NOT LISTED FOR SALE

3464 Mayflower Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $108,000 - $127,000

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $53,000 $29 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $644/month

About This Home

As of December 2020

Attention investors! Check out this tenant occupied SFR in the Berclair area. The tenant is currently paying $650/Month in rent and their lease is set to expire on 2/8/21. Make your offer today before it is gone! Do not disturb the tenants, make your offer contingent upon inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/02/2020

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $422

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,678 Sq Ft Home
  • 1.2-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • E O Bailey Blk 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043054 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$422

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 751B
  • MAAR Subdivision Name: E O BAILEY BLK 4
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 31.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1678
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Lot Info

  • Lot Number: 19
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 352353

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 043054 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 31, 2020
Sold by
Torres Steven and Gomez Alma
Bought by
Smits Scott E and Smits Rebekah D
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%
Current Estimated Value
$115,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,338
Avg. Annual Appreciation
14.74%

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 22, 2018
Sold by
Clutch Invetmnts Llc
Bought by
Torres Steven and Gomez Aima
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
Aug 9, 2017
Sold by
Meeks Jake E and Meeks Emily L
Bought by
Clutch Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2007
Sold by
Higdon Billy J
Bought by
Meeks Jake and Meeks Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
6.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 21, 2002
Sold by
Rambo Beatrice B
Bought by
Hud

Purchase Details

Closed on
Feb 11, 2000
Sold by
Matlock Investment
Bought by
Rambo Beatrice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,971
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1999
Sold by
Worthington Rose W
Bought by
Matlock Investments
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
Smits Scott E $53,000 Memphis Title Co
Torres Steven $50,000 Closing & Title Svcs
Clutch Investments Llc -- None Available
Meeks Jake $45,500 None Available
Hud $62,773 --
Rambo Beatrice B $56,000 --
Matlock Investments $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smits Scott E $78,750
Previous Owner Clutch Investments Llc $1,400,000
Previous Owner Torres Steven $37,500
Previous Owner Meeks Jake $45,500
Previous Owner Rambo Beatrice B $55,971
Closed Rambo Beatrice B $3,453
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $53,000 -11.5% $33 / Sq Ft
11/02/2020 11/02/20 For Sale $59,900 +19.8% $37 / Sq Ft
06/22/2018 06/22/18 Sold $50,000 0.0% $31 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $50,000 -- $31 / 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 $422 $29,675 $2,750 $26,925
2024 $422 $12,450 $1,125 $11,325
2023 $758 $12,450 $1,125 $11,325
2022 $758 $12,450 $1,125 $11,325
2021 $767 $12,450 $1,125 $11,325
2020 $623 $8,600 $1,125 $7,475
2019 $275 $8,600 $1,125 $7,475
2018 $275 $8,600 $1,125 $7,475
2017 $281 $8,600 $1,125 $7,475
2016 $326 $7,450 $0 $0
2014 $326 $7,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2020

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    51 in this area

    1,428 Total Sales

    Dean Harris
    Section Image
  • Tyler Tapley

    Buyer's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    79 in this area

    1,224 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088050

Memphis Area Association of REALTORS®

APN: 04-3054-0-0012

Tennessee Shelby County Memphis 38122 Berclair

3464 Mayflower Ave, Memphis, TN

This home is located at 3464 Mayflower Ave, Memphis, TN 38122 since 02 November 2020 and is currently estimated at $115,338, approximately $64 per square foot. This property was built in 1941. 3464 Mayflower Ave is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Douglass High School.

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