NOT LISTED FOR SALE

4243 Fairmont Ave Memphis, TN 38108

Berclair Neighborhood

Estimated Value: $103,000 - $128,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2020

Last sale price $77,500 $55 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $725 / mo

12 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Home

As of October 2020

Well maintained three bedroom two bathroom house in Berclair. Quiet neighborhood. Hardwood flooring throughout much of the house. A really nice find. Oversized one car detached garage with space for a workshop. Owner/agent.

Last Agent to Sell the Property

Jay Crews

New Home Realty License #355148 Listed on: 09/25/2020

Last Buyer's Agent

Cristian Amparan

The Home Partners Realty License #351241

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54x140
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,328 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Wells Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053062 00010

Home Details

Home Type

Single Family

Year Built

Built in 1952

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: WELLS TERRACE
  • List Price Per Sq Ft: 64
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1328
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Master Bedroom: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 9
  • Acreage: 0.17
  • Lot Size: 54X140

Tax Info

  • Assessor Parcel Number: 053062 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 9, 2020
Sold by
S & J Property Holdings Llc
Bought by
Araiza Ma Elena
Seller's Agent
Jay Crews
New Home Realty
Buyer's Agent
Cristian Amparan
The Home Partners Realty
List Price
$85,000
Sold Price
$77,500
Premium/Discount to List
-$7,500
-8.82%
Current Estimated Value
$114,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,949
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Jun 28, 2018
Sold by
Laster Glenn A and Wood Catherine L
Bought by
J Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2012
Sold by
Laster Norma H
Bought by
Laster Norma H and Laster Glenn A
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
Araiza Ma Elena $77,500 Sure Title Company Llc
J Property Holdings Llc $52,500 Southern Trust Title Co
Laster Norma H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J Property Holdings Llc $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $77,500 -8.8% $65 / Sq Ft
09/25/2020 09/25/20 For Sale $85,000 -- $71 / 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 -- $18,875 $4,000 $14,875
2024 -- $18,400 $1,500 $16,900
2023 $1,121 $18,400 $1,500 $16,900
2022 $1,121 $18,400 $1,500 $16,900
2021 $635 $18,400 $1,500 $16,900
2020 $388 $12,125 $1,500 $10,625
2019 $388 $12,125 $1,500 $10,625
2018 $388 $12,125 $1,500 $10,625
2017 $397 $12,125 $1,500 $10,625
2016 $564 $12,900 $0 $0
2014 $564 $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jay Crews

    New Home Realty

    (901) 233-2984

    6 in this area

    14 Total Sales

    Jay Crews
    Section Image
  • Cristian Amparan

    Buyer's Agent in 2020

    Cristian Amparan

    The Home Partners Realty

    (901) 244-9983

    31 in this area

    310 Total Sales

    Cristian Amparan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085671

Memphis Area Association of REALTORS®

APN: 05-3062-0-0010

Tennessee Shelby County Memphis 38108 Berclair

4243 Fairmont Ave, Memphis, TN

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