See Home Value
$223,833*
House - Off Market

3563 MARION

Memphis, TN 38111
bedrooms
4 Beds
bathrooms
2 Baths
$198,000 - $242,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Sep 21, 2021
$168,000
$389,698 by Bank Of Fayette County
Mortgage
Sold Feb 23, 2021
$137,500

About This Property

Cute and tastefully updated home with 4 huge bedrooms & 2 baths located near the University of Memphis is the perfect blank slate for you to add your personal touches to make it your own! Recessed lighting, new paint throughout, & newer appliances. Step outside to enjoy the deck, which is perfect for entertaining friends & family. An added bonus is the large storage bldg in the backyard. If you prefer, this home could be a great investment property. Take advantage of this great opportunity!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1941

Price History

Date / Event Date Event Price
Apr 27, 2023 No longer available -
No longer available
Apr 7, 2023 Listed $220,000
Listed
Sep 21, 2021 Sold $168,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • 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: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,537
  • Gross Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,537
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOODMAN BROS COLONIAL HEIGHTS
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS MARION

Ownership

  • Current Owner : COLLUMS PROPERTIES LLC
  • Previous Owner : AMBITUS CAPITAL LLC
  • Owner Before Previous Owner: BRALEY LEVI A
  • Owner Before Previous Owner 2: FREEMAN DILLON J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Dec 04, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007400

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 8-11
  • District: O
  • Parcel: 04-6018-0-0011
  • Lot: 155
  • Municipality: MEMPHIS
  • Latitude: 35.1087
  • Longitude: -89.9437

    Address

  • Full Address: 3563 Marion Ave
  • Address - House Number: 3563
  • Address - Street Name: Marion
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C069
  • 4-Digit Zip Code: 5728
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,987
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 218,360
  • High Value: 242,160
  • Low Value: 194,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $389,698
  • First Open Lien Mortgage Lender: BANK OF FAYETTE COUNTY
  • First Open Lien Mortgage Recording Date: Jun 01, 2022
  • First Open Lien Mortgage Loan Amount: $389,698
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $130,500
  • Market Land Value: $23,200
  • Market Improvement Value: $107,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,625
  • Assessed Land Value: $5,800
  • Assessed Improvements Value: $26,825

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11855902234
  • Current Sale Price: $168,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21116705
  • Previous Sale Recording Date: Feb 23, 2021
  • Previous Sale Contract Date: Jan 13, 2021
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: SAND HILL FUNDING LLC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $158,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$185,000 Mar 22, 2023
-
$8,211/mo
House
3 Beds
2 Baths
-
$184,000 Feb 4, 2023
-
$108/mo
House
2 Beds
1 Bath
-
$232,000 Jan 18, 2023
-
$137/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 3563 Marion Avenue built and last sold?
The property at 3563 Marion Avenue was built in 1941 and last sold on Sep 2, 2021 for $168,000.
How much is this home worth?
The estimated value of the home located at 3563 Marion Avenue is $222,200.
What are some comparable homes to 3563 Marion Avenue?
Homes that are comparable to 3563 Marion Avenue include a house property at 3327 Spottswood Avenue, 1118 Robin Hood Lane, 710 South Graham Street.

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