NOT LISTED FOR SALE

3221 Forest Brook Dr Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $131,000 - $148,000

4 Beds
4 Baths
2,185 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $80,000 $37 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $813/month

209 Days on Market

Highlights

  • Updated Kitchen
  • Great Room
  • Brick Veneer
  • Traditional Architecture
  • Porch
  • Tile Flooring

About This Home

As of April 2020

Two dwellings for the price of one! Duplex for sale in Knightwoods subdivision. Mostly brick exterior. Needs total rehab but could be a great investment. Each home has 2 full bathrooms including a master bedroom. Cash offers only. Home is being sold as-is. Each side has its own driveway so plenty of parking. Home needs repairs!

Last Agent to Sell the Property

Stephanie Lewis

Purple Reign Realty License #266211 Listed on: 09/20/2019

Last Buyer's Agent

Heath Gooch

STIXNBRIX License #273330

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x130
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 2,185 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Great Room
  • Dining Area

Kitchen

  • Updated Kitchen
  • Cooktop
  • Dishwasher

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, lawn maintenance
  • Assessor Parcel Number 073041 F00041

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: KNIGHTWOODS
  • Freestanding: Yes
  • List Price Per Sq Ft: 41
  • Number Of Stories: 1
  • Estimated Sq Ft: 2185
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Appliances Equipment: Cooktop/Wall Oven, Dishwasher
  • Miscellaneous Interior: All Window Treatments, Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 573
  • Acreage: 0.19
  • Lot Size: 65X130

Rental Info

  • Tenants Pay: All Utilities, Trash Collection, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 073041 F00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Apr 30, 2020
Sold by
Memkphis Realty Pro Ninvestments Llc
Bought by
Djjs Investments Llc
Seller's Agent
Stephanie Lewis
Purple Reign Realty
Buyer's Agent
Heath Gooch
STIXNBRIX
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Current Estimated Value
$138,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,667
Avg. Annual Appreciation
9.84%
Original Mortgage
$365,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2019
Sold by
Hagelberg Frank
Bought by
Realty Pro Investment Llc

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jul 17, 2018
Sold by
Fulmore Foundation Inc
Bought by
Hagellberg Frank
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.64%

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jun 21, 2018
Sold by
Citimortgage Inc
Bought by
Fulmore Foundation Inc
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%

Purchase Details

Closed on
Sep 28, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 16, 2009
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 8, 2009
Sold by
Hamilton Kesha W
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 19, 2002
Sold by
Warmbrod Donald F and Warmbrod Diane R
Bought by
Hamilton Kesha W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,073
Interest Rate
6.62%
Mortgage Type
FHA
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
Djjs Investments Llc $320,000 Memphis Title Co
Realty Pro Investment Llc $38,000 None Available
Hagellberg Frank $18,000 Memphis Title Co
Fulmore Foundation Inc $22,520 Servicelink Llc
Citimortgage Inc -- None Available
The Secretary Of Housing & Urban Develop $59,073 None Available
Citimortgage Inc $59,073 None Available
Hamilton Kesha W $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Djjs Investments Llc $365,000
Previous Owner Hamilton Kesha W $59,073
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $20,000 -75.0% --
04/30/2020 04/30/20 Sold $80,000 -11.1% $37 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
09/20/2019 09/20/19 For Sale $90,000 +400.0% $41 / Sq Ft
07/18/2018 07/18/18 Sold $18,000 0.0% -- View Prior Sale
07/18/2018 07/18/18 Sold $18,000 -10.0% $8 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
07/07/2018 07/07/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $20,000 -- $9 / 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 $1,191 $50,640 $5,200 $45,440
2024 $1,191 $35,120 $3,800 $31,320
2023 $2,139 $35,120 $3,800 $31,320
2022 $2,139 $35,120 $3,800 $31,320
2021 $2,543 $35,120 $3,800 $31,320
2020 $1,632 $22,520 $3,800 $18,720
2019 $720 $22,520 $3,800 $18,720
2018 $720 $22,520 $3,800 $18,720
2017 $737 $22,520 $3,800 $18,720
2016 $1,110 $25,400 $0 $0
2014 $1,110 $25,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Lewis

    Seller's Agent in 2020

    Stephanie Lewis

    Purple Reign Realty

    (901) 574-2148

    1 in this area

    62 Total Sales

    Stephanie Lewis
    Section Image
  • Heath Gooch

    Buyer's Agent in 2020

    Heath Gooch

    STIXNBRIX

    (901) 745-7500

    38 Total Sales

    Heath Gooch
    Section Image
  • Tyler Tapley

    Seller's Agent in 2018

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    72 in this area

    1,157 Total Sales

    Tyler Tapley
    Section Image

  • C

    Buyer's Agent in 2018

    Carol Scott

    Tiger Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10062433

Memphis Area Association of REALTORS®

APN: 07-3041-F0-0041

Tennessee Shelby County Memphis 38118 Parkway Village

3221 Forest Brook Dr, Memphis, TN

Not Listed for Sale

MultiFamily

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