|Home sq ft||1140|
|Plot sq ft||8040|
A wonderful single family home offers 3 bedrooms, 1 full bathroom and 1 partial bathroom and covers 1,140 sq ft in size and is situated on a 8,040 sq ft lot of land, located in a quaint area of Memphis with easy access to local amenities. The property is in a quaint area of Memphis, allowing easy access to major routes
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||$39,470||1,140||$34.62|
The Comparable Value of $44,738 means that the current value on OwnBrix.com is at a 11.78% 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)|
|5144 Corkwood Dr||03-12-2014||$40,000||1,280||$31.25||0.10|
|5291 Plover Dr||10-12-2014||$52,500||1,399||$37.53||0.40|
|1160 Robertson Rd||05-08-2014||$44,500||812||$54.80||0.80|
3rd Aug 2015 The lease on the property has been renewed. Details of the contract and rent PCM can be found on the property page.
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.
July 2014The property is now tenanted at $7,116 pa.
June 2014The property is now refurbished and rent ready.
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®.