NOT LISTED FOR SALE

346 Modder Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $62,000 - $69,503

2 Beds
1 Bath
100-999 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $65,000 $65 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $365/month

81 Days on Market

Highlights

  • Updated Kitchen
  • Corner Lot
  • 1-Story Property
  • Traditional Architecture
  • Porch
  • 4-minute walk to Martin Luther King Jr. Riverside Park

About This Home

As of April 2023

Investor Special! This property sits on a corner lot and has been completely renovated. Turnkey Ready. Has a new roof. Target rent is 900-950

Last Agent to Sell the Property

Sherrie Nolen

Miller Martin Realty License #341663 Listed on: 01/04/2023

Last Buyer's Agent

Timothy Nix

eXp Realty, LLC License #340345

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 38x98
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 725 Sq Ft Home
  • 1-Story Property
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Carport
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • Arcadian Hgts Blk 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035026 00003

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747A
  • MAAR Subdivision Name: ARCADIAN HEIGHTS BLK 3
  • List Price Per Sq Ft: 90
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 725
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Parking Display: C0
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: PT 32 +
  • Acreage: 0.09
  • Lot Size: 38X98
  • Price Per Acre: 722222

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 035026 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Real Asset Invest Llc
Bought by
Fof Tn Llc
Current Estimated Value
$66,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Outstanding Balance
$45,680
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$20,696

Purchase Details

Listed on
Jan 4, 2023
Closed on
Apr 3, 2023
Sold by
Moore Nkosi
Bought by
Thorstrom Tyler and Thorstrom Michelle
Seller's Agent
Sherrie Nolen
Miller Martin Realty
Buyer's Agent
Timothy Nix
eXp Realty, LLC
List Price
$65,000
Sold Price
$65,000
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%

Purchase Details

Closed on
Nov 16, 2022
Sold by
South City Memphis Llc
Bought by
Moore Nkosi

Purchase Details

Closed on
Jun 16, 2021
Sold by
Shelby County Chancery Court
Bought by
South City Memphis Llc

Purchase Details

Closed on
Jun 9, 2021
Sold by
Shelby County Chancery Court
Bought by
South City Memphis Llc
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
Fof Tn Llc $67,000 None Listed On Document
Real Asset Invest Llc $50,000 None Listed On Document
Thorstrom Tyler $65,000 Executive Title & Closing
Moore Nkosi $32,500 --
South City Memphis Llc $7,710 None Listed On Document
South City Memphis Llc $7,710 Gallagher Gregory S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fof Tn Llc $54,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $65,000 0.0% $650 / Sq Ft
03/27/2023 03/27/23 For Sale $65,000 0.0% $650 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/15/2023 03/15/23 Off Market $65,000 -- --
01/04/2023 01/04/23 For Sale $65,000 -- $650 / 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 -- $16,800 $1,250 $15,550
2024 $206 $9,175 $875 $8,300
2023 $370 $6,075 $875 $5,200
2022 $206 $6,075 $875 $5,200
2021 $440 $6,075 $875 $5,200
2020 $377 $5,200 $875 $4,325
2019 $166 $5,200 $875 $4,325
2018 $166 $5,200 $875 $4,325
2017 $170 $5,200 $875 $4,325
2016 $244 $5,575 $0 $0
2014 $244 $5,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherrie Nolen

    Seller's Agent in 2023

    Sherrie Nolen

    Miller Martin Realty

    (901) 395-3326

    1 in this area

    9 Total Sales

    Sherrie Nolen
    Section Image
  • Timothy Nix

    Buyer's Agent in 2023

    Timothy Nix

    eXp Realty, LLC

    (901) 502-7035

    2 in this area

    56 Total Sales

    Timothy Nix
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139830

Memphis Area Association of REALTORS®

APN: 03-5026-0-0003

Tennessee Shelby County Memphis 38109 South Memphis

346 Modder Ave, Memphis, TN

This home is located at 346 Modder Ave, Memphis, TN 38109 since 04 January 2023 and is currently estimated at $66,376, approximately $66 per square foot. This property was built in 1959. 346 Modder Ave is a home located in Shelby County with nearby schools including Riverview Middle School, Hamilton High School, and Vision Preparatory Charter School.

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