NOT LISTED FOR SALE

3424 Felton Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $106,000 - $151,000

4 Beds
1 Bath
1,200-1,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $93,000 $66 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $714/month

Highlights

  • 0.8 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property

About This Home

As of April 2022

Excellent investment opportunity. Desirable area. Covered parking. Well maintained. Tenant occupied, cash flowing and professionally managed. Rent is currently 850/mo, lease ends 7/31. Near the Nike and Amazon Plants. DO NOT APPROACH OR DISTURB THE TENANT. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO WHOLESALE OR ASSIGNMENTS. Bulk opportunity available. MLS #s: 10120049, 10120050, 10120051, 10120052, 10120054, 10120055, 10120057

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 03/22/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 03/22/2022

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1962

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100x350
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,224 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Allen Rd Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084011 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$632

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ALLEN RD HEIGHTS
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1224
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 55
  • Acreage: 0.8
  • Lot Size: 100X350

Tax Info

  • Assessor Parcel Number: 084011 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Apr 22, 2022
Sold by
Torres and Mary
Bought by
Smith Dispoto Properties Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$90,000
Sold Price
$93,000
Premium/Discount to List
$3,000
3.33%
Current Estimated Value
$126,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,407
Avg. Annual Appreciation
9.11%
Original Mortgage
$65,100
Outstanding Balance
$57,595
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$68,812

Purchase Details

Listed on
Apr 26, 2020
Closed on
Aug 18, 2020
Sold by
Hentzen Kit
Bought by
Torres Brian and Beh Mary
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.91%
Original Mortgage
$48,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2019
Closed on
Nov 15, 2019
Sold by
Simmons Ramsey Brenda
Bought by
Hentzen Kit
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$45,000
Sold Price
$36,000
Premium/Discount to List
-$9,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.36%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Dispoto Properties Llc $93,000 Memphis Title
Torres Brian $64,000 Memphis Title Company
Hentzen Kit $36,000 Nexus Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dispoto Properties Llc $65,100
Previous Owner Torres Brian $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $93,000 +3.3% $78 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $90,000 +40.6% $75 / Sq Ft
08/18/2020 08/18/20 Sold $64,000 -8.4% $53 / Sq Ft View Prior Sale
06/18/2020 06/18/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $69,900 -12.5% $58 / Sq Ft
04/26/2020 04/26/20 For Sale $79,900 +121.9% $67 / Sq Ft
11/18/2019 11/18/19 Sold $36,000 -20.0% $36 / Sq Ft View Prior Sale
11/18/2019 11/18/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $45,000 -- $45 / 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 $632 $29,000 $3,250 $25,750
2024 $632 $18,650 $2,900 $15,750
2023 $1,136 $18,650 $2,900 $15,750
2022 $1,136 $18,650 $2,900 $15,750
2021 $1,149 $18,650 $2,900 $15,750
2020 $1,147 $15,825 $2,900 $12,925
2019 $506 $15,825 $2,900 $12,925
2018 $506 $15,825 $2,900 $12,925
2017 $518 $15,825 $2,900 $12,925
2016 $607 $13,900 $0 $0
2014 $607 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2022

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    83 in this area

    1,197 Total Sales

    Tyler Tapley
    Section Image
  • Dean Harris

    Seller's Agent in 2019

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    117 in this area

    1,438 Total Sales

    Dean Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120057

Memphis Area Association of REALTORS®

APN: 08-4011-0-0029

Tennessee Shelby County Memphis 38128 Raleigh

3424 Felton Rd, Memphis, TN

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