See Home Value
$222,437*
House - Off Market

3247 VELMAGI ST

Memphis, TN 38128
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$135,000 - $163,000
Reference Base Price*
48.39%
Since May 1, 2019
National-US
Primary Model
Sold May 08, 2019
$152,000
$145,482 by Bancorpsouth Bank
Mortgage Due Jun 01, 2049
Sold Jun 12, 2000
$113,900
$113,842 by 1st Trust Bank For Svgs
Mortgage Due Jun 01, 2030

About This Property

For more information, contact Tracy Jefferson at . Visit http://www.crye-leike.com/memphis/10048658 to view more pictures of this property. Stunning four bedroom 2.1 half bath home offers inviting entry way, formal living room and dining room and a hearth room off the chef's kitchen with a center island that's great for entertaining.  Spectacular natural lighting throughout with lots of room for a growing family.  Moderate size backyard  awaiting for you to host your next family and friends event! Call now for your private showing as this one will not last long!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
May 8, 2019 Sold to Latoya A Avant $152,000
Sold to Latoya A Avant
Apr 21, 2019 No longer available -
No longer available
Mar 25, 2019 Listed $149,900
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,092
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 870
  • Total Building Area: 2,963
  • Gross Building Area: 2,963
  • Building Area: 2,583
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,583
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RALEIGH BARTLETT MEADOWS RE
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS VELMAGI ST 94.695 FT W OF KENNETH ST

Ownership

  • Current Owner : AVANT LATOYA A
  • Previous Owner : WILLIAMS UZELL
  • Previous Owner 2: JACKSON CAROLYN
  • Owner Before Previous Owner: WILSON TERESA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020541

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 08-7064-0-0010
  • Block: F
  • Lot: 18
  • Municipality: MEMPHIS
  • Latitude: 35.2143
  • Longitude: -89.9055

    Address

  • Full Address: 3247 Velmagi St
  • Address - House Number: 3247
  • Address - Street Name: Velmagi
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 4852
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,047

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 156,207
  • High Value: 227,251
  • Low Value: 85,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,482
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: May 08, 2019
  • First Open Lien Mortgage Loan Amount: $145,482
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $134,400
  • Market Land Value: $19,200
  • Market Improvement Value: $115,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,600
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $28,800

    Sales

  • Current Sale Contract Date: Apr 29, 2019
  • Current Sale Recording Date: May 08, 2019
  • Current Sale Transaction ID: 11604523077
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19044753
  • Previous Sale Recording Date: Jun 12, 2000
  • Previous Sale Contract Date: May 30, 2000
  • Previous Sale Amount: $113,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: May 08, 2019
  • First Mortgage Loan Amount: $145,482
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: 1ST TRUST BANK FOR SVGS
  • Previous Mortgage Transaction Date: Jun 12, 2000
  • Previous Mortgage Loan Amount: $113,842
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2030



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
64 ft²
$1,986/ft²
$127,116 Oct 22, 2022
-
-
House
3 Beds
1.5 Baths
-
$174,900 Mar 3, 2023
-
$125/mo

About Frayser - Raleigh PD


Similar Homes for Sale

Unit for sale at 3279 Hanna Drive, Memphis, TN 38128

$127,116

  • 3 Beds
  • 1.5 Baths
  • 64 ft²
3279 Hanna Drive, Memphis, TN 38128 Listing by Brian Brockman

Nearby Rentals

Unit for rent at 5315 Longwood Dr, Memphis, TN, 38134

$1,795 /mo

  • 5 Beds
  • 3 Baths
  • 2,618 ft²
5315 Longwood Dr, Memphis, TN, 38134 Listing by Manager
Unit for rent at 3752 Schanna Dr, Memphis, TN, 38135

$1,549 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
3752 Schanna Dr, Memphis, TN, 38135 Listing by Manager
Unit for rent at 3238 Ruskin Rd, Memphis, TN, 38134

$1,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
3238 Ruskin Rd, Memphis, TN, 38134 Listing by Manager


Frequently Asked Questions

When was property at 3247 Velmagi Street built and last sold?
The property at 3247 Velmagi Street was built in 1965 and last sold on Apr 29, 2019 for $152,000.
How much is this home worth?
The estimated value of the home located at 3247 Velmagi Street is $151,399.
What are some comparable homes to 3247 Velmagi Street?
There are currently no comparable homes to 3247 Velmagi Street.

Quantcast