NOT LISTED FOR SALE

3551 Bishops Gate Dr Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $103,000 - $143,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $35,000 $29 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $683/month

75 Days on Market

Highlights

  • Traditional Architecture
  • Den with Fireplace
  • Brick Veneer
  • End Unit
  • Some Wood Windows
  • Walk-In Closet

About This Home

As of June 2016

INVESTOR OWNED 3 BED 2 BATH WITH A LONG TERM TENNANT (6 YEARS) IN PLACE WITH RENT OF $650.00 PER MONTH. TENANT RIGHTS APPLY. DRIVE BY ONLY PLEASE DO NOT DISTURB TENANTS. WELL MANAGED AND WELL MAINTAINED! CALL AGENT WITH ANY QUESTIONS REGARDING THIS PROPERTY. ROOM SIZES ARE APPROXIMATE. OWNER WANTS TO SELL, MAKE US AN OFFER!

Last Agent to Sell the Property

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749 Listed on: 03/18/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749 Listed on: 03/18/2016

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 2,614 Sq Ft Lot
  • End Unit
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,174 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Patio
  • Ground Level

Community Details

  • Bishops Gate Pd Area 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 A00016

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: WINCHESTER
  • MAAR Subdivision Name: BISHOPS GATE AREA 2
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1174
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Private Full Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 16
  • Acreage: 0.06
  • Lot Size: .068AC27X110

Tax Info

  • Assessor Parcel Number: 074102 A00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Moore Nathaniel R
Bought by
Memon Muhammad Usman
Current Estimated Value
$119,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 17, 2016
Sold by
Dahlberg Roger C
Bought by
Moor Nathaniel R
Seller's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
List Price
$47,900
Sold Price
$35,000
Premium/Discount to List
-$12,900
-26.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Dahlberg Jean E
Bought by
Dahlberg Roger C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Memon Muhammad Usman $55,000 None Available
Moor Nathaniel R $35,000 None Available
Dahlberg Roger C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Memon Muhammad Usman $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $35,000 -26.9% $35 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $47,900 -- $48 / 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 $657 $28,975 $4,400 $24,575
2024 $657 $19,375 $3,000 $16,375
2023 $1,180 $19,375 $3,000 $16,375
2022 $1,180 $19,375 $3,000 $16,375
2021 $668 $19,375 $3,000 $16,375
2020 $1,011 $13,950 $3,000 $10,950
2019 $446 $13,950 $3,000 $10,950
2018 $446 $13,950 $3,000 $10,950
2017 $456 $13,950 $3,000 $10,950
2016 $568 $13,000 $0 $0
2014 $568 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jerry Modesto

    Crye-Leike, Inc., REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9972922

Memphis Area Association of REALTORS®

APN: 07-4102-A0-0016

Tennessee Shelby County Memphis 38115 Fox Meadows

3551 Bishops Gate Dr, Memphis, TN

Not Listed for Sale

MultiFamily

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