Posted 32 days ago

3775 Kipling Ave, Memphis TN 38128

3 br | 1 ba | 960 sqft | Single-Family Home
Description provided by Trulia.
Description provided by Realty Trac.
This house NEEDS WORK, but... use your imagination and you could be getting over 18% ROI on a GREAT MEMPHIS CASH FLOW Rental Property!! We would convert this house into a 4/2 and get it rented for $800 to $850 per month. With this rent, your NET ANNUAL INCOME would be approximately $6,525 giving you a cash-on-cash return of 18.9%! $21,500..... 'as is' Purchase Price $12,000..... Rehab Costs $500..... Closing Costs $500..... Insurance ---------- $34,500..... Total Investment Last No...

Home facts for 3775 Kipling Ave

Listing Details

Status For Sale
Listing Type Resale
Lot size 8,500 sqft
Bedrooms 3
Baths 1
Price/sqft $36
Year built 1964
Days on Trulia 32
ZIP code 38128
Neighborhood Frayser - Raleigh PD
Total views
(as of 12/6/09)
4

Public Records

Street # 3775
Street Kipling Ave
City Memphis
ZIP code 38128
Beds 3
Baths 1.0
Year built 1964
Sqft 960 sqft
Lot Size 0.20 acres
Price History
Date Event Price Source
04/10/2000 Sold $63,900 Public record
03/21/2000 Sold $33,315 Public record
01/26/2000 Sold $45,289 Public record

Contact info

Jeremy Veldman
Broker: Veldman And Brown
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Additional information about 3775 Kipling Ave

This property
$34,500
Similar homes for sale
$34,433
Recently sold homes
$45,257
3775 Kipling Avenue, Memphis TN
3775 Kipling Ave, Memphis TN
$34,500
3 br   1 ba   960 sqft
Single-Family Home
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Average listing price is $34,433
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This home
Listing price: $34,500
 
Compared to similar homes
Avg. listing price: $34,433  
Avg. sales price: $45,257 -24%
Avg. price/sqft: $27 +33%
 
Compared to Frayser - Raleigh PD
Avg. listing price: $71,139 -52%
Avg. sales price: $65,438 -47%
Avg. price/sqft: $40 -10%
Comparisons are relative to similar homes on Trulia and are intended as a guide only. Home values are affected by many factors—find out more
Elementary
Middle
High
SCHOOL NAME SCHOOL TYPE PARENT RATING DISTANCE (mi)
Egypt Elementary School
Memphis City School District
Public
0.46
I went to egypt from 1st all the way through 12th and I'm extremely excited to see the improvement this school has made. The principal and staff have really…
Breath Of Life Christian Academy
Private
0.55
Keystone Elementary School
Memphis City School District
Public
0.8
I have two children that attended Keystone from 1996-2006. They received the best foundation that a public school could possibly offer. Of course, there…
Spring Hill Elementary School
Memphis City School District
Public
0.99
The teachers need to learn start paying attention to students, not other teachers. The principal needs to come out of his office, he hides in there.…
Coleman Elementary School
Memphis City School District
Public
2
I think this school is fine, my daughter is here in here @nd open enrollment yr., and I hope to get my son in, when every teachers have a problem the contact…
View all schools in:   Memphis City School District
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
Resource Center
This Single-Family Home located at 3775 Kipling Ave, Memphis TN, 38128 is currently for sale and has been listed on Trulia for 32 days. This property is listed by veldmanandbrown.vflyer.com for $34,500. 3775 Kipling Ave has has 3 beds, 1 bath, and approximately 960 square feet. The property has a lot size of 8,500 square feet and was built in 1964. 3775 Kipling Ave is in the Frayser - Raleigh PD neighborhood in Memphis and in ZIP Code 38128. The list price of $34,500 is 52% lower than the average list price of $71,139 for Frayser - Raleigh PD real estate, 54% lower than the average list price of $74,298 for 38128 real estate, and 81% lower than the average list price of $180,553 for Memphis, TN real estate. The price for this property is 47% lower than the average sales price of $65,438 for Frayser - Raleigh PD, 52% lower than the average sales price of $71,426 for 38128, and 78% lower than the average sales price of $160,047 for Memphis. The price per square foot for this property is $36, which is 10% lower than the average of $40 for Frayser - Raleigh PD, 12% lower than the average of $41 for 38128 and 62% lower than the average of $95 for Memphis.
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