NOT LISTED FOR SALE

3517 Madewell St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $81,800 - $145,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $36,000 $23 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $607/month

Highlights

  • In Ground Pool
  • Screened Porch
  • Some Wood Windows
  • Separate Formal Living Room
  • Den
  • Eat-In Kitchen

About This Home

As of December 2020

A 3 bedroom, 1.5 bath home with in ground pool. Property is Owned by US Dept. of HUD; case# 482-440139 (insured escrow) subject to appraisal, Seller makes no representations or warranties as to the property condition. HUD homes are sold "as is" Pre-1978 Properties to include LBP Notices, Equal Housing Opportunity, Seller may contribute up to 3% for buyer closing cost upon buyer request. Owner occupant bids only! No investor bids accepted at this time.

Last Agent to Sell the Property

Kim Laughter-Foley

Laughter Realty Company License #319336 Listed on: 10/21/2020

Co-Listed By

Liz Laughter

Laughter Realty Company License #279163

Last Buyer's Agent

Area Mays

KAIZEN Realty, LLC License #314503

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 70x190
  • Wood Fence
  • Level Lot

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,404 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Den
  • Screened Porch
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Ridgecrest 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070001 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 726B
  • MAAR Subdivision Name: RIDGECREST 4TH ADD
  • List Price Per Sq Ft: 24
  • Number Of Stories: 1
  • Price Per Sq Ft: 25.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1404
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Screen Porch, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Pool Description: In Ground

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 43
  • Acreage: 0.3
  • Lot Size: 70X190
  • Price Per Acre: 110000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070001 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 10, 2020
Sold by
Secretary Of Hsng & Urband Eevelopment O
Bought by
Murillo Ell O and Santana Joanne
Seller's Agent
Kim Laughter-Foley
Laughter Realty Company
Buyer's Agent
Area Mays
KAIZEN Realty, LLC
List Price
$33,000
Sold Price
$36,000
Premium/Discount to List
$3,000
9.09%
Current Estimated Value
$104,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,700
Avg. Annual Appreciation
24.57%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Scott Lonnie D
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 11, 2011
Sold by
Fannie Mae
Bought by
Whitfield Bonita

Purchase Details

Closed on
Sep 17, 2010
Sold by
Madison Idella
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 27, 2005
Sold by
Smith Jere W and Smith Christine L
Bought by
Madison Idella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Murillo Ell O $36,000 None Available
Secretary Of Housing & Urban Development -- None Available
Whitfield Bonita $17,000 None Available
Federal National Mortgage Association $59,140 None Available
Madison Idella $62,000 Realty Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madison Idella $55,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $36,000 +9.1% $26 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $33,000 -- $24 / 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 $692 $25,700 $1,775 $23,925
2024 $692 $20,400 $1,525 $18,875
2023 $1,243 $20,400 $1,525 $18,875
2022 $1,243 $20,400 $1,525 $18,875
2021 $1,257 $20,400 $1,525 $18,875
2020 $1,109 $15,300 $1,525 $13,775
2019 $489 $15,300 $1,525 $13,775
2018 $489 $15,300 $1,525 $13,775
2017 $501 $15,300 $1,525 $13,775
2016 $612 $14,000 $0 $0
2014 $612 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kim Laughter-Foley

    Laughter Realty Company

    (901) 573-2904

    1 in this area

    53 Total Sales

    Kim Laughter-Foley
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Liz Laughter

    Laughter Realty Company

    (901) 647-5240

    1 in this area

    7 Total Sales

    Liz Laughter
    Section Image
  • Area Mays

    Buyer's Agent in 2020

    Area Mays

    KAIZEN Realty, LLC

    (901) 335-9324

    3 in this area

    356 Total Sales

    Area Mays
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10087311

Memphis Area Association of REALTORS®

APN: 07-0001-0-0030

Tennessee Shelby County Memphis 38127 Frayser

3517 Madewell St, Memphis, TN

This home is located at 3517 Madewell St, Memphis, TN 38127 since 21 October 2020 and is currently estimated at $104,700, approximately $65 per square foot. This property was built in 1955. 3517 Madewell St is a home located in Shelby County with nearby schools including Trezevant High School, Cornerstone Prep Denver Campus, and Compass Community School Frayser Campus.

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