NOT LISTED FOR SALE

3138 Monterrey Square Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $141,000 - $164,000

2 Beds
2 Baths
2,672 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2024

Last sale price $144,900 $54 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $951 / mo

23 Days on Market

About This Home

As of December 2024

Great opportunity to own a professionally managed investment property exceeding the 1% rule! Please do not disturb tenants. Inspections/walkthrough to be performed with an accepted contract.

Last Agent to Sell the Property

Mid- South Rentals

Renshaw Company, REALTORS License #323965 Listed on: 10/18/2024

Last Buyer's Agent

Joshua Cooper

Sowell, Realtors License #331551

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 190x41
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Community Details

  • Monterrey Sq Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045088 00077

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Second Address Number: 3140
  • MAAR Subdivision Name: MONTERREY SQUARE
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 2672
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Carpet
  • Estimated Entire Duplex Sq Ft: 2600-2799

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.15
  • Lot Size: 190X41
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 045088 00077

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
Oct 18, 2024
Closed on
Dec 3, 2024
Sold by
Bought by
Seller's Agent
Mid- South Rentals
Renshaw Company, REALTORS
Buyer's Agent
Joshua Cooper
Sowell, Realtors
List Price
$144,900
Sold Price
$144,900
Views
9
Current Estimated Value
$151,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,825
Avg. Annual Appreciation
3.09%
Original Mortgage
$115,920
Outstanding Balance
$115,007
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$36,718

Purchase Details

Closed on
Mar 11, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2021
Sold by
Bought by

Purchase Details

Closed on
May 15, 2005
Sold by
Bought by
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

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
$144,900 Saddle Creek Title
-- Apperson Crump Plc
$80,000 None Available
-- --
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
Open $115,920
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
12/12/2024 12/12/24 Sold $144,900 0.0% $54 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $144,900 -- $54 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,542 $57,320 $3,920 $53,400
2024 $914 $26,960 $2,040 $24,920
2023 $1,642 $26,960 $2,040 $24,920
2022 $1,642 $26,960 $2,040 $24,920
2021 $731 $26,960 $2,040 $24,920
2020 $2,211 $30,520 $2,040 $28,480
2019 $975 $30,520 $2,040 $28,480
2018 $975 $30,520 $2,040 $28,480
2017 $998 $30,520 $2,040 $28,480
2016 $1,224 $28,000 $0 $0
2014 $1,224 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mid- South Rentals

    Renshaw Company, REALTORS

    (901) 209-1007

    2 in this area

    14 Total Sales

    Mid- South Rentals
    Section Image
  • Joshua Cooper

    Buyer's Agent in 2024

    Joshua Cooper

    Sowell, Realtors

    (901) 871-1204

    12 in this area

    134 Total Sales

    Joshua Cooper
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10183495

Memphis Area Association of REALTORS®

APN: 04-5088-0-0077

Tennessee Shelby County Memphis 38111 Orange Mound

3138 Monterrey Square, Memphis, TN

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