3043 Carnes Ave Memphis, TN 38111
Orange Mound Neighborhood
4
Beds
2
Baths
1,792
Sq Ft
1964
Built
Highlights
- Tile Flooring
- Central Heating and Cooling System
- Property has 3 Levels
About This Home
As of May 2025Investors.......Two doors are better than one!! This duplex is located near University of Memphis! It is vacant now and was previously rented for $850 a month on each side. It has a brand new roof replaced 2024! The duplex just needs cosmetic work inside and out to make rent ready. No wholesalers and seller will not entertain seller financing offers. Call today for more info or to make an offer! Walk through video available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,232
Year Built
- Built in 1964
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,792 Sq Ft Home
- Property has 3 Levels
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 50 x 120.66
- Central Heating and Cooling System
Community Details
- Corbett Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 045082 00027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
May 14, 2025
Sold by
Walker Darnell
Bought by
Banks Lakeisha P
List Price
$139,000
Sold Price
$128,500
Premium/Discount to List
-$10,500
-7.55%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,197
Avg. Annual Appreciation
2.01%
Original Mortgage
$102,000
Outstanding Balance
$101,452
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$29,245
Purchase Details
Listed on
Sep 23, 2018
Closed on
Nov 9, 2018
Sold by
Howell Reginald
Bought by
Walker Darnell
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Purchase Details
Closed on
Mar 31, 2000
Sold by
Linell Jeffries
Bought by
Norfleet James and Norfleet Rosetta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,971
Interest Rate
8.38%
Mortgage Type
FHA
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 | $136,000 | None Listed On Document | |
| Warranty Deed | $57,000 | Close Trak Closing & Title | |
| Warranty Deed | $55,000 | -- | |
| Warranty Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $102,000 | New Conventional | |
| Previous Owner | $54,971 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $139,000 | +8.2% | $78 / Sq Ft | |
| 05/22/2025 05/22/25 | Sold | $128,500 | +125.4% | $72 / Sq Ft | |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- | |
| 11/09/2018 11/09/18 | Sold | $57,000 | -12.3% | $32 / Sq Ft | View Prior Sale |
| 11/09/2018 11/09/18 | Pending | -- | -- | -- | |
| 09/23/2018 09/23/18 | For Sale | $65,000 | -- | $36 / Sq Ft |
Source: Realtracs
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 | $475 | $32,800 | $2,450 | $30,350 |
| 2024 | $475 | $14,000 | $1,000 | $13,000 |
| 2023 | $853 | $14,000 | $1,000 | $13,000 |
| 2022 | $853 | $14,000 | $1,000 | $13,000 |
| 2021 | $863 | $14,000 | $1,000 | $13,000 |
| 2020 | $891 | $12,300 | $1,000 | $11,300 |
| 2019 | $393 | $12,300 | $1,000 | $11,300 |
| 2018 | $393 | $12,300 | $1,000 | $11,300 |
| 2017 | $402 | $12,300 | $1,000 | $11,300 |
| 2016 | $693 | $15,850 | $0 | $0 |
| 2014 | $693 | $15,850 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3054957
APN: 04-5082-0-0027
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