See Home Value
$90,816*
House - Off Market

2983 MEDFORD

Memphis, TN 38127
bedrooms
4 Beds
bathrooms
2 Baths
$80,000 - $90,000
Reference Base Price*
13.52%
Since Oct 1, 2021
National-US
Primary Model
Sold Sep 23, 2022
$88,000
$75,200 by Bancorpsouth Bank
Mortgage Due Oct 06, 2042
Sold Mar 26, 2020
$62,000
$496,600 by Everett Financial Inc
Mortgage Due Apr 01, 2050

About This Property

Great investment property with room for value add. Long term tenant paying $850 a month.  No showings without accepted offer.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,129
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold $88,000
Sold
Sep 18, 2021 No longer available -
No longer available
Jun 6, 2021 Relisted $80,000
Relisted
May 29, 2021 No longer available -
No longer available
Mar 16, 2021 Listed $80,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,198
  • Lot Size Depth Feet: 560
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,752
  • Gross Building Area: 2,752
  • Building Area: 2,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 2,752
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUGBY FOURTH ADDITION
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEE MAP GRID 92 N WS MEDFORD ST COR RUGBY PLACE NW

Ownership

  • Current Owner : HOME REALTY SOLUTIONS USA LLC
  • Previous Owner : KEJAC HOLDINGS LLC
  • Owner Before Previous Owner: CLUCK AMY
  • Owner Before Previous Owner 2: CLUCK DAVID
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010120

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-0078-0-0006
  • Lot: 679&680
  • Municipality: MEMPHIS
  • Latitude: 35.2071
  • Longitude: -90.0024

    Address

  • Full Address: 2983 Medford St
  • Address - House Number: 2983
  • Address - Street Name: Medford
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 8043
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,529

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 74,614
  • High Value: 82,747
  • Low Value: 66,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,200
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $75,200
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 06, 2042

    Market Valuation

  • Market Total Value: $100,400
  • Market Land Value: $4,800
  • Market Improvement Value: $95,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,100
  • Assessed Land Value: $1,200
  • Assessed Improvements Value: $23,900

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Transaction ID: 11896257853
  • Current Sale Price: $88,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 107311
  • Previous Sale Recording Date: Mar 26, 2020
  • Previous Sale Contract Date: Mar 24, 2020
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Mar 26, 2020
  • Previous Mortgage Loan Amount: $496,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$95,000 Aug 25, 2022
-
$49/mo
House
3 Beds
1 Bath
-
$95,000 Aug 29, 2022
-
$39/mo
House
3 Beds
1 Bath
-
$95,000 Aug 29, 2022
-
$38/mo
House
2 Beds
1 Bath
-
$75,000 Aug 25, 2022
-
$44/mo
House
2 Beds
1 Bath
-
$90,000 Dec 22, 2022
-
$56/mo
House
2 Beds
1 Bath
-
$95,000 Aug 26, 2022
-
$38/mo

About Frayser - Raleigh PD


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Nearby Rentals

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Frequently Asked Questions

When was property at 2983 Medford Street built and last sold?
The property at 2983 Medford Street was built in 1940 and last sold on Sep 22, 2022 for $88,000.
How much is this home worth?
The estimated value of the home located at 2983 Medford Street is $80,800.
What are some comparable homes to 2983 Medford Street?
There are currently no comparable homes to 2983 Medford Street.

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