NOT LISTED FOR SALE

3416 Buchanan Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $57,000 - $95,000

2 Beds
1 Bath
100-999 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $33,000 $33 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $402/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Wood Flooring

About This Home

As of March 2020

Two bedroom investment property. Previously rented for $540. Sold "as is". Cash offers only! Mostly cosmetics needed to get ready.

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 02/25/2020

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 965 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas

Community Details

  • Farmville Heights Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043057 00019

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FARMVILLE HEIGHTS
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 965
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 2
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Utilities

  • Heating: Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 15
  • Acreage: 0.17
  • Lot Size: 68.37/70.95X110.07/109.92

Tax Info

  • Assessor Parcel Number: 043057 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 13, 2020
Sold by
Larson Wayne
Bought by
Criollo Teresa M
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$30,000
Sold Price
$33,000
Premium/Discount to List
$3,000
10%
Current Estimated Value
$74,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,904
Avg. Annual Appreciation
14.82%

Purchase Details

Closed on
Oct 5, 2010
Sold by
Mountain Blue Inc
Bought by
Larson Wayne

Purchase Details

Closed on
Jun 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Mountain Blue Inc

Purchase Details

Closed on
Apr 15, 2010
Sold by
Shields Wilfred
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 31, 2008
Sold by
Wonderful Properties Llc
Bought by
Shields Wilfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Wm Specialty Mortgage Llc
Bought by
Wonderful 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
$44,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2007
Sold by
Boyd Jaurice V Allen
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Nov 30, 1995
Bought by
Earp Eloise D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Criollo Teresa M $33,000 Close Trak Closing & Ttl Svc
Larson Wayne $45,000 None Available
Mountain Blue Inc $9,000 None Available
Federal National Mortgage Association $47,402 None Available
Shields Wilfred $55,000 None Available
Wonderful Properties Llc $11,000 Landcastle Title Llc
Wm Specialty Mortgage Llc $45,000 None Available
Earp Eloise D $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shields Wilfred $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $33,000 +10.0% $330 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $30,000 -- $300 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $203 $10,875 $2,750 $8,125
2024 $203 $6,000 $1,125 $4,875
2023 $366 $6,000 $1,125 $4,875
2022 $366 $6,000 $1,125 $4,875
2021 $163 $6,000 $1,125 $4,875
2020 $446 $6,150 $1,125 $5,025
2019 $197 $6,150 $1,125 $5,025
2018 $197 $6,150 $1,125 $5,025
2017 $201 $6,150 $1,125 $5,025
2016 $235 $5,375 $0 $0
2014 $235 $5,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lowell Brister

    Leco Realty, Inc.

    (901) 508-4737

    7 in this area

    120 Total Sales

    Lowell Brister
    Section Image
  • Itzel Sanchez Bustamante

    Buyer's Agent in 2020

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    56 in this area

    591 Total Sales

    Itzel Sanchez Bustamante
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10071540

Memphis Area Association of REALTORS®

APN: 04-3057-0-0019

Tennessee Shelby County Memphis 38122 Berclair

3416 Buchanan Ave, Memphis, TN

Not Listed for Sale

Detached

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