See Home Value
$80,000 - $90,000
House - Off Market

3162 CHISCA

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
1 Bath
Sold Apr 01, 2024
$75,000
$100,000 by Medallion Fin'l Services Inc
Mortgage Due Sep 28, 2024
Sold Apr 25, 2019
$48,000
$56,800 by Commercial Bank And Trust Comp
Mortgage Due Apr 24, 2020

About This Property

Part of a 5 Property Package, property list and rental amounts are attached to the document section of this listing. Package can be split up. Please use offer information Sheet attached to this listing when making an offer. All of the properties are currently leased and occupied. NO WHOLESALERS! No sign on property. TENANT RIGHTS. No entry w/o an accepted offer. DO NOT DISTURB TENANTS. Text or call listing agent for more information.  All properties rented & collect $3500/mo.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Mar 18, 2024 No longer available -
No longer available
Feb 8, 2024 In contract -
In contract
Dec 6, 2023 Listed $85,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • 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
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,124
  • Gross Building Area: 2,124
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,124
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK AVE TERRACE
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CHISCA

Ownership

  • Current Owner : AKINS ANDREW C
  • Previous Owner : OPEN DOOR MEMPHIS LLC
  • Owner Before Previous Owner: COPELAND JACK J
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 8-207
  • District: O
  • Parcel: 04-5081-0-0032
  • Lot: 86
  • Municipality: MEMPHIS
  • Latitude: 35.109
  • Longitude: -89.9571

    Address

  • Full Address: 3162 Chisca Ave
  • Address - House Number: 3162
  • Address - Street Name: Chisca
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 3020
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501

    Appraisal Valuation

  • Standard Deviation: 0.1088
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 89
  • Final Value: 79,551
  • High Value: 88,208
  • Low Value: 70,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: MEDALLION FIN'L SERVICES INC
  • First Open Lien Mortgage Recording Date: Apr 01, 2024
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 4
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2024

    Market Valuation

  • Market Total Value: $59,100
  • Market Land Value: $4,000
  • Market Improvement Value: $55,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,775
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $13,775

    Sales

  • Current Sale Contract Date: Mar 22, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Transaction ID: 11923531800
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26046
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEDALLION FIN'L SERVICES INC
  • First Mortgage Transaction Date: Apr 01, 2024
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 4
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 28, 2024

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL BANK AND TRUST COMP
  • Previous Mortgage Transaction Date: Apr 25, 2019
  • Previous Mortgage Loan Amount: $56,800
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 24, 2020



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$79,000 Feb 6, 2024
-
$59/mo
House
3 Beds
1 Bath
-
$95,500 Nov 4, 2023
-
$56/mo
House
2 Beds
1 Bath
-
$84,900 Sep 7, 2023
-
$53/mo
House
2 Beds
1 Bath
-
$95,000 Dec 15, 2023
-
$49/mo
House
2 Beds
1 Bath
-
$89,000 Aug 25, 2023
-
$46/mo
House
2 Beds
1 Bath
-
$70,000 Jan 25, 2024
-
$49/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 3162 Chisca Avenue built and last sold?
The property at 3162 Chisca Avenue was built in 1940 and last sold on Mar 22, 2024 for $75,000.
How much is this home worth?
The estimated value of the home located at 3162 Chisca Avenue is $85,850.
What are some comparable homes to 3162 Chisca Avenue?
Homes that are comparable to 3162 Chisca Avenue include a house property at 2941 Carrington Road, 3055 Hoskins Road, 3047 Park Avenue.

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