NOT LISTED FOR SALE

840 Berclair Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $187,665 - $235,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $157,000 $87 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,159/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Living Room
  • Traditional Architecture
  • Brick Veneer
  • Tile Flooring

About This Home

As of October 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1195and 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: 07/16/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 59x100
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,720 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Community Details

  • Gay Re Lot 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063005 00045

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GAY
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1720
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 11
  • Acreage: 0.13
  • Lot Size: 59X100

Tax Info

  • Assessor Parcel Number: 063005 00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 29, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Hidalgo Elisa
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$157,000
Sold Price
$157,000
Current Estimated Value
$202,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,666
Avg. Annual Appreciation
6.19%
Original Mortgage
$125,600
Outstanding Balance
$114,535
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$88,131

Purchase Details

Closed on
Jul 6, 2021
Sold by
Webster Diane P
Bought by
Memphis Investment Property 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
$110,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hidalgo Elisa $157,000 Delta Title Services Llc
Memphis Investment Property Iii Llc $76,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hidalgo Elisa $125,600
Previous Owner Memphis Investment Property Iii Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $157,000 0.0% $98 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $157,000 -- $98 / 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 $1,158 $48,025 $5,250 $42,775
2024 $1,158 $34,150 $2,675 $31,475
2023 $2,080 $34,150 $2,675 $31,475
2022 $2,080 $34,150 $2,675 $31,475
2021 $2,472 $34,150 $2,675 $31,475
2020 $1,406 $19,400 $1,925 $17,475
2019 $620 $19,400 $1,925 $17,475
2018 $620 $19,400 $1,925 $17,475
2017 $635 $19,400 $1,925 $17,475
2016 $829 $18,975 $0 $0
2014 $829 $18,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    352 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    367 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104191

Memphis Area Association of REALTORS®

APN: 06-3005-0-0045

Tennessee Shelby County Memphis 38122 Berclair

840 Berclair Rd, Memphis, TN

Not Listed for Sale

Detached

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