Owner
$249,087
3908 SUMMER BREEZE CV, MEMPHIS, TN
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
2,987
property type
Single Family Residential
hoa
Yes
About
Residential
Building Quality A
Average Condition
Living Area
Attached Garage
1.5 Stories
No Basement
Central
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1996
Building Size
2,987 sq ft
Lot Size
7,343 sq ft
Lot Size (Acres)
0.17 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
D0-242O-A0-0021
County
Shelby County, Tennessee
Metro Area
Memphis, TN-MS-AR
Zoning
CA
Neighborhood/Subdivision
STANSELL CROSSING PD PHASE 8
Lot Number
154
School District
Shelby County School District
Legal Description
ES SUMMER BREEZE CV
Tax & Value Information
Market Value (Total)
$245,000
Building Value
$206,300
Land Value
$38,700
Annual Property Tax
$1,497
Tax Assessment Year
2024
Assessed Value
$61,250
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
6/15/2009
Recording Date
6/25/2009
Sales Document #
2009.74953
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$9,638
Return on Investment
15.60%
After Repair Value
$273,996
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$224,178
Renovation Cost
$12,454
Closing Costs (buying)
$4,484
Holding Costs
$6,801
Selling Costs
$16,440
Total Investment
$61,774
After Repair Value (ARV)
$273,996
Total Costs
$264,357
Estimated Profit
$9,638
Cash Invested
$57,290
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area