NOT LISTED FOR SALE

3197 S Edgeware Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $105,000 - $147,000

3 Beds
1 Bath
1,065 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $41,500 $39 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $761/month

433 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Patio
  • Wood Flooring
  • Porch
  • Central Heating and Cooling System

About This Home

As of May 2020

Three bedroom one bathroom home in 38118 area with hardwood floors, dining area, den, and large backyard. Home being sold as-is but it is in pretty good shape. Cash offers only. Could make a great primary residence or investment property. Seller can close quickly. Normal sale.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/26/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/26/2019

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1956

Lot Details

  • 0.3 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Kensington Gardens Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060216 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 771B
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK A
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 38.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1065
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

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: 57
  • Acreage: 0.3
  • Lot Size: 0.3
  • Price Per Acre: 173333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060216 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Gp Memphis Cashflow
Bought by
Valentine Otis B and Valentine Jasmine
Current Estimated Value
$126,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,715
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 26, 2019
Closed on
Apr 28, 2020
Sold by
Crowe International Llc
Bought by
Gp Memphis Cash Flow
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$52,000
Sold Price
$41,500
Premium/Discount to List
-$10,500
-20.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.78%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Guenther Hans and Miller Ewell
Bought by
Crowe International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 21, 2007
Sold by
Fujetta Green
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
$57,920
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2006
Sold by
Wesley Sam
Bought by
Green Fujetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
10.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Wesley Sam

Purchase Details

Closed on
Nov 10, 2005
Sold by
Laflore B J
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Mar 24, 2004
Sold by
Baker Barbara G
Bought by
Laflore B J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Valentine Otis B $98,500 Commercial Title Group Llc
Valentine Otis B $98,500 Local Title
Gp Memphis Cash Flow $41,500 None Available
Crowe International Llc $64,500 Multiple
Guenther Hans $31,917 None Available
Green Fujetta $75,200 None Available
Wesley Sam $47,000 Resource Title Agency Of Tn
Jpmorgan Chase Bank $55,465 --
Laflore B J $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine Otis B $96,033
Closed Valentine Otis B $96,715
Previous Owner Crowe International Llc $38,700
Previous Owner Guenther Hans J $57,920
Previous Owner Green Fujetta $75,200
Previous Owner Laflore B J $51,200
Closed Laflore B J $12,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $41,500 -20.2% $39 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $52,000 0.0% $49 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $52,000 -5.5% $49 / Sq Ft
06/12/2019 06/12/19 Price Changed $55,000 -31.3% $52 / Sq Ft
01/26/2019 01/26/19 For Sale $80,000 -- $75 / 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 $742 $29,075 $3,375 $25,700
2024 -- $21,875 $2,750 $19,125
2023 $1,333 $21,875 $2,750 $19,125
2022 $1,333 $21,875 $2,750 $19,125
2021 $1,584 $21,875 $2,750 $19,125
2020 $1,199 $16,550 $2,750 $13,800
2019 $529 $16,550 $2,750 $13,800
2018 $529 $16,550 $2,750 $13,800
2017 $541 $16,550 $2,750 $13,800
2016 $693 $15,850 $0 $0
2014 $693 $15,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    38 in this area

    1,252 Total Sales

    Tyler Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10044654

Memphis Area Association of REALTORS®

APN: 06-0216-0-0011

Tennessee Shelby County Memphis 38118 Oakhaven

3197 S Edgeware Rd, Memphis, TN

This home is located at 3197 S Edgeware Rd, Memphis, TN 38118 since 26 January 2019 and is currently estimated at $126,251, approximately $118 per square foot. This property was built in 1956. 3197 S Edgeware Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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