NOT LISTED FOR SALE

3073 McVay Trail Dr Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $156,000 - $187,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$107/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2023

Last sale price $169,500 $106 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $976 / mo

63 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • 1 Fireplace
  • Brick Veneer

About This Home

As of July 2023

Completely renovated home with a tenant moving in on a 2-year lease at $1395 in year 1 and $1450 in year 2. New roof, sewer line, updated kitchen, bath & vinyl plank flooring. Our repairs & updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? We are always looking to buy homes "as is" without inspection and will pay cash. Call listing agent for details.

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 04/03/2023

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 04/03/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 32x185
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,536 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Phase I Greenlodge Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081089 C00017

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GREENLODGE TOWNHOMES
  • List Price Per Sq Ft: 110
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1536
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 17
  • Acreage: 0.14
  • Lot Size: 32X185

Tax Info

  • Assessor Parcel Number: 081089 C00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 30, 2023
Sold by
Memphis Turnkey Properties Gp
Bought by
Collazos Daniel Francisco
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$169,500
Sold Price
$169,500
Current Estimated Value
$171,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639
Avg. Annual Appreciation
0.35%
Original Mortgage
$118,650
Outstanding Balance
$115,584
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$55,555

Purchase Details

Closed on
Jan 31, 2023
Sold by
Young Wallace Dean and Young Karen L
Bought by
Memphis Turnkey Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2001
Sold by
Harper Betty Jo
Bought by
Young Wallace D and Young Karen L

Purchase Details

Closed on
Sep 12, 2000
Sold by
Rochelle George L
Bought by
Rochelle Betty Jo Harper
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Collazos Daniel Francisco $169,500 Home Surety Title & Escrow
Memphis Turnkey Properties Gp $313,650 Coventry Escrow & Title
Young Wallace D $53,000 --
Young Wallace D $53,000 --
Rochelle Betty Jo Harper -- --
Rochelle Betty Jo Harper -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collazos Daniel Francisco $118,650
Previous Owner Memphis Turnkey Properties Gp $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2023 07/03/23 Sold $169,500 0.0% $121 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $169,500 -- $121 / 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 $743 $40,125 $3,750 $36,375
2024 $743 $21,925 $3,600 $18,325
2023 $1,336 $21,925 $3,600 $18,325
2022 $1,336 $21,925 $3,600 $18,325
2021 $1,351 $21,925 $3,600 $18,325
2020 $1,060 $14,625 $3,000 $11,625
2019 $467 $14,625 $3,000 $11,625
2018 $467 $14,625 $3,000 $11,625
2017 $478 $14,625 $3,000 $11,625
2016 $600 $13,725 $0 $0
2014 $600 $13,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2023

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    1 in this area

    322 Total Sales

    Andrew Akins
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151577

Memphis Area Association of REALTORS®

APN: 08-1089-C0-0017

Tennessee Shelby County Memphis 38119 Shady Grove

3073 McVay Trail Dr, Memphis, TN

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