NOT LISTED FOR SALE

3475 Powell Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $122,000 - $153,000

2 Beds
1 Bath
1,651 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $102,500 $62 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $751/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System
  • Porch
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of June 2021

Occupied investment property in a hot investor area! DO NOT DISTURB OR APPROACH TENANTS Investors Only. 100% Occupied at $1020 per month. New roof 2018, HVAC 2016 & 2017. No showings/inspections without an accepted offer.

Last Agent to Sell the Property

Debbie Holtermann

Coldwell Banker Collins-Maury License #330674 Listed on: 05/11/2021

Coldwell Banker Collins-Maury

Co-Listed By

Larry Holtermann

Coldwell Banker Collins-Maury License #332292

Last Buyer's Agent

Sophie West

KAIZEN Realty, LLC License #359098

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Powell Highland Blk 14 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 038040 00037

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Highland
  • Second Address Number: 3477
  • MAAR Subdivision Name: POWELL-HIGHLAND BLK 14
  • Freestanding: Yes
  • List Price Per Sq Ft: 59
  • Number Of Stories: 1
  • Estimated Sq Ft: 1651
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wall to Wall Carpet, Tile, Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 1600-1799
  • Miscellaneous Interior: Excl Some Window Treatmnt

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 0.22
  • Lot Size: 50X200

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 038040 00037

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 3, 2021
Sold by
Cohen David J and Cohen Diane Z
Bought by
Mnz Real Estate Holdings Llc
Seller's Agent
Debbie Holtermann
Coldwell Banker Collins-Maury
Buyer's Agent
Sophie West
KAIZEN Realty, LLC
List Price
$98,000
Sold Price
$102,500
Premium/Discount to List
$4,500
4.59%
Current Estimated Value
$132,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,759
Avg. Annual Appreciation
5.44%

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 10, 2017
Sold by
Terry Susanne Ligon
Bought by
Cohen David J and Cohen Diane Z
Seller's Agent
Harriet Bradley
REMAX Experts
Buyer's Agent
Debbie Holtermann
Coldwell Banker Collins-Maury
List Price
$39,900
Sold Price
$40,073
Premium/Discount to List
$173
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.19%

Purchase Details

Listed on
Oct 16, 2017
Closed on
Sep 22, 2017
Sold by
Ligon Rachel Ruth
Bought by
Terry Susanne Ligon and Faulkner Susanne Ligon
Seller's Agent
Harriet Bradley
REMAX Experts
Buyer's Agent
Debbie Holtermann
Coldwell Banker Collins-Maury
List Price
$39,900
Sold Price
$40,073
Premium/Discount to List
$173
0.43%

Purchase Details

Closed on
Dec 22, 2009
Sold by
Ligon Robert Knox
Bought by
Ligon Robert Knox and Ligon Rachel Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mnz Real Estate Holdings Llc $102,500 Lendserv National Title
Cohen David J $40,073 None Available
Terry Susanne Ligon -- None Available
Ligon Robert Knox -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2021 06/03/21 Sold $102,500 +4.6% $62 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $98,000 +144.6% $59 / Sq Ft
11/10/2017 11/10/17 Sold $40,073 +0.4% $24 / Sq Ft View Prior Sale
10/23/2017 10/23/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $39,900 -- $24 / 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 $666 $34,960 $4,400 $30,560
2024 $666 $19,640 $1,800 $17,840
2023 $1,196 $19,640 $1,800 $17,840
2022 $1,196 $19,640 $1,800 $17,840
2021 $678 $19,640 $1,800 $17,840
2020 $1,290 $17,800 $1,800 $16,000
2019 $569 $17,800 $1,800 $16,000
2018 $569 $17,800 $1,800 $16,000
2017 $582 $17,800 $1,800 $16,000
2016 $725 $16,600 $0 $0
2014 $725 $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Holtermann

    Seller's Agent in 2021

    Debbie Holtermann

    Coldwell Banker Collins-Maury

    (901) 389-8948

    2 in this area

    103 Total Sales

    Debbie Holtermann
    Section Image
  • Larry Holtermann

    Seller Co-Listing Agent in 2021

    Larry Holtermann

    Coldwell Banker Collins-Maury

    (901) 619-3231

    1 in this area

    107 Total Sales

    Larry Holtermann
    Section Image
  • Sophie West

    Buyer's Agent in 2021

    Sophie West

    KAIZEN Realty, LLC

    (901) 609-0342

    1 in this area

    6 Total Sales

    Sophie West
    Section Image

  • H

    Seller's Agent in 2017

    Harriet Bradley

    RE/MAX

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099036

Memphis Area Association of REALTORS®

APN: 03-8040-0-0037

Tennessee Shelby County Memphis 38122 Berclair

3475 Powell Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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