NOT LISTED FOR SALE

3461 Vernon Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $44,000 - $85,000

2 Beds
1 Bath
999 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $41,000 $41 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $406/month

Highlights

  • Updated Kitchen
  • Landscaped
  • Remodeled Bathroom
  • Traditional Architecture
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of November 2021

INVESTORS ONLY. Tenant Occupied. DO NOT APPROACH OR DISTURB TENANT. Tenant has two year lease. Property has a new roof, windows, plumbing, electrical, sheetrock, new luxury vinyl flooring, and new vinyl windows.

Last Agent to Sell the Property

Melody Martin

4 Success Realty, LLC License #293951 Listed on: 10/27/2021

4 Success Realty, LLC

Last Buyer's Agent

Melody Martin

4 Success Realty, LLC License #293951 Listed on: 10/27/2021

4 Success Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $313

Year Built

  • Built in 1932

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Landscaped
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 999 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Vinyl Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • E O Bailey Blk 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043070 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$313

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 751B
  • MAAR Subdivision Name: E O BAILEY BLK 10
  • List Price Per Sq Ft: 46
  • Number Of Stories: 1
  • Price Per Sq Ft: 41.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 999
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 2
  • Floors/Ceilings: Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 79
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 270000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 043070 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 2, 2021
Sold by
Bullard Christopher
Bought by
Mejia Maria Eduviges Perez
Seller's Agent
Melody Martin
4 Success Realty, LLC
Buyer's Agent
Melody Martin
4 Success Realty, LLC
List Price
$45,900
Sold Price
$41,000
Premium/Discount to List
-$4,900
-10.68%
Current Estimated Value
$70,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,289
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Jul 1, 2018
Sold by
Goodwin Phyllis
Bought by
Bullard Chirstopher

Purchase Details

Closed on
Jan 12, 2010
Sold by
T & R Investments Of Tennessee Llc
Bought by
Densford Rena

Purchase Details

Closed on
Jun 23, 1999
Sold by
Densford Raymon R and Densford Rena M
Bought by
T & R Investments Of Tn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
7.73%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Mejia Maria Eduviges Perez $41,000 Preferred Title & Escrow Ins
Bullard Chirstopher -- None Available
Densford Rena $16,432 None Available
T & R Investments Of Tn Llc $33,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T & R Investments Of Tn Llc $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $41,000 -10.7% $41 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $45,900 -- $46 / 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 $313 $12,900 $2,350 $10,550
2024 $313 $9,225 $1,525 $7,700
2023 $562 $9,225 $1,525 $7,700
2022 $562 $9,225 $1,525 $7,700
2021 $668 $9,225 $1,525 $7,700
2020 $592 $8,175 $1,275 $6,900
2019 $261 $8,175 $1,275 $6,900
2018 $261 $8,175 $1,275 $6,900
2017 $267 $8,175 $1,275 $6,900
2016 $329 $7,525 $0 $0
2014 $329 $7,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melody Martin

    Seller's Agent in 2021

    Melody Martin

    4 Success Realty, LLC

    (901) 859-2458

    3 in this area

    98 Total Sales

    Melody Martin
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10111571

Memphis Area Association of REALTORS®

APN: 04-3070-0-0002

Tennessee Shelby County Memphis 38122 Berclair

3461 Vernon Ave, Memphis, TN

This home is located at 3461 Vernon Ave, Memphis, TN 38122 since 27 October 2021 and is currently estimated at $70,289, approximately $70 per square foot. This property was built in 1932. 3461 Vernon Ave is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Kingsbury High School.

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