NOT LISTED FOR SALE

3173 Jackson Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $118,216 - $158,000

2 Beds
1 Bath
1,389 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $5,000 $4 Per Sq Ft

Est. 2,616% increase in value since last sale

Current estimated payment $725/month

94 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property
  • Separate Formal Living Room

About This Home

As of March 2015

Sold as is. Great start to learn about investing.

Last Agent to Sell the Property

Jermaine Franklin

The Peyton Co., Inc., REALTORS License #327133 Listed on: 11/25/2014

Last Buyer's Agent

Vinh Le

BEST Real Estate Company License #310009

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60x175
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Community Details

  • Jackson Terrace 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038025 00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: JACKSON TERRACE 2ND ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 6
  • Number Of Stories: 1
  • Estimated Sq Ft: 1389
  • Year Built: 1941
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 55
  • Acreage: 0.24
  • Lot Size: 60X175

Tax Info

  • Assessor Parcel Number: 038025 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Pegasus Real Estate Services Llc
Bought by
Synland Homes Llc
Current Estimated Value
$135,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Outstanding Balance
$71,611
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$64,193

Purchase Details

Closed on
Aug 7, 2020
Sold by
Macias Victor
Bought by
Pegasus Real Estate Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Outstanding Balance
$71,611
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$64,193

Purchase Details

Listed on
Nov 25, 2014
Closed on
Mar 30, 2015
Sold by
Clyton Bank And Trust
Bought by
Macias Victor
Seller's Agent
Jermaine Franklin
The Peyton Co., Inc., REALTORS
Buyer's Agent
Vinh Le
BEST Real Estate Company
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.38%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Muhammad Edward
Bought by
Clayton Bank And Trust

Purchase Details

Closed on
Dec 17, 2007
Sold by
Hopson Willie and Hopson Cecilla D
Bought by
Muhammad Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2001
Sold by
Zager Rhona D and Dermon John Alan
Bought by
Hopson Willie and Hopson Cecilia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.99%
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

Date Buyer Sale Price Title Company
Synland Homes Llc $105,500 Saddle Creek Title Llc
Pegasus Real Estate Services Llc -- Saddle Creek Title Llc
Macias Victor $15,000 Alliance Title & Escrow Llc
Clayton Bank And Trust $13,000 None Available
Muhammad Edward $43,000 Fayette County Title Company
Hopson Willie $16,500 Fayette County Title Company
Hopson Willie $16,500 Fayette County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Synland Homes Llc $81,250
Previous Owner Muhammad Edward $75,000
Previous Owner Hopson Willie $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $5,000 -50.0% $4 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $10,000 -- $7 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $297 $37,800 $2,880 $34,920
2024 $297 $8,760 $1,440 $7,320
2023 $534 $8,760 $1,440 $7,320
2022 $534 $8,760 $1,440 $7,320
2021 $634 $8,760 $1,440 $7,320
2020 $603 $8,320 $1,440 $6,880
2019 $266 $8,320 $1,440 $6,880
2018 $266 $8,320 $1,440 $6,880
2017 $272 $8,320 $1,440 $6,880
2016 $437 $10,000 $0 $0
2014 $437 $18,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jermaine Franklin

    The Peyton Co., Inc., REALTORS

  • Vinh Le

    Buyer's Agent in 2015

    Vinh Le

    BEST Real Estate Company

    (901) 230-6636

    39 Total Sales

    Vinh Le
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9940768

Memphis Area Association of REALTORS®

APN: 03-8025-0-0007

Tennessee Shelby County Memphis 38112 Binghampton

3173 Jackson Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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