NOT LISTED FOR SALE

3125 Mimosa Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $52,000 - $61,980

2 Beds
1 Bath
720 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $55,000 $76 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $340/month

1 Day on Market

Highlights

  • 0.36 Acre Lot
  • Wood Flooring
  • Cul-De-Sac
  • Traditional Architecture
  • No HOA
  • 5-minute walk to Shelby Farms Park Greenline

About This Home

As of April 2024

Great investment potential! Home needs some repairs but was recently rented in it's current condition. Central HVAC, large fenced back yard that backs up to the Shelby Farms Greenline! Two bedrooms and one full bath. Original hardwood floors that could easily be refinished. This one is almost ready for cash flow, take a look today! Being sold as-is.

Last Agent to Sell the Property

Clint Bolton

RE/MAX Realty Group License #B-18917 Listed on: 04/02/2024

RE/MAX Realty Group

Last Buyer's Agent

Jeff Goff

Keller Williams Realty - Getwell License #21952

Keller Williams Realty - Getwell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Free-Standing Gas Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Shed
  • City Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Eastview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-4020-0-0064

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 1950
  • Lot Size Acres: 0.36
  • Subdivision Name: Eastview
  • Directions: From Poplar Ave, go north on N Holmes St, left on Jackson Ave, left on Eastview St, house in the cul-de-sac where Eastview turns into Mimosa Ave.
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Gas Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Linoleum
  • Interior Amenities: See Remarks
  • Fireplace: No
  • ResoLivingAreaSource: Assessor
  • Interior Features:See Remarks11: Yes
  • Appliances:Free-Standing Gas Range: Yes

Exterior Features

  • Disclosures: As Is
  • Exterior Features: See Remarks
  • Fencing: Back Yard
  • Foundation Details: Conventional
  • Lot Features: City Lot, Cul-De-Sac
  • Roof: Architectural Shingles
  • Other Structures: Shed(s)
  • Pool Private: No
  • Construction Type: See Remarks
  • General Property Information:Accessibility Features: No
  • Lot Features:Cul-De-Sac: Yes
  • Driveway Features:Concrete Drive: Yes
  • Lot Features:City Lot: Yes
  • Exterior Features:See Remarks20: Yes

Garage/Parking

  • Parking Features: Driveway, Concrete
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Lot Info

  • Parcel #: 04-4020-0-0064
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 518.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 25, 2024
Sold by
Wells Kim Rachall
Bought by
Hernandez Herber Adilson Dera
Seller's Agent
Clint Bolton
RE/MAX Realty Group
Buyer's Agent
Jeff Goff
Keller Williams Realty - Getwell
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%
Views
37
Current Estimated Value
$58,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,245
Avg. Annual Appreciation
1.10%
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
Hernandez Herber Adilson Dera $55,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Kim Rachall $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $55,000 -11.3% $76 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $62,000 -- $86 / Sq Ft
Source: MLS United

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 $288 $13,625 $2,750 $10,875
2024 $288 $8,500 $1,500 $7,000
2023 $518 $8,500 $1,500 $7,000
2022 $518 $8,500 $1,500 $7,000
2021 $524 $8,500 $1,500 $7,000
2020 $382 $5,275 $1,500 $3,775
2019 $382 $5,275 $1,500 $3,775
2018 $382 $5,275 $1,500 $3,775
2017 $217 $5,275 $1,500 $3,775
2016 $197 $4,500 $0 $0
2014 $197 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clint Bolton

    Seller's Agent in 2024

    Clint Bolton

    RE/MAX

    (662) 934-9376

    1 in this area

    264 Total Sales

    Clint Bolton
    Section Image
  • Jeff Goff

    Buyer's Agent in 2024

    Jeff Goff

    Keller Williams Realty - Getwell

    (901) 461-8830

    1 in this area

    63 Total Sales

    Jeff Goff
    Section Image
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Map

Source: MLS United

MLS Number: 4075244

MLS United

APN: 04-4020-0-0064

Tennessee Shelby County Memphis 38111 Binghampton

3125 Mimosa Ave, Memphis, TN

This home is located at 3125 Mimosa Ave, Memphis, TN 38112 since 02 April 2024 and is currently estimated at $58,245, approximately $80 per square foot. This property was built in 1950. 3125 Mimosa 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.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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