NOT LISTED FOR SALE

3640 Elm Park Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $117,000 - $167,617

3 Beds
2 Baths
1,400-1,599 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $57,000 $36 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $880/month

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Attic
  • Den
  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of July 2021

Great Opportunity to Finish & Flip or Finish & Hold as a Rental Investment! Nice home near Airport with comps to support resale as high as $120k. Home rebuilt started, in need of completion. Exterior Stone & Stucco, new roof, decking & facia, new windows, framed, some electrical, electric meter, electric box installed, can lights, recessed lights, some ductwork for central HVAC is roughed in. Approx. 1450sf. New fence, large backyard. Come make it yours!

Last Agent to Sell the Property

Linda Woods Bell

KAIZEN Realty, LLC License #275139 Listed on: 06/15/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Cynthia Edwards

Grand Point Realty, LLC License #295547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 81x133
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,450 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • Kensington Gardens Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060202 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 771B
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK B
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1450
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio, Wood Fence
  • Exterior Windows: Wood/Composition, Stone, Stucco, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 160
  • Acreage: 0.26
  • Lot Size: 81X133
  • Price Per Acre: 263462

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 060202 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Caesar Harris
Bought by
Allen Tondalayo
Current Estimated Value
$149,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$153,448
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$14,794

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 6, 2021
Sold by
Cowan Ronnie
Bought by
Harris Caesar
Seller's Agent
Linda Woods Bell
KAIZEN Realty, LLC
Buyer's Agent
Cynthia Edwards
Grand Point Realty, LLC
List Price
$68,500
Sold Price
$57,000
Premium/Discount to List
-$11,500
-16.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.28%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2018
Sold by
Cowan Sean
Bought by
Cowan Ronnie

Purchase Details

Closed on
Aug 6, 2013
Sold by
County Of Shelby
Bought by
Cowan Sean

Purchase Details

Closed on
Sep 26, 2006
Sold by
Wells Fargo Bank Na
Bought by
Johns Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,815
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 8, 2005
Sold by
Ward Debra Kay Holmes
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 21, 2003
Sold by
Ward David
Bought by
Holmes Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
9.12%

Purchase Details

Closed on
Apr 18, 1995
Bought by
Holmes Debra and Ward David Ward
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Allen Tondalayo $167,500 None Listed On Document
Harris Caesar $57,000 Saddle Creek Title Llc
Cowan Ronnie $1,000 None Available
Cowan Sean $11,700 None Available
Johns Norman $50,000 Associates Closing & Title H
Wells Fargo Bank Na $70,000 --
Holmes Debra -- --
Holmes Debra $39,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Tondalayo $161,000
Previous Owner Harris Caesar $100,000
Previous Owner Johns Norman $34,815
Previous Owner Holmes Debra $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $57,000 -16.8% $41 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $68,500 -- $49 / 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 $764 $30,350 $3,375 $26,975
2024 $764 $22,525 $2,750 $19,775
2023 $1,372 $22,525 $2,750 $19,775
2022 $1,372 $22,525 $2,750 $19,775
2021 $718 $20,825 $2,750 $18,075
2020 $982 $13,550 $2,750 $10,800
2019 $433 $13,550 $2,750 $10,800
2018 $433 $13,550 $2,750 $10,800
2017 $443 $13,550 $2,750 $10,800
2016 $565 $12,925 $0 $0
2014 $565 $12,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Woods Bell

    Seller's Agent in 2021

    Linda Woods Bell

    KAIZEN Realty, LLC

    (901) 340-8024

    3 in this area

    118 Total Sales

    Section Image
  • Cynthia Edwards

    Buyer's Agent in 2021

    Cynthia Edwards

    Grand Point Realty, LLC

    (901) 413-2420

    4 in this area

    106 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101676

Memphis Area Association of REALTORS®

APN: 06-0202-0-0025

Tennessee Shelby County Memphis 38118 Oakhaven

3640 Elm Park Rd, Memphis, TN

This home is located at 3640 Elm Park Rd, Memphis, TN 38118 since 15 June 2021 and is currently estimated at $138,654, approximately $86 per square foot. This property was built in 1961. 3640 Elm Park Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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