NOT LISTED FOR SALE

3325 Spring Shadow Dr Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $114,000 - $149,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $87,500 $73 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $773/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Den
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of February 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $875 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

James Wachob

Foundation Property Management License #294924 Listed on: 11/29/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,087 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Easthaven 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094120 B00308

Home Details

Home Type

Single Family

Est. Annual Taxes

$731

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 773D
  • MAAR Subdivision Name: EASTHAVEN 1ST ADD
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1087
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • 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: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 299
  • Acreage: 0.17
  • Lot Size: 65 X 120
  • Price Per Acre: 514706

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 094120 B00308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Feb 26, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Berys Flavia Cristina
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$87,500
Sold Price
$87,500
Current Estimated Value
$133,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,049
Avg. Annual Appreciation
6.64%
Original Mortgage
$70,000
Outstanding Balance
$61,914
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$71,383

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 16, 2018
Sold by
Nelson Stanley
Bought by
Memphis Investments Rental Properties Ll
Seller's Agent
Elbert Carr
Crye-Leike, Inc., REALTORS
Buyer's Agent
Danielle Holland
Reedy & Company, REALTORS
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
534.18%
Original Mortgage
$80,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 2009
Sold by
Citimortgage Inc
Bought by
Nelson Stanley

Purchase Details

Closed on
Jul 24, 2009
Sold by
Green Timothy
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 8, 2000
Sold by
Cathy Taylor
Bought by
Green Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
11.5%
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
Berys Flavia Cristina $87,500 Delta Title Services Llc
Memphis Investments Rental Properties Ll $45,000 Preferred Title & Escrow Llc
Nelson Stanley $11,000 Associates Closing & Title
Citimortgage Inc $15,490 None Available
Green Timothy $65,000 Transcontinental Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berys Flavia Cristina $70,000
Previous Owner Memphis Investments Rental Properties Ll $80,000
Previous Owner Green Timothy $52,000
Closed Green Timothy $9,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $87,500 0.0% $88 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $87,500 +94.4% $88 / Sq Ft
10/17/2018 10/17/18 Sold $45,000 -10.0% $32 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $50,000 0.0% $36 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $50,000 -- $36 / 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 $731 $32,375 $3,125 $29,250
2024 $731 $21,575 $2,500 $19,075
2023 $1,314 $21,575 $2,500 $19,075
2022 $1,314 $21,575 $2,500 $19,075
2021 $1,330 $21,575 $2,500 $19,075
2020 $893 $12,325 $2,500 $9,825
2019 $394 $12,325 $2,500 $9,825
2018 $394 $12,325 $2,500 $9,825
2017 $403 $12,325 $2,500 $9,825
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10041568

Memphis Area Association of REALTORS®

APN: 09-4120-B0-0308