NOT LISTED FOR SALE

3523 Vanuys Rd Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $104,000 - $172,000

2 Beds
1 Bath
1,576 Sq Ft
$83/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $100,000 $63 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $746/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Brick Veneer
  • Combination Dining and Living Room
  • 2-minute walk to Sherwood Park

About This Home

As of March 2024

Great opportunity in 38111; Brick duplex with 2br/1ba per side; One side occupied at $610/month since March 2019. Tenant is month to month. One side currently vacant. DO NOT APPROACH OR DISTURB TENANT. Vacant side can be viewed. Property is sold subject to tenants rights. Property is sold "as is". Cash offers with minimal contingencies given highest priority. Please use attached docs when submitting any offer. Also available from the same owner: 44-46 N. Holmes Rd. MLS: 10164881

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 01/31/2024

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • Riegle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059088 00050

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3525
  • MAAR Subdivision Name: SHERWOOD FOREST
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1576
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.14
  • Lot Size: 50X125

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 059088 00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Liu Tony
Bought by
Serenity Assets Llc
Current Estimated Value
$130,581

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 15, 2024
Sold by
Franco Elliott and Franco Dennell
Bought by
Liu Tony
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%

Purchase Details

Listed on
Oct 6, 2018
Closed on
Nov 16, 2018
Sold by
Premium Acquistions Llc
Bought by
Elliott Franco and Franco Dannell
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%

Purchase Details

Listed on
Apr 9, 2012
Closed on
Oct 5, 2012
Sold by
Veeser Margaret Ingram
Bought by
Premium Acquisitions Llc
Seller's Agent
Brandon Kamm
Revid Investments, LLC
Buyer's Agent
Brandon Kamm
Revid Investments, LLC
List Price
$59,900
Sold Price
$31,250
Premium/Discount to List
-$28,650
-47.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Ingram Alvin J
Bought by
Veeser Margaret Ingram and Doyle Catherine Ingram
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
Serenity Assets Llc -- Saddle Creek Title
Liu Tony $100,000 Saddle Creek Title
Elliott Franco $55,000 Close Trak Closing & Title
Premium Acquisitions Llc $62,500 Multiple
Veeser Margaret Ingram -- --
Veeser Margaret Ingram -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $100,000 -16.7% $63 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $120,000 +118.2% $76 / Sq Ft
11/23/2018 11/23/18 Sold $55,000 -7.6% $35 / Sq Ft View Prior Sale
10/28/2018 10/28/18 Pending -- -- --
10/11/2018 10/11/18 Price Changed $59,500 -13.8% $38 / Sq Ft
10/06/2018 10/06/18 For Sale $69,000 +120.8% $44 / Sq Ft
10/07/2012 10/07/12 Sold $31,250 -47.8% $20 / Sq Ft View Prior Sale
09/26/2012 09/26/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $59,900 -- $38 / 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 $792 $49,520 $5,320 $44,200
2024 $792 $23,360 $3,720 $19,640
2023 $1,423 $23,360 $3,720 $19,640
2022 $1,423 $23,360 $3,720 $19,640
2021 $634 $23,360 $3,720 $19,640
2020 $1,197 $16,520 $2,640 $13,880
2019 $528 $16,520 $2,640 $13,880
2018 $528 $16,520 $2,640 $13,880
2017 $540 $16,520 $2,640 $13,880
2016 $921 $21,080 $0 $0
2014 $921 $21,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lowell Brister

    Leco Realty, Inc.

    (901) 508-4737

    13 in this area

    120 Total Sales

    Lowell Brister
    Section Image
  • Stephen Akindona

    Buyer's Agent in 2024

    Stephen Akindona

    Kairos Realty

    (901) 486-6688

    2 in this area

    72 Total Sales

    Stephen Akindona
    Section Image
  • Jeffrey Moore

    Seller's Agent in 2018

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    78 Total Sales

    Jeffrey Moore
    Section Image

  • B

    Seller's Agent in 2012

    Brandon Kamm

    Revid Investments, LLC

    (901) 485-4848

    18 Total Sales

    Brandon Kamm
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164880

Memphis Area Association of REALTORS®

APN: 05-9088-0-0050

Tennessee Shelby County Memphis 38111 East Memphis

3523 Vanuys Rd, Memphis, TN

Not Listed for Sale

MultiFamily

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