NOT LISTED FOR SALE

3380 Burgess Dr Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $107,000 - $147,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $69,900 $58 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $749/month

27 Days on Market

Highlights

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

About This Home

As of December 2016

Professionally managed investment property FOR SALE - Great investment opportunity, instant return on investment and cash flow! All of our homes are completely renovated and tenanted. *Please do not disturb tenant****

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 08/19/2016

Co-Listed By

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,016 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Whitehaven Shelby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073111 A00097

Home Details

Home Type

Single Family

Est. Annual Taxes

$755

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 773D
  • MAAR Subdivision Name: WHITEHAVEN-SHELBY
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 68.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1016
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 273
  • Acreage: 0.17
  • Lot Size: 0.17
  • Price Per Acre: 441176

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073111 A00097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Dec 23, 2016
Sold by
Jbj Properties Llc
Bought by
Barnard Jared
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$75,000
Sold Price
$69,900
Premium/Discount to List
-$5,100
-6.8%
Current Estimated Value
$129,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,488
Avg. Annual Appreciation
6.40%
Original Mortgage
$55,920
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Tennesse Investemt Rental Properties Llc
Bought by
Memphis Investment Properties Llc

Purchase Details

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

Purchase Details

Closed on
Oct 22, 2004
Sold by
Tennessee Rehab Inc
Bought by
Reedy Debra L

Purchase Details

Closed on
Jan 31, 2003
Sold by
Woods Darren L and Foster Ronnie
Bought by
Hud

Purchase Details

Closed on
Feb 27, 1995
Bought by
Louis Tate and Louis Willena
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
Barnard Jared $69,900 Delta Title Services Llc
Jbi Properties Llc -- Delta Title Services Llc
Memphis Investment Properties Llc -- Delta Title Services Llc
Tennessee Investment Rental Property Llc -- None Available
Reedy Debra L -- --
Hud $58,440 --
Louis Tate $49,630 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnard Jared $67,500
Closed Barnard Jared $55,920
Previous Owner Reedy Debra L $54,800
Previous Owner Tennessee Rehab Inc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $69,900 -6.8% $70 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $75,000 -- $75 / 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 $755 $32,125 $3,125 $29,000
2024 $755 $22,275 $2,500 $19,775
2023 $1,357 $22,275 $2,500 $19,775
2022 $1,357 $22,275 $2,500 $19,775
2021 $1,373 $22,275 $2,500 $19,775
2020 $1,232 $17,000 $2,500 $14,500
2019 $1,232 $17,000 $2,500 $14,500
2018 $1,232 $17,000 $2,500 $14,500
2017 $699 $17,000 $2,500 $14,500
2016 $492 $11,250 $0 $0
2014 $492 $11,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Felecia Magro

    Seller's Agent in 2016

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    1 in this area

    81 Total Sales

    Felecia Magro
    Section Image
  • James Wachob

    Seller Co-Listing Agent in 2016

    James Wachob

    Foundation Property Management

    (901) 633-1484

    16 in this area

    622 Total Sales

    James Wachob
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9986010

Memphis Area Association of REALTORS®

APN: 07-3111-A0-0097

Tennessee Shelby County Memphis 38118 Oakhaven

3380 Burgess Dr, Memphis, TN

This home is located at 3380 Burgess Dr, Memphis, TN 38118 since 19 August 2016 and is currently estimated at $129,388, approximately $107 per square foot. This property was built in 1980. 3380 Burgess Dr is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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