NOT LISTED FOR SALE

3222 Velmagi St Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $220,000 - $267,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $147,000 $74 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,362/month

Highlights

  • Wooded Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den

About This Home

As of December 2019

9014511806 TO SCHEDULE SHOWINGS!! You don't want to miss out on this freshly remodeled home! It has all the great amentities and style needed to wow a first time home buyer! Spacious to live in and a great neigbhborhood! Close to everything! Stop by to see this gem, you will be so glad that you did!

Last Agent to Sell the Property

Kaye Thompson

BEST Real Estate Company License #328733 Listed on: 11/29/2019

BEST Real Estate Company

Last Buyer's Agent

Emanuel Martinez

KAIZEN Realty, LLC License #329790

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 2,064 Sq Ft Home
  • 1.5-Story Property
  • Separate Formal Living Room
  • Den
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Cooktop

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Patio
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Raleigh Bartlett Meadows Re Blk F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087065 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH BARTLETT MEADOWS BLK F
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 71.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2064
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Equipment: Continuous Cleaning Oven, Cooktop
  • Living Dining Kitchen: Separate Living Room, Separate Den, Washer/Dryer Connections
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wooded
  • Lot Number: 32
  • Acreage: 0.23
  • Lot Size: 80.71/81.02 X 126.28/132.69
  • Price Per Acre: 673913

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 087065 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Dec 26, 2019
Sold by
Jpsc Properties Llc
Bought by
Williams Shamika A
Seller's Agent
Kaye Thompson
BEST Real Estate Company
Buyer's Agent
Emanuel Martinez
KAIZEN Realty, LLC
List Price
$155,000
Sold Price
$147,000
Premium/Discount to List
-$8,000
-5.16%
Current Estimated Value
$239,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,363
Avg. Annual Appreciation
8.72%
Original Mortgage
$144,500
Outstanding Balance
$127,917
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$111,446

Purchase Details

Closed on
Sep 24, 2019
Sold by
Smith Gary Lee
Bought by
Jpsc Properties Llc

Purchase Details

Closed on
Jul 5, 1997
Sold by
Smith Cecil N
Bought by
Smith Cecil N and Smith Gary Lee
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Shamika A $147,000 Sure Title Company Llc
Jpsc Properties Llc $60,000 Fidelity T&E Inc
Smith Cecil N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Shamika A $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $147,000 -5.2% $82 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
11/29/2019 11/29/19 For Sale $155,000 -- $86 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,153 $57,575 $6,125 $51,450
2024 $1,153 $34,025 $4,800 $29,225
2023 $2,073 $34,025 $4,800 $29,225
2022 $2,073 $34,025 $4,800 $29,225
2021 $923 $34,025 $4,800 $29,225
2020 $1,527 $21,075 $4,800 $16,275
2019 $674 $21,075 $4,800 $16,275
2018 $674 $21,075 $4,800 $16,275
2017 $689 $21,075 $4,800 $16,275
2016 $877 $20,075 $0 $0
2014 $877 $20,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kaye Thompson

    Seller's Agent in 2019

    Kaye Thompson

    BEST Real Estate Company

    (901) 361-6824

    52 Total Sales

    Kaye Thompson
    Section Image
  • Emanuel Martinez

    Buyer's Agent in 2019

    Emanuel Martinez

    KAIZEN Realty, LLC

    (901) 800-8268

    1 in this area

    83 Total Sales

    Emanuel Martinez
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066865

Memphis Area Association of REALTORS®

APN: 08-7065-0-0026

Tennessee Shelby County Memphis 38128 Raleigh

3222 Velmagi St, Memphis, TN

This home is located at 3222 Velmagi St, Memphis, TN 38128 since 29 November 2019 and is currently estimated at $239,363, approximately $119 per square foot. This property was built in 1964. 3222 Velmagi St is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

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