NOT LISTED FOR SALE

Estimated Value: $59,505 - $94,000

1 Bed
1 Bath
1,325 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $35,000 $26 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $484/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Vinyl Flooring
  • 3-minute walk to Bickford Park & Community Center

About This Home

As of March 2016

This home is located at 878 N 3rd St, Memphis, TN 38107 since 28 December 2015 and is currently estimated at $81,876, approximately $61 per square foot. This property was built in 1965. 878 N 3rd St is a home located in Shelby County with nearby schools including Downtown Elementary School, Manassas High School, and Memphis Scholars Caldwell-Guthrie.

Last Agent to Sell the Property

Patrick Scifres

Fast Track Realty, LLC License #332811 Listed on: 12/28/2015

Co-Listed By

Tina Sandoval

Spartan REALTORS, LLC License #312887

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40 x 155
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Eat-In Kitchen

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Bickford S/D Blk C & C Lot 525 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022010 00011

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • MLS Map #: 741B
  • MAAR Subdivision Name: BICKFORD BLK C
  • Freestanding: Yes
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.42
  • Estimated Sq Ft: 1325
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Street Parking Only

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 28
  • Acreage: 0.14
  • Lot Size: 40 X 155
  • Price Per Acre: 250000

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 022010 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Delforia Properties Llc
Bought by
Orchard Grove Holdings Llc
Total Days on Market
1
Current Estimated Value
$81,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$206,760
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
-$124,884
Source: Public Records

Similar Homes in Memphis, TN

  • 1060 Forrest Ave, Memphis, TN 38105

    $100,000

    • 2 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1060 Forrest Ave
    • Memphis, TN

    Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

    Tammy Taylor KAIZEN Realty, LLC

    Section Image
  • 1862 Dupont Ave, Memphis, TN 38127

    $100,000

    • 2 Beds
    • 1 Bath
    • 100+ Sq Ft
    • 1862 Dupont Ave
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 2775 Windsor Pkwy, Memphis, TN 38127

    $98,000

    • 3 Beds
    • 1 Bath
    • 886 Sq Ft
    • 2775 Windsor Pkwy
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,475 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 2320 Devoy Ave, Memphis, TN 38108

    $60,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 2320 Devoy Ave
    • Memphis, TN

    Build your investment portfolio. Great TENANT OCCUPIED home marketed in a package with 3 other homes 1052 Seymour, 1058 Seymour, 2252 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB TENANT. As Is Sell.

    Tammy Taylor KAIZEN Realty, LLC

    Section Image
  • 2316 Norman Ave, Memphis, TN 38108

    $83,000

    • 2 Beds
    • 1 Bath
    • 100+ Sq Ft
    • 2316 Norman Ave
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    Section Image
  • 3127 Chandler St, Memphis, TN 38127

    $90,000

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 3127 Chandler St
    • Memphis, TN

    Charming 3 Bedroom, 1 Bath Home – Ideal for Owner-Occupant or Investment! Step into this adorable home featuring durable LVP flooring throughout. Enjoy a spacious separate living room perfect for relaxing or entertaining. The eat-in kitchen offers a functional layout with room for dining. The bathroom has been tastefully updated, adding a modern touch. With three bedrooms, this home provides

    Tina Andrade Fast Track Realty, LLC

    Section Image
  • 1479 Estill St, Memphis, TN 38109

    $62,500

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 1479 Estill St
    • Memphis, TN

    BACK ON THE MARKET!! Property being sold AS-IS! This home is a 3BD/1BA on a huge lot! There is a room addition that could be a 4th bedroom! Just needs a little TLC! Call for an appointment!

    Renee Rucker KAIZEN Realty, LLC

    Section Image
  • 1584 Carpenter St, Memphis, TN 38108

    $90,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 1584 Carpenter St
    • Memphis, TN

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,451 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

    Harry Samuels Pinnacle Realty

    Section Image
  • 1120 Cella St, Memphis, TN 38114

    $93,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 1120 Cella St
    • Memphis, TN

    Looking for your first home or your next cash-flowing rental? This beautiful renovated home is move-in ready. Schedule your appointment today.

    Vivian Denogean Fast Track Realty, LLC

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Orchard Grove Holdings Llc $888,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orchard Grove Holdings Llc $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $35,000 0.0% $26 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
12/28/2015 12/28/15 For Sale $35,000 +118.8% $26 / Sq Ft
04/29/2015 04/29/15 Sold $16,000 -36.0% $12 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $25,000 -- $19 / 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 -- $18,080 $2,760 $15,320
2024 $289 $8,520 $920 $7,600
2023 $519 $8,520 $920 $7,600
2022 $519 $8,520 $920 $7,600
2021 $525 $8,520 $920 $7,600
2020 $739 $10,200 $920 $9,280
2019 $739 $10,200 $920 $9,280
2018 $740 $10,200 $920 $9,280
2017 $419 $10,200 $920 $9,280
2016 $418 $9,560 $0 $0
2014 $418 $9,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9967906

Memphis Area Association of REALTORS®

APN: 02-2010-0-0011