NOT LISTED FOR SALE

3251 Macon Rd Memphis, TN 38122

Binghampton Neighborhood

Estimated Value: $80,063 - $140,000

4 Beds
2 Baths
1,399 Sq Ft
$72/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $15,000 $11 Per Sq Ft

Est. 575% increase in value since last sale

Current estimated payment $572/month

35 Days on Market

Highlights

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

About This Home

As of March 2014

Cash As Is offer only with proof of fund. House need some work but good rental area.

Last Agent to Sell the Property

David Truong

eXp Realty, LLC License #285299 Listed on: 02/04/2014

eXp Realty, LLC

Last Buyer's Agent

David Truong

eXp Realty, LLC License #285299 Listed on: 02/04/2014

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $259

Year Built

  • Built in 1941

Lot Details

  • 10,019 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Jackson Terrace 1St Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038025 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$259

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 751A
  • MAAR Subdivision Name: JACKSON TERRACE 1ST ADD
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.72
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1399
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.23
  • Lot Size: 60/60.2X170.71/175.6

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 038025 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Davis Kimberly Rachelle
Bought by
Garcia Jaime and Ramirez Guadalupe
Total Days on Market
35
Current Estimated Value
$101,266

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 14, 2014
Sold by
Vanvanho Thanh Van
Bought by
Davis Kimberly Rachelle
Seller's Agent
David Truong
eXp Realty, LLC
Buyer's Agent
David Truong
eXp Realty, LLC
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Vanvanho Thanh Van

Purchase Details

Closed on
Mar 3, 2011
Sold by
Reedy Debra
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 1, 2006
Sold by
Reedy Debra L
Bought by
Tennessee Investment Rental Property Llc

Purchase Details

Closed on
Jul 7, 2004
Sold by
Tennessee Rehab Inc
Bought by
Reedy Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Grandieson Michael
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Newcomb Ricky
Bought by
Tipton Bank & Trust

Purchase Details

Closed on
Oct 13, 1998
Sold by
Burkhalter Fred
Bought by
Newcomb Ricky Kieth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,200
Interest Rate
7.88%

Purchase Details

Closed on
Feb 6, 1995
Bought by
Newcomb Ricky and Burkh Fred Burkh

Purchase Details

Closed on
Jan 30, 1995
Bought by
Scott Burnett
Source: Public Records

Range of Values:

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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
Garcia Jaime $15,900 Regency Title & Escrow Llc
Davis Kimberly Rachelle $15,000 None Available
Vanvanho Thanh Van $11,000 None Available
Federal National Mortgage Association $51,602 None Available
Tennessee Investment Rental Property Llc -- None Available
Reedy Debra L -- --
Tennessee Rehab Inc $15,000 --
Grandieson Michael $10,000 --
Tipton Bank & Trust $25,000 --
Newcomb Ricky Kieth -- --
Newcomb Ricky $20,000 --
Scott Burnett $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reedy Debra L $51,000
Previous Owner Tennessee Rehab Inc $17,000
Previous Owner Newcomb Ricky Kieth $30,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $15,000 -24.6% $11 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $19,900 -- $14 / 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 $259 $11,600 $2,250 $9,350
2024 $259 $7,650 $1,125 $6,525
2023 $466 $7,650 $1,125 $6,525
2022 $466 $7,650 $1,125 $6,525
2021 $471 $7,650 $1,125 $6,525
2020 $457 $6,300 $1,125 $5,175
2019 $457 $6,300 $1,125 $5,175
2018 $457 $6,300 $1,125 $5,175
2017 $259 $6,300 $1,125 $5,175
2016 $246 $5,625 $0 $0
2014 $246 $5,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Truong

    Seller's Agent in 2014

    David Truong

    eXp Realty, LLC

    (901) 503-3947

    6 in this area

    182 Total Sales

    David Truong
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3289943

Memphis Area Association of REALTORS®

APN: 03-8025-0-0018

Tennessee Shelby County Memphis 38122 Binghampton

3251 Macon Rd, Memphis, TN

This home is located at 3251 Macon Rd, Memphis, TN 38122 since 04 February 2014 and is currently estimated at $101,266, approximately $72 per square foot. This property was built in 1941. 3251 Macon Rd is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

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