NOT LISTED FOR SALE

3432 Mayflower Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $75,000 - $95,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $57,500 $41 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $507/month

65 Days on Market

About This Home

As of August 2021

Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $683/Month with a lease expiring on 11/30/2021. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 06/16/2021

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 06/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $314

Year Built

  • Built in 1941

Lot Details

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

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,354 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • E O Bailey Blk 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043054 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$314

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 751B
  • MAAR Subdivision Name: E O BAILEY BLK 4
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 42.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1354
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

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

Lot Info

  • Lot Number: 26
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 440588

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 043054 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 23, 2021
Sold by
Omwega Eric
Bought by
Woodland Property Solutions Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$74,900
Sold Price
$57,500
Premium/Discount to List
-$17,400
-23.23%
Current Estimated Value
$88,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,015
Avg. Annual Appreciation
11.30%
Original Mortgage
$75,770
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 25, 2018
Sold by
Southeast Investment Solutions Llc
Bought by
Omwega Eric
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$33,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2015
Closed on
Mar 6, 2015
Sold by
Bain Properties Llc
Bought by
Southeast Investment Solutions Llc
Seller's Agent
Spencer Shadrach
Crestcore Realty, LLC
Buyer's Agent
Dan Butler
Renshaw Company, REALTORS
List Price
$30,830
Sold Price
$24,584
Premium/Discount to List
-$6,246
-20.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.04%

Purchase Details

Closed on
Aug 30, 2010
Sold by
Fannie Mae
Bought by
Bain Randy

Purchase Details

Closed on
Jun 7, 2010
Sold by
Wilkes William D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2004
Sold by
Wilkes William D
Bought by
Wilkes William D and Wilkes Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Dean Aletha
Bought by
Hud

Purchase Details

Closed on
Nov 1, 1999
Sold by
Antwine Ruby M and Antwine Steven M
Bought by
Dean Althea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,756
Interest Rate
7.81%
Mortgage Type
FHA
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
Woodland Property Solutions Llc $57,500 Local Title Llc
Omwega Eric $45,000 None Available
Southeast Investment Solutions Llc $295,000 Delta Title Services Llc
Bain Randy $14,800 First National Title Llc
Federal National Mortgage Association $58,196 None Available
Wilkes William D -- --
Wilkes William D -- Title Enterprise Svc Co Llc
Hud $63,652 --
Dean Althea $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodland Prooerty Solutions Llc $86,250
Previous Owner Woodland Property Solutions Llc $75,770
Previous Owner Omwega Eric $33,750
Previous Owner Wilkes William D $52,000
Previous Owner Dean Althea $44,756
Closed Dean Althea $3,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $57,500 -23.2% $48 / Sq Ft
06/16/2021 06/16/21 For Sale $74,900 +66.4% $62 / Sq Ft
06/26/2018 06/26/18 Sold $45,000 0.0% $38 / Sq Ft
03/01/2018 03/01/18 For Sale $45,000 +83.0% $38 / Sq Ft
03/06/2015 03/06/15 Sold $24,584 -20.3% $20 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $30,830 -- $26 / 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 $314 $15,425 $2,750 $12,675
2024 $314 $9,250 $1,125 $8,125
2023 $563 $9,250 $1,125 $8,125
2022 $563 $9,250 $1,125 $8,125
2021 $251 $9,250 $1,125 $8,125
2020 $549 $7,575 $1,125 $6,450
2019 $242 $7,575 $1,125 $6,450
2018 $242 $7,575 $1,125 $6,450
2017 $248 $7,575 $1,125 $6,450
2016 $288 $6,600 $0 $0
2014 $288 $6,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2021

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    51 in this area

    1,428 Total Sales

    Dean Harris
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • S

    Seller's Agent in 2015

    Spencer Shadrach

    Crestcore Realty, LLC

  • Dan Butler

    Buyer's Agent in 2015

    Dan Butler

    Renshaw Company, REALTORS

    (901) 289-7888

    Dan Butler
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101855

Memphis Area Association of REALTORS®

APN: 04-3054-0-0019

Tennessee Shelby County Memphis 38122 Berclair

3432 Mayflower Ave, Memphis, TN

This home is located at 3432 Mayflower Ave, Memphis, TN 38122 since 16 June 2021 and is currently estimated at $88,515, approximately $63 per square foot. This property was built in 1941. 3432 Mayflower 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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