NOT LISTED FOR SALE

3187 Melbourne St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $82,000 - $102,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $68,000 $57 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $536/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Combination Dining and Living Room
  • Wood Flooring
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of January 2022

3 bed, 1 bath home offers over 1150 square feet of living space on a 0.21 acre lot and is being sold as in its current condition. This would be great for an investor or a handy owner occupant.

Last Agent to Sell the Property

Chris Mosby

ResiAmerica, Inc. License #282881 Listed on: 12/28/2021

Last Buyer's Agent

Ashley Edwards

Keller Williams License #342812

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $464

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 88x106
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,160 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Oak Grove Park Re S/D Of Pt Graham He Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072069 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$464

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727B
  • MAAR Subdivision Name: OAK GROVE PARK
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Price Per Sq Ft: 58.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1160
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio
  • 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: Level
  • Lot Number: 121
  • Acreage: 0.21
  • Lot Size: 88X106
  • Price Per Acre: 332857

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072069 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Jan 24, 2022
Sold by
Belgravia Square Llc
Bought by
Cason Tcion and Cason Tawanda
Seller's Agent
Chris Mosby
ResiAmerica, Inc.
Buyer's Agent
Ashley Edwards
Keller Williams
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%
Current Estimated Value
$91,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,110
Avg. Annual Appreciation
6.48%
Original Mortgage
$54,400
Outstanding Balance
$43,418
Interest Rate
2.43%
Mortgage Type
New Conventional
Estimated Equity
$41,721

Purchase Details

Closed on
Oct 24, 2018
Sold by
Melbourne Burke Llc
Bought by
Property Factor Aus Llc

Purchase Details

Closed on
Jan 15, 2016
Sold by
Guenther Hans and Miller Ewell
Bought by
Malbourne Burke Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,780
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Parker Christy C
Bought by
Guenther Hans and Miller Ewell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,320
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 15, 1998
Sold by
Long Melissa L
Bought by
Parker Christy C
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
Cason Tcion $68,000 Preferred Title & Escrow
Property Factor Aus Llc -- None Available
Malbourne Burke Llc $61,300 Attorney
Guenther Hans $30,001 None Available
Parker Christy C $51,095 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cason Tcion $54,400
Previous Owner Malbourne Burke Llc $36,780
Previous Owner Guenther Hans J $60,320
Previous Owner Parker Christy C $54,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $68,000 -2.7% $68 / Sq Ft
12/28/2021 12/28/21 For Sale $69,900 -- $70 / 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 $464 $25,425 $2,175 $23,250
2024 $464 $13,700 $1,775 $11,925
2023 $835 $13,700 $1,775 $11,925
2022 $835 $13,700 $1,775 $11,925
2021 $473 $13,700 $1,775 $11,925
2020 $817 $11,275 $1,775 $9,500
2019 $360 $11,275 $1,775 $9,500
2018 $360 $11,275 $1,775 $9,500
2017 $369 $11,275 $1,775 $9,500
2016 $469 $10,725 $0 $0
2014 $469 $10,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Mosby

    Seller's Agent in 2022

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    27 in this area

    387 Total Sales

    Chris Mosby
    Section Image
  • Ashley Edwards

    Buyer's Agent in 2022

    Ashley Edwards

    Keller Williams

    (901) 518-7101

    3 in this area

    107 Total Sales

    Ashley Edwards
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114834

Memphis Area Association of REALTORS®

APN: 07-2069-0-0006

Tennessee Shelby County Memphis 38127 Frayser

3187 Melbourne St, Memphis, TN

This home is located at 3187 Melbourne St, Memphis, TN 38127 since 28 December 2021 and is currently estimated at $91,110, approximately $75 per square foot. This property was built in 1963. 3187 Melbourne St is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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