NOT LISTED FOR SALE

386 Mcdermitt Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $162,000 - $227,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $57,500 $48 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,029/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Richland Elementary School Rated 9+
  • Porch
  • Brick Veneer

About This Home

As of March 2013

3 Bedroom home with large detached shop, being sold as is, please call for appointment

Last Agent to Sell the Property

Jerry T Davidson

Memphis One Inc License #50933 Listed on: 02/01/2013

Co-Listed By

Nina Davidson

Memphis One Inc License #55973

Last Buyer's Agent

Nina Davidson

Memphis One Inc License #55973

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,016 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068064 00025

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Mary Lou Heights
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1016
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 71
  • Acreage: 0.17
  • Lot Size: 0.17

Tax Info

  • Assessor Parcel Number: 068064 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 11, 2013
Sold by
Suntrust Bank
Bought by
Sharabi Amir and Sharabi Maya Adar
Seller's Agent
Jerry T Davidson
Memphis One Inc
Buyer's Agent
Nina Davidson
Memphis One Inc
List Price
$59,000
Sold Price
$57,500
Premium/Discount to List
-$1,500
-2.54%
Current Estimated Value
$181,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,322
Avg. Annual Appreciation
9.32%
Original Mortgage
$65,223
Outstanding Balance
$12,569
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,253

Purchase Details

Closed on
Sep 20, 2012
Sold by
Mardis Timothy Hayne and Mardis Shelly
Bought by
Suntrust Bank

Purchase Details

Closed on
Mar 26, 2002
Sold by
Chandler Bill
Bought by
Mardis Tim and Mardis Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,300
Interest Rate
6.85%

Purchase Details

Closed on
Nov 15, 1999
Sold by
Tab Prop Inc
Bought by
Chandler Bill

Purchase Details

Closed on
Jun 16, 1995
Bought by
Tab Prop Inc
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
Sharabi Amir $57,500 Stewart Title Co
Suntrust Bank $63,750 None Available
Mardis Tim $70,000 --
Chandler Bill $67,000 --
Chandler Bill $67,000 --
Tab Prop Inc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharabi Amir $65,223
Previous Owner Mardis Tim $74,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2013 03/18/13 Sold $57,500 -2.5% $58 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $59,000 -- $59 / 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 $1,103 $37,500 $10,000 $27,500
2024 $1,103 $32,525 $5,900 $26,625
2023 $1,981 $32,525 $5,900 $26,625
2022 $1,981 $32,525 $5,900 $26,625
2021 $2,005 $32,525 $5,900 $26,625
2020 $1,567 $21,625 $4,800 $16,825
2019 $1,567 $21,625 $4,800 $16,825
2018 $1,567 $21,625 $4,800 $16,825
2017 $889 $21,625 $4,800 $16,825
2016 $857 $19,600 $0 $0
2014 $857 $19,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry T Davidson

    Seller's Agent in 2013

    Jerry T Davidson

    Memphis One Inc

    (901) 301-8159

    33 Total Sales

    Jerry T Davidson
    Section Image

  • N

    Seller Co-Listing Agent in 2013

    Nina Davidson

    Memphis One Inc

    (901) 382-1180

    33 Total Sales

    Nina Davidson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3264317

Memphis Area Association of REALTORS®

APN: 06-8064-0-0025

Tennessee Shelby County Memphis 38120 East Memphis

386 Mcdermitt Rd, Memphis, TN

Not Listed for Sale

Detached

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