Kirk D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
6.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 9, 2006
Sold by
National City Bank Of Kentucky
Bought by
Great American Homes

Purchase Details

Closed on
Aug 8, 2006
Sold by
Great American Homes Inc
Bought by
Alexander Charles

Purchase Details

Closed on
Nov 23, 2005
Sold by
King Gylinda P and King Leslie L
Bought by
National City Bank Of Kentucky

Purchase Details

Closed on
Aug 20, 2004
Sold by
Gooch Clyde L and Gooch Marble Lene
Bought by
King Gylinda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Gooch Michael L and Gooch Clyde L
Bought by
Gooch Clyde L and Gooch Marble Lene

Purchase Details

Closed on
Sep 5, 2002
Sold by
Gooch Clyde and Gooch Marble Lene
Bought by
Gooch Michael L and Gooch Clyde L
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
Abdalla Yousef $35,000 New Title Company Name
Lands4pennies Llc $25,000 Saddle Creek Title
Moore David $7,500 None Available
Oakland Deposit Bank $10,000 None Available
Scheerer Cheryl A -- None Available
Great American Homes $7,000 None Available
Alexander Charles -- None Available
National City Bank Of Kentucky $40,050 --
King Gylinda P $46,000 --
Gooch Clyde L -- --
Gooch Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheerer Cheryl A $23,500
Previous Owner King Gylinda P $36,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $35,000 -22.2% $29 / Sq Ft
04/30/2022 04/30/22 Price Changed $45,000 -24.9% $38 / Sq Ft
04/17/2022 04/17/22 For Sale $59,900 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $14,700 $1,800 $12,900
2024 -- $7,075 $1,300 $5,775
2023 $431 $7,075 $1,300 $5,775
2022 $431 $7,075 $1,300 $5,775
2021 $192 $7,075 $1,300 $5,775
2020 $594 $8,200 $1,300 $6,900
2019 $262 $8,200 $1,300 $6,900
2018 $262 $8,200 $1,300 $6,900
2017 $268 $8,200 $1,300 $6,900
2016 $317 $7,250 $0 $0
2014 $317 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2022

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    41 in this area

    1,394 Total Sales

    Dean Harris
    Section Image
  • Tara Woodley

    Buyer's Agent in 2022

    Tara Woodley

    Zach Taylor Real Estate

    (901) 603-3419

    11 in this area

    88 Total Sales

    Tara Woodley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121879

Memphis Area Association of REALTORS®

APN: 07-5017-0-0053C

Tennessee Shelby County Memphis 38109 Westwood

3063 Parker Rd, Memphis, TN

Not Listed for Sale

Detached

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