NOT LISTED FOR SALE

3084 Sharpe Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $82,509 - $110,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $59,900 $43 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $580/month

36 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Corner Lot
  • Some Wood Windows

About This Home

As of December 2020

Beautiful Turnkey Investment Property for Investors! Completely Renovated Home! Market Rent Is Around $850. Cap Rate 14.9%. 3 Bd / 1 Bth, Separate Den (can be used as 4th Bedroom) Huge Yard Completely Fenced In, New Tile, New Backsplash, New Faucets & Light Fixtures! Gorgeous Hardwood Floors! Central Heat & Air! DO NOT DISTURB TENANT. Owner/Agent ** Video Tour @ https://cli.re/YVqbzq **

Last Agent to Sell the Property

Rodney Adams

Avidian Real Estate Co., Inc. License #275296 Listed on: 09/27/2020

Last Buyer's Agent

Tina Tant

All Stars Realty License #347852

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $507

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 104x110
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,163 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Dining Room
  • Den
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherokee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059037 00104

Home Details

Home Type

Single Family

Est. Annual Taxes

$507

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Price Per Sq Ft: 51.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1163
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Corner
  • Lot Number: 258
  • Acreage: 0.26
  • Lot Size: 104X110
  • Price Per Acre: 230385

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 059037 00104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Bennett Trevor M and Bennett Stephanie P
Bought by
Innovative Real Estate Investments Llc
Current Estimated Value
$99,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2020
Closed on
Dec 18, 2020
Sold by
3084 Sharpe Avenue Land Trust
Bought by
Bennett Trevor M and Bennett Stephanie P
Seller's Agent
Rodney Adams
Avidian Real Estate Co., Inc.
Buyer's Agent
Tina Tant
All Stars Realty
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$44,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2018
Sold by
Milnor Gregg
Bought by
Weaver Sherrie and 3084 Sharp Ave Land Trust

Purchase Details

Closed on
May 9, 2002
Sold by
Peakair Llc
Bought by
Milnor Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.12%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Milnor Walker I and Milnor Gregg S
Bought by
Peakair Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,360
Interest Rate
5%

Purchase Details

Closed on
Jan 23, 2002
Sold by
Cornerstone Properties
Bought by
Milnor Walker I and Milnor Gregg S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,360
Interest Rate
5%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Union Planters Bank Na
Bought by
Cornerstone Properties

Purchase Details

Closed on
Oct 9, 2000
Sold by
Bonds Walter
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Dec 22, 1999
Sold by
Reed Michael E
Bought by
Bonds Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,463
Interest Rate
7.67%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Richardson Allen
Bought by
Reed Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,113
Interest Rate
7.79%

Purchase Details

Closed on
Jun 4, 1999
Sold by
Melvin Bady
Bought by
Household Financial Center Inc
Source: Public Records

Range of Values:

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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
Innovative Real Estate Investments Llc $90,000 --
Bennett Trevor M $59,900 Saddle Creek Title Llc
Weaver Sherrie $8,000 Quality Title Group Llc
Milnor Gregg -- --
Peakair Llc -- --
Milnor Walker I -- --
Cornerstone Properties $30,000 --
Union Planters Bank Na $51,474 --
Bonds Walter $47,900 --
Reed Michael E $24,000 --
Richardson Allen $23,500 --
Household Financial Center Inc $34,418 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Innovative Real Estate Investm $87,500
Closed Innovative Real Estate Investments Llc $90,000
Previous Owner Bennett Trevor M $44,250
Previous Owner Milnor Gregg $44,000
Previous Owner Milnor Walker I $41,360
Previous Owner Bonds Walter $46,463
Previous Owner Richardson Allen $29,113
Closed Bonds Walter $3,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $59,900 0.0% $50 / Sq Ft
09/27/2020 09/27/20 For Sale $59,900 -- $50 / 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 $507 $30,275 $2,625 $27,650
2024 $507 $14,950 $1,250 $13,700
2023 $911 $14,950 $1,250 $13,700
2022 $911 $14,950 $1,250 $13,700
2021 $1,082 $14,950 $1,250 $13,700
2020 $732 $10,100 $1,250 $8,850
2019 $323 $10,100 $1,250 $8,850
2018 $323 $10,100 $1,250 $8,850
2017 $330 $10,100 $1,250 $8,850
2016 $398 $9,100 $0 $0
2014 $398 $9,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rodney Adams

    Avidian Real Estate Co., Inc.

    Section Image

  • T

    Buyer's Agent in 2020

    Tina Tant

    All Stars Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085762

Memphis Area Association of REALTORS®

APN: 05-9037-0-0104

Tennessee Shelby County Memphis 38114 Orange Mound

3084 Sharpe Ave, Memphis, TN

This home is located at 3084 Sharpe Ave, Memphis, TN 38114 since 27 September 2020 and is currently estimated at $99,377, approximately $71 per square foot. This property was built in 1952. 3084 Sharpe Ave is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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