NOT LISTED FOR SALE

3722 Rhea Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $128,000 - $141,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $100,000 $56 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $819/month

17 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • Separate Formal Living Room
  • Deck
  • Wood Flooring
  • Some Wood Windows

About This Home

As of June 2021

This spacious 4 bedroom, 2 bathroom home has been freshly painted on the outside, has a great deck, central heat and air, gated parking and a detached 1-car garage. Sold in "AS IS" condition. Tenant will vacate property at end of May. Showings and inspections allowed after accepted offer. Do not disturb the tenant; please contact listing agent for more information.

Last Agent to Sell the Property

Alie Jones

Coldwell Banker Collins-Maury License #338856 Listed on: 05/02/2021

Coldwell Banker Collins-Maury

Last Buyer's Agent

Randall Garrett

Franchise Realty, LLC License #309803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $652

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x148
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,627 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Driveway
  • Gated Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • James E & Jane D Aydelottes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038074 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$652

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: AYDELOTT
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 61.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1627
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Driveway/Pad, Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 22
  • Acreage: 0.16
  • Lot Size: 50X148
  • Price Per Acre: 687500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 038074 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 21, 2021
Sold by
Magnificent Homes Llc
Bought by
Epocf2a Llc
Seller's Agent
Alie Jones
Coldwell Banker Collins-Maury
Buyer's Agent
Randall Garrett
Franchise Realty, LLC
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Total Days on Market
17
Current Estimated Value
$136,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,288
Avg. Annual Appreciation
8.07%
Original Mortgage
$107,300
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 19, 2021
Sold by
Hagen Mary and 3722 Rhea Ave Trusts
Bought by
Magnificent Homes Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Alie Jones
Coldwell Banker Collins-Maury
List Price
$64,900
Sold Price
$71,000
Premium/Discount to List
$6,100
9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
410.85%

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 23, 2018
Sold by
Ozark Capital Management Llc
Bought by
Hagen Mary and 3722 Rhea Ave Trust
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$53,500
Sold Price
$53,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Jan 14, 2011
Sold by
Cales Russell Earl and Cales Linda Ruth
Bought by
Sanders Alberta
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
Epocf2a Llc $100,000 None Available
Magnificent Homes Llc $71,000 Local Title Llc
Hagen Mary $53,500 Close Trak Closing & Title S
Sanders Alberta $70,000 Assured Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ef2r5 Llc $3,392,816
Closed Epocf2a Llc $107,300
Previous Owner Cales Russell E $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $100,000 -9.1% $63 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $110,000 +54.9% $69 / Sq Ft
03/18/2021 03/18/21 Sold $71,000 +9.4% $44 / Sq Ft
02/02/2021 02/02/21 For Sale $64,900 +21.3% $41 / Sq Ft
03/23/2018 03/23/18 Sold $53,500 0.0% $33 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $53,500 -- $33 / 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 $652 $37,575 $3,400 $34,175
2024 $652 $19,225 $1,450 $17,775
2023 $1,171 $19,225 $1,450 $17,775
2022 $1,171 $19,225 $1,450 $17,775
2021 $937 $15,200 $1,450 $13,750
2020 $786 $10,850 $1,275 $9,575
2019 $347 $10,850 $1,275 $9,575
2018 $347 $10,850 $1,275 $9,575
2017 $355 $10,850 $1,275 $9,575
2016 $742 $16,975 $0 $0
2014 $742 $16,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alie Jones

    Seller's Agent in 2021

    Alie Jones

    Coldwell Banker Collins-Maury

    (901) 550-5235

    4 in this area

    40 Total Sales

    Alie Jones
    Section Image
  • Dean Harris

    Seller's Agent in 2021

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    52 in this area

    1,419 Total Sales

    Dean Harris
    Section Image

  • R

    Buyer's Agent in 2021

    Randall Garrett

    Franchise Realty, LLC

    (901) 502-7548

    2 in this area

    32 Total Sales

    Randall Garrett
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098432

Memphis Area Association of REALTORS®

APN: 03-8074-0-0022

Tennessee Shelby County Memphis 38122 Berclair

3722 Rhea Ave, Memphis, TN

This home is located at 3722 Rhea Ave, Memphis, TN 38122 since 02 May 2021 and is currently estimated at $136,288, approximately $75 per square foot. This property was built in 1952. 3722 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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