NOT LISTED FOR SALE

3667 Rhea Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $104,000 - $116,902

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $104,900 $75 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $629/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Porch
  • Level Lot

About This Home

As of January 2024

3 Bedroom and 1 Bath home for sale in Berclair. New roof and updates to minimize maintenance. Tenant occupied. Ideal for investor to add to portoflio.

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 01/04/2024

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 01/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50x215
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,202 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • K & S Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038070 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: K & S
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1202
  • Year Built: 1972
  • List Price/ Sq Ft: 87
  • Special Features: None
  • Property Sub Type: Detached
  • 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 Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: B
  • Acreage: 0.24
  • Lot Size: 50X215
  • Price Per Acre: 437083

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 038070 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 11, 2024
Sold by
Memphis Turnkey Properties Gp
Bought by
Sampietro Samuel
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$104,900
Sold Price
$104,900
Total Days on Market
1
Views
4
Current Estimated Value
$111,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,826
Avg. Annual Appreciation
4.78%
Original Mortgage
$78,675
Outstanding Balance
$77,603
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$34,123

Purchase Details

Closed on
Aug 10, 2023
Sold by
Parish John F
Bought by
Memphis Turnkey Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Sampietro Samuel $104,900 Home Surety Title & Escrow
Memphis Turnkey Properties Gp $48,350 Local Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampietro Samuel $78,675
Previous Owner Memphis Turnkey Properties Gp $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $104,900 0.0% $87 / Sq Ft
01/04/2024 01/04/24 For Sale $104,900 -- $87 / 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 $436 $23,850 $4,450 $19,400
2024 -- $12,850 $1,900 $10,950
2023 $783 $12,850 $1,900 $10,950
2022 $783 $12,850 $1,900 $10,950
2021 $792 $12,850 $1,900 $10,950
2020 $737 $10,175 $1,675 $8,500
2019 $737 $10,175 $1,675 $8,500
2018 $737 $10,175 $1,675 $8,500
2017 $418 $10,175 $1,675 $8,500
2016 $498 $11,400 $0 $0
2014 $498 $11,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2024

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    20 in this area

    328 Total Sales

    Andrew Akins
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164755

Memphis Area Association of REALTORS®

APN: 03-8070-0-0024

Tennessee Shelby County Memphis 38122 Berclair

3667 Rhea Ave, Memphis, TN

This home is located at 3667 Rhea Ave, Memphis, TN 38122 since 04 January 2024 and is currently estimated at $111,726, approximately $79 per square foot. This property was built in 1972. 3667 Rhea Ave is a home located in Shelby County with nearby schools including Treadwell Elementary School, Treadwell Middle School, and Kingsbury High School.

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