NOT LISTED FOR SALE

3224 Nathan Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $86,000 - $147,000

2 Beds
1 Bath
1,598 Sq Ft
$69/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $80,458 $50 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $623/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of May 2024

Sold only as group of 6 duplexes for $510,000.00. Will not split up. As is-All cash. Low below market rents. Long term tenants. All duplexes owned by same family since construction. See docs and use our TAR forms. Do not disturb tenants. Contract contingent upon viewing after fully accepted offer. Seller's atty to hold EM. No blind offers, now wholesaler or assignment of contract offers will be accepted. This duplex is 100% occupied. Tenants furnish air and appliances.

Last Agent to Sell the Property

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 04/03/2024

Last Buyer's Agent

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 04/03/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Eat-In Kitchen

Utilities

  • Heating System Uses Gas

Community Details

  • Eastern Hgts Blk I Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 044029 00020

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3226
  • MAAR Subdivision Name: EASTERN HEIGHTS BLK I
  • Number Of Stories: 1
  • Estimated Sq Ft: 1598
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances Equipment: Smoke Detector(s)
  • Estimated Entire Duplex Sq Ft: 1400-1599
  • Miscellaneous Interior: Unknown

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Gas

Lot Info

  • Lot Number: 23 - 24
  • Acreage: 0.17
  • Lot Size: 50X150

Rental Info

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

Tax Info

  • Assessor Parcel Number: 044029 00020

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Ck Rose Investments Llc
Bought by
Cardigan Investment Llc
Current Estimated Value
$110,389

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 10, 2024
Sold by
Donna K Hanover Living Trust and Karen K Wener Family Trust
Bought by
Ck Rose Investments Llc
Seller's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
Buyer's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
List Price
$85,000
Sold Price
$80,458
Premium/Discount to List
-$4,542
-5.34%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
Original Mortgage
$602,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2021
Sold by
Hanover Donna K
Bought by
Hanover Jeffrey P and Donna K Hanover Living Trust

Purchase Details

Closed on
Feb 19, 2016
Sold by
Latendresse Gina
Bought by
Latendresse Gina and Karen K Wener Family Trust

Purchase Details

Closed on
Jun 11, 2009
Sold by
Wener Karen K
Bought by
Wener Karen K and Karen K Wener Revocable Trust
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
Cardigan Investment Llc -- None Listed On Document
Ck Rose Investments Llc $482,750 Nexus Title & Escrow
Hanover Jeffrey P -- None Available
Latendresse Gina -- Attorney
Wener Karen K -- None Available
Wener Karen K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ck Rose Investments Llc $602,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $80,458 -5.3% $50 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $85,000 -- $53 / 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 $610 $23,440 $4,400 $19,040
2024 $610 $18,000 $2,400 $15,600
2023 $610 $18,000 $2,400 $15,600
2022 $1,097 $18,000 $2,400 $15,600
2021 $621 $18,000 $2,400 $15,600
2020 $1,133 $15,640 $2,400 $13,240
2019 $500 $15,640 $2,400 $13,240
2018 $500 $15,640 $2,400 $13,240
2017 $512 $15,640 $2,400 $13,240
2016 $638 $14,600 $0 $0
2014 $638 $14,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JILL BERRY

    J.D. Marks, Inc., REALTORS

    (901) 335-9083

    7 in this area

    25 Total Sales

    JILL BERRY
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169341

Memphis Area Association of REALTORS®

APN: 04-4029-0-0020

Tennessee Shelby County Memphis 38112 Binghampton

3224 Nathan Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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