A well presented single family home offers 3 bedrooms and 1 bathroom; it occupies and area of 1,144 sq ft in size and resides on 6,969sq ft of land. The property is an ideal family home, located in the White Haven-Coro lake area of Memphis providing easy access to major routes and is within close proximity to schools and parks. There is an abundance of local amenities to 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||$48,420||1,144||$42.33|
The Comparable Value of $58,670 means that the current value on OwnBrix.com is at a 17.47% 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)|
|5184 Long Branch Dr||25-02-2015||$60,000||1,028||$58.37||0.50|
|5134 Stacey Rd||03-11-2014||$56,700||1,225||$46.29||0.30|
|5170 Stacey Rd||04-08-2014||$66,900||1,327||$50.41||0.23|
1st Dec 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
25th Jul 2016 Tenant applications are being received for the property.
27th May 2016 The current tenant has been evicted from the property. New applicants are now actively being searched for.
18th Mar 2016 The lease on the property has been renewed. Details of the contract and rent PCM can be found on the property page.
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.
8th Jan 2015 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.
June 2014 The property is now refurbished and rent ready
August 2014 This property has now been tenanted.
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®.