NOT LISTED FOR SALE

3819 Marsonne St Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $84,000 - $106,000

3 Beds
1 Bath
100-999 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $104,000 $104 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $537/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Tile Flooring
  • Level Lot

About This Home

As of November 2024

Don't let the pictures scare you away. The property is being cleaned by the owners and the current tenants are being evicted. The property has been kept in great shape since it was rebuilt in 2018, and the roof is only 1 year old. This will be a great starter home for a new family or the perfect rental for a landlord looking for decent cashflow. Market rents in the area are around $1,100 for comparable homes. Contact me today for a showing. No wholesalers!

Last Agent to Sell the Property

Calvin Mathews

Harris & Harris Realty Group License #338760 Listed on: 09/23/2024

Last Buyer's Agent

Cynthia Edwards

Grand Point Realty, LLC License #295547

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61x120
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 100-999 Sq Ft Home
  • 971 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075087 00271

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: INDIAN HILLS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 971
  • Year Built: 1968
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 111
  • Acreage: 0.16
  • Lot Size: 61X120
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 075087 00271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Nov 14, 2024
Sold by
Bailey Albert
Bought by
Wright Tracy
Seller's Agent
Calvin Mathews
Harris & Harris Realty Group
Buyer's Agent
Cynthia Edwards
Grand Point Realty, LLC
List Price
$108,000
Sold Price
$104,000
Premium/Discount to List
-$4,000
-3.7%
Views
15
Current Estimated Value
$98,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,041
Avg. Annual Appreciation
-3.72%
Original Mortgage
$10,400
Outstanding Balance
$10,290
Interest Rate
6.32%
Estimated Equity
$88,669

Purchase Details

Closed on
Nov 27, 2009
Sold by
Mcmahan Alfred Lee
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 19, 2000
Sold by
Pettis George B
Bought by
Mcmahan Alfred Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,943
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Tracy $104,000 Excel Title & Escrow
Wright Tracy $104,000 Excel Title & Escrow
The Secretary Of Housing & Urban Develop $64,426 None Available
Mcmahan Alfred Lee $52,000 --
Mcmahan Alfred Lee $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Tracy $10,400
Closed Wright Tracy $10,400
Open Wright Tracy $98,941
Closed Wright Tracy $98,941
Previous Owner Mcmahan Alfred Lee $51,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $104,000 -3.7% $1,040 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $108,000 -- $1,080 / 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 $328 $26,025 $2,425 $23,600
2024 -- $9,675 $1,950 $7,725
2023 $589 $9,675 $1,950 $7,725
2022 $589 $9,675 $1,950 $7,725
2021 $852 $13,825 $1,950 $11,875
2020 $701 $9,675 $1,950 $7,725
2019 $701 $9,675 $1,950 $7,725
2018 $701 $9,675 $1,950 $7,725
2017 $398 $9,675 $1,950 $7,725
2016 $493 $11,275 $0 $0
2014 $493 $11,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Calvin Mathews

    Seller's Agent in 2024

    Calvin Mathews

    Harris & Harris Realty Group

    (901) 489-1308

    5 in this area

    42 Total Sales

    Calvin Mathews
    Section Image
  • Cynthia Edwards

    Buyer's Agent in 2024

    Cynthia Edwards

    Grand Point Realty, LLC

    (901) 413-2420

    4 in this area

    104 Total Sales

    Cynthia Edwards
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181815

Memphis Area Association of REALTORS®

APN: 07-5087-0-0271

Tennessee Shelby County Memphis 38109 Westwood

3819 Marsonne St, Memphis, TN

Not Listed for Sale

Detached

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