NOT LISTED FOR SALE

3718 Miami Rd Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $105,000 - $135,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $45,000 $38 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $662/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Separate Formal Living Room
  • Laundry Room
  • Dining Room

About This Home

As of March 2021

Tenant occupied, current rent is $500 but room for increase. Do not disturb tenant. Lease expires a May 31 2021. Property is a part of a larger portfolio however owner will sell separately. No showings until accepted contract.

Last Agent to Sell the Property

latasha conway

Divine Destiny Realty License #267076 Listed on: 02/24/2021

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

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

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,050 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Miami Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058086 00041

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MIAMI
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1050
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Master Bedroom: Level 1
  • Master Bedroom Dimensions: 12x12
  • Other Rooms: Laundry Room

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.2
  • Lot Size: 50X180

Tax Info

  • Assessor Parcel Number: 058086 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Mfr 5 Llc
Bought by
Chiu Kevin
Current Estimated Value
$116,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$85,113
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$31,836

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 18, 2021
Sold by
Cochran Christopher R
Bought by
Mfr 5 Llc
Seller's Agent
latasha conway
Divine Destiny Realty
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.91%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Murray Michael
Bought by
Cochran Chris

Purchase Details

Closed on
May 25, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Murray Michael and Cochran Chris

Purchase Details

Closed on
Feb 12, 2010
Sold by
Lim Michael and Lim Linda
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 29, 2006
Sold by
Gregory Hulet
Bought by
Lim Michael and Lim Linda

Purchase Details

Closed on
Aug 23, 2006
Sold by
Holder Gloria J and Slovacek Glenda C
Bought by
Gregory Hulet

Purchase Details

Closed on
Aug 11, 1998
Sold by
Choate Edna E
Bought by
Holder Gloria J and Slovacek Glenda C

Purchase Details

Closed on
Jan 28, 1998
Sold by
Choate Edna E Living Trust Tr
Bought by
Holder Gloria J and Slovacek Glenda C
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
Chiu Kevin $115,000 New Title Company Name
Mfr 5 Llc $45,000 Local Title & Closing
Cochran Chris -- None Available
Murray Michael $11,000 Servicelink Hopewell Campus
Federal Home Loan Mortgage Corporation $46,023 None Available
Lim Michael $29,000 None Available
Gregory Hulet $7,000 None Available
Holder Gloria J $30,000 --
Holder Gloria J $30,000 --
Holder Gloria J $30,000 --
Holder Gloria J $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiu Kevin $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $45,000 0.0% $45 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $45,000 -- $45 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $443 $32,000 $2,200 $29,800
2024 $443 $13,075 $1,550 $11,525
2023 $796 $13,075 $1,550 $11,525
2022 $471 $7,725 $1,550 $6,175
2021 $559 $7,725 $1,550 $6,175
2019 $225 $7,025 $1,550 $5,475
2018 $225 $7,025 $1,550 $5,475
2017 $230 $7,025 $1,550 $5,475
2016 $320 $7,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • latasha conway

    Seller's Agent in 2021

    latasha conway

    Divine Destiny Realty

    (901) 502-8810

    6 in this area

    77 Total Sales

    latasha conway
    Section Image
  • Dean Harris

    Buyer's Agent in 2021

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    50 in this area

    1,392 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093886

Memphis Area Association of REALTORS®

APN: 05-8086-0-0041

Tennessee Shelby County Memphis 38111 East Memphis

3718 Miami Rd, Memphis, TN

Not Listed for Sale

Detached

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