NOT LISTED FOR SALE

3522 Stuart Rd Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $172,000 - $228,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $135,000 $75 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,073/month

131 Days on Market

Highlights

  • Gated Parking
  • Burglar Security System
  • Landscaped
  • Traditional Architecture
  • Tile Flooring
  • Ceiling height of 9 feet or more

About This Home

As of September 2020

Completely remodeled home in Sherwood Forest. Large open front house 2bedroom 1 bath 1008 sq. ft. , large living/dining/den in front - nice bedrooms & large bathroom. New kitchen, eat-in area, laundry. Security Gate Back house features 2 stories, 605 sq. ft. - 1 bedroom, 1 bath - kitchen, laundry. Plenty of space. Great for investors, AirBnb. Owner/Occupant - Rental - AirBnB, all work here. Electrical, Plumbing, HVAC, Fixtures, driveway - all brand new. House has been given its 2nd life!

Last Agent to Sell the Property

Andrew Magdovitz

Rick Baer Realty License #318224 Listed on: 05/13/2020

Last Buyer's Agent

Andrew Magdovitz

Rick Baer Realty License #318224 Listed on: 05/13/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,008 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • Aluminum Window Frames
  • Combination Dining and Living Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway
  • Gated Parking

Outdoor Features

  • Cove

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Voluntary home owners association
  • Normal Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058046 00131

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 159
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1008
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling, Sprayed Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s), Iron Door(s)

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: SW PT 27
  • Acreage: 0.17
  • Lot Size: 7248SF

Tax Info

  • Assessor Parcel Number: 058046 00131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Aug 31, 2020
Sold by
Moss Larry
Bought by
Lewis Raven
Seller's Agent
Andrew Magdovitz
Rick Baer Realty
Buyer's Agent
Andrew Magdovitz
Rick Baer Realty
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Current Estimated Value
$188,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,373
Avg. Annual Appreciation
6.38%
Original Mortgage
$123,717
Outstanding Balance
$109,791
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$78,582

Purchase Details

Closed on
Nov 12, 2019
Sold by
Jackson Frank
Bought by
Moss Larry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lewis Raven $155,000 None Available
Moss Larry $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Raven $123,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $135,000 -15.6% $84 / Sq Ft
05/13/2020 05/13/20 For Sale $160,000 -- $100 / 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 $1,259 $52,275 $3,875 $48,400
2024 $1,259 $37,150 $2,700 $34,450
2023 $2,263 $37,150 $2,700 $34,450
2022 $2,263 $37,150 $2,700 $34,450
2021 $2,290 $37,150 $2,700 $34,450
2020 $996 $13,750 $1,925 $11,825
2019 $439 $13,750 $1,925 $11,825
2018 $439 $13,750 $1,925 $11,825
2017 $450 $13,750 $1,925 $11,825
2016 $516 $11,800 $0 $0
2014 $516 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Magdovitz

    Seller's Agent in 2020

    Andrew Magdovitz

    Rick Baer Realty

    (901) 438-8315

    1 in this area

    12 Total Sales

    Andrew Magdovitz
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076429

Memphis Area Association of REALTORS®

APN: 05-8046-0-0131

Tennessee Shelby County Memphis 38111 East Memphis

3522 Stuart Rd, Memphis, TN

Not Listed for Sale

Detached

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