See Home Value
Memphis 38108
4243 FAIRMONT
$95,663*
House - Off Market

4243 FAIRMONT

Memphis, TN 38108
bedrooms
3 Beds
bathrooms
2 Baths
$80,000 - $90,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 20, 2020
$77,500
Sold Jul 02, 2018
$52,500
$44,000 by Evolve Bank & Trust
Mortgage

About This Property

Well maintained three bedroom two bathroom house in Berclair.  Quiet neighborhood.  Hardwood flooring throughout much of the house.  A really nice find.  Oversized one car detached garage with space for a workshop.  Owner/agent.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$878
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 30, 2020 In contract -
In contract
Sep 24, 2020 Listed $85,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • 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: 7,560
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,328
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLS TERRACE A,B,C&E
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARAIZA MA ELENA
  • Previous Owner : S & J PROPERTY HOLDINGS LLC
  • Owner Before Previous Owner: LASTER GLENN A
  • Owner Before Previous Owner 2: WOOD CATHERINE L
  • 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: 05-3062-0-0010
  • Lot: 9
  • Municipality: MEMPHIS
  • Latitude: 35.1667
  • Longitude: -89.9193

    Address

  • Full Address: 4243 Fairmont Ave
  • Address - House Number: 4243
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C016
  • 4-Digit Zip Code: 3628
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,121

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 399,477
  • High Value: 581,162
  • Low Value: 217,791

    Market Valuation

  • Market Total Value: $73,600
  • Market Land Value: $6,000
  • Market Improvement Value: $67,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,400
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $16,900

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11792834754
  • Current Sale Price: $77,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20114861
  • Previous Sale Recording Date: Jul 02, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $52,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Jul 02, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $44,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
2 Beds
1 Bath
-
$95,000 Feb 14, 2024
-
$50/mo

About Memphis


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Frequently Asked Questions

When was property at 4243 Fairmont Avenue built and last sold?
The property at 4243 Fairmont Avenue was built in 1952 and last sold on Oct 9, 2020 for $77,500.
How much is this home worth?
The estimated value of the home located at 4243 Fairmont Avenue is $85,850.
What are some comparable homes to 4243 Fairmont Avenue?
There are currently no comparable homes to 4243 Fairmont Avenue.

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