NOT LISTED FOR SALE

3640 Wayne Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $100,000 - $118,000

3 Beds
1 Bath
100-999 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $62,500 $63 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $601/month

48 Days on Market

Highlights

  • Updated Kitchen
  • Attic
  • Great Room
  • Wood Flooring
  • Bonus Room
  • Den

About This Home

As of May 2019

Cottage home in Heights, perfect for first time buyers and with the "Great Choice Home Loan" you can apply for our THDA HHF-DPA program, which offers $15,000 in down payment assistance. Move in Ready! 3 bedrooms, 1 bath, hardwood floors, new roof, updated electrical, front and back porches! Iron Security Doors. Fenced backyard. Laundry Room! Ceiling Fans! Storage Building. Could be an excellent investment property as it's extremely well maintained! Est Rent would be $750-900.

Last Agent to Sell the Property

Todd Adams

Keller Williams License #332950 Listed on: 03/18/2019

Keller Williams

Last Buyer's Agent

Jo Shaner

Keller Williams License #265130

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Dog Run
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 995 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Electric Water Heater

Community Details

  • Jane D Aydelotte Blk 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038072 00042

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: AYDELOTT BLK 1
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 995
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Bonus Room, Attic, Storage Room
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Covered Patio, Wood Fence, Storage, Pet Area, Sidewalks
  • Exterior Windows: Aluminum/Steel Siding, Storm Window(s), Storm Door(s), Steel Insulated Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Heating: Floor Furnace
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 2
  • Acreage: 0.18
  • Lot Size: 50 X 160

Tax Info

  • Assessor Parcel Number: 038072 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 22, 2019
Sold by
Boyd Laura C
Bought by
Canova Tara Ann
Seller's Agent
Todd Adams
Keller Williams
Buyer's Agent
Jo Shaner
Keller Williams
List Price
$70,000
Sold Price
$62,500
Premium/Discount to List
-$7,500
-10.71%
Current Estimated Value
$107,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,271
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Jan 31, 2006
Sold by
Materna John R and Materna Debra
Bought by
Vaneyck Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,398
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2003
Sold by
Thompson Christopher L
Bought by
Materna John R

Purchase Details

Closed on
Apr 13, 2001
Sold by
Stone Mary Ellen Montgomery
Bought by
Thompson Christopher Lee and Materna John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,227
Interest Rate
6.99%
Mortgage Type
FHA
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
Canova Tara Ann $62,250 Baymark T&E Svcs Llc
Vaneyck Laura C $63,900 Stewart Title Of Memphis Inc
Materna John R -- --
Thompson Christopher Lee $50,000 Mid America Title Agency
Thompson Christopher Lee $50,000 Mid America Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaneyck Laura C $63,398
Previous Owner Thompson Christopher Lee $49,227
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $62,500 -7.4% $625 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $67,499 -3.6% $675 / Sq Ft
04/15/2019 04/15/19 Price Changed $69,999 0.0% $700 / Sq Ft
04/12/2019 04/12/19 For Sale $70,000 0.0% $700 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $70,000 -- $700 / 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 $447 $22,950 $3,575 $19,375
2024 $447 $13,175 $1,525 $11,650
2023 $803 $13,175 $1,525 $11,650
2022 $803 $13,175 $1,525 $11,650
2021 $455 $13,175 $1,525 $11,650
2020 $538 $7,425 $1,325 $6,100
2019 $237 $7,425 $1,325 $6,100
2018 $237 $7,425 $1,325 $6,100
2017 $243 $7,425 $1,325 $6,100
2016 $353 $8,075 $0 $0
2014 $353 $8,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Adams

    Seller's Agent in 2019

    Todd Adams

    Keller Williams

    (901) 870-7633

    118 Total Sales

    Todd Adams
    Section Image

  • J

    Buyer's Agent in 2019

    Jo Shaner

    Keller Williams

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048195

Memphis Area Association of REALTORS®

APN: 03-8072-0-0042

Tennessee Shelby County Memphis 38122 Berclair

3640 Wayne Ave, Memphis, TN

Not Listed for Sale

Detached

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