NOT LISTED FOR SALE

3475 Chowning Rd Memphis, TN 38135

Estimated Value: $147,000 - $174,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $126,900 $106 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $992/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • 1-Story Property
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

As of November 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $1075 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 08/11/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1989

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 129x127
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,183 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Vista Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087027 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: VISTA HEIGHTS
  • List Price Per Sq Ft: 107
  • Number Of Stories: 1
  • Price Per Sq Ft: 107.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1183
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.37
  • Lot Size: 129X127
  • Price Per Acre: 342973

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087027 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Nov 24, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Azevedo John and Azevedo John Stanley
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$126,900
Sold Price
$126,900
Current Estimated Value
$170,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,123
Avg. Annual Appreciation
6.41%
Original Mortgage
$101,520
Outstanding Balance
$91,159
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$79,003

Purchase Details

Closed on
Jul 24, 2020
Sold by
Yuswardy Ryvano
Bought by
Memphis Investments Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2010
Sold by
Gp Memphis Cash Flow
Bought by
Yuswardy Ryvano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2010
Sold by
Bancorpsouth Bank
Bought by
Lcs Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Mcswain Family Lp
Bought by
Bancorpsouth Bank
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
Azevedo John $126,900 Delta Title Services Llc
Memphis Investments Properties Ii Llc $75,000 None Available
Yuswardy Ryvano $46,133 None Available
Gp Memphis Cash Flow -- None Available
Lcs Companies Llc $117,000 Saddle Creek Title
Bancorpsouth Bank $2,310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azevedo John $101,520
Previous Owner Memphis Investments Properties Ii Llc $110,000
Previous Owner Yuswardy Ryvano $52,500
Previous Owner Yuswardy Ryvano $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $126,900 0.0% $127 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $126,900 -- $127 / 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 $1,064 $36,325 $5,000 $31,325
2024 $1,064 $31,375 $3,875 $27,500
2023 $1,911 $31,375 $3,875 $27,500
2022 $1,911 $31,375 $3,875 $27,500
2021 $1,082 $31,375 $3,875 $27,500
2020 $1,350 $18,625 $3,875 $14,750
2019 $595 $18,625 $3,875 $14,750
2018 $595 $18,625 $3,875 $14,750
2017 $609 $18,625 $3,875 $14,750
2016 $642 $14,700 $0 $0
2014 $770 $17,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082536

Memphis Area Association of REALTORS®

APN: 08-7027-0-0003