3555 Bishops Gate Dr Memphis, TN 38115
Fox Meadows Neighborhood
3
Beds
2
Baths
1,600-1,799
Sq Ft
2,614
Sq Ft Lot
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Tile Flooring
- 1 Fireplace
- Patio
- Central Heating and Cooling System
About This Home
As of March 2025Discover 3555 Bishops Gate Dr, a well-maintained, tenant-occupied gem in Memphis! This inviting 3-bedroom, 2-bath home features a spacious living area and a cozy backyard, perfect for relaxing or entertaining. With reliable tenants in place, it's an ideal investment opportunity. Conveniently located near schools, shopping, and parks, this property offers immediate rental income and future potential. Don’t miss out—schedule your viewing today and see the value for yourself!
Last Agent to Sell the Property
Premier Realty Group, LLC License #329003 Listed on: 09/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $803
Year Built
- Built in 1987
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 27x110
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Property Attached
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,779 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Separate Formal Living Room
Flooring
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Patio
- Ground Level
- Central Heating and Cooling System
Community Details
- Bishops Gate Pd Area 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 074102 A00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Mar 28, 2025
Sold by
Patrick Kaye Enterprises Inc
Bought by
Kaplan Jakub
Seller's Agent
Rick Luebbert
Premier Realty Group, LLC
Buyer's Agent
Rick Luebbert
Premier Realty Group, LLC
List Price
$130,000
Sold Price
$97,000
Premium/Discount to List
-$33,000
-25.38%
Views
116
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.34%
Purchase Details
Closed on
Mar 14, 2019
Sold by
John O Brien
Bought by
Patrick Kaye Enterprises Inc
Purchase Details
Listed on
Dec 4, 2012
Closed on
Jan 3, 2013
Sold by
Stable Investments Llc
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$74,900
Sold Price
$74,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Purchase Details
Closed on
Nov 2, 2012
Sold by
Stable Investments Llc
Bought by
Brett Clotheier Pa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2012
Sold by
Bank Of New York Mellon
Bought by
Stable Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 25, 2012
Sold by
Tapp Jacqueline R
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Aug 22, 2003
Sold by
Lance Pamela G
Bought by
Hud
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $97,000 | River City Title & Escrow | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $29,000 | None Available | |
| Special Warranty Deed | $26,000 | None Available | |
| Trustee Deed | $22,950 | None Available | |
| Trustee Deed | $70,086 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Purchase Money Mortgage | |
| Previous Owner | $65,600 | Unknown | |
| Previous Owner | $64,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $97,000 | -11.8% | $61 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | Price Changed | $110,000 | -15.4% | $69 / Sq Ft |
| 02/10/2025 02/10/25 | For Sale | $130,000 | 0.0% | $81 / Sq Ft |
| 02/04/2025 02/04/25 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | Price Changed | $130,000 | -3.7% | $81 / Sq Ft |
| 09/11/2024 09/11/24 | For Sale | $135,000 | +80.2% | $84 / Sq Ft |
| 01/11/2013 01/11/13 | Sold | $74,900 | 0.0% | $47 / Sq Ft |
| 12/11/2012 12/11/12 | Pending | -- | -- | -- |
| 12/04/2012 12/04/12 | For Sale | $74,900 | -- | $47 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $803 | $35,825 | $4,400 | $31,425 |
| 2024 | $803 | $23,700 | $3,000 | $20,700 |
| 2023 | $1,444 | $23,700 | $3,000 | $20,700 |
| 2022 | $1,444 | $23,700 | $3,000 | $20,700 |
| 2021 | $1,461 | $23,700 | $3,000 | $20,700 |
| 2020 | $1,234 | $17,025 | $3,000 | $14,025 |
| 2019 | $544 | $17,025 | $3,000 | $14,025 |
| 2018 | $544 | $17,025 | $3,000 | $14,025 |
| 2017 | $557 | $17,025 | $3,000 | $14,025 |
| 2016 | $681 | $15,575 | $0 | $0 |
| 2014 | $681 | $15,575 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Luebbert
R
Seller's Agent in 2025
Rick Luebbert
Premier Realty Group, LLC
(901) 751-7979
1 in this area
6 Total Sales
-
Seller's Agent in 2013
Mark Saller
Reedy Group II, LLC
-
N
Buyer's Agent in 2013
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10180995
APN: 07-4102-A0-0015
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