|Home sq ft||1128|
|Plot sq ft||8300|
A wonderful single family home offering 2 bedrooms, 1 bathroom with an area of 1,128 sq ft and is situated on 8,300 sq ft plot of land. The property is located in Berclair- Highland Heights area of Memphis, providing easy access to major routes and is within close proximity to schools and parks. Local amenities include: 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||$45,750||1,128||$40.56|
The Comparable Value of $65,634 means that the current value on OwnBrix.com is at a 30.29% 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)|
|3617 Rhea Ave||18-07-2014||$60,000||945||$63.49||0.40|
|1028 Salem St||21-04-2015||$66,000||1,357||$48.64||0.60|
|893 Freeman St||24-10-2014||$54,900||807||$68.03||0.60|
1st Dec 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
31st Oct 2016 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.
15th Dec 2014 The property has now been leased. Details of the contract and rent PCM can be found on the property 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®.