See Home Value
Memphis 38122
3987 VERNON
$113,000 - $137,000
House - Off Market

3987 VERNON

Memphis, TN 38122
bedrooms
3 Beds
bathrooms
1 Bath
Sold Apr 14, 2021
$60,000
Sold Jun 10, 2009
$30,000

About This Property

New Price. Tenant current in place or will move out for owner occupied.  call your realtor for private showing.  Proof of fund or preapproval.  This property may qualify THDA  100% CLTV DPA FHA, 100% VA or 1% down conventional loan. DSCR OR No debt to ratio requires available for investor with 20% down. Foreign investors with 30% down no credit score No income. Call your loan originators or Realtors for MORE information
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Apr 4, 2024 No longer available -
No longer available
Feb 7, 2024 Price Decreased $125,000
↓ $25K (16.7%)
Price Decreased
Jan 16, 2024 Listed $150,000
Listed
Oct 6, 2021 No longer available -
No longer available
Mar 7, 2021 Listed $60,000
Listed
Cash as is offer tenant current on month to month $650. New Roof only few months old. New title floor. Walking distance to school and walking to store

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • 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: 6,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,081
  • Gross Building Area: 1,081
  • Building Area: 1,081
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,081
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRADBURY
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NGUYEN GIANG TRUONG
  • Previous Owner : TRUONG KEVIN NHAN
  • Owner Before Previous Owner: WILLIAMS JESSE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3020-0-0014
  • Lot: 12
  • Municipality: MEMPHIS
  • Latitude: 35.1631
  • Longitude: -89.928

    Address

  • Full Address: 3987 Vernon Ave
  • Address - House Number: 3987
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C058
  • 4-Digit Zip Code: 1531
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $882
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 395,172
  • High Value: 576,609
  • Low Value: 213,734

    Market Valuation

  • Market Total Value: $57,900
  • Market Land Value: $6,700
  • Market Improvement Value: $51,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,475
  • Assessed Land Value: $1,675
  • Assessed Improvements Value: $12,800

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11830481953
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21043210
  • Previous Sale Recording Date: Jun 10, 2009
  • Previous Sale Contract Date: Jun 04, 2009
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$155,000 Dec 10, 2023
-
$77/mo
House
3 Beds
1 Bath
-
$139,900 Jan 5, 2024
-
$71/mo
House
3 Beds
1 Bath
-
$130,000 Dec 28, 2023
-
$62/mo
House
4 Beds
2 Baths
-
$179,900 Dec 13, 2023
-
$80/mo
House
3 Beds
1 Bath
-
$120,000 Dec 14, 2022
-
-
House
4 Beds
1 Bath
-
$149,900 Nov 13, 2023
-
$69/mo
House
2 Beds
1 Bath
-
$144,900 Jan 11, 2024
-
$55/mo
House
2 Beds
1 Bath
-
$125,000 Oct 16, 2023
-
$55/mo
House
4 Beds
1 Bath
-
$127,500 Nov 10, 2023
-
$81/mo

About Memphis


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Frequently Asked Questions

When was property at 3987 Vernon Avenue built and last sold?
The property at 3987 Vernon Avenue was built in 1951 and last sold on Apr 7, 2021 for $60,000.
How much is this home worth?
The estimated value of the home located at 3987 Vernon Avenue is $151,500.
What are some comparable homes to 3987 Vernon Avenue?
Homes that are comparable to 3987 Vernon Avenue include a house property at 1435 Stacey Street, 4385 Shelbourne Drive, 4119 Kozar Avenue.

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