NOT LISTED FOR SALE

3495 Gowan Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $116,000 - $136,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $125,870 $79 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $698/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of February 2023

Investment opportunity available. Brick home on a corner lot. Tenant occupied and cash flowing. Home was substantially rehabbed in late 2022. Currently rented for $1300/mo, 1k security deposit. No wholesale or assignments. DO NOT APPROACH OR DISTURB TENANT, NO INTERIOR ACCESS WITHOUT AN ACCEPTED CONTRACT. Bulk sale opportunity, can buy individually or in bulk. Seller has multiple homes for sale. Addresses are 1781 Woodburn, 3667 Southland, 3516 Suzanne, 2984 Waverly, 3495 Gowan.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/12/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 88x147
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,525 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Pleasant Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070050 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PLEASANT VALLEY
  • List Price Per Sq Ft: 89
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1525
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 22
  • Acreage: 0.3
  • Lot Size: 88X147

Tax Info

  • Assessor Parcel Number: 070050 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 16, 2023
Sold by
Better Properties Llc
Bought by
Bernstein Gregory and Bernstein Erin
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$135,000
Sold Price
$125,870
Premium/Discount to List
-$9,130
-6.76%
Views
18
Current Estimated Value
$123,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,012
Avg. Annual Appreciation
-0.60%
Original Mortgage
$94,403
Outstanding Balance
$91,441
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$32,417

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 4, 2022
Sold by
Mhv1 Llc
Bought by
Better Properties Llc
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.11%

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jun 22, 2022
Sold by
Wilson & Associates Pllc
Bought by
Mhv1 Llc
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Yarbrough Tommy K and Franks Deborah C
Bought by
Williams Johnnie Fred and Williams Jo Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,566
Interest Rate
7.83%
Mortgage Type
FHA
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
Bernstein Gregory $125,870 Local Title
Better Properties Llc $62,000 Apperson Crump Plc
Mhv1 Llc $50,000 Wilson & Associates Pllc
Williams Johnnie Fred $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Gregory $94,403
Previous Owner Williams Johnnie Fred $57,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2023 02/16/23 Sold $125,870 -6.8% $90 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $135,000 +117.7% $96 / Sq Ft
08/04/2022 08/04/22 Sold $62,000 -4.5% $62 / Sq Ft View Prior Sale
07/10/2022 07/10/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $64,900 0.0% $65 / Sq Ft
07/10/2022 07/10/22 For Sale $64,900 -7.2% $65 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $69,900 -- $70 / 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 $589 $33,925 $1,775 $32,150
2024 $589 $17,375 $1,525 $15,850
2023 $1,058 $17,375 $1,525 $15,850
2022 $1,058 $17,375 $1,525 $15,850
2021 $1,071 $17,375 $1,525 $15,850
2020 $940 $12,975 $1,525 $11,450
2019 $415 $12,975 $1,525 $11,450
2018 $415 $12,975 $1,525 $11,450
2017 $424 $12,975 $1,525 $11,450
2016 $542 $12,400 $0 $0
2014 $542 $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2023

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    160 in this area

    1,201 Total Sales

    Tyler Tapley
    Section Image
  • Dean Harris

    Buyer's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    215 in this area

    1,439 Total Sales

    Dean Harris
    Section Image
  • Camela Henke

    Seller's Agent in 2022

    Camela Henke

    Enterprise, REALTORS

    (901) 626-2990

    20 in this area

    304 Total Sales

    Camela Henke
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10140287

Memphis Area Association of REALTORS®

APN: 07-0050-0-0002

Tennessee Shelby County Memphis 38127 Frayser

3495 Gowan Dr, Memphis, TN

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