NOT LISTED FOR SALE

3823 Marston Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $149,000 - $188,118

4 Beds
2 Baths
1,400-1,599 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $175,900 $110 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $999/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of December 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1395 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 11/14/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1968

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,557 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Winchester Highlands 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074034 A00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,069

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772H
  • MAAR Subdivision Name: WINCHESTER HIGHLANDS 1ST ADD
  • List Price Per Sq Ft: 113
  • Number Of Stories: 1
  • Price Per Sq Ft: 112.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1557
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.22
  • Lot Size: 70X140
  • Price Per Acre: 799545

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074034 A00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
3823 Marston Trust and Trailblazer Properties Llc
Bought by
Tb Memphis Llc
Current Estimated Value
$172,280

Purchase Details

Closed on
Nov 22, 2023
Sold by
Grimstad Nicholas
Bought by
3823 Marston Trust and Trailblazer Properties Llc

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 29, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Grimstad Nicholas
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$175,900
Sold Price
$175,900
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$140,720
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2022
Sold by
Condrey Peggy
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.02%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 27, 2011
Sold by
Harrison William Keith and Harrison William K
Bought by
Harrison William K and Harrison Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,314
Interest Rate
4.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tb Memphis Llc -- None Listed On Document
3823 Marston Trust -- None Listed On Document
Grimstad Nicholas $175,900 Delta Title Services
Memphis Investment Properties Iii Llc $105,000 Delta Title Services
Harrison William K -- Lenders Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimstad Nicholas $140,720
Previous Owner Memphis Investment Properties Iii Llc $140,000
Previous Owner Harrison William K $50,000
Previous Owner Harrison William K $82,314
Previous Owner Harrison William Keith $45,000
Previous Owner Harrison William Keith $34,200
Previous Owner Harrison William Keith $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $175,900 0.0% $126 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $175,900 -- $126 / 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 $1,069 $49,875 $4,300 $45,575
2024 $1,069 $31,525 $3,550 $27,975
2023 $1,920 $31,525 $3,550 $27,975
2022 $0 $22,175 $3,550 $18,625
2021 $1,367 $22,175 $3,550 $18,625
2020 $1,297 $17,900 $3,550 $14,350
2019 $572 $17,900 $3,550 $14,350
2018 $572 $17,900 $3,550 $14,350
2017 $586 $17,900 $3,550 $14,350
2016 $734 $16,800 $0 $0
2014 $734 $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    420 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    437 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137754

Memphis Area Association of REALTORS®

APN: 07-4034-A0-0009

Tennessee Shelby County Memphis 38118 Parkway Village

3823 Marston Rd, Memphis, TN

This home is located at 3823 Marston Rd, Memphis, TN 38118 since 14 November 2022 and is currently estimated at $172,280, approximately $107 per square foot. This property was built in 1968. 3823 Marston Rd is a home located in Shelby County with nearby schools including Cromwell Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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