NOT LISTED FOR SALE

3229 Carnes Ave Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $203,000 - $251,000

2 Beds
1 Bath
2,447 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $204,450 $84 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,317/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Patio
  • Wood Flooring
  • Brick Veneer
  • Central Heating and Cooling System

About This Home

As of August 2021

Fully renovated large duplex near the University of Memphis. The downstairs front unit is a 2 bedroom 1 bath with laundry connections. The back unit is a 3/2 with 2 bedrooms and 1 bath upstairs and 1 bedroom, 1 bath downstairs. This back unit has with 2 points of entry, thus could be converted into a triplex. Both units have central heat and air and new roof! Plenty of parking in the back. There is a Sentrilock Box on the front door!

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 07/09/2021

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,447 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Wood Flooring
  • Dishwasher
  • Washer and Dryer Hookup

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Messick School Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045086 00015

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: MESSICK SCHOOL PLACE
  • Freestanding: Yes
  • List Price Per Sq Ft: 82
  • Number Of Stories: 2
  • Estimated Sq Ft: 2447
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood
  • Appliances Equipment: Dishwasher

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.18
  • Lot Size: .181

Tax Info

  • Assessor Parcel Number: 045086 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 25, 2021
Sold by
Memphis Turnkey Properties Gp
Bought by
Cariaga Abigail Cordero
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$199,500
Sold Price
$204,450
Premium/Discount to List
$4,950
2.48%
Current Estimated Value
$233,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,564
Avg. Annual Appreciation
2.90%
Original Mortgage
$153,459
Outstanding Balance
$139,428
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$93,586

Purchase Details

Closed on
Dec 29, 2020
Sold by
Peterson Mark and Peterson Ellen
Bought by
Memphis Turnkey Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2019
Sold by
Malvezzi Property Investments Llc
Bought by
Peterson Mark and Peterson Ellen

Purchase Details

Closed on
Sep 19, 2007
Sold by
Malvezzi Frank
Bought by
Malvezzi Property Investments Llc

Purchase Details

Closed on
Jun 16, 2003
Sold by
Petrusek Martin J and Petrusek Deborah C
Bought by
Malvezzi Frank
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
Cariaga Abigail Cordero $204,545 Home Surety T&E Llc
Memphis Turnkey Properties Gp $60,000 Home Surety T&E Llc
Peterson Mark -- None Available
Malvezzi Property Investments Llc $155,592 None Available
Malvezzi Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cariaga Abigail Cordero $153,459
Previous Owner Memphis Turnkey Properties Gp $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $204,450 +2.5% $84 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $199,500 -- $82 / 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 $1,088 $96,600 $2,520 $94,080
2024 $1,088 $32,080 $1,040 $31,040
2023 $1,954 $32,080 $1,040 $31,040
2022 $1,954 $32,080 $1,040 $31,040
2021 $647 $5,040 $1,040 $4,000
2020 $1,838 $25,360 $3,600 $21,760
2019 $811 $25,360 $3,600 $21,760
2018 $811 $25,360 $3,600 $21,760
2017 $830 $25,360 $3,600 $21,760
2016 $1,103 $25,240 $0 $0
2014 $1,103 $25,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2021

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    22 in this area

    326 Total Sales

    Andrew Akins
    Section Image
  • Dean Harris

    Buyer's Agent in 2021

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    32 in this area

    1,391 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103680

Memphis Area Association of REALTORS®

APN: 04-5086-0-0015

Tennessee Shelby County Memphis 38111 Orange Mound

3229 Carnes Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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