NOT LISTED FOR SALE

3416 Spottswood Ave Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $154,000 - $173,000

2 Beds
1 Bath
2,214 Sq Ft
$74/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $71,000 $32 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $927/month

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • 3-minute walk to Charles W. Davis Park

About This Home

As of February 2020

Duplex for sale near the University of Memphis. Totally walkable area near Highland. Front unit has 2 bedrooms & 1 bathroom & kitchen. Back unit has 2 bedrooms, 2 bathrooms, & upstairs loft area. Could be a great primary residence, AirBnb, or investment property. Live in one unit & rent the other one. Central air, big kitchen, large front & rear porch, security doors,big backyard. Property is currently vacant, needs repairs but pretty solid home. Online video & 3D panoramic photos available.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 12/28/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 12/28/2019

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $838

Year Built

  • Built in 1920

Lot Details

  • 0.48 Acre Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Wood Flooring

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Highland Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045119 00027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$838

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3412
  • MLS Map #: 757B
  • MAAR Subdivision Name: HIGHLAND AVE
  • Freestanding: Yes
  • List Price Per Sq Ft: 34
  • Number Of Stories: 2
  • Price Per Sq Ft: 32.07
  • Estimated Sq Ft: 2214
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 31
  • Acreage: 0.48
  • Price Per Acre: 156250

Tax Info

  • Assessor Parcel Number: 045119 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2019
Closed on
Feb 26, 2020
Sold by
Preciado Pedro
Bought by
Joshi Sunir
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$75,000
Sold Price
$71,000
Premium/Discount to List
-$4,000
-5.33%
Current Estimated Value
$163,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,496
Avg. Annual Appreciation
15.85%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Bain Len and Bain Debra
Bought by
Preciado Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2012
Sold by
Wark Christopher D
Bought by
Bain Len and Bain Debra

Purchase Details

Closed on
Jul 13, 2011
Sold by
White Shannon
Bought by
Wark Christopher

Purchase Details

Closed on
Jul 31, 2006
Sold by
Parrish Fred L
Bought by
White Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,430
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1994
Bought by
Parrish Fred L
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
Joshi Sunir $71,000 Memphis Title Company
Preciado Pedro $62,000 Close Trak Closing & Title
Bain Len $61,750 None Available
Wark Christopher $20,237 Title Assurance & Escrow Inc
White Shannon $92,700 None Available
Parrish Fred L $64,359 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Preciado Pedro $46,500
Previous Owner White Shannon $83,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $71,000 -5.3% $32 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $75,000 0.0% $34 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
12/28/2019 12/28/19 For Sale $75,000 -- $34 / 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 $838 $66,280 $3,920 $62,360
2024 $838 $24,720 $1,600 $23,120
2023 $1,506 $24,720 $1,600 $23,120
2022 $1,506 $24,720 $1,600 $23,120
2021 $853 $24,720 $1,600 $23,120
2020 $1,701 $23,480 $1,600 $21,880
2019 $750 $23,480 $1,600 $21,880
2018 $750 $23,480 $1,600 $21,880
2017 $768 $23,480 $1,600 $21,880
2016 $1,021 $23,360 $0 $0
2014 $1,021 $23,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    80 in this area

    1,203 Total Sales

    Tyler Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068143

Memphis Area Association of REALTORS®

APN: 04-5119-0-0027

Tennessee Shelby County Memphis 38111 Audubon Park

3416 Spottswood Ave, Memphis, TN

This home is located at 3416 Spottswood Ave, Memphis, TN 38111 since 28 December 2019 and is currently estimated at $163,496, approximately $73 per square foot. This property was built in 1920. 3416 Spottswood Ave is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

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