|Home sq ft||1152|
|Plot sq ft||8000|
An attractive single family home providing 2 bedrooms and 1 bathroom. The property is 1,152sq ft in size and resides on a 8,000sq ft plot of land. 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||$54,740||1,152||$47.52|
The Comparable Value of $68,145 means that the current value on OwnBrix.com is at a 19.67% 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)|
|3062 Carrington Rd||07-07-2014||$60,000||900||$66.67||0.30|
|732 S Greer St||09-07-2014||$65,900||850||$77.53||0.50|
|788 Ellsworth St||12-03-2015||$48,900||1,205||$40.58||0.80|
31st Dec 2016 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
31st Jul 2016 Tenant applications are being received for the property.
27th May 2016 The lease on the property has expired. New applicants are now actively being searched for.
8th Jul 2015 The property has now been leased. 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.
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®.