NOT LISTED FOR SALE

Estimated Value: $44,000 - $71,602

3 Beds
1 Bath
1,600-1,799 Sq Ft
$32/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $45,000 $25 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $349/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Tile Flooring
  • Attic
  • Den
  • Central Heating

About This Home

As of August 2024

Investors looking for a great opportunity for your next flip/investment. The list price also includes the lot next door to the property. parcel ID#03501500016- address 348 W Person Ave. Memphis, TN 38109. Minutes from downtown. This property is being sold AS-IS-

Last Agent to Sell the Property

Rhonda Franklin

KAIZEN Realty, LLC License #289965 Listed on: 07/30/2024

KAIZEN Realty, LLC

Last Buyer's Agent

James Reid

KAIZEN Realty, LLC License #349851

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x119
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,623 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Fordhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035015 00015

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747A
  • MAAR Subdivision Name: FORDHURST
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1623
  • Year Built: 1930
  • List Price/ Sq Ft: 43
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Washer/Dryer Connections
  • Other Rooms: Attic
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Water Sewer: Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 307
  • Acreage: 0.13
  • Lot Size: 50X119
  • Price Per Acre: 537692
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 035015 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 20, 2024
Sold by
Reid James
Bought by
J & T Realty Enterprise Llc
Seller's Agent
Rhonda Franklin
KAIZEN Realty, LLC
Buyer's Agent
James Reid
KAIZEN Realty, LLC
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Views
92
Current Estimated Value
$57,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,401
Avg. Annual Appreciation
36.90%

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 21, 2024
Sold by
Caffey Tonya
Bought by
Reid James
Seller's Agent
Rhonda Franklin
KAIZEN Realty, LLC
Buyer's Agent
James Reid
KAIZEN Realty, LLC
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Views
92

Purchase Details

Listed on
Mar 22, 2013
Closed on
Apr 29, 2013
Sold by
Donovan Shaun
Bought by
Caffey Tonya T
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Linda Allad
Fast Track Realty, LLC
List Price
$6,700
Sold Price
$7,100
Premium/Discount to List
$400
5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.74%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Jeans Katie Mae
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 24, 1995
Bought by
Jeans Katie M
Source: Public Records

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Range of Values:

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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
J & T Realty Enterprise Llc -- Sure Title
Reid James $45,000 Excel Title & Escrow
Caffey Tonya T $7,100 None Available
Secretary Of Hud -- None Available
Jeans Katie M $36,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $45,000 -35.6% $28 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $69,900 +884.5% $44 / Sq Ft
05/02/2013 05/02/13 Sold $7,100 +6.0% $5 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $6,700 -- $5 / 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 -- $15,675 $2,000 $13,675
2024 $349 $10,300 $1,000 $9,300
2023 $627 $10,300 $1,000 $9,300
2022 $627 $10,300 $1,000 $9,300
2021 $635 $10,300 $1,000 $9,300
2020 $759 $10,475 $1,000 $9,475
2019 $759 $10,475 $1,000 $9,475
2018 $759 $10,475 $1,000 $9,475
2017 $431 $10,475 $1,000 $9,475
2016 $349 $7,975 $0 $0
2014 $349 $7,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10178168

Memphis Area Association of REALTORS®

APN: 03-5015-0-0015