NOT LISTED FOR SALE

3422 Vernon Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $103,000 - $111,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $38,000 $27 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $573/month

76 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • Wood Flooring

About This Home

As of July 2020

Great potential for a rental or owner occupied property. Possible 3 bedrooms. A closet added to a back room to make a possible 3rd bedroom and bathroom added to bedroom for a master bedroom. Welcome to a nice freshly painted home with some bathroom updates and flooring. Great starter home. "As-Is" A master bath added. Call for your appointment today. Some TLC needed

Last Agent to Sell the Property

Lisa Nelson

Exit Wise Master-Builders Real License #317415 Listed on: 04/21/2020

Exit Wise Master-Builders Real

Last Buyer's Agent

Elizabeth Castillo

BEST Real Estate Company License #326603

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,314 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Window Unit Cooling System

Community Details

  • E O Bailey Blk 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043055 00019

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 751B
  • MAAR Subdivision Name: E O BAILEY BLK 3
  • List Price Per Sq Ft: 33
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1314
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Number: 26
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 252941

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 043055 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jul 15, 2020
Sold by
Haile Tsegaye Gashaw
Bought by
Garcia Alfredo and Garcia Norma Lizeth
Seller's Agent
Lisa Nelson
Exit Wise Master-Builders Real
Buyer's Agent
Elizabeth Castillo
BEST Real Estate Company
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%
Current Estimated Value
$94,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,171
Avg. Annual Appreciation
18.85%

Purchase Details

Closed on
Feb 22, 2008
Sold by
Cooper Arthur L and Cooper Patricia A
Bought by
Hud

Purchase Details

Closed on
Sep 7, 1995
Bought by
Thorne Lanier A
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
Garcia Alfredo $38,000 Reaencv Title & Escrow Llc
Hud $35,830 None Available
Thorne Lanier A $38,950 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $38,000 -11.6% $32 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $43,000 -4.4% $36 / Sq Ft
04/21/2020 04/21/20 For Sale $45,000 -- $38 / 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 -- $26,375 $2,750 $23,625
2024 -- $10,475 $1,125 $9,350
2023 $638 $10,475 $1,125 $9,350
2022 $638 $10,475 $1,125 $9,350
2021 $284 $10,475 $1,125 $9,350
2020 $471 $6,500 $1,125 $5,375
2019 $208 $6,500 $1,125 $5,375
2018 $208 $6,500 $1,125 $5,375
2017 $213 $6,500 $1,125 $5,375
2016 $324 $7,425 $0 $0
2014 $324 $7,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Nelson

    Seller's Agent in 2020

    Lisa Nelson

    Exit Wise Master-Builders Real

    (901) 246-5395

    3 in this area

    101 Total Sales

    Section Image

  • E

    Buyer's Agent in 2020

    Elizabeth Castillo

    BEST Real Estate Company

    (901) 497-4957

    20 in this area

    118 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075094

Memphis Area Association of REALTORS®

APN: 04-3055-0-0019

Tennessee Shelby County Memphis 38122 Berclair

3422 Vernon Ave, Memphis, TN

This home is located at 3422 Vernon Ave, Memphis, TN 38122 since 21 April 2020 and is currently estimated at $107,111, approximately $76 per square foot. This property was built in 1930. 3422 Vernon Ave is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

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