NOT LISTED FOR SALE

3240 Forest Glen St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $137,000 - $150,986

3 Beds
2 Baths
2,240 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $25,000 $11 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $872/month

About This Home

As of March 2018

Nice 3 Bedroom/2 Bath Home. Available for immediate move-in

Last Agent to Rent the Property

Marlene McGhee

Eagle Lane Realty, LLC License #295883 Listed on: 02/21/2018

Last Renter's Agent

Marlene McGhee

Eagle Lane Realty, LLC License #295883 Listed on: 02/21/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 8,712 Sq Ft Lot

Interior Spaces

  • 2,240 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073041 F00005

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: KNIGHTWOODS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 2240
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Lot Info

  • Lot Number: 537
  • Acreage: 0.2
  • Lot Size: .20

Tax Info

  • Assessor Parcel Number: 073041 F00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2016
Sold by
Elite 1 Investment Group Llc
Bought by
Paradise Properties Pllc
Current Estimated Value
$145,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$18,300
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$127,447

Purchase Details

Listed on
Aug 4, 2015
Closed on
Dec 11, 2015
Sold by
Okhiria Peter
Bought by
Elite 1 Investment Group
Seller's Agent
Jim Pickens
Lawrence Johnson, REALTORS
Buyer's Agent
Marlene McGhee
Eagle Lane Realty, LLC
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%

Purchase Details

Listed on
Aug 4, 2015
Closed on
Dec 9, 2015
Sold by
Ackorage Llc
Bought by
Okhiria Peter
Seller's Agent
Jim Pickens
Lawrence Johnson, REALTORS
Buyer's Agent
Marlene McGhee
Eagle Lane Realty, LLC
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Purchase Details

Closed on
Jun 1, 2013
Sold by
Ornelas Fernando
Bought by
Ackorage Llc

Purchase Details

Closed on
Aug 6, 2012
Sold by
Talley Paul and Talley Yvette
Bought by
Ornelas Fernando

Purchase Details

Closed on
Apr 27, 2010
Sold by
Fannie Mae
Bought by
Talley Paul and Talley Yvette

Purchase Details

Closed on
Jan 6, 2010
Sold by
Chun Axton B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 2006
Sold by
Chun Axton
Bought by
C2q Llc

Purchase Details

Closed on
Feb 9, 2006
Sold by
H & H Investments
Bought by
Chun Axton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
7.45%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Paradise Properties Pllc $50,000 Preferred Title & Escrow Llc
Elite 1 Investment Group -- Preferred Title & Escrow Llc
Okhiria Peter $25,000 Preferred Title
Ackorage Llc $69,600 None Available
Ornelas Fernando $14,400 Westenn Title & Escrow Servi
Talley Paul $15,000 Westenn Title
Federal National Mortgage Association $76,460 None Available
C2q Llc -- Real Estate Loan Svcs Tn Inc
Chun Axton $79,500 West Tn Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise Properties Pllc $40,000
Previous Owner Chun Axton $71,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2018 03/26/18 Rented $695 0.0% --
03/26/2018 03/26/18 Under Contract -- -- --
02/21/2018 02/21/18 For Rent $695 0.0% --
12/15/2015 12/15/15 Sold $25,000 -37.3% $11 / Sq Ft View Prior Sale
11/25/2015 11/25/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $39,900 -- $18 / 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 -- $55,560 $5,200 $50,360
2024 $1,306 $38,520 $3,800 $34,720
2023 $2,347 $38,520 $3,800 $34,720
2022 $2,347 $38,520 $3,800 $34,720
2021 $2,374 $38,520 $3,800 $34,720
2020 $1,783 $24,600 $3,800 $20,800
2019 $1,783 $24,600 $3,800 $20,800
2018 $1,783 $24,600 $3,800 $20,800
2017 $1,011 $24,600 $3,800 $20,800
2016 $1,217 $27,840 $0 $0
2014 $1,217 $27,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2018

    Marlene McGhee

    Eagle Lane Realty, LLC

  • J

    Seller's Agent in 2015

    Jim Pickens

    Lawrence Johnson, REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10020811

Memphis Area Association of REALTORS®

APN: 07-3041-F0-0005

Tennessee Shelby County Memphis 38118 Parkway Village

3240 Forest Glen St, Memphis, TN

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