NOT LISTED FOR SALE

Estimated Value: $203,000 - $235,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $140,000 $58 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,296/month

9 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of September 2020

This home is located at 3542 Hermitage Dr, Memphis, TN 38116 since 25 July 2020 and is currently estimated at $216,909, approximately $98 per square foot. This property was built in 1962. 3542 Hermitage Dr is a home located in Shelby County with nearby schools including Robert R. Church Elementary School and A. Maceo Walker Middle School.

Last Agent to Sell the Property

Donita Ingram-Brim

Doorstep Realty License #321328 Listed on: 07/25/2020

Last Buyer's Agent

Donita Ingram-Brim

Doorstep Realty License #321328 Listed on: 07/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1962

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 101x155
  • Corner Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,246 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Screened Porch
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Hickory Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078037 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Price Per Sq Ft: 62.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2246
  • 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: 2200-2399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Screen Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Corner
  • Lot Number: 47
  • Acreage: 0.36
  • Lot Size: 101X155
  • Price Per Acre: 375000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 078037 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 18, 2020
Sold by
Turner Regina Richmond
Bought by
Sipp Justin Marque and Sipp Robyne
Seller's Agent
Donita Ingram-Brim
Doorstep Realty
Buyer's Agent
Donita Ingram-Brim
Doorstep Realty
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Current Estimated Value
$216,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,909
Avg. Annual Appreciation
9.81%
Original Mortgage
$138,105
Outstanding Balance
$123,667
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$99,266
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
Sipp Justin Marque $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipp Justin Marque $138,105
Previous Owner Rogers Marcia A $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $140,000 +3.7% $64 / Sq Ft
07/25/2020 07/25/20 For Sale $135,000 -- $61 / 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 $1,363 $57,050 $6,775 $50,275
2024 $1,363 $40,200 $4,850 $35,350
2023 $2,449 $40,200 $4,850 $35,350
2022 $2,449 $40,200 $4,850 $35,350
2021 $2,478 $40,200 $4,850 $35,350
2020 $1,931 $26,650 $4,850 $21,800
2019 $852 $26,650 $4,850 $21,800
2018 $852 $26,650 $4,850 $21,800
2017 $872 $26,650 $4,850 $21,800
2016 $1,124 $25,725 $0 $0
2014 $1,124 $25,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10081649

Memphis Area Association of REALTORS®

APN: 07-8037-0-0018