NOT LISTED FOR SALE

3423 S Mendenhall Rd Unit 3423/3425 Memphis, TN 38115

Parkway Village Neighborhood

Estimated Value: $170,000 - $210,554

2 Beds
2 Baths
2,347 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $190,000 $81 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,138/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Circular Driveway
  • Double Pane Windows
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Storage Room

About This Home

As of July 2023

"Fantastic investment opportunity! Both units feature 2 beds, 2 baths, fireplace, double carports with storage. Unit 3425 rented at $865/month, laminate flooring (pre-lease photos). No showings without accepted offer. Unit 3423 occupied, available for showing, carpeted. Current photos as of 07/01/2023."

Last Agent to Sell the Property

Stanley Echols

Crye-Leike, Inc., REALTORS License #255321 Listed on: 07/05/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Stanley Echols

Crye-Leike, Inc., REALTORS License #255321 Listed on: 07/05/2023

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,347 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • 2 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Storage Room
  • Attic Access Panel

Kitchen

  • Free-Standing Range
  • Recirculated Exhaust Fan

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Parking

  • 2 Car Attached Garage
  • Carport
  • Circular Driveway

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 074037 E00003

Community Details

Overview

  • Mendenaire Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional, Ranch
  • Cross Street: Scottsdale Ave
  • Second Address Number: 3425
  • MLS Map #: 784D
  • MAAR Subdivision Name: MENDENAIRE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.95
  • Estimated Sq Ft: 2347
  • Year Built: 1988
  • List Price/ Sq Ft: 96
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Wood Laminate Floors, Part Carpet, Tile, Sprayed Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Range/Oven (Freestanding), Exhaust Fan/Vent Hood, Fireplace(s)
  • Estimated Entire Duplex Sq Ft: 2200-2399
  • Miscellaneous Interior: All Window Treatments, Attic Access, Cat/Dog Free House, Cable Wired, Cable Available

Exterior Features

  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking: Driveway/Pad, Circular Drive, Storage Room(s)

Utilities

  • Cooling: Central Cooling, 220 Wiring, Individual Cooling
  • Heating: Central, Gas
  • Hot Water: Electric, Individual System

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 13
  • Acreage: 0.21
  • Lot Size: 75X125
  • Price Per Acre: 1071429

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 074037 E00003

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Phan Annie T
Bought by
Abbp Llc
Current Estimated Value
$192,389

Purchase Details

Listed on
Jul 5, 2023
Closed on
Jul 31, 2023
Sold by
Beckley Bridget C and Beckley Terrance
Bought by
Phan Annie T
Seller's Agent
Stanley Echols
Crye-Leike, Inc., REALTORS
Buyer's Agent
Stanley Echols
Crye-Leike, Inc., REALTORS
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Moore Aubrey
Bought by
Page Bridget C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,393
Interest Rate
5.38%
Mortgage Type
FHA
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
Abbp Llc -- Quality Title Group
Phan Annie T $190,000 Quality Title Group
Page Bridget C $107,000 Assured Escrow & Title Closi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Page Bridget C $105,393
Closed Page Bridget C $4,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $190,000 -15.6% $81 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $225,000 -- $96 / 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 -- $84,720 $8,600 $76,120
2024 -- $37,320 $7,680 $29,640
2023 $1,421 $23,325 $4,800 $18,525
2022 $791 $23,325 $4,800 $18,525
2021 $805 $23,325 $4,800 $18,525
2020 $1,496 $20,650 $4,800 $15,850
2019 $1,496 $20,650 $4,800 $15,850
2018 $1,496 $20,650 $4,800 $15,850
2017 $849 $20,650 $4,800 $15,850
2016 $693 $15,850 $0 $0
2014 $693 $15,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stanley Echols

    Seller's Agent in 2023

    Stanley Echols

    Crye-Leike

    (901) 497-0269

    2 in this area

    19 Total Sales

    Stanley Echols
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151564

Memphis Area Association of REALTORS®

APN: 07-4037-E0-0003

Tennessee Shelby County Memphis 38115 Parkway Village

3423 S Mendenhall Rd Unit 3423/3425, Memphis, TN

This home is located at 3423 S Mendenhall Rd Unit 3423/3425, Memphis, TN 38115 since 05 July 2023 and is currently estimated at $192,389, approximately $81 per square foot. This property was built in 1988. 3423 S Mendenhall Rd Unit 3423/3425 is a home located in Shelby County with nearby schools including Cromwell Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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