878 N 3rd St Memphis, TN 38107
North Memphis Neighborhood
2
Beds
1
Bath
1,325
Sq Ft
6,098
Sq Ft Lot
Highlights
- Traditional Architecture
- Porch
- Landscaped
- Wood Flooring
- Patio
- 3-minute walk to Bickford Park & Community Center
About This Home
As of March 2016This home is ready for investor purchase. Owner Occupant can buy and have rent for a year before moving in. This duplex can be purchased individually or with a package of 7 multi-units and 1 single family home. Call listing agent for details regarding other properties. Long time owner retiring from the business. Commission is based on individual sale. If bulked package commission is a variable. Home is in great shape. Good location and good size lot. Turn key ready.
Last Agent to Sell the Property
Ware Jones, REALTORS License #310771 Listed on: 01/16/2015
Home Details
Home Type
- Single Family
Year Built
- Built in 1965
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 40 x 155
- Landscaped
Parking
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,325 Sq Ft Home
- 1-Story Property
- Window Treatments
- Wood Flooring
Outdoor Features
- Patio
- Porch
Utilities
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Community Details
- Bickford S/D Blk C & C Lot 525 Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- 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
97
Current Estimated Value
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
Similar Homes in Memphis, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $888,000 | Delta Title Services Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Commercial |
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
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
-
P
Seller's Agent in 2016
Patrick Scifres
Fast Track Realty, LLC
-
Tina Sandoval
Seller Co-Listing Agent in 2016
Tina Sandoval
Spartan REALTORS, LLC
(901) 218-6558
256 Total Sales
-
James Wachob
Buyer's Agent in 2016
James Wachob
Foundation Property Management
(901) 440-2037
6 in this area
612 Total Sales
-
Micah Layman
Seller's Agent in 2015
Micah Layman
Ware Jones, REALTORS
(901) 634-9114
43 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9943330
APN: 02-2010-0-0011
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