NOT LISTED FOR SALE

Estimated Value: $162,000 - $199,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $149,900 $83 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,099/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den
  • Wood Flooring
  • Great Room
  • Eat-In Kitchen

About This Home

As of January 2023

Super cute home in Memphis with a handsome porch and tons of character! Boasting three sizable bedrooms, two full baths, hard wood floors, NO carpet, eat-in kitchen, living/sitting room, dining room, great room with fireplace, full bath in primary bedroom & so much more! Clean, and ready for it's new owner!

Last Agent to Sell the Property

John Quinn

REMAX Experts License #263284 Listed on: 11/15/2022

REMAX Experts

Last Buyer's Agent

Frank Colvett

REMAX Experts License #353596

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 61x200
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,650 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Terrace 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085002 00046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,113

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734D
  • MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Price Per Sq Ft: 90.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1650
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • 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
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 44
  • Acreage: 0.28
  • Lot Size: 61X200
  • Price Per Acre: 535357

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 085002 00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 17, 2023
Sold by
Russell Barbara
Bought by
Touray Kava Marnett
Seller's Agent
John Quinn
REMAX Experts
Buyer's Agent
Frank Colvett
REMAX Experts
List Price
$149,900
Sold Price
$149,900
Total Days on Market
13
Views
54
Current Estimated Value
$179,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,326
Avg. Annual Appreciation
7.83%
Original Mortgage
$147,184
Outstanding Balance
$143,046
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$36,180

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jul 12, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Russell Barbara
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$89,900
Sold Price
$69,000
Premium/Discount to List
-$20,900
-23.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$67,803
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2016
Sold by
Fondren Johnnie M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 25, 2007
Sold by
Spacek Laura M
Bought by
Fondren Johnnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Memphis, TN

  • 4193 Riche Rd, Memphis, TN 38128

    $156,800

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 4193 Riche Rd
    • Memphis, TN

    Investor Alert: This 3 bed / 1 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 4301 Riche Rd, Memphis, TN 38128

    $169,100

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 4301 Riche Rd
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3719 Battlefield Cove, Memphis, TN 38128

    $213,600

    • 4 Beds
    • 2 Baths
    • 1,800+ Sq Ft
    • 3719 Battlefield Cove
    • Memphis, TN

    Investor Alert: This 4 bed / 2 bath home in the Twin Lakes subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3784 Kipling Ave, Memphis, TN 38128

    $160,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft
    • 3784 Kipling Ave
    • Memphis, TN

    This move-in ready 3-bedroom, 1-bath home offers a spacious living area, fresh paint, and updated flooring throughout. Enjoy a large backyard—perfect for relaxing or entertaining. Convenient location near shops, restaurants, and major highways. Whether you're an investor or a first-time buyer, this well-kept home is a solid opportunity. Schedule your showing today!

    Blake Clothier Premier Realty Group, LLC

    Section Image
  • 2591 Bay Pointe Cir E, Memphis, TN 38128

    $185,400

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 2591 Bay Pointe Cir E
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Bay Point Cottage subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 5324 Yale Rd, Memphis, TN 38134

    $191,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 5324 Yale Rd
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Williamsburg Park subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 5569 Falling Bark Dr, Memphis, TN 38134

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 5569 Falling Bark Dr
    • Memphis, TN

    Why rent when you can own?? This newer built brick home has a full 2 car garage with all three (3) Bedrooms downstairs. Two (2) full bathrooms. Open concept and large kitchen. Conveniently located off the Interstate I-40 exit, just minutes from Midtown, Downtown and all-around town. Qualifies for 100% Financing and Down Payment Assistance. Equal Housing Opportunity. Se habla Español.

    Pablo Pereyra 901, REALTORS

    Section Image
  • 887 Sumter St, Memphis, TN 38122

    $181,900

    • 3 Beds
    • 1 Bath
    • 1,400+ Sq Ft
    • 887 Sumter St
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Bomprezzi neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3374 Given Ave, Memphis, TN 38122

    $175,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 3374 Given Ave
    • Memphis, TN

    Welcome home to this fully renovated beautiful home located just minutes from entertainment, shopping, and dining. This home has three spacious bedrooms and a spacious living/dining room area for entertaining. With beautiful finishes throughout this home is move in ready. No carpet!! Large backyard. Easy to see. Schedule your showing today!

    Kimberly Townsend C21 Patterson & Assoc. Real Es

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Touray Kava Marnett $149,900 Foundation Title & Escrow
Russell Barbara -- None Available
Federal Home Loan Mortgage Corporation $76,500 None Available
Fondren Johnnie M $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touray Kava Marnett $147,184
Previous Owner Russell Barbara $74,000
Previous Owner Russell Barbara $67,803
Previous Owner Fondren Johnnie M $102,000
Previous Owner Spacek Laura $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $149,900 0.0% $94 / Sq Ft
11/15/2022 11/15/22 For Sale $149,900 +117.2% $94 / Sq Ft
07/31/2017 07/31/17 Sold $69,000 -23.2% $38 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $89,900 -- $50 / 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 $1,113 $49,100 $3,850 $45,250
2024 $1,113 $32,825 $2,800 $30,025
2023 $2,000 $32,825 $2,800 $30,025
2022 $2,000 $32,825 $2,800 $30,025
2021 $2,023 $32,825 $2,800 $30,025
2020 $1,513 $20,875 $2,800 $18,075
2019 $667 $20,875 $2,800 $18,075
2018 $667 $20,875 $2,800 $18,075
2017 $683 $20,875 $2,800 $18,075
2016 $843 $19,300 $0 $0
2014 $843 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137698

Memphis Area Association of REALTORS®

APN: 08-5002-0-0046