A delightful single family home with and area of 1,238sq ft situated on 9,583 sq ft plot of land offers 4 bedrooms and 2 bathrooms. The property was built in 1980 and is situated in the established Raleigh area of Memphis within close proximity to major routes, schools and parks. A diverse range of local amenities can be located nearby 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||$57,780||1,238||$46.67|
The Comparable Value of $63,223 means that the current value on OwnBrix.com is at a 8.61% 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)|
|3782 Rainford Dr||16-01-2015||$71,400||1,320||$54.09||0.30|
|4672 Addington Dr||09-12-2014||$68,900||1,398||$49.28||0.30|
|3925 Chelsea Hill Dr||07-04-2015||$70,000||1,400||$50.00||0.50|
3rd Mar 2017 The lease on the property has expired. New applicants are now actively being searched for.
8th Apr 2016 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.
12th Mar 2015 The lease on the property has been renewed. Details of the contract and rent PCM can be found on the property page.
19th Sep 2014 New comparable property sales figures for the local area have been added, view them on the property page under the Valuation tab.
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®.