|Home sq ft||975|
|Plot sq ft||9873|
An ideal family 3 bedroom, 1 bathroom single family home with an area of 975sq ft, residing on a 9873sq ft plot of land. The property is located in the Shelby Forest - Frayser neighbourhood of Memphis. The property provides easy access to major routes and is within close proximity to schools and parks. Local amenities 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||$32,960||975||$33.81|
The Comparable Value of $41,622 means that the current value on OwnBrix.com is at a 20.81% 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)|
|3179 Boone St||02-01-2015||$56,700||1,262||$44.93||0.20|
|2278 Theda Ave||02-03-2015||$54,700||1,040||$52.60||0.50|
|2224 Willow Wood Ave||12-01-2015||$41,300||1,275||$32.39||0.30|
2nd Mar 2017 The property has now been leased. Details of the contract and rent PCM can be found on the property page.
31st Dec 2016 Tenant applications are being received for the property.
30th Sep 2016 The lease on the property has expired. New applicants are now actively being searched for.
We have today received the rent arrears for this property and will be updating the accounts
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®.