NOT LISTED FOR SALE

3261 Magevney St Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $136,000 - $187,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $157,000 $87 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,010/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den with Fireplace
  • Wood Flooring
  • Sun or Florida Room
  • Some Wood Windows

About This Home

As of July 2023

482-407123 HUD owned property being offered in UI (uninsurable) condition, subject to appraisal. Seller makes no representations or warranties as to property condition being sold AS IS. Seller may contribute up to 3% for buyer's closing costs upon buyer request. This property is being offered under EHO guidelines This great home features 2, larger than the typical 10x10, bedrooms, den, living room, kitchen w/pantry, laundry room and 2 baths. Call to see this beauty today

Last Agent to Sell the Property

Rae Ann Stimpson

The Carter Group LLC, REALTORS License #274350 Listed on: 05/31/2023

Last Buyer's Agent

Brenda Allen

Leaving A Legacy Realty, LLC License #284932

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x150
  • Wrought Iron Fence
  • Chain Link Fence
  • Brick Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Iron Doors
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Raleigh Manor 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085019 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Craigmont Dr
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH MANOR 3RD ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 98.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1964
  • List Price/ Sq Ft: 83
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Chain Fenced, Iron Fenced
  • Lot Number: 82
  • Acreage: 0.27
  • Lot Size: 80X150
  • Price Per Acre: 490741

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 085019 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Mackie Wolf Zientz & Mann Pc
Bought by
Us Department Of Housing And Urban Developmen
Current Estimated Value
$169,442

Purchase Details

Closed on
Jul 1, 2009
Sold by
Nichols Arthur Joe
Bought by
Nichols Arthur Joe and Nichols Beatrice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.27%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 2, 2009
Sold by
Nicholas Arthur J
Bought by
Nicholas Arthur J and Nichols Beatuice B

Purchase Details

Closed on
Feb 22, 2000
Sold by
Nichols Arthur J and Nichols Minnie E
Bought by
Nichols Arthur Joe and Nichols Minnie Evelyn

Purchase Details

Closed on
Jul 19, 1996
Sold by
Harber Thomas C and Harber Virginia T
Bought by
Nichols Arthur J and Nichols Minnie Evelyn
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
Us Department Of Housing And Urban Developmen $169,957 None Listed On Document
Nichols Arthur Joe -- None Available
Nicholas Arthur J -- None Available
Nichols Arthur Joe -- --
Nichols Arthur J $85,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Arthur Joe $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $157,000 +18.5% $98 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $132,500 -- $83 / 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 $1,041 $40,500 $5,250 $35,250
2024 $1,041 $30,700 $4,250 $26,450
2023 $1,870 $30,700 $4,250 $26,450
2022 $1,870 $30,700 $4,250 $26,450
2021 $1,892 $30,700 $4,250 $26,450
2020 $1,444 $19,925 $4,250 $15,675
2019 $1,444 $19,925 $4,250 $15,675
2018 $1,444 $19,925 $4,250 $15,675
2017 $819 $19,925 $4,250 $15,675
2016 $834 $19,075 $0 $0
2014 $834 $19,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rae Ann Stimpson

    The Carter Group LLC, REALTORS

    (901) 826-7158

    1 in this area

    99 Total Sales

    Rae Ann Stimpson
    Section Image
  • Brenda Allen

    Buyer's Agent in 2023

    Brenda Allen

    Leaving A Legacy Realty, LLC

    (901) 949-1892

    1 in this area

    44 Total Sales

    Brenda Allen
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149236

Memphis Area Association of REALTORS®

APN: 08-5019-0-0012

Tennessee Shelby County Memphis 38128 Raleigh

3261 Magevney St, Memphis, TN

This home is located at 3261 Magevney St, Memphis, TN 38128 since 31 May 2023 and is currently estimated at $169,442, approximately $94 per square foot. This property was built in 1964. 3261 Magevney St is a home located in Shelby County with nearby schools including Craigmont Middle School, Craigmont High School, and Coleman School.

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