NOT LISTED FOR SALE

3249 Covington Pike Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $230,000 - $285,000

4 Beds
3 Baths
2,727 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $100,000 $37 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,518/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Tennis Courts
  • Main Floor Primary Bedroom
  • Community Pool
  • Den

About This Home

As of May 2014

4bdr/3ba Raleigh Ridge home ready for move in. walking distance to shopping and restaurants. W/D and fridge stay with home. Lots of updates and tons of storage. Double garage with extra parking. Fenced in backyard!

Last Agent to Sell the Property

Robin Fauser

Coldwell Banker Collins-Maury License #287935 Listed on: 02/17/2014

Coldwell Banker Collins-Maury

Last Buyer's Agent

L. Diane Tate

Tate Realty and Construction License #280888

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 85 x 148.68
  • Chain Link Fence
  • Level Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,727 Sq Ft Home
  • 1.7-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Storage Room
  • Washer and Dryer Hookup
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Lower Fixtures
  • Doors are 32 inches wide or more

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 087053 A00017

Community Details

Overview

  • Raleigh Ridge Park Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0.28 Acres

HOA Fees

$15 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH RIDGE PARK
  • Freestanding: Yes
  • Handicap Design: Wide Doors, Accessible Fixtures
  • List Price Per Sq Ft: 37
  • Number Of Stories: 1.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2727
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Covered Patio, Nbrhd Recreation Facility
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding, Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 185
  • Neighborhood Amenities: Pool, Tennis Court
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 17
  • Acreage: 0.28
  • Lot Size: 85 X 148.68

Tax Info

  • Assessor Parcel Number: 087053 A00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
May 19, 2014
Sold by
Thompson Janet R
Bought by
Stewart Nakia
Seller's Agent
Robin Fauser
Coldwell Banker Collins-Maury
Buyer's Agent
L. Diane Tate
Tate Realty and Construction
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$259,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,114
Avg. Annual Appreciation
8.36%
Original Mortgage
$84,452
Outstanding Balance
$64,169
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$194,945
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Stewart Nakia $100,000 Edco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Nakia $84,452
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2014 05/19/14 Sold $100,000 -9.1% $37 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $110,000 -- $40 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,414 $63,475 $6,250 $57,225
2024 $1,414 $41,725 $5,225 $36,500
2023 $2,542 $41,725 $5,225 $36,500
2022 $2,542 $41,725 $5,225 $36,500
2021 $2,572 $41,725 $5,225 $36,500
2020 $2,033 $28,050 $5,225 $22,825
2019 $2,033 $28,050 $5,225 $22,825
2018 $2,033 $28,050 $5,225 $22,825
2017 $1,153 $28,050 $5,225 $22,825
2016 $1,041 $23,825 $0 $0
2014 $1,041 $23,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3290693

Memphis Area Association of REALTORS®

APN: 08-7053-A0-0017

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