|Home sq ft||1346|
|Plot sq ft||6960|
A cosy home presenting 4 bedrooms and 2 bathrooms providing a living area of 1,346 sq ft residing on a 6,960 sq ft plot of land. The property is located in a quiet area of Memphis making it an ideal family home granting easy access to major routes and is within close proximity to an elementary school and local park.
The comparable value for this property is based on the sale of similar properties in the same area, and is calculated using the average price per square foot multiplied by the square foot of this property. This figure is an indication of the possible value of this property. The comparable value is not the same as the OwnBrix value as several other considerations are taken into account when calculating the value on OwnBrix.
|Price||Sq Ft||Price Per Sq Ft|
|OwnBrix Current Value||$33,770||1,346||$25.09|
The Comparable Value of $52,822 means that the current value on OwnBrix.com is at a 36.07% discount compared to local comparable property sales.
All properties listed below have been sold in the area local to this OwnBrix property, and are considered to be comparable in terms of size, location and overall condition.
|Property Address||Date of Sale||Price||Sq Ft||Price per Sq Ft||Distance From Property (miles)|
|5291 Plover Dr||10-12-2014||$52,500||1,399||$37.53||0.30|
|1160 Robertson Rd||05-08-2014||$44,500||812||$54.80||0.60|
|5144 Corkwood Dr||03-12-2014||$40,000||1,280||$31.25||0.50|
30th Jun 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
30th Oct 2015 The lease on the property has been renewed. Details of the contract and rent PCM can be found on the property page.
19th May 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.
15th Dec 2014 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
15th Dec 2014 A new tenant has been found for the property. Background and credit checks are currently being conducted before the lease agreement is signed.
10th Sep 2014 New comparable property sales figures for the local area have been added, view them on the property detail page.
¹All figures are calculated as price per annum, for the whole property, unless stated otherwise.
²Total annual running costs for the property, see panel below.
³All costs are calculated as estimated price per month, per Brix®.