$62,500

3243 Thirteen Colony Mall Unit 2B Memphis, TN 38115

Fox Meadows Neighborhood

Estimated payment $580/month

Total Views 16,005
3 Beds
2 Baths
1,400-1,599 Sq Ft
$39 Price per Sq Ft

Highlights

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

About This Home

Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $925/mo with a $955 security deposit on file. Gated parking. $225 HOA fee. Brick exterior. Lease expires 9/30/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray, 1753 S Winston. Properties can be bought individually or in bulk.

Listing Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/11/2025

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $314

Year Built

  • Built in 1970

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 27x36
  • Level Lot

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Aldens Gate Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 074073 F00105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$314

Year Built

Built in 1970

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ALDENS GATE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Display: C0A
  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 2700
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 2B
  • Acreage: 0.02
  • Lot Size: 27X36
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 074073 F00105

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $314 $14,200 $925 $13,275
2024 -- $9,250 $925 $8,325
2023 $563 $9,250 $925 $8,325
2022 $563 $9,250 $925 $8,325
2021 $319 $9,250 $925 $8,325
2020 $480 $6,625 $925 $5,700
2019 $212 $6,625 $925 $5,700
2018 $212 $6,625 $925 $5,700
2017 $217 $6,625 $925 $5,700
2016 $273 $6,250 $0 $0
2014 $273 $6,250 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2025 02/11/25 For Sale $62,500 -26.5% $45 / Sq Ft
05/03/2022 05/03/22 Sold $85,000 0.0% $59 / Sq Ft View Prior Sale
05/03/2022 05/03/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $85,000 +84.4% $59 / Sq Ft
10/16/2019 10/16/19 Sold $46,100 +2.4% $32 / Sq Ft View Prior Sale
10/16/2019 10/16/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $45,000 -- $31 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 Realty Title
Quit Claim Deed -- None Available
Warranty Deed $47,565 Memphis Title Company
Warranty Deed $46,100 Regency Title & Escrow Llc
Warranty Deed $50,900 --
Warranty Deed $50,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $46,100 Purchase Money Mortgage
Previous Owner $50,900 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10189832

Memphis Area Association of REALTORS®

APN: 07-4073-F0-0105