NOT LISTED FOR SALE

3578 Bishops Gate Dr Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $108,000 - $166,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $34,000 $21 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $797/month

68 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Den
  • Whirlpool Bathtub
  • Great Room
  • Eat-In Kitchen

About This Home

As of April 2014

GREAT INVESTMENT PROPERTY. SHORT SALE APPROVED. SPACIOUS GREAT ROOM. CALL LISTING AGENT TO SCHEDULE APPOINTMENT.

Last Agent to Sell the Property

Stephen Mansour

REMAX Experts License #323281 Listed on: 11/06/2013

REMAX Experts

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot
  • Zero Lot Line

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,424 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Great Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Bishops Gate Pd Area 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 A00101

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Cross Street: WINCHESTER RD
  • MAAR Subdivision Name: BISHOPS GATE AREA 2
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1424
  • Year Built: 1988
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor, Sprayed Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Whirlpool Tub
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 101
  • Acreage: 0.06
  • Lot Size: 2970SF27X112
  • Zero Lot Line: Yes

Tax Info

  • Assessor Parcel Number: 074102 A00101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2014
Sold by
Memphis Invest Gp
Bought by
Slade Brian
Current Estimated Value
$138,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,320
Outstanding Balance
$47,647
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$90,462

Purchase Details

Listed on
Nov 6, 2013
Closed on
Apr 4, 2014
Sold by
Curry Steven O
Bought by
Memphis Invest Gp
Seller's Agent
Stephen Mansour
REMAX Experts
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$47,250
Sold Price
$34,000
Premium/Discount to List
-$13,250
-28.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$2,575,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2006
Sold by
Medford Marion
Bought by
Curry Steven O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,185
Interest Rate
8%
Mortgage Type
Unknown
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
Slade Brian $77,900 Fntg
Memphis Invest Gp $34,000 None Available
Curry Steven O $83,700 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slade Brian $62,320
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Curry Steven O $4,185
Previous Owner Curry Steven O $75,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $34,000 -28.0% $24 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $47,250 -- $34 / 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 $848 $37,775 $4,400 $33,375
2024 $848 $25,025 $3,000 $22,025
2023 $1,524 $25,025 $3,000 $22,025
2022 $1,524 $25,025 $3,000 $22,025
2021 $1,542 $25,025 $3,000 $22,025
2020 $1,360 $18,775 $3,000 $15,775
2019 $1,360 $18,775 $3,000 $15,775
2018 $1,360 $18,775 $3,000 $15,775
2017 $772 $18,775 $3,000 $15,775
2016 $593 $13,575 $0 $0
2014 $593 $13,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Mansour

    Seller's Agent in 2014

    Stephen Mansour

    RE/MAX

    (901) 239-6326

    1 in this area

    100 Total Sales

    Stephen Mansour
    Section Image

  • M

    Buyer's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3285729

Memphis Area Association of REALTORS®

APN: 07-4102-A0-0101

Tennessee Shelby County Memphis 38115 Fox Meadows

3578 Bishops Gate Dr, Memphis, TN

Not Listed for Sale

MultiFamily

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