NOT LISTED FOR SALE

Estimated Value: $130,000 - $145,658

2 Beds
2 Baths
1,018 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $71,250 $70 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $820/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2020

Great investment property! Professionally managed. Both sides rented for $600 each. Part of 4 duplex package. Properties must be sold together. Owner will not divide. Other addresses 3185 Ashwood, 3385 Barbwood, 3990 Ashview. Total package $320,000. Total rent $3515. email agent for details

Last Agent to Sell the Property

Alexander Hugo

Reedy & Company, REALTORS License #340563 Listed on: 12/03/2019

Co-Listed By

Danielle Holland

Reedy & Company, REALTORS License #331914

Last Buyer's Agent

Alexander Hugo

Reedy & Company, REALTORS License #340563 Listed on: 12/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 134x140
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,018 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 073041 F00046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,157

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3238
  • MAAR Subdivision Name: KNIGHTWOODS
  • Freestanding: Yes
  • List Price Per Sq Ft: 83
  • Number Of Stories: 1
  • Estimated Sq Ft: 1018
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 578
  • Acreage: 0.22
  • Lot Size: 134x140

Rental Info

  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 073041 F00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Memphis Investment Properties Llc
Bought by
Orr Daniel L
Current Estimated Value
$138,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,425
Outstanding Balance
$23,794
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$114,621

Purchase Details

Closed on
Aug 27, 2008
Sold by
Reddoch Management Llc
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Adams John W
Bought by
Reddoch Management Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Orr Daniel L $69,900 None Available
Memphis Investment Properties Llc -- Tam Title & Escrow Llc
Reddoch Management Llc $13,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orr Daniel L $52,425
Previous Owner Memphis Investment Properties Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $71,250 -16.2% $70 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $85,000 -- $83 / 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 $1,157 $49,240 $5,200 $44,040
2024 $1,157 $34,120 $3,800 $30,320
2023 $2,078 $34,120 $3,800 $30,320
2022 $2,078 $34,120 $3,800 $30,320
2021 $1,177 $34,120 $3,800 $30,320
2020 $1,591 $21,960 $3,800 $18,160
2019 $702 $21,960 $3,800 $18,160
2018 $702 $21,960 $3,800 $18,160
2017 $718 $21,960 $3,800 $18,160
2016 $961 $22,000 $0 $0
2014 $961 $22,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067039

Memphis Area Association of REALTORS®

APN: 07-3041-F0-0046