|Home sq ft||1213|
|Plot sq ft||7405|
A immaculate single family home built in 1947 offers a living area of 1,213 sq ft, residing on 7,405 sq ft plot of land offering 3 bedrooms and 2 bathrooms. The property is located in East Memphis neighbourhood within close proximity to local attractions such as: The Memphis Country Club and The Liberty Bowl Memorial Stadium. The property provides 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||$48,780||1,213||$40.21|
The Comparable Value of $62,111 means that the current value on OwnBrix.com is at a 21.46% 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)|
|3689 Carrington Rd||26-02-2015||$77,800||1,671||$46.56||0.60|
|3644 Douglass Ave||11-02-2015||$54,750||1,148||$47.69||0.70|
|762 Patterson St||29-12-2014||$80,000||1,332||$60.06||0.70|
31st Jan 2017 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.
14th Oct 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®.