NOT LISTED FOR SALE

3092 Mount Olive Rd Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $43,000 - $49,000

2 Beds
1 Bath
100-999 Sq Ft
$46/Sq Ft Est. Value

Last Sold March 31, 2023

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

Est. 32% increase in value since last sale

Current estimated payment $256/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Brick Veneer

About This Home

As of March 2023

2br/ 1ba- Investment-Property to be sold "AS IS". Cash offers only! Property is currently professionally managed. Do not disturb tenants. Drive by only! Tenant in place since March 2022 paying $625/mo. Good cash flow property! New water heater and Central heat 2020. Roof approximately 5yrs. old. See attached rent roll. Make any offer subject to inspection and tenants rights. Use attached docs. when submitting offers. Contact listing agent for more details.

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 02/18/2023

Last Buyer's Agent

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 02/18/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x120
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 891 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Heating System Uses Gas

Community Details

  • Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043023 00141

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BUNGALOW PARK
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 891
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 339
  • Acreage: 0.12
  • Lot Size: 45X120

Tax Info

  • Assessor Parcel Number: 043023 00141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 31, 2023
Sold by
Define Holdings Llc
Bought by
Kdr Property Management Llc
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Lowell Brister
Leco Realty, Inc.
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%
Views
36
Current Estimated Value
$46,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,171
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Apr 15, 2020
Sold by
Howell Robert L
Bought by
Define Holdings Llc

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 27, 2019
Sold by
U S Bank Trust Na
Bought by
Howell Robert L
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lowell Brister
Leco Realty, Inc.
List Price
$29,900
Sold Price
$19,000
Premium/Discount to List
-$10,900
-36.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
May 6, 2019
Sold by
Simmons Estelle and Simmons Harvey
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust
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
Kdr Property Management Llc $35,000 None Listed On Document
Define Holdings Llc -- Closetrak Llc
Howell Robert L $19,000 Closetrak Closing & Ttl Svcs
U S Bank Trust Na $16,800 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $35,000 -22.0% $350 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $44,900 +28.3% $449 / Sq Ft
02/18/2023 02/18/23 Off Market $35,000 -- --
02/18/2023 02/18/23 For Sale $44,900 +136.3% $449 / Sq Ft
12/30/2019 12/30/19 Sold $19,000 -4.5% $190 / Sq Ft View Prior Sale
12/14/2019 12/14/19 Pending -- -- --
11/22/2019 11/22/19 Price Changed $19,900 -20.1% $199 / Sq Ft
10/15/2019 10/15/19 Price Changed $24,900 -16.7% $249 / Sq Ft
09/09/2019 09/09/19 For Sale $29,900 -- $299 / 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 $183 $9,400 $1,625 $7,775
2024 $183 $5,400 $875 $4,525
2023 $329 $5,400 $875 $4,525
2022 $329 $5,400 $875 $4,525
2021 $186 $5,400 $875 $4,525
2020 $322 $4,450 $875 $3,575
2019 $142 $4,450 $875 $3,575
2018 $142 $4,450 $875 $3,575
2017 $146 $4,450 $875 $3,575
2016 $210 $4,800 $0 $0
2014 $210 $4,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lowell Brister

    Leco Realty, Inc.

    (901) 508-4737

    5 in this area

    123 Total Sales

    Lowell Brister
    Section Image
  • Jimmie Tapley

    Seller's Agent in 2019

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    1 in this area

    216 Total Sales

    Jimmie Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142274

Memphis Area Association of REALTORS®

APN: 04-3023-0-0141

Tennessee Shelby County Memphis 38108 Douglass

3092 Mount Olive Rd, Memphis, TN

Not Listed for Sale

Detached

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