NOT LISTED FOR SALE

3447 Madewell St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $71,000 - $95,511

3 Beds
1 Bath
1,200-1,399 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $72,222 $52 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $459/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of August 2024

Prefect for any investor looking for high returns. Add the in your portfolio today! Currently rented at $865/month 25 Package Deal all are rented and cash flowing! Investors have the flexibility to purchase properties individually, in multiples. The package includes 25 properties for a total price of $1,875,000, generating a combined monthly rental income of $21,841. All properties are in rental-grade condition. Call today for the list of the properties.

Last Agent to Sell the Property

Jeffery Sample

eXp Realty, LLC License #357739 Listed on: 06/17/2024

eXp Realty, LLC

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1955

Lot Details

  • 0.31

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,216 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Level Lot
  • Central Heating and Cooling System

Community Details

  • Ridgecrest Fourth Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-0001-0-0042

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 7261
  • MAAR Subdivision Name: RIDGECREST FOURTH ADDITION
  • Number Of Stories: 1
  • Price Per Sq Ft: 59.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1216
  • Year Built: 1955
  • List Price/ Sq Ft: 62
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 31
  • Lot Size: 13300
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 07-0001-0-0042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Ashley Homes Llc
Bought by
Ashley Homes Ii Llc
Current Estimated Value
$77,628

Purchase Details

Closed on
Oct 29, 2020
Sold by
Hicks Robbie Ann
Bought by
Ashley Homes Llc

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 13, 2014
Sold by
Fannie Mae
Bought by
Hicks Robbie Ann
Seller's Agent
Shane Fortune
Fortune Realty LLC
Buyer's Agent
Judy Smith
Enterprise, REALTORS
List Price
$22,900
Sold Price
$16,750
Premium/Discount to List
-$6,150
-26.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Banks Darrell D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 2, 2005
Sold by
Riverbank Investment Inc
Bought by
Banks Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Charter One Mortgage Corp
Bought by
Riverbank Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2005
Sold by
Craft Gurney B
Bought by
Charter One Mortgage Corp
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
Ashley Homes Ii Llc -- None Available
Ashley Homes Llc $115,000 None Available
Hicks Robbie Ann $16,750 None Available
Federal National Mortgage Association $46,751 None Available
Banks Darrell -- Title Enterprises Llc
Riverbank Investment Inc $26,000 Realty Title
Charter One Mortgage Corp $29,801 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riverbank Investment Inc $26,000
Previous Owner Craft Gurney B $10,000
Previous Owner Craft Gurney B $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $72,222 -3.7% $60 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $75,000 -6.3% $63 / Sq Ft
06/17/2024 06/17/24 For Sale $80,000 +377.6% $67 / Sq Ft
06/13/2014 06/13/14 Sold $16,750 -26.9% $17 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $22,900 -- $23 / 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 $449 $19,675 $1,775 $17,900
2024 $449 $13,250 $1,525 $11,725
2023 $807 $13,250 $1,525 $11,725
2022 $807 $13,250 $1,525 $11,725
2021 $817 $13,250 $1,525 $11,725
2020 $705 $9,725 $1,525 $8,200
2019 $311 $9,725 $1,525 $8,200
2018 $311 $9,725 $1,525 $8,200
2017 $318 $9,725 $1,525 $8,200
2016 $408 $9,325 $0 $0
2014 $408 $9,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeffery Sample

    eXp Realty, LLC

    (901) 801-2413

    31 in this area

    69 Total Sales

    Jeffery Sample
    Section Image

  • D

    Buyer's Agent in 2024

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    43 in this area

    127 Total Sales

    Duane Kinnard
    Section Image

  • S

    Seller's Agent in 2014

    Shane Fortune

    Fortune Realty LLC

  • J

    Buyer's Agent in 2014

    Judy Smith

    Enterprise, REALTORS

    (901) 569-0403

    30 Total Sales

    Judy Smith
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10174870

Memphis Area Association of REALTORS®

APN: 07-0001-0-0042

Tennessee Shelby County Memphis 38127 Frayser

3447 Madewell St, Memphis, TN

This home is located at 3447 Madewell St, Memphis, TN 38127 since 17 June 2024 and is currently estimated at $77,628, approximately $55 per square foot. This property was built in 1955. 3447 Madewell St is a home located in Shelby County with nearby schools including Cornerstone Prep Denver Campus, Martin Luther King Preparatory High School, and Pathways In Education - Tn.

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