|Home sq ft||1397|
|Plot sq ft||16500|
A charming single family home offers 3 bedrooms and 1 bathroom, occupying 1,397 sq ft area and situated on a substantial 16,500sq ft lot of land. The property is located in the Shelby Forest - Frayser neighbourhood of Memphis The property provides easy access to major routes and is within close proximity to schools and parks. Local amenities include: Frayser Plaza Shopping center, 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||$48,840||1,397||$34.96|
The Comparable Value of $70,430 means that the current value on OwnBrix.com is at a 30.65% 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)|
|1680 Gowan Dr||02-12-2014||$75,000||1,166||$64.32||0.40|
|1633 Haywood Ave||24-12-2014||$59,500||1,381||$43.08||0.20|
|1557 Gowan Dr||28-04-2015||$59,700||1,305||$45.75||0.40|
31st Oct 2016 The lease on the property has been renewed. Details of the contract and rent PCM can be found on the property page.
27th Oct 2015 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
3rd Aug 2015 Tenant applications are being received for the property.
20th May 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.
6th Oct 2014 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.
June 2014 A Tenant has now moved into the home.
April 2014 The Refurbishment is now completed and we are looking for a tenant.
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®.