Seller's Agent in 2020
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
16 in this area
247 Total Sales
3071 Mccool Ave Memphis, TN 38114
Orange Mound NeighborhoodEstimated Value: $71,000 - $125,000
3
Beds
1
Bath
1,040
Sq Ft
$90/Sq Ft
Est. Value
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
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
Listed on
Sep 10, 2025
Closed on
Sep 9, 2025
Sold by
Bought by
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
$16,105
Avg. Annual Appreciation
27.21%
Purchase Details
Listed on
Jan 14, 2020
Closed on
Feb 14, 2020
Sold by
Bought by
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
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
$36,000
Interest Rate
3.75%
Purchase Details
Closed on
Mar 30, 2017
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
$24,330
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $78,000 | Realty Title & Escrow | ||
| $69,500 | Delta Title Services Llc | ||
| $27,000 | Delta Title Services Llc | ||
| $26,750 | 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 |
|---|---|---|---|
| Previous Owner | $55,600 | ||
| Previous Owner | $36,000 | ||
| Previous Owner | $24,330 |
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 |
|---|---|---|---|---|---|
| 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
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 | $861 | $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
16 in this area
260 Total Sales
Map
Source: Realtracs
MLS Number: 3084217
APN: 05-9040-0-0003
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.
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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