NOT LISTED FOR SALE

3469 Hester Ave Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $117,000 - $153,000

3 Beds
2 Baths
1,714 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $10,000 $6 Per Sq Ft

Est. 1,196% increase in value since last sale

Current estimated payment $751/month

152 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Wood Fence
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of August 2016

Impressive collection of properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachments.

Last Agent to Sell the Property

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 02/26/2016

Last Buyer's Agent

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 02/26/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Eastmoor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058014 00017

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: EASTMOOR
  • List Price Per Sq Ft: 9
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1714
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 181
  • Acreage: 0.16
  • Lot Size: 60 X 123.27/123.66

Tax Info

  • Assessor Parcel Number: 058014 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Aug 5, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Morales Maria G
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$17,500
Sold Price
$10,000
Premium/Discount to List
-$7,500
-42.86%
Current Estimated Value
$129,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,574
Avg. Annual Appreciation
30.40%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Memphis Investment Properties Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Jul 23, 2013
Sold by
Reedy James E and Reedy Debra L
Bought by
Memphis Investments Properties Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Memphis Investment Properties Llc
Bought by
Reedy Debra L

Purchase Details

Closed on
Oct 31, 2006
Sold by
Federal National Mortgage Association
Bought by
Memphis Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Williams Fred Kirkwood
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2005
Sold by
Williams Fred K
Bought by
Affordable Home Properties

Purchase Details

Closed on
Nov 3, 2004
Sold by
Affordable Home Properties
Bought by
Williams Fred Kirkwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Strickland Lachette R and Strickland Dorothy L
Bought by
Hud

Purchase Details

Closed on
Aug 4, 1998
Sold by
Morris Kwane
Bought by
Strickland Lachette R and Strickland Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,093
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1997
Sold by
Kirsch Joe M
Bought by
Hud

Purchase Details

Closed on
Aug 23, 1994
Bought by
Boyd Ronald K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Maria G $10,000 None Available
Wim Real Estate Investments I Llc $81,222 None Available
Memphis Investments Properties Llc -- None Available
Reedy Debra L -- None Available
Memphis Investments Properties Llc $43,000 Tam Title & Escrow Llc
Federal National Mortgage Association $57,200 --
Affordable Home Properties -- --
Williams Fred Kirkwood $57,000 --
Hud $67,178 --
Strickland Lachette R $55,000 --
Strickland Lachette R $55,000 --
Hud $52,610 --
Hud $52,610 --
Boyd Ronald K $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investments Properties Llc $50,000
Previous Owner Williams Fred Kirkwood $54,150
Previous Owner Strickland Lachette R $56,093
Closed Strickland Lachette R $2,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $10,000 -42.9% $6 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $17,500 -- $10 / 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 $707 $36,225 $1,975 $34,250
2024 $707 $20,850 $1,575 $19,275
2023 $1,270 $20,850 $1,575 $19,275
2022 $1,270 $20,850 $1,575 $19,275
2021 $1,285 $20,850 $1,575 $19,275
2020 $1,000 $13,800 $1,575 $12,225
2019 $1,000 $13,800 $1,575 $12,225
2018 $1,000 $13,800 $1,575 $12,225
2017 $567 $13,800 $1,575 $12,225
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Malvezzi

    CB Properties of Memphis, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971380

Memphis Area Association of REALTORS®

APN: 05-8014-0-0017

Tennessee Shelby County Memphis 38111 East Memphis

3469 Hester Ave, Memphis, TN

Not Listed for Sale

Detached

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