NOT LISTED FOR SALE

3151 Craig St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $129,000 - $161,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $92,900 $66 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $849/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Fence
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2018

Great investment opportunity! This CASHFLOW property is UNDER RENOVATION and being brought to 2018 standards! Target rent = $925 and professional property management is in place! This brick home features Hardwood floors, updated kitchen and bathrooms, NEW HVAC, and much more! GREAT Return on Investment!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 12/18/2017

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 12/18/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,319 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Parkway Village Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074046 00015

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 772D
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK D
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 70.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1319
  • Year Built: 1961
  • 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: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 638
  • Acreage: 0.19
  • Lot Size: 66X115 / 0.19
  • Price Per Acre: 488947

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074046 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Makmann Sandra Ruth
Bought by
Q2 Properties Llc
Current Estimated Value
$148,902

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 13, 2018
Sold by
Jbj Properties Llc
Bought by
Makmann Sandra Ruth
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$89,900
Sold Price
$92,900
Premium/Discount to List
$3,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$74,320
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Nov 30, 2017
Sold by
Smith Jeffrey A and Cifuentes Ivan R
Bought by
Jbj Properties Llc
Seller's Agent
Jeffrey Smith
JASCO Realty
Buyer's Agent
Jeffrey Smith
JASCO Realty
List Price
$55,000
Sold Price
$54,350
Premium/Discount to List
-$650
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
578.40%
Original Mortgage
$80,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 15, 2017
Closed on
Oct 6, 2017
Sold by
Williams Vanessa
Bought by
Cifunentes Van R and Smith Jeffrey A
Seller's Agent
Jeffrey Smith
JASCO Realty
Buyer's Agent
Jeffrey Smith
JASCO Realty
List Price
$55,000
Sold Price
$54,350
Premium/Discount to List
-$650
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2017
Sold by
Williams Vanessa and Taylor Aleta
Bought by
Williams Vanessa

Purchase Details

Closed on
Dec 13, 2000
Sold by
Sheppard Ronald and Sheppard Brian K
Bought by
Williams Vanessa and Taylor Aleta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,050
Interest Rate
7.53%
Mortgage Type
Balloon
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
Q2 Properties Llc $101,000 None Available
Makmann Sandra Ruth $92,500 Delta Title Services Llc
Jbj Properties Llc $54,350 Closetrak Closing & Title Sv
Cifunentes Van R $49,500 Regency Title & Escow Llc
Williams Vanessa -- Regency Title And Escrow Llc
Williams Vanessa $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makmann Sandra Ruth $74,320
Previous Owner Jbj Properties Llc $80,000
Previous Owner Williams Vanessa $67,050
Closed Williams Vanessa $3,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2018 03/14/18 Sold $92,900 +3.3% $77 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $89,900 +65.4% $75 / Sq Ft
11/30/2017 11/30/17 Sold $54,350 -1.2% $45 / Sq Ft View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $55,000 +11.1% $46 / Sq Ft
10/06/2017 10/06/17 Sold $49,500 -29.3% $35 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $70,000 -- $50 / 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 -- $37,275 $4,200 $33,075
2024 $813 $23,975 $3,000 $20,975
2023 $1,460 $23,975 $3,000 $20,975
2022 $1,460 $23,975 $3,000 $20,975
2021 $1,736 $23,975 $3,000 $20,975
2020 $1,154 $15,925 $3,000 $12,925
2019 $509 $15,925 $3,000 $12,925
2018 $509 $15,925 $3,000 $12,925
2017 $521 $15,925 $3,000 $12,925
2016 $643 $14,725 $0 $0
2014 $643 $14,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    41 in this area

    639 Total Sales

    James Wachob
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sean Tagge

    Reedy & Company, REALTORS

    Section Image
  • Frances Anderson

    Seller's Agent in 2017

    Frances Anderson

    Crye-Leike

    (901) 260-5844

    3 in this area

    149 Total Sales

    Frances Anderson
    Section Image
  • Jeffrey Smith

    Seller's Agent in 2017

    Jeffrey Smith

    JASCO Realty

    (901) 239-5772

    21 Total Sales

    Jeffrey Smith
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10017294

Memphis Area Association of REALTORS®

APN: 07-4046-0-0015

Tennessee Shelby County Memphis 38118 Parkway Village

3151 Craig St, Memphis, TN

This home is located at 3151 Craig St, Memphis, TN 38118 since 18 December 2017 and is currently estimated at $148,902, approximately $106 per square foot. This property was built in 1961. 3151 Craig St is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep 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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