NOT LISTED FOR SALE

3581 Gowan Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $100,000 - $114,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$75/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $19,000 $14 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $606/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Separate Formal Living Room
  • Partially Carpeted
  • 1-Story Property

About This Home

As of February 2013

This home is located at 3581 Gowan Dr, Memphis, TN 38127 since 07 January 2013 and is currently estimated at $104,577, approximately $87 per square foot. This property was built in 1957. 3581 Gowan Dr is a home located in Shelby County with nearby schools including Cornerstone Prep Denver Campus, Martin Luther King Preparatory High School, and Greater Praise Christian Academy.

Last Agent to Sell the Property

Charles Tacker

Coldwell Banker Heritage Homes License #319914 Listed on: 01/07/2013

Coldwell Banker Heritage Homes

Last Buyer's Agent

David Ernst

Crye-Leike, Inc., REALTORS License #296076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70 x 147
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,247 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Pleasant Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070051 00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$474

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 726B
  • MAAR Subdivision Name: PLEASANT VALLEY
  • Number Of Stories: 1
  • Price Per Sq Ft: 15.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1247
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 33
  • Acreage: 0.23
  • Lot Size: 70 X 147

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 070051 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 14, 2013
Sold by
Fannie Mae
Bought by
Farley Sean
Seller's Agent
Charles Tacker
Coldwell Banker Heritage Homes
Buyer's Agent
David Ernst
Crye-Leike, Inc., REALTORS
List Price
$22,000
Sold Price
$19,000
Premium/Discount to List
-$3,000
-13.64%
Current Estimated Value
$104,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,577
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Shields Damon and Shields Cheryl
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2006
Sold by
Benson Carl T and Benson Jackie L
Bought by
Hud

Purchase Details

Closed on
Jan 15, 1998
Sold by
Benson Carl T
Bought by
Hightower Melvin and Coleman Annie R

Purchase Details

Closed on
Aug 6, 1997
Sold by
Benson Jackie Larose Savage
Bought by
Benson Carl Timothy
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
Farley Sean $19,000 None Available
Federal National Mortgage Association -- None Available
Hud $43,095 None Available
Hightower Melvin $39,926 First Title Corporation
Benson Carl Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shields Damon $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2013 02/20/13 Sold $19,000 -13.6% $16 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $22,000 -- $18 / 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 $474 $21,250 $1,675 $19,575
2024 $474 $13,975 $1,450 $12,525
2023 $851 $13,975 $1,450 $12,525
2022 $851 $13,975 $1,450 $12,525
2021 $861 $13,975 $1,450 $12,525
2020 $739 $10,200 $1,450 $8,750
2019 $739 $10,200 $1,450 $8,750
2018 $739 $10,200 $1,450 $8,750
2017 $419 $10,200 $1,450 $8,750
2016 $433 $9,900 $0 $0
2014 $433 $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Charles Tacker

    Coldwell Banker Heritage Homes

    Section Image

  • D

    Buyer's Agent in 2013

    David Ernst

    Crye-Leike, Inc., REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3262558

Memphis Area Association of REALTORS®

APN: 07-0051-0-0010

Tennessee Shelby County Memphis 38127 Frayser

3581 Gowan Dr, Memphis, TN

This home is located at 3581 Gowan Dr, Memphis, TN 38127 since 07 January 2013 and is currently estimated at $104,577, approximately $74 per square foot. This property was built in 1957. 3581 Gowan Dr is a home located in Shelby County with nearby schools including Cornerstone Prep Denver Campus, Martin Luther King Preparatory High School, and Greater Praise Christian Academy.

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