Seller's Agent in 2020
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
17 in this area
314 Total Sales
3071 Mccool Ave Memphis, TN 38114
Orange Mound Neighborhood
3
Beds
1
Bath
1,040
Sq Ft
9,583
Sq Ft
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- Property has 3 Levels
- No HOA
- Carpet
About This Home
As of September 2025Investment opportunity available. Tenant occupied and professionally managed home for sale (lease, ledger, repair history available upon request). Investors only! This property could be a great addition to your rental portfolio. The property is currently rented for $880/mo with a $695 security deposit. The lease expires February 2026. This was bought turnkey in 2020 and the roof, HVAC, water heater should all be in good shape (please confirm)! Make offers contingent on interior inspection. No wholesalers, no assignments, no creative financing or owner financing...cash offers or conventional bank offers only. No sign in the yard. The photos used were prior to the tenant moving in and may not reflect the current condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,100
Year Built
- Built in 1951
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 60x164
Parking
- Parking Pad
Home Design
- Traditional Architecture
Interior Spaces
- 1,040 Sq Ft Home
- Property has 3 Levels
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Cherokee Subdivision
Listing and Financial Details
- Tax Lot 104
- Assessor Parcel Number 059040 00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Sep 9, 2025
Sold by
Cotter Thomas
Bought by
Ano Real Estate Llc
List Price
$89,900
Sold Price
$78,000
Premium/Discount to List
-$11,900
-13.24%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,390
Avg. Annual Appreciation
40.09%
Purchase Details
Listed on
Jan 14, 2020
Closed on
Feb 14, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Cotter Thomas
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$69,500
Sold Price
$69,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$55,600
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 6, 2019
Sold by
Flowers Angelia Williams
Bought by
Memphis Investments Properties Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.75%
Purchase Details
Closed on
Mar 30, 2017
Sold by
Cowan Alicia R and Hulbert Otis
Bought by
Williams Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,330
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $78,000 | Realty Title & Escrow | |
| Warranty Deed | $69,500 | Delta Title Services Llc | |
| Warranty Deed | $27,000 | Delta Title Services Llc | |
| Warranty Deed | $26,750 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,600 | New Conventional | |
| Previous Owner | $36,000 | No Value Available | |
| Previous Owner | $24,330 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $89,900 | +15.3% | $86 / Sq Ft | |
| 09/10/2025 09/10/25 | Sold | $78,000 | +12.2% | $75 / Sq Ft | |
| 09/10/2025 09/10/25 | Pending | -- | -- | -- | |
| 02/18/2020 02/18/20 | Sold | $69,500 | 0.0% | $70 / Sq Ft | View Prior Sale |
| 01/14/2020 01/14/20 | Pending | -- | -- | -- | |
| 01/14/2020 01/14/20 | For Sale | $69,500 | -- | $70 / Sq Ft |
Source: Realtracs
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 | $566 | $32,025 | $2,625 | $29,400 |
| 2024 | $566 | $16,700 | $1,250 | $15,450 |
| 2023 | $1,017 | $16,700 | $1,250 | $15,450 |
| 2022 | $1,017 | $16,700 | $1,250 | $15,450 |
| 2021 | $576 | $16,700 | $1,250 | $15,450 |
| 2020 | $652 | $9,000 | $1,250 | $7,750 |
| 2019 | $288 | $9,000 | $1,250 | $7,750 |
| 2018 | $288 | $9,000 | $1,250 | $7,750 |
| 2017 | $294 | $9,000 | $1,250 | $7,750 |
| 2016 | $354 | $8,100 | $0 | $0 |
| 2014 | $354 | $8,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Reedy
-
Bradley Reedy
B
Buyer's Agent in 2020
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
17 in this area
329 Total Sales
Map
Source: Realtracs
MLS Number: 3084217
APN: 05-9040-0-0003
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Based on information submitted to the MLS GRID
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