NOT LISTED FOR SALE

3163 Jackson Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $80,118 - $180,000

2 Beds
1 Bath
1,389 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $13,600 $10 Per Sq Ft

Est. 770% increase in value since last sale

Current estimated payment $671/month

215 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2013

MAKE US AN OFFER- Super deal-Great income property-100% occupied with 2 year lease. Agent is related to seller-seller must meet for all showings. New electrical, sewer and water. DO NOT DISTURB TENANTS. Call agent to make appt.

Last Agent to Sell the Property

Leslie O'Leary

McWaters & Associates License #296220 Listed on: 10/05/2012

Last Buyer's Agent

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 60x175
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Jackson Terrace 2Nd Addn Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 038025 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: SCOTT STREET
  • MLS Map #: 751A
  • MAAR Subdivision Name: JACKSON TERRACE 2ND ADD
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 9.79
  • Estimated Sq Ft: 1389
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Exterior Windows: Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 53
  • Lot Size: 60X175

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 038025 00005

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
May 21, 2013
Sold by
Oleary Sean and Oleary Ann
Bought by
Marshall Scott
Seller's Agent
Leslie O'Leary
McWaters & Associates
Buyer's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
List Price
$24,500
Sold Price
$13,600
Premium/Discount to List
-$10,900
-44.49%
Current Estimated Value
$118,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,680
Avg. Annual Appreciation
19.71%

Purchase Details

Closed on
Mar 2, 2011
Sold by
Dermon John Alan and Dermon Linder
Bought by
Oleary Sean and Oleary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.76%
Mortgage Type
Seller Take Back
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
Marshall Scott $13,600 None Available
Oleary Sean $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oleary Sean $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Sold $13,600 -44.5% $10 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $24,500 -- $18 / 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 $336 $12,840 $2,880 $9,960
2024 $336 $9,920 $1,440 $8,480
2023 $604 $9,920 $1,440 $8,480
2022 $604 $9,920 $1,440 $8,480
2021 $611 $9,920 $1,440 $8,480
2020 $890 $12,280 $1,440 $10,840
2019 $890 $12,280 $1,440 $10,840
2018 $890 $12,280 $1,440 $10,840
2017 $505 $12,280 $1,440 $10,840
2016 $697 $15,960 $0 $0
2014 $697 $15,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie O'Leary

    Seller's Agent in 2013

    Leslie O'Leary

    McWaters & Associates

    (901) 240-8368

    31 Total Sales

    Leslie O'Leary
    Section Image

  • J

    Buyer's Agent in 2013

    Jerry Modesto

    Crye-Leike, Inc., REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3257509

Memphis Area Association of REALTORS®

APN: 03-8025-0-0005

Tennessee Shelby County Memphis 38112 Binghampton

3163 Jackson Ave, Memphis, TN

This home is located at 3163 Jackson Ave, Memphis, TN 38112 since 05 October 2012 and is currently estimated at $118,280, approximately $85 per square foot. This property was built in 1941. 3163 Jackson Ave is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

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