NOT LISTED FOR SALE

3129 Monterrey Square Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $108,000 - $163,000

5 Beds
5 Baths
2,788 Sq Ft
$48/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2019

Last sale price $67,000 $24 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $822 / mo

About This Home

As of March 2019

GREAT CASH FLOWING INVESTMENT OPPORTUNITY! Both sides are currently occupied at time of listing. Please send all offers to caleb@renshawpropertymanagement.com. Interior inspections upon accepted offer only. DO NOT DISTURB TENANTS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Monterrey Sq Subdivision

Listing and Financial Details

  • Total Actual Rent $1,225
  • Tax Lot 12
  • Assessor Parcel Number 045088 00067

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1973
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 5
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 25.23/102 X 118.7+30/110.95
  • Lot Size Units: Acres
  • Parcel #: 045088 00067
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Total Actual Rent: 1225

Tax Info

  • Tax Annual Amount: 1760
  • Tax Lot: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 17, 2019
Sold by
Bought by
List Price
$65,000
Sold Price
$67,000
Premium/Discount to List
$2,000
3.08%
Current Estimated Value
$132,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,436
Avg. Annual Appreciation
9.84%
Interest Rate
4.12%

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 10, 2019
Sold by
Bought by
List Price
$65,000
Sold Price
$67,000
Premium/Discount to List
$2,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.12%

Purchase Details

Listed on
Aug 19, 2014
Closed on
Mar 4, 2015
Sold by
Bought by
Seller's Agent
Mike Ward
Crye-Leike, Inc., REALTORS
Buyer's Agent
Fredrick Cunningham
Keller Williams
List Price
$62,000
Sold Price
$43,900
Premium/Discount to List
-$18,100
-29.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$67,000 --
$54,000 Saddle Creek Title Llc
$43,900 Saddle Creek Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Open $50,250
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2019 03/22/19 Sold $67,000 +3.1% $24 / Sq Ft
03/13/2019 03/13/19 For Sale $65,000 +48.1% $23 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
03/04/2015 03/04/15 Sold $43,900 -29.2% $16 / Sq Ft View Prior Sale
02/09/2015 02/09/15 Pending -- -- --
08/19/2014 08/19/14 For Sale $62,000 -- $22 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,293 $48,080 $3,920 $44,160
2024 $961 $28,360 $1,920 $26,440
2023 $1,728 $28,360 $1,920 $26,440
2022 $1,728 $28,360 $1,920 $26,440
2021 $1,748 $28,360 $1,920 $26,440
2020 $2,333 $32,200 $1,920 $30,280
2019 $1,029 $32,200 $1,920 $30,280
2018 $1,029 $32,200 $1,920 $30,280
2017 $1,053 $32,200 $1,920 $30,280
2016 $1,584 $36,240 $0 $0
2014 $990 $22,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Ward

    Seller's Agent in 2015

    Mike Ward

    Crye-Leike

    (901) 277-3869

    2 in this area

    104 Total Sales

    Mike Ward
    Section Image
  • Fredrick Cunningham

    Buyer's Agent in 2015

    Fredrick Cunningham

    Keller Williams

    (901) 690-4667

    4 in this area

    61 Total Sales

    Fredrick Cunningham
    Section Image
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Map

Source: Realtracs

MLS Number: 3154215

Realtracs

APN: 04-5088-0-0067

Tennessee Shelby County Memphis 38111 Orange Mound

3129 Monterrey Square, Memphis, TN

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.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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