NOT LISTED FOR SALE

3563 Tutwiler Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $100,000 - $138,000

1 Bed
1 Bath
1,139 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2021

Last sale price $73,500 $65 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $704 / mo

6 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Level Lot
  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property

About This Home

As of March 2021

Calling on investors! This is a great turnkey Duplex. Property has all bricks and is tenants occupied. Features beautiful hard wood floors throughout. Each side has 1 Bedroom and 1 Full Bath, and is currently on a month to month lease and paying $425/mo. Excellent rental for investors. Drive by ONLY. Do not disturb tenants. No showing until the offer is accepted. Cash offer ONLY. owner/agent

Last Agent to Sell the Property

Rebecca Lin

Pinnacle Realty License #332231 Listed on: 03/09/2021

Last Buyer's Agent

Rebecca Lin

Pinnacle Realty License #332231 Listed on: 03/09/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,139 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Updated Kitchen

Community Details

  • Murray Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038063 00013

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: MURRAY
  • Freestanding: Yes
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Estimated Sq Ft: 1139
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.22
  • Lot Size: 50X200

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 038063 00013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 6, 2021
Sold by
Bought by
Seller's Agent
Rebecca Lin
Pinnacle Realty
Buyer's Agent
Rebecca Lin
Pinnacle Realty
List Price
$89,900
Sold Price
$73,500
Premium/Discount to List
-$16,400
-18.24%
Current Estimated Value
$116,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,521
Avg. Annual Appreciation
8.99%
Original Mortgage
$115,200
Outstanding Balance
$102,190
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$13,831

Purchase Details

Listed on
Mar 9, 2021
Closed on
Mar 16, 2021
Sold by
Bought by
Seller's Agent
Rebecca Lin
Pinnacle Realty
Buyer's Agent
Rebecca Lin
Pinnacle Realty
List Price
$89,900
Sold Price
$73,500
Premium/Discount to List
-$16,400
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Outstanding Balance
$102,190
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$13,831

Purchase Details

Listed on
Mar 9, 2021
Closed on
Mar 5, 2021
Sold by
Bought by
Seller's Agent
Rebecca Lin
Pinnacle Realty
Buyer's Agent
Rebecca Lin
Pinnacle Realty
List Price
$89,900
Sold Price
$73,500
Premium/Discount to List
-$16,400
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Outstanding Balance
$102,190
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$13,831

Purchase Details

Closed on
Jan 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.95%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$144,000 Saddle Creek Title
$73,500 None Available
$40,000 None Available
$42,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $115,200
Closed $57,100
Previous Owner $37,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $73,500 -8.1% $65 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $79,950 -5.9% $70 / Sq Ft
03/10/2021 03/10/21 Price Changed $84,950 -5.5% $75 / Sq Ft
03/09/2021 03/09/21 For Sale $89,900 -- $79 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $974 $36,200 $6,600 $29,600
2024 $622 $18,360 $3,520 $14,840
2023 $1,118 $18,360 $3,520 $14,840
2022 $1,118 $18,360 $3,520 $14,840
2021 $1,329 $18,360 $3,520 $14,840
2020 $1,243 $17,160 $2,840 $14,320
2019 $548 $17,160 $2,840 $14,320
2018 $548 $17,160 $2,840 $14,320
2017 $561 $17,160 $2,840 $14,320
2016 $867 $19,840 $0 $0
2014 $867 $19,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Lin

    Seller's Agent in 2021

    Rebecca Lin

    Pinnacle Realty

    (901) 335-4242

    25 Total Sales

    Rebecca Lin
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094748

Memphis Area Association of REALTORS®

APN: 03-8063-0-0013

Tennessee Shelby County Memphis 38122 Berclair

3563 Tutwiler Ave, Memphis, TN

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