NOT LISTED FOR SALE

3243 Cromwell Ave Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $121,000 - $159,000

4 Beds
1.5 Baths
1,400-1,599 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $80,900 $51 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $839/month

Highlights

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

About This Home

As of December 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 10/02/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 10/02/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,608 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Kensington Gardens Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060218 00002

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 771B
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK C
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1608
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 314
  • Acreage: 0.26
  • Lot Size: .26
  • Price Per Acre: 311154

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 060218 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Sd Capital Ventures Llc
Bought by
Ramirez Marvin Misael Aguil and Vasquez Yolanda Estela
Current Estimated Value
$136,517

Purchase Details

Closed on
Oct 31, 2016
Sold by
Villegas Ruben
Bought by
Sd Capital Ventures Llc

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 18, 2014
Sold by
Memphis Invest Gp
Bought by
Villegas Ruben
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$80,900
Sold Price
$80,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$40,450
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2014
Sold by
Bank Of America Na
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
4.26%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 20, 2014
Sold by
Flot Kimitra D
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 28, 2007
Sold by
Gmac Mortgage
Bought by
Lipscomb Kimitra Flot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,279
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2006
Sold by
Hayes Michael and Hayes Angela
Bought by
Gmac

Purchase Details

Closed on
Aug 29, 2003
Sold by
Andrews Carl E
Bought by
Hayes Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,557
Interest Rate
6.13%
Mortgage Type
FHA
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
Ramirez Marvin Misael Aguil $105,000 Nexus Title & Escrow
Sd Capital Ventures Llc -- Fntg
Villegas Ruben $80,900 Fntg
Memphis Invest Gp $30,250 None Available
Bank Of America Na $31,950 None Available
Lipscomb Kimitra Flot $47,000 Associates Closing & Title H
Gmac $78,174 None Available
Hayes Michael D $86,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villegas Ruben $40,450
Previous Owner Sd Capital Ventures Llc $40,450
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Flot Kimitra D $67,575
Previous Owner Lipscomb Kimitra Flot $43,279
Previous Owner Hayes Michael D $85,557
Closed Hayes Michael D $3,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $80,900 0.0% $58 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $80,900 -- $58 / 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 -- $34,350 $3,375 $30,975
2024 -- $21,875 $2,750 $19,125
2023 $1,333 $21,875 $2,750 $19,125
2022 $1,333 $21,875 $2,750 $19,125
2021 $1,348 $21,875 $2,750 $19,125
2020 $1,373 $18,950 $2,750 $16,200
2019 $1,373 $18,950 $2,750 $16,200
2018 $1,373 $18,950 $2,750 $16,200
2017 $779 $18,950 $2,750 $16,200
2016 $678 $15,525 $0 $0
2014 $678 $15,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9937259

Memphis Area Association of REALTORS®

APN: 06-0218-0-0002

Tennessee Shelby County Memphis 38118 Oakhaven

3243 Cromwell Ave, Memphis, TN

This home is located at 3243 Cromwell Ave, Memphis, TN 38118 since 02 October 2014 and is currently estimated at $136,517, approximately $85 per square foot. This property was built in 1956. 3243 Cromwell Ave is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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