3651 Allandale Lane

Memphis, TN 38111

$115,000
Last Sold Price
2
Beds
1
Bath
977 Sq. Ft.
$118 / Sq. Ft.
977
Sq. Ft.
$118
per Sq. Ft.

Description

Great investment opportunity with a rare BRRRR strategy potential! This 2 bed 1 bath home needs some TLC but will make a great cashflow property. Professionally managed with renovations crews available. Market rent for this property ranges from $800-$875 after renovations. Roof is in good condition, low maintenance vinyl siding & brick home, located near U of Memphis. Home is vacant and in need of moderate renovation to make it rent ready.Great investment opportunity with a rare BRRRR strategy potential! This 2 bed 1 bath home needs some TLC but will make a great cashflow property. Professionally managed with renovations crews available. Market rent for this property ranges from $800-$875 after renovations. Roof is in good condition, low maintenance vinyl siding & brick home, located near U of Memphis. Home is vacant and in need of moderate renovation to make it rent ready.
  1. Listed by James Wachob • Foundation Property Management

Property Details for 3651 Allandale Lane

Area
758B
Style
Traditional
MAAR Subdivision Name
SHERWOOD FOREST
Legal Subdivision Name
WILSHIRE

Location

Listing Courtesy of Foundation Property Management

Sold By Foundation Property Management

Add your commute
LISTING UPDATED: 03/21/2021 06:46 PM

Property Details for 3651 Allandale Lane

StatusClosed
MLS #10091622
Days on Market4
Taxes$801 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1950
Lot Size0.22 AC / 9,583 SF
CountyShelby County

Location

Listing Courtesy of Foundation Property Management

Sold By Foundation Property Management

Add your commute

Building Information for 3651 Allandale Lane

Stories1Year Built1950Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$694 per month

30 year fixed, 7.25% Interest

Principal and Interest

$628

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3651 Allandale Lane

Summary
Location and General Information
  • Address: 3651 ALLANDALE LN
  • Address Search Number: 3651
  • Cross Street: Park
  • Directions: South of Park Ave. off Robinhood
  • Map Coordinate: B
  • MLS Map Num: Getwell/Park
  • Neighborhood Association: None
Parking
  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Parking Display: G1D
  • Parking/Storage: Front-Load Garage
Taxes and HOA Information
  • LVT Date: 01-12-2021
Property
Lot Information
  • Lot Size: 78X124
  • Acreage: .22
  • Lot Num: 28
  • Lot Description: Level
  • Parcel ID: 058045 00024
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Security: Other (See REMARKS)
  • Service Type: Full Service Listing
Utilities
  • Cooling: Window Unit(s)
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Other (See Remarks)
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Dimensions: 11x11
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 12x8
  • Floors/Ceilings: Other (See REMARKS)
  • Heating: Other (See REMARKS)
  • Kitchen Dimensions: 16x12
  • Living Room Dimensions: 15x12
  • Living/Dining/Kitchen: Other (See Remarks)
  • Master Bedroom Dimensions: 12x11
  • Total Baths: 1

Property History for 3651 Allandale Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3651 Allandale Lane

Taxable ValueLand$3,100Additions$20,000Total$23,100
Tax Record2022$1,407 ($117 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,032 SqFtAbove Grade Finished SqFt1,032 SqFtStories1Lot Size8,320 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated2007ZoningR-6CountySHELBYAPN058-045- - -00024Fireplace TypeHas Fireplace

Schools near 3651 Allandale Lane

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Sherwood Elementary School
PublicPK to 5

Sherwood Middle School
Public6 to 8

Melrose High School
Public9 to 12

Southern Avenue Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Foundation Property Management