NOT LISTED FOR SALE

3402 Cloudland Dr Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $117,000 - $139,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $65,000 $41 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $728/month

97 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Flooring
  • Wood Fence

About This Home

As of September 2018

Great investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $850 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: 04/26/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1976

Lot Details

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

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,504 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Easthaven 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094120 B00237

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 773D
  • MAAR Subdivision Name: EASTHAVEN 1ST ADD
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1504
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 158
  • Acreage: 0.17
  • Lot Size: 65 X 120
  • Price Per Acre: 376471

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 094120 B00237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Sep 21, 2018
Sold by
Memphis Investments Properties
Bought by
Jacobson Harlan C and Jacobson Sharon K
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$64,000
Sold Price
$65,000
Premium/Discount to List
$1,000
1.56%
Current Estimated Value
$123,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,017
Avg. Annual Appreciation
9.62%
Original Mortgage
$52,000
Outstanding Balance
$45,625
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$77,306

Purchase Details

Closed on
Feb 28, 2008
Sold by
Adams John W
Bought by
Memphis Investment Properties 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
5.46%
Mortgage Type
Unknown
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
Jacobson Harlan C $65,000 Delta Title Services Llc
Memphis Investment Properties Llc $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Harlan C $52,000
Previous Owner Memphis Investment Properties Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $65,000 +1.6% $46 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $64,000 -- $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 $694 $32,650 $3,125 $29,525
2024 $694 $20,475 $2,500 $17,975
2023 $1,247 $20,475 $2,500 $17,975
2022 $1,247 $20,475 $2,500 $17,975
2021 $1,262 $20,475 $2,500 $17,975
2020 $1,094 $15,100 $2,500 $12,600
2019 $483 $15,100 $2,500 $12,600
2018 $483 $15,100 $2,500 $12,600
2017 $494 $15,100 $2,500 $12,600
2016 $640 $14,650 $0 $0
2014 $640 $14,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    16 in this area

    622 Total Sales

    James Wachob
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    6 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10025721

Memphis Area Association of REALTORS®

APN: 09-4120-B0-0237

Tennessee Shelby County Memphis 38118 Oakhaven

3402 Cloudland Dr, Memphis, TN

This home is located at 3402 Cloudland Dr, Memphis, TN 38118 since 26 April 2018 and is currently estimated at $123,017, approximately $76 per square foot. This property was built in 1976. 3402 Cloudland Dr is a home located in Shelby County with nearby schools including Ross Elementary School, Oakhaven Middle School, and Oakhaven High School.

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