See Home Value
$121,000 - $147,000
House - Off Market

3864 HOBSON

Memphis, TN 38128
bedrooms
3 Beds
bathrooms
2 Baths

About This Property

Great rental potential. Large lot with spacious 3 bedrooms, 2 baths.Newly updated kitchen, owner's bathroom and hallway bathroom. Recently replaced HVAC, electrical wiring, plumbing, and roof. Well-maintained and move-in ready. Could start generating revenue immediately. Sold AS-IS. Cash Only, Seller will not make repairs.
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1978

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Apr 15, 2024 Listed $134,500
Listed
Feb 9, 2024 No longer available -
No longer available
Dec 6, 2023 Price Decreased $210,000
↓ $30K (12.3%)
Price Decreased
Oct 3, 2023 Price Decreased $239,500
↓ $11K (4.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • 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
  • Garage Type: Attached
  • Garage Square Area: 916
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,940
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,196
  • Gross Building Area: 3,196
  • Building Area: 2,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,280
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYMUS BROOKS
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES HOBSON RD 82.8 FT N OF HAWKINS MILL RD

Ownership

  • Current Owner : DIVERSIFI LLC
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: THOMAS ALVERY S
  • Owner Before Previous Owner 2: THOMAS MARY ELLA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020524

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 09-0058-0-0233
  • Municipality: MEMPHIS
  • Latitude: 35.2304
  • Longitude: -89.9385

    Address

  • Full Address: 3864 Hobson Rd
  • Address - House Number: 3864
  • Address - Street Name: Hobson
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C015
  • 4-Digit Zip Code: 2080
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,520

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 89
  • Final Value: 231,505
  • High Value: 256,737
  • Low Value: 206,273

    Market Valuation

  • Market Total Value: $99,800
  • Market Land Value: $4,300
  • Market Improvement Value: $95,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,950
  • Assessed Land Value: $1,075
  • Assessed Improvements Value: $23,875

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Transaction ID: 11635316121
  • Current Sale Price: $54,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 19080673
  • Previous Sale Recording Date: Sep 05, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Amount: $64,000
  • 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
House
3 Beds
2 Baths
-
$134,950 Mar 14, 2024
-
$89/mo
House
3 Beds
2 Baths
-
$140,050 Mar 13, 2024
-
$129/mo
House
3 Beds
1 Bath
-
$114,900 Mar 25, 2024
-
$76/mo
House
3 Beds
1.5 Baths
-
$109,900 Apr 9, 2024
-
$78/mo
House
4 Beds
1.5 Baths
-
$120,000 Nov 3, 2023
-
$73/mo

About Frayser - Raleigh PD


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Frequently Asked Questions

When was property at 3864 Hobson Road built and last sold?
The property at 3864 Hobson Road was built in 1978 and last sold on Jul 29, 2019 for $54,900.
How much is this home worth?
The estimated value of the home located at 3864 Hobson Road is $135,845.
What are some comparable homes to 3864 Hobson Road?
Homes that are comparable to 3864 Hobson Road include a house property at 3579 Russelwood Drive, 4227 Hobson Road, 3587 Big Tree Cove.

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