See Home Value
$127,178*
House - Off Market

3380 SPRING WATER

Memphis, TN 38128
bedrooms
4 Beds
bathrooms
1.5 Baths, 1 Half Bath
$113,000 - $137,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold May 02, 2023
$114,500
$88,000 by Bank Of Bartlett
Mortgage Due Apr 14, 2053
Sold Dec 03, 2019
$87,500
$65,025 by Bank Of Springfield
Mortgage Due Dec 01, 2049

About This Property

INVESTORS ONLY!!  DO NOT DISTURB TENANT. SFH Rented for $1,015/month, managed by a Local Professional Management Company.  Lease expires 12/31/2023.  Tenant moved in 12/1/2019. Renovated in October 2019 including brand new AC condenser, roof, furnace & A-coil, & water heater.  Maintenance records and tenant ledger available upon request.  Showings only with accepted offer.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1972

Price History

Date / Event Date Event Price
May 2, 2023 Sold to Ashion M Safdari $114,500
Sold to Ashion M Safdari
Apr 18, 2023 No longer available -
No longer available
Mar 8, 2023 In contract -
In contract
Feb 2, 2023 Listed $125,000
Listed
Dec 3, 2019 Sold to Michael Back $87,500
Sold to Michael Back
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING VALLEY
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS SPRING WATER CV 94.635 FT W OF SPRING GLEN DR

Ownership

  • Current Owner : SAFDARI ASHION M
  • Previous Owner : BACK MICHAEL
  • Owner Before Previous Owner: MID SOUTH HOMEBUYERS GP
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020521

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 42-44
  • District: O
  • Parcel: 09-0005-0-0010
  • Block: B
  • Lot: 157
  • Municipality: MEMPHIS
  • Latitude: 35.2493
  • Longitude: -89.9512

    Address

  • Full Address: 3380 Spring Water Cv
  • Address - House Number: 3380
  • Address - Street Name: Spring Water
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1123
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,148

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 55,125
  • High Value: 80,196
  • Low Value: 30,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: BANK OF BARTLETT
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $88,000
  • 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: Apr 14, 2053

    Market Valuation

  • Market Total Value: $75,400
  • Market Land Value: $9,600
  • Market Improvement Value: $65,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,850
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $16,450

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Transaction ID: 11906029702
  • Current Sale Price: $114,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33684
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Nov 21, 2019
  • Previous Sale Amount: $87,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF BARTLETT
  • First Mortgage Transaction Date: May 02, 2023
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 14, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF SPRINGFIELD
  • Previous Mortgage Transaction Date: Dec 03, 2019
  • Previous Mortgage Loan Amount: $65,025
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2049



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
-
$114,950 Jan 6, 2023
-
$88/mo
House
3 Beds
1 Bath
-
$110,000 Feb 28, 2023
-
$81/mo
House
3 Beds
1 Bath
-
$105,000 Oct 14, 2022
-
-

About Frayser - Raleigh PD


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Frequently Asked Questions

When was property at 3380 Spring Water Cove built and last sold?
The property at 3380 Spring Water Cove was built in 1972 and last sold on Apr 14, 2023 for $114,500.
How much is this home worth?
The estimated value of the home located at 3380 Spring Water Cove is $126,250.
What are some comparable homes to 3380 Spring Water Cove?
Homes that are comparable to 3380 Spring Water Cove include a house property at 3445 Bradcrest Drive, 3251 Sweet Springs Drive, 4512 Spring Valley Drive.

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