Check Availability
Memphis 38122
3501 VERNON
$92,900
↓ $7K (7%)
House - For Sale

3501 VERNON

Memphis, TN 38122
bedrooms
2 Beds
bathrooms
1 Bath
$497
Estimated Monthly
13.04%
Cap Rate

About This Property

As Is Sale. 2BR/1BA plus office. Home is priced according to estimated work needed. Hardwood floors. Laundry hookups in kitchen. No blind offers will be accepted. Also for sale are 3787 Fairmont, 3644 Fairmont, 3724 Fairmont, 3606 Vernon, 3498 Vernon, and 754/756 Breedlove. All are listed on MLS.
Unit Size
-
Days on Market
39 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$41
HOA Dues
-
Year Built
1952

Listed By

Last updated: 23 days ago (MAARTN #10172023)

Price History

Date / Event Date Event Price
May 25, 2024 Price Decreased $92,900
↓ $7K (7%)
Price Decreased
May 9, 2024 Listed by InCity Realty $99,900
Listed by InCity Realty
Feb 11, 2008 Sold to Rob Thompson $14,500
Sold to Rob Thompson
Aug 30, 2007 Sold to National Mortgage Associati... $37,529
Sold to National Mortgage Associati...

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 932
  • Gross Building Area: 932
  • Building Area: 932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 932
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: E O BAILEY
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS VERNON

Ownership

  • Current Owner : THOMPSON ROB
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: JONES MELVIN L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001100

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 6-54
  • District: O
  • Parcel: 04-3070-0-0011
  • Block: 10
  • Lot: 70
  • Municipality: MEMPHIS
  • Latitude: 35.1663
  • Longitude: -89.9438

    Address

  • Full Address: 3501 Vernon Ave
  • Address - House Number: 3501
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C082
  • 4-Digit Zip Code: 4941
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 385,029
  • High Value: 560,143
  • Low Value: 209,914

    Market Valuation

  • Market Total Value: $32,000
  • Market Land Value: $6,100
  • Market Improvement Value: $25,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,000
  • Assessed Land Value: $1,525
  • Assessed Improvements Value: $6,475

    Sales

  • Current Sale Contract Date: Jan 31, 2008
  • Current Sale Recording Date: Feb 11, 2008
  • Current Sale Transaction ID: 1176751647
  • Current Sale Price: $14,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 08020006
  • Previous Sale Recording Date: Aug 30, 2007
  • Previous Sale Contract Date: Aug 23, 2007
  • Previous Sale Amount: $37,529
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
2 Beds
2 Baths
-
$99,000 Feb 1, 2024
-
$67/mo
Townhouse
2 Beds
2 Baths
-
$92,000 Apr 9, 2024
-
$65/mo
House
3 Beds
1 Bath
-
$118,000 Feb 14, 2024
-
$39/mo
Commercial
Loft
-
-
$105,000 Sep 2, 2023
-
$474/mo
Multifamily
4 Beds
2 Baths
-
$105,000 Feb 1, 2024
-
$59/mo

About Memphis


Similar Homes for Sale

Unit for sale at 1540 Orr Street, Memphis, TN 38108

$105,000

  • 4 Beds
  • 2 Baths
1540 Orr Street, Memphis, TN 38108 Listing by Michael Valenza
Unit for sale at 3365 Jackson Avenue, Memphis, TN 38122

$105,000

  • Commercial
3365 Jackson Avenue, Memphis, TN 38122 Listing by Raven Henderson
Unit for sale at 3718 Townes Avenue, Memphis, TN 38122

$118,000

  • 3 Beds
  • 1 Bath
3718 Townes Avenue, Memphis, TN 38122 Listing by Casey Armstrong

Nearby Rentals

Unit for rent at 1610 Ozan, Memphis, TN, 38108

$1,000 /mo

  • 3 Beds
  • 1 Bath
1610 Ozan, Memphis, TN, 38108 Listing by Adam Watson


Frequently Asked Questions

When was property at 3501 Vernon Avenue built and last sold?
The property at 3501 Vernon Avenue was built in 1952 and last sold on Jan 31, 2008 for $14,500.
How much is this home worth?
The estimated value of the home located at 3501 Vernon Avenue is $93,829.
What are some comparable homes to 3501 Vernon Avenue?
Homes that are comparable to 3501 Vernon Avenue include a multifamily property at 3581 Rockwood Avenue, a townhouse property at 3981 Grahamdale Circle, a house property at 3718 Townes Avenue.

Quantcast