NOT LISTED FOR SALE

3745 Rhodes Ave Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $83,371 - $97,000

2 Beds
1 Bath
100-999 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $31,500 $32 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $510/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1 Car Detached Garage
  • Wood Flooring
  • Bonus Room
  • Dining Room

About This Home

As of May 2023

Great investment opportunity.

Last Agent to Sell the Property

Jo Mathes

Pinnacle Realty License #272839 Listed on: 05/12/2023

Last Buyer's Agent

Jo Mathes

Pinnacle Realty License #272839 Listed on: 05/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 54x148
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 886 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • Sherwood Forest Fifth Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058071 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: SHERWOOD FOREST 5TH ADD
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 35.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 886
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Permanent Attic Stairs
  • Other Rooms: Bonus Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 47
  • Acreage: 0.18
  • Lot Size: 54X148
  • Price Per Acre: 175000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058071 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Mdm Investments Of Memphis Llc
Bought by
Mdm Legacy Holdings Llc
Current Estimated Value
$91,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,163,000
Outstanding Balance
$1,156,156
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$1,064,313

Purchase Details

Listed on
May 12, 2023
Closed on
May 24, 2023
Sold by
Sunderland Inc
Bought by
Mdm Investments Of Memphis Llc
Seller's Agent
Jo Mathes
Pinnacle Realty
Buyer's Agent
Jo Mathes
Pinnacle Realty
List Price
$31,500
Sold Price
$31,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.07%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Torpoco Antonio
Bought by
Sunderland Inc

Purchase Details

Closed on
Jun 29, 2006
Sold by
3745 Rhodes Ave Land Trust
Bought by
Driskell Jamilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
8.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 3, 2006
Sold by
Fv & I Inc
Bought by
3745 Rhodes Ave Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2005
Sold by
Derryberry Jack and Derryberry Dorothy
Bought by
Johnson Ralph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Mdm Legacy Holdings Llc -- Excel Title & Escrow
Mdm Investments Of Memphis Llc -- Baymark Title & Escrow Service
Sunderland Inc -- None Available
Driskell Jamilah $59,900 None Available
3745 Rhodes Ave Land Trust $33,250 None Available
Johnson Ralph W $54,900 Title Enterprises Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mdm Legacy Holdings Llc $1,163,000
Previous Owner Driskell Jamilah $59,900
Previous Owner 3745 Rhodes Ave Land Trust $28,000
Previous Owner Johnson Ralph W $54,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $31,500 0.0% $315 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $31,500 -- $315 / 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 $330 $18,200 $2,350 $15,850
2024 $330 $9,725 $1,800 $7,925
2023 $592 $9,725 $1,800 $7,925
2022 $592 $9,725 $1,800 $7,925
2021 $599 $9,725 $1,800 $7,925
2020 $610 $8,425 $1,800 $6,625
2019 $610 $8,425 $1,800 $6,625
2018 $610 $8,425 $1,800 $6,625
2017 $346 $8,425 $1,800 $6,625
2016 $391 $8,950 $0 $0
2014 $391 $8,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Mathes

    Seller's Agent in 2023

    Jo Mathes

    Pinnacle Realty

    (901) 490-0092

    2 in this area

    87 Total Sales

    Jo Mathes
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10150006

Memphis Area Association of REALTORS®

APN: 05-8071-0-0005

Tennessee Shelby County Memphis 38111 Audubon Park

3745 Rhodes Ave, Memphis, TN

This home is located at 3745 Rhodes Ave, Memphis, TN 38111 since 12 May 2023 and is currently estimated at $91,843, approximately $91 per square foot. This property was built in 1950. 3745 Rhodes Ave is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

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