NOT LISTED FOR SALE

3311 Lamphier Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $89,000 - $173,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $79,900 $50 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $827/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Tile Flooring
  • Level Lot

About This Home

As of August 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1190 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 05/21/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,583 Sq Ft Home
  • 1-Story Property
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Highland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038029 00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$632

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 751B
  • MAAR Subdivision Name: HIGHLAND HEIGHTS
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1583
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: W PT 13
  • Acreage: 0.22
  • Lot Size: 50 X 200
  • Price Per Acre: 363182

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 038029 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 2, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Eckford Stephen
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$140,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,314
Avg. Annual Appreciation
9.06%
Original Mortgage
$59,925
Outstanding Balance
$53,038
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$81,387

Purchase Details

Closed on
Apr 12, 2019
Sold by
Du Benjamin and Du Ben
Bought by
Memphis Investment Properties Ii 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
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2015
Sold by
Hernandez Carlos and Hernandez Maria
Bought by
Du Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 19, 2012
Sold by
Fannie Mae
Bought by
Hernandez Carlos and Hernandez Maria
Seller's Agent
Walter Dunn
Walter Dunn and Associates
Buyer's Agent
Carlos Aguilar
Adaro Realty, Inc.
List Price
$18,900
Sold Price
$17,000
Premium/Discount to List
-$1,900
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.71%

Purchase Details

Closed on
Jan 9, 2012
Sold by
Danner Lucretia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 7, 2007
Sold by
Danner Lucretia
Bought by
The Virtuous Collective Llc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Adams John W
Bought by
Danner Lucretia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,050
Interest Rate
7%
Mortgage Type
New Conventional
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
Eckford Stephen $79,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $23,000 None Available
Du Ben $75,000 None Available
Hernandez Carlos $17,000 Lenders Title
Federal National Mortgage Association $49,421 None Available
The Virtuous Collective Llc -- None Available
Danner Lucretia $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckford Stephen $59,925
Previous Owner Memphis Investment Properties Ii Llc $60,000
Previous Owner Du Ben $20,000
Previous Owner Danner Lucretia $37,050
Previous Owner Danner Lucretia $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $79,900 0.0% $57 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $79,900 +370.0% $57 / Sq Ft
03/19/2012 03/19/12 Sold $17,000 -10.1% $11 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $18,900 -- $12 / 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 $632 $28,320 $4,400 $23,920
2024 $632 $18,640 $1,800 $16,840
2023 $1,135 $18,640 $1,800 $16,840
2022 $632 $18,640 $1,800 $16,840
2021 $643 $18,640 $1,800 $16,840
2020 $1,394 $19,240 $1,800 $17,440
2019 $1,394 $19,240 $1,800 $17,440
2018 $1,394 $19,240 $1,800 $17,440
2017 $791 $19,240 $1,800 $17,440
2016 $846 $19,360 $0 $0
2014 $529 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    438 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    455 Total Sales

    Section Image

  • W

    Seller's Agent in 2012

    Walter Dunn

    Walter Dunn and Associates

  • R

    Seller Co-Listing Agent in 2012

    Rachel Dunn Williams

    Keller Williams

    (901) 756-0025

    2 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Carlos Aguilar

    Adaro Realty, Inc.

    (901) 690-5954

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10053274

Memphis Area Association of REALTORS®

APN: 03-8029-0-0005

Tennessee Shelby County Memphis 38122 Berclair

3311 Lamphier Ave, Memphis, TN

This home is located at 3311 Lamphier Ave, Memphis, TN 38122 since 21 May 2019 and is currently estimated at $131,649, approximately $82 per square foot. This property was built in 1969. 3311 Lamphier Ave 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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