NOT LISTED FOR SALE

3785 Gragg Ave Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $61,000 - $89,000

2 Beds
1 Bath
100-999 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $85,000 $85 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $441/month

14 Days on Market

Highlights

  • 1 Acre Lot
  • Traditional Architecture
  • 1-Story Property

About This Home

As of October 2022

Rented for $900/month, but current market rent is $1,000+! Good-sized 2/1 for the area, with big, fenced lot! This area is BOOMING right now, just north of Berclair/Nutbush and tenants are loving it here - act now to get in on the action before future growth! No assignable/wholesaler contracts will be accepted; buyer to verify all facts. No showings. DO NOT DISTURB TENANTS - they will call police.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 08/26/2022

Last Buyer's Agent

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $289

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 209x209
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 952 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Gragg Partition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062057 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$289

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752A
  • MAAR Subdivision Name: GRAGG
  • List Price Per Sq Ft: 95
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 952
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Roof: Composition Shingles

Utilities

  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees
  • Acreage: 1
  • Lot Size: 209X209
  • Price Per Acre: 90000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 062057 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 17, 2022
Sold by
Tibbs Martha Katherine
Bought by
Quinones Family Revocable Living Trust
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Current Estimated Value
$76,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,549
Avg. Annual Appreciation
-3.66%
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
Quinones Family Revocable Living Trust $85,000 Coventry Escrow & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $85,000 -5.6% $850 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $90,000 -- $900 / 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 $289 $21,625 $3,500 $18,125
2024 $289 $8,525 $3,850 $4,675
2023 $519 $8,525 $3,850 $4,675
2022 $519 $8,525 $3,850 $4,675
2021 $294 $8,525 $3,850 $4,675
2020 $547 $7,550 $3,075 $4,475
2019 $241 $7,550 $3,075 $4,475
2018 $241 $7,550 $3,075 $4,475
2017 $247 $7,550 $3,075 $4,475
2016 $382 $8,750 $0 $0
2014 $382 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall

    Seller's Agent in 2022

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    19 in this area

    207 Total Sales

    Section Image
  • Adam Underwood

    Buyer's Agent in 2022

    Adam Underwood

    Crye-Leike, Inc., REALTORS

    (901) 413-8963

    10 in this area

    112 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132108

Memphis Area Association of REALTORS®

APN: 06-2057-0-0004

Tennessee Shelby County Memphis 38108 Douglass

3785 Gragg Ave, Memphis, TN

This home is located at 3785 Gragg Ave, Memphis, TN 38108 since 26 August 2022 and is currently estimated at $76,451, approximately $76 per square foot. This property was built in 1940. 3785 Gragg Ave is a home located in Shelby County with nearby schools including Jackson Elementary School, Kingsbury Middle School, and Kingsbury High School.

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