NOT LISTED FOR SALE

3896 Lamar Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $3,689,280

-- Bed
-- Bath
70,622 Sq Ft
$52/Sq Ft Est. Value

About This Home

This home is located at 3896 Lamar Ave, Memphis, TN 38118 and is currently estimated at $3,689,280, approximately $52 per square foot. 3896 Lamar Ave is a home located in Shelby County with nearby schools including Getwell Elementary School, American Way Middle School, and Sheffield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Sa Hospitality Group Inc
Bought by
Murvah Llc
Current Estimated Value
$3,689,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Outstanding Balance
$150,050
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,539,230

Purchase Details

Closed on
Oct 23, 2015
Sold by
Zodiac 21 Inc
Bought by
Sa Hospitality Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 22, 2015
Sold by
Zodiac 21 Inc
Bought by
Sa Hospitality Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 28, 2011
Sold by
Hotdeals4travel Inc
Bought by
Zodiac21 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
4.06%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 6, 2009
Sold by
Inn Management Inc
Bought by
Hotdeals4travel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Murvah Llc $2,375,000 None Available
Sa Hospitality Group Inc $2,150,000 Attorney
Sa Hospitality Group Inc -- Attorney
Zodiac21 Inc $995,000 None Available
Hotdeals4travel Inc $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murvah Llc $168,700
Previous Owner Sa Hospitality Group Inc $550,000
Previous Owner Sa Hospitality Group Inc $1,650,000
Previous Owner Zodiac21 Inc $896,000
Previous Owner Hotdeals4travel Inc $230,000
Source: Public Records

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 $23,221 $1,222,160 $182,240 $1,039,920
2024 $32,162 $948,720 $162,640 $786,080
2023 $57,793 $948,720 $162,640 $786,080
2022 $57,793 $948,720 $162,640 $786,080
2021 $53,470 $948,720 $162,640 $786,080
2020 $31,882 $440,000 $162,640 $277,360
2019 $14,062 $440,000 $162,640 $277,360
2018 $14,062 $440,000 $162,640 $277,360
2017 $26,598 $813,040 $162,640 $650,400
2016 $16,679 $381,680 $0 $0
2014 $16,679 $381,680 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38118 Parkway Village

3896 Lamar Ave, Memphis, TN

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