|Home sq ft||979|
|Plot sq ft||16988|
A well positioned 2 bedroom 1 bathroom single family home with a living space of 979 sq ft on a lot size of 16,988 sq ft. The property is located in East Memphis-Colonial Yorkshire within close proximity to local attractions such as: The Memphis Country Club and The Liberty Bowl Memorial Stadium. The property is an ideal family home providing easy access to major routes, schools, University of Memphis and offers an array of local amenities including: Shopping centers, restaurants and supermarkets.
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||$42,610||979||$43.52|
The Comparable Value of $44,825 means that the current value on OwnBrix.com is at a 4.94% 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)|
|2603 Arlington Ave||18-12-2014||$52,500||894||$58.72||0.50|
|847 Marianna St||24-06-2014||$33,000||877||$37.63||0.80|
|2137 Imogene St||01-08-2014||$40,000||970||$41.24||0.90|
31st Oct 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
7th Aug 2015 Tenant applications are being received for the property.
18th May 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.
1st Oct 2014 The current tenant has been evicted from the property. New applicants are now actively being searched for.
Feb 2014 The property is now refurbished and rented.
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®.