NOT LISTED FOR SALE

3714 Miami Ave Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $81,000 - $111,000

3 Beds
1 Bath
100-999 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $110,000 $110 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $547/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of November 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 09/02/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $242

Year Built

  • Built in 1968

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 910 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Miami Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058086 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$242

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: MIAMI
  • List Price Per Sq Ft: 125
  • Number Of Stories: 1
  • Price Per Sq Ft: 120.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 910
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 4
  • Acreage: 0.2
  • Lot Size: 50X180
  • Price Per Acre: 571000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058086 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 1, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Lassan Josef Rudolf
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$114,200
Sold Price
$110,000
Premium/Discount to List
-$4,200
-3.68%
Current Estimated Value
$96,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,321
Avg. Annual Appreciation
-2.94%
Original Mortgage
$78,750
Outstanding Balance
$76,609
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$24,525

Purchase Details

Closed on
Aug 5, 2022
Sold by
Katherine Stewart-Arnold
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1997
Sold by
United Housing Inc
Bought by
Steward Willie O and Steward Lizzie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,186
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1996
Sold by
Boatmens National Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 5, 1996
Sold by
Bearman Stephen J
Bought by
Boatmens National Mtg Inc
Source: Public Records

Range of Values:

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Average Value
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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
Lassan Josef Rudolf $110,000 --
Memphis Investment Properties Iii Llc $50,000 Delta Title Services
Steward Willie O $43,000 --
Hud -- --
Boatmens National Mtg Inc $44,663 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lassan Josef Rudolf $78,750
Previous Owner Memphis Investment Properties Iii Llc $85,000
Previous Owner Steward Willie O $31,186
Closed Steward Willie O $14,576
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $110,000 -3.7% $1,100 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $114,200 -- $1,142 / 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 $242 $21,925 $2,225 $19,700
2024 $242 $7,125 $1,650 $5,475
2023 $434 $7,125 $1,650 $5,475
2022 $434 $7,125 $1,650 $5,475
2021 $246 $7,125 $1,650 $5,475
2020 $467 $6,450 $1,650 $4,800
2019 $206 $6,450 $1,650 $4,800
2018 $206 $6,450 $1,650 $4,800
2017 $211 $6,450 $1,650 $4,800
2016 $356 $8,150 $0 $0
2014 $356 $8,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    28 in this area

    426 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133133

Memphis Area Association of REALTORS®

APN: 05-8086-0-0042

Tennessee Shelby County Memphis 38111 Audubon Park

3714 Miami Ave, Memphis, TN

This home is located at 3714 Miami Ave, Memphis, TN 38111 since 02 September 2022 and is currently estimated at $96,679, approximately $96 per square foot. This property was built in 1968. 3714 Miami Ave is a home located in Shelby County with nearby schools including South Park Elementary School, Sherwood Middle, and Overton High.

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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