NOT LISTED FOR SALE

3568 Orchi Rd Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $139,000 - $155,988

0.17 Acre
$866,159 Price per Acre
7,405 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $10,500 $11 Per Sq Ft

Est. 1,330% increase in value since last sale

Current estimated payment $896/month

33 Days on Market

About This Lot

As of September 2021

Re-development opportunity. Vacant lots available in this area see documents attached for complete list, subject to change at any time. Call listing agent.

Last Agent to Sell the Property

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 08/06/2021

Last Buyer's Agent

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 08/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $936

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Community Details

  • Union Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062012 00053

Property Details

Property Type

Land

Est. Annual Taxes

$936

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 752A
  • MAAR Subdivision Name: UNION VILLA
  • Price Per Sq Ft: 61764.71
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 13
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 67647
  • Zoning: res
  • Present Usage: None/Vacant
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 062012 00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Roach Mario
Bought by
United Royal Properties Llc
Current Estimated Value
$150,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,798
Outstanding Balance
$224,109
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$56,850

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 24, 2021
Sold by
Memvest Llc
Bought by
Roach Mario
Seller's Agent
Dawn Kinard
Welch Realty, LLC
Buyer's Agent
Dawn Kinard
Welch Realty, LLC
List Price
$11,500
Sold Price
$10,500
Premium/Discount to List
-$1,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.73%

Purchase Details

Closed on
Oct 19, 2017
Sold by
Holt William D and Holt Ila A
Bought by
Memvest Llc

Purchase Details

Closed on
Dec 6, 2012
Sold by
Martin Carol A
Bought by
Holt William D and Holt Ila A
Source: Public Records

Range of Values:

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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
United Royal Properties Llc $441,000 Commercial Title Group
Roach Mario $58,000 Commercial Title Group Llc
Memvest Llc $1,000 Delta Title Services Llc
Holt William D $12,000 Tri State Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open United Royal Properties Llc $359,798
Closed United Royal Properties Llc $359,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $10,500 -8.7% $11 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $11,500 -- $12 / 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 $936 $38,375 $2,500 $35,875
2024 $730 $27,600 $225 $27,375
2023 $930 $7,425 $225 $7,200
2022 $14 $225 $225 $0
2021 $6 $225 $225 $0
2020 $16 $225 $225 $0
2019 $7 $225 $225 $0
2018 $7 $225 $225 $0
2017 $249 $7,600 $700 $6,900
2016 $219 $5,000 $0 $0
2014 $219 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Kinard

    Seller's Agent in 2021

    Dawn Kinard

    Welch Realty, LLC

    (901) 490-9003

    79 in this area

    184 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108230

Memphis Area Association of REALTORS®

APN: 06-2012-0-0053

Tennessee Shelby County Memphis 38108 Douglass

3568 Orchi Rd, Memphis, TN

This home is located at 3568 Orchi Rd, Memphis, TN 38108 since 06 August 2021 and is currently estimated at $147,247, approximately $153 per square foot. 3568 Orchi Rd is a home located in Shelby County with nearby schools including Jackson Elementary School, Craigmont Middle School, and Douglass High School.

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