3816 Lakehurst Dr, Memphis, TN 38128

4 beds3 baths3,096 sqft

Pending
$109,900
Zestimate®: $123,786
Est. Mortgage
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes

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Rent Range of Comparable Properties in the Area:$1195-$1295
Rehab Included in Purchase Price:$29,800
*Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time.
*All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.

Facts

  • Lot: 0.69 acres
  • Single Family
  • Built in 1968
  • 76 days on Zillow
  • Views: 1,866 all time views
  • 4 shoppers saved this home
  • Cooling: Central
  • Heating: Other
  • Last sold: Jun 2015 for $52,000
  • Last sale price/sqft: $17

Features

  • Fireplace
  • Parking: 441 sqft

    Construction

    • Exterior material: Brick
    • Roof type: Shake Shingle
    • Room count: 9
    • Stories: 2
    • Unit count: 1

    Other

    • Floor size: 3,096 sqft
    • Lot depth: 230
    • Lot width: 130
    • Parcel #: 086015 00069
    • Zillow Home ID: 42275040

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $123,786
    -$2,841 Last 30 days
    $113K
    $134K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,213/mo
    -$8 Last 30 days
    $1.1K
    $1.4K
    Zestimate range

    Comparable Homes

    Homes like this sold for $68-173K.

    $50K
    $190K

    Popularity on Zillow

    328 views since listing
    1,866 all-time (chart)
    4 shoppers saved
    this home to their list of favorites

    Mortgages

    Neighborhood: Raleigh

    Zillow predicts Raleigh home values will rise 3.4% next year, compared to a 2.5% increase for Memphis as a whole. Among Raleigh homes, this home is 62.3% more expensive than the midpoint (median) home, but is priced 18.6% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Raleigh, the number of foreclosures waiting to be sold is 50.8% greater than in Memphis, and 221.8% greater than the national average. This higher local number may prevent Raleigh home values from rising as quickly as other regions in Memphis.

    Learn more about forecast calculations or Raleigh home values.
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    Nearby

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      Nearby Schools in Memphis

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org