NOT LISTED FOR SALE

3423 Arnold Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $110,707 - $151,000

2 Beds
1 Bath
1,710 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $41,500 $24 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $787/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Level Lot
  • Some Wood Windows
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of October 2014

This duplex is located just minutes from the Airport. The units are 2 bedroom. The scheduled monthly rents are $1010/mo. Property is well maintained and priced to sell.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/13/2014

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 08/13/2014

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Vinyl Flooring
  • Eat-In Kitchen

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • East Whitehaven Park Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 073104 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3425
  • MLS Map #: 773B
  • MAAR Subdivision Name: WHITEHAVEN PARK (EAST)
  • Freestanding: Yes
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.27
  • Estimated Sq Ft: 1710
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor
  • Appliances Equipment: Refrigerator
  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Wood/Shake

Garage/Parking

  • Parking: Street Parking Only

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 142
  • Acreage: 0.19
  • Lot Size: 8288
  • Price Per Acre: 257895

Rental Info

  • Tenants Pay: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 073104 00018

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 17, 2014
Sold by
Wilson Overtis L
Bought by
L & B Properties Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$49,000
Sold Price
$41,500
Premium/Discount to List
-$7,500
-15.31%
Current Estimated Value
$134,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,362
Avg. Annual Appreciation
11.55%
Original Mortgage
$141,100
Outstanding Balance
$51,304
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,478

Purchase Details

Closed on
Aug 1, 2013
Sold by
Wilson Overtis L
Bought by
Wilson Overtis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2011
Sold by
Wilson Overtis L
Bought by
Wilson Overtis L and The Overtis L Wilson Sr Inter Vivos Trus
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
L & B Properties Llc $180,000 Title & Escrow Svcs Inc
Wilson Overtis L $22,000 None Available
Wilson Overtis L $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & B Properties Llc $141,100
Closed L & B Properties Llc $141,100
Previous Owner Wilson Overtis L $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $41,500 -15.3% $24 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $49,000 -- $29 / 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 $589 $46,280 $5,320 $40,960
2024 $589 $17,360 $4,240 $13,120
2023 $1,058 $17,360 $4,240 $13,120
2022 $1,058 $17,360 $4,240 $13,120
2021 $1,070 $17,360 $4,240 $13,120
2020 $1,194 $16,480 $4,240 $12,240
2019 $1,194 $16,480 $4,240 $12,240
2018 $1,194 $16,480 $4,240 $12,240
2017 $677 $16,480 $4,240 $12,240
2016 $664 $15,200 $0 $0
2014 $664 $15,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2014

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    90 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9933723

Memphis Area Association of REALTORS®

APN: 07-3104-0-0018

Tennessee Shelby County Memphis 38118 Oakhaven

3423 Arnold Rd, Memphis, TN

This home is located at 3423 Arnold Rd, Memphis, TN 38118 since 13 August 2014 and is currently estimated at $135,427, approximately $79 per square foot. This property was built in 1973. 3423 Arnold Rd 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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