NOT LISTED FOR SALE

3228 S Mendenhall Rd Unit 3B Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $37,000 - $49,000

1 Bed
1 Bath
100-999 Sq Ft
871 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $7,500 $8 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $231/month

Highlights

  • Pool House
  • Efficiency Studio
  • Central Heating and Cooling System
  • Clubhouse
  • Guest Parking

About This Home

As of February 2016

This is a great opportunity for a savvy investor to own and rehab a condo in a great community under new property management.

Last Agent to Sell the Property

Anthony Mannie

KAIZEN Realty, LLC License #329984 Listed on: 02/09/2016

KAIZEN Realty, LLC

Last Buyer's Agent

Kweilyn Wiseman

Divine Destiny Realty License #327921

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 871

Interior Spaces

  • 100-999 Sq Ft Home
  • 585 Sq Ft Home
  • 1-Story Property
  • Efficiency Studio
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Guest Parking
  • Assigned Parking

Pool

  • Pool House
  • In Ground Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 074073 F00090

Community Details

Overview

  • Property has a Home Owners Association
  • Aldens Gate Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 784A
  • MAAR Subdivision Name: ALDENS GATE
  • Condo: Yes
  • List Price Per Sq Ft: 17
  • Number Of Stories: 1
  • Price Per Sq Ft: 12.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 585
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Eff/Studio
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Equipment: Gas Cooking, Refrigerator
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Pool House
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condominium Association: Yes

Lot Info

  • Lot Number: 3B
  • Acreage: 0.02
  • Lot Size: 680.38/677.24 X 421.84/431.7
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 074073 F00090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2018
Sold by
Chism Rodney
Bought by
Allmond Tiffany and Primetime Investments Trust
Current Estimated Value
$41,333

Purchase Details

Listed on
Feb 9, 2016
Closed on
Feb 12, 2016
Sold by
Yadron Matthew P
Bought by
Chism Rodney
Seller's Agent
Anthony Mannie
KAIZEN Realty, LLC
Buyer's Agent
Kweilyn Wiseman
Divine Destiny Realty
List Price
$10,000
Sold Price
$7,500
Premium/Discount to List
-$2,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Yadron Richard
Bought by
Yadron Matthew P

Purchase Details

Closed on
Oct 29, 2001
Sold by
Hanks John A
Bought by
Hud
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
Allmond Tiffany -- None Available
Chism Rodney $7,500 Currie Title & Escrow
Yadron Matthew P $27,000 Lawyers Title
Hud $29,312 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $7,500 -25.0% $75 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $10,000 -- $100 / 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 -- $14,640 $600 $14,040
2024 $150 $4,425 $375 $4,050
2023 $270 $4,425 $375 $4,050
2022 $270 $4,425 $375 $4,050
2021 $273 $4,425 $375 $4,050
2020 $246 $3,400 $375 $3,025
2019 $246 $3,400 $375 $3,025
2018 $246 $3,400 $375 $3,025
2017 $140 $3,400 $375 $3,025
2016 $197 $4,500 $0 $0
2014 $197 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9970114

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0090