Check Availability
Memphis 38111
3840 MIMOSA
$517,000 - $631,000
House - In Contract

3840 MIMOSA

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
3 Baths
Sold Aug 03, 2018
$318,000
$234,900 by Patriot Bank
Mortgage Due Mar 01, 2051
Sold Jun 16, 2016
$330,000
$297,000 by Triumph Mortgage
Mortgage Due Jul 01, 2046

About This Property

Located in Highpoint Terrace,this home has been updated throughout. Cooks kitchen w/large island,gas cooking,custom cabinets,& quartzite countertops.Large living room w/gas log fireplace,shiplap walls & hardwood floors create an inviting & comfortable space.All bedrooms down.Primary suite w/just renovated ensuite bathroom,lots of closet space.Home has a second primary suite w/jetted tub. Upstairs bonus space can be used as additional 4th bedroom w/attached office/craft rm.Sep garage & elec gate
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1950
Listed By

Price History

Date / Event Date Event Price
Apr 18, 2024 In contract -
In contract
Mar 22, 2024 Listed $574,900
Listed
Aug 13, 2018 No longer available -
No longer available
Jun 14, 2018 Listed $349,000
Listed
Wonderful 1950 home remodeled to perfection! This beautiful home is located close to shopping and dining. Here are just a few of its wonderful features: 2 master bedrooms, new kitchen cabinets, stainless steel appliances, modern granite counter tops, tile backsplash, refinished original wood flooring, remodeled bathrooms, freshly painted, new roof, new electric panel. Spacious floor plan is perfect for entertaining your friends and family. This is a very special home that is move in ready…

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,911
  • Gross Building Area: 2,911
  • Building Area: 2,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,911
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN WILLOWS
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS MIMOSA 91 FT W OF EASTLAND DR

Ownership

  • Current Owner : DICKERSON JEFFREY D
  • Previous Owner : MORRIS DEREK ALLEN
  • Previous Owner 2: MORRIS MARY HOLLAND
  • Owner Before Previous Owner: GUSMUS MICHAEL
  • Owner Before Previous Owner 2: GUSMUS MARY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-4102-0-0015
  • Lot: 112
  • Municipality: MEMPHIS
  • Latitude: 35.1391
  • Longitude: -89.9334

    Address

  • Full Address: 3840 Mimosa Ave
  • Address - House Number: 3840
  • Address - Street Name: Mimosa
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 6941
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,405

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 463,026
  • High Value: 570,561
  • Low Value: 355,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,900
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Loan Amount: $234,900
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $354,900
  • Market Land Value: $81,300
  • Market Improvement Value: $273,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,725
  • Assessed Land Value: $20,325
  • Assessed Improvements Value: $68,400

    Sales

  • Current Sale Contract Date: Jul 31, 2018
  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Transaction ID: 11489574579
  • Current Sale Price: $318,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18078251
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Contract Date: Jun 10, 2016
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Aug 03, 2018
  • First Mortgage Loan Amount: $23,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: TRIUMPH MORTGAGE
  • Previous Mortgage Transaction Date: Jun 16, 2016
  • Previous Mortgage Loan Amount: $297,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
-
$599,000 Apr 3, 2024
-
$524/mo
House
3 Beds
2.5 Baths
-
$485,000 Apr 4, 2024
-
$558/mo
House
4 Beds
3 Baths
-
$597,000 Mar 23, 2024
-
$535/mo
House
4 Beds
3 Baths
-
$650,000 Mar 7, 2024
-
$670/mo

About Memphis


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Frequently Asked Questions

When was property at 3840 Mimosa Road built and last sold?
The property at 3840 Mimosa Road was built in 1950 and last sold on Jul 31, 2018 for $318,000.
How much is this home worth?
The estimated value of the home located at 3840 Mimosa Road is $580,649.
What are some comparable homes to 3840 Mimosa Road?
Homes that are comparable to 3840 Mimosa Road include a house property at 60 Sevier Street, 3672 Waynoka Avenue, 59 Devon Way.

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