NOT LISTED FOR SALE

3122 Johnson Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $67,000 - $118,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $88,000 $63 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $541/month

59 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of February 2023

Terrific buy and hold opportunity in Memphis, TN. Located just blocks off Chickasaw County Club, between Summer Ave and Poplar. Professionally Managed, tenants in place.

Last Agent to Sell the Property

Pablo Pereyra

901, REALTORS License #285174 Listed on: 12/16/2022

901, REALTORS

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $373

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,352 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Laminate Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Rogers Summer Avenue Acreage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044006 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$373

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754B
  • MAAR Subdivision Name: ROGERS SUMMER AVE
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1352
  • Year Built: 1951
  • 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: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: PT 32
  • Acreage: 0.18
  • Lot Size: 50X165
  • Price Per Acre: 552778

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 044006 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 17, 2023
Sold by
Stephen Masters Living Trust
Bought by
Lin David H E
Seller's Agent
Pablo Pereyra
901, REALTORS
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$99,500
Sold Price
$88,000
Premium/Discount to List
-$11,500
-11.56%
Views
93
Current Estimated Value
$93,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,669
Avg. Annual Appreciation
1.87%

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 30, 2020
Sold by
Orianus Patrick
Bought by
Master Stephen and The Stpehen Masters Living Tru
Seller's Agent
Curtis Bleeker
KAIZEN Realty, LLC
Buyer's Agent
Adam Tullos
McWaters & Associates
List Price
$44,000
Sold Price
$41,000
Premium/Discount to List
-$3,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.08%

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 3, 2019
Sold by
U S Bank Trust Na
Bought by
Orianus Patrick
Seller's Agent
Jerry T Davidson
Memphis One Inc
Buyer's Agent
Curtis Bleeker
KAIZEN Realty, LLC
List Price
$29,900
Sold Price
$21,000
Premium/Discount to List
-$8,900
-29.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.30%
Original Mortgage
$29,600
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2019
Sold by
Harris Kathryn L
Bought by
Us Bank Trust and Lsf10 Master Participation Trust

Purchase Details

Closed on
Jun 30, 2005
Sold by
Peyton Reginald M
Bought by
James Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Lin David H E $88,000 Saddle Creek Title
Master Stephen $43,000 Saddle Creek Title Llc
Orianus Patrick $21,000 None Available
Us Bank Trust $20,000 None Available
James Erin $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orianus Patrick $29,600
Previous Owner James Erin $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $88,000 -11.6% $73 / Sq Ft
12/16/2022 12/16/22 For Sale $99,500 +142.7% $83 / Sq Ft
08/05/2020 08/05/20 Sold $41,000 -6.8% $34 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $44,000 +109.5% $37 / Sq Ft
09/13/2019 09/13/19 Sold $21,000 -6.7% $18 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $22,500 -9.6% $19 / Sq Ft
07/03/2019 07/03/19 Price Changed $24,900 -16.7% $21 / Sq Ft
06/07/2019 06/07/19 For Sale $29,900 -- $25 / 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 $373 $21,975 $2,750 $19,225
2024 -- $11,000 $1,500 $9,500
2023 $670 $11,000 $1,500 $9,500
2022 $670 $11,000 $1,500 $9,500
2021 $678 $11,000 $1,500 $9,500
2020 $464 $6,400 $1,500 $4,900
2019 $205 $6,400 $1,500 $4,900
2018 $205 $6,400 $1,500 $4,900
2017 $209 $6,400 $1,500 $4,900
2016 $236 $5,400 $0 $0
2014 $236 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pablo Pereyra

    Seller's Agent in 2023

    Pablo Pereyra

    901, REALTORS

    (901) 676-6555

    2 in this area

    111 Total Sales

    Pablo Pereyra
    Section Image
  • James Wachob

    Buyer's Agent in 2023

    James Wachob

    Foundation Property Management

    (901) 633-1484

    16 in this area

    622 Total Sales

    James Wachob
    Section Image
  • Curtis Bleeker

    Seller's Agent in 2020

    Curtis Bleeker

    KAIZEN Realty, LLC

    (901) 221-4041

    3 in this area

    43 Total Sales

    Curtis Bleeker
    Section Image

  • A

    Buyer's Agent in 2020

    Adam Tullos

    McWaters & Associates

    Section Image
  • Jerry T Davidson

    Seller's Agent in 2019

    Jerry T Davidson

    Memphis One Inc

    (901) 301-8159

    34 Total Sales

    Jerry T Davidson
    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Nina Davidson

    Memphis One Inc

    (901) 382-1180

    34 Total Sales

    Nina Davidson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139192

Memphis Area Association of REALTORS®

APN: 04-4006-0-0019

Tennessee Shelby County Memphis 38112 Binghampton

3122 Johnson Ave, Memphis, TN

This home is located at 3122 Johnson Ave, Memphis, TN 38112 since 16 December 2022 and is currently estimated at $93,669, approximately $66 per square foot. This property was built in 1951. 3122 Johnson Ave is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Douglass High School.

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.

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