NOT LISTED FOR SALE

3458 Sharpe Ave Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $135,000 - $150,298

3 Beds
2 Baths
2,006 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $49,900 $25 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $786/month

18 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Separate Formal Living Room
  • All Bedrooms Downstairs
  • Main Floor Primary Bedroom
  • Den with Fireplace

About This Home

As of August 2020

AS IS SALE-SELLER WILL NOT MAKE REPAIRS OR CONNECT UTILITIES-LOOKING PREFERABLY FOR CASH OFFERS WITH NO CONTINGENCIES-WILL NOT QUALIFY FOR FHA LENDING-SUBJECT NEEDS INTERIOR/EXTERIOR REPAIRS-UTILITIES HAVE BEEN DISCONNECTED SINCE 6/28/2018.

Last Agent to Sell the Property

Tony Sansone

The Carter Group LLC, REALTORS License #281921 Listed on: 07/10/2020

Last Buyer's Agent

Tony Sansone

The Carter Group LLC, REALTORS License #281921 Listed on: 07/10/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x195
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,006 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Den with Fireplace
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • All Bedrooms Down
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Community Details

  • Elam Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 058017 00031

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0.44 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ELAM
  • Corporate Own: Yes
  • List Price Per Sq Ft: 21
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2006
  • Year Built: 1936
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Carpet, Level 2
  • Bedroom 3 Description: Carpet, Level 2
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen, Pantry
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Carpet, Level 1

Exterior Features

  • Misc Exterior: Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: PT 4
  • Acreage: 0.44
  • Lot Size: 100X195

Tax Info

  • Assessor Parcel Number: 058017 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Craig Solo 401K Trust
Bought by
Hall Caleb Alexander
Current Estimated Value
$140,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$86,892
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$53,541

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 6, 2020
Sold by
U S Bank Trust National Association
Bought by
Craig Derrick and The Craig Solo 401K Trusts
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Tony Sansone
The Carter Group LLC, REALTORS
List Price
$42,000
Sold Price
$49,900
Premium/Discount to List
$7,900
18.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Closed on
May 30, 2020
Sold by
Woods Maurice and Boyd Donna
Bought by
Rmbs Reo Holdings Llc

Purchase Details

Closed on
Aug 22, 2013
Sold by
Woods Maurice Christopher
Bought by
Woods Donna Ruth

Purchase Details

Closed on
May 30, 2008
Sold by
Rucker Laquita
Bought by
Woods Maurice and Boyd Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,433
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2006
Sold by
Wells Fargo Bank Na
Bought by
Rucker Laquita

Purchase Details

Closed on
Jun 29, 2004
Sold by
W C Enterprises
Bought by
Green Carolena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,650
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Wc Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,650
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2004
Sold by
Bridgeforth Calvin
Bought by
Wells Fargo Bank Minnesota Na and Amresco Residential Securities Corp Mort

Purchase Details

Closed on
Sep 1, 1999
Sold by
Calvin Bridgeforth and Calvin Regina E
Bought by
Bridgeforth Calvin and Washington Regina E

Purchase Details

Closed on
May 19, 1998
Sold by
Jernigan Cecil L
Bought by
Bridgeforth Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,695
Interest Rate
7.15%

Purchase Details

Closed on
Dec 6, 1996
Sold by
Rickman Mack
Bought by
Jernigan Cecil L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hall Caleb Alexander $115,900 Executive Title & Closing
Craig Derrick $49,900 Multiple
Towd Point Master Fuunding Trusts -- Multiple
Rmbs Reo Holdings Llc $67,500 None Available
Woods Donna Ruth -- None Available
Woods Maurice $94,900 Realty Title & Escrow Co Inc
Rucker Laquita $29,500 None Available
Green Carolena $130,000 Equity Title & Escrow Co
Wc Enterprises $50,000 Equity Title & Escrow Co
Wells Fargo Bank Minnesota Na $79,980 --
Bridgeforth Calvin -- --
Bridgeforth Calvin -- --
Bridgeforth Calvin $85,000 Universal Title & Escrow Llc
Bridgeforth Calvin $85,000 Universal Title & Escrow Llc
Jernigan Cecil L $80,000 Universal Title & Escrow Llc
Jernigan Cecil L $80,000 Universal Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Caleb Alexander $92,000
Previous Owner Woods Maurice $93,433
Previous Owner Green Carolena $88,650
Previous Owner Bridgeforth Calvin $73,695
Previous Owner Jernigan Cecil L $64,000
Closed Bridgeforth Calvin $7,055
Closed Green Carolena $4,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $49,900 +18.8% $25 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $42,000 -- $21 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $754 $44,700 $2,150 $42,550
2024 $754 $22,250 $1,700 $20,550
2023 $1,355 $22,250 $1,700 $20,550
2022 $1,355 $22,250 $1,700 $20,550
2021 $1,371 $27,275 $1,700 $25,575
2020 $1,391 $19,200 $1,700 $17,500
2019 $614 $19,200 $1,700 $17,500
2018 $614 $19,200 $1,700 $17,500
2017 $628 $19,200 $1,700 $17,500
2016 $743 $17,000 $0 $0
2014 $743 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tony Sansone

    The Carter Group LLC, REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080352

Memphis Area Association of REALTORS®

APN: 05-8017-0-0031

Tennessee Shelby County Memphis 38111 East Memphis

3458 Sharpe Ave, Memphis, TN

Not Listed for Sale

Detached

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