NOT LISTED FOR SALE

3318 Flower Valley Ave Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $100,000 - $117,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $46,000 $38 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $627/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of July 2018

House was just beautifully remodeled by an expert team from California: features include hardwood floors, Spanish tile, ceiling fans, and stainless steel appliances. Enjoy spacious rooms, a very large fully-fenced back yard, and the peace and tranquility of a quiet street. Perfect long-term investment as a high-quality rental or as a family's new home.

Last Agent to Sell the Property

Jimmy Skefos

Bel Air Properties, Inc. License #242527 Listed on: 04/15/2018

Last Buyer's Agent

Chantale Hilliard

Property One Real Estate Servi License #255282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $563

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,176 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Location

  • Ground Level

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Spring Valley Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090009 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$563

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 731A
  • MAAR Subdivision Name: SPRING VALLEY BLK A
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.12
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1176
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 94
  • Acreage: 0.21
  • Lot Size: 60/60.11 X 156.34/160
  • Price Per Acre: 219048

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090009 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
Jul 9, 2018
Sold by
Diaz Lapham Sean
Bought by
Granderson Derick
Seller's Agent
Jimmy Skefos
Bel Air Properties, Inc.
Buyer's Agent
Chantale Hilliard
Property One Real Estate Servi
List Price
$46,000
Sold Price
$46,000
Current Estimated Value
$107,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,267
Avg. Annual Appreciation
12.05%
Original Mortgage
$32,000
Outstanding Balance
$27,963
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$76,177

Purchase Details

Closed on
Mar 22, 2017
Sold by
Skefos James J
Bought by
Diaz Lapham Sean

Purchase Details

Closed on
May 15, 2008
Sold by
Joyner John Tobin and Joyner Lillian Joyce
Bought by
Skefos James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 2003
Sold by
Smith William C
Bought by
Joyner John Tobin and Joyner Lillian Joyce

Purchase Details

Closed on
Oct 6, 2003
Sold by
Smith Joseph R and Smith James Thomas
Bought by
Smith William C
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
Granderson Derick $46,000 Edco Title & Closing Svcs In
Diaz Lapham Sean $85,900 None Available
Skefos James J $30,000 Chicago Title Ins Co
Joyner John Tobin $23,000 --
Smith William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granderson Derick $32,000
Previous Owner Diaz Lapham Sean $359,730
Previous Owner Skefos James J $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $46,000 0.0% $46 / Sq Ft
04/15/2018 04/15/18 For Sale $46,000 -- $46 / 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 $563 $23,325 $2,625 $20,700
2024 $563 $16,600 $2,400 $14,200
2023 $1,011 $16,600 $2,400 $14,200
2022 $1,011 $16,600 $2,400 $14,200
2021 $573 $16,600 $2,400 $14,200
2020 $859 $11,850 $2,400 $9,450
2019 $379 $11,850 $2,400 $9,450
2018 $379 $11,850 $2,400 $9,450
2017 $388 $11,850 $2,400 $9,450
2016 $508 $11,625 $0 $0
2014 $508 $11,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jimmy Skefos

    Bel Air Properties, Inc.

    (901) 409-8183

    2 in this area

    15 Total Sales

    Jimmy Skefos
    Section Image

  • C

    Buyer's Agent in 2018

    Chantale Hilliard

    Property One Real Estate Servi

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024814

Memphis Area Association of REALTORS®

APN: 09-0009-0-0013

Tennessee Shelby County Memphis 38128 Frayser

3318 Flower Valley Ave, Memphis, TN

This home is located at 3318 Flower Valley Ave, Memphis, TN 38128 since 15 April 2018 and is currently estimated at $107,267, approximately $89 per square foot. This property was built in 1971. 3318 Flower Valley Ave is a home located in Shelby County with nearby schools including Keystone Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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