NOT LISTED FOR SALE

3558 Arsenal St Memphis, TN 38128

Estimated Value: $196,000 - $264,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $200,000 $83 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,368/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Bonus Room

About This Home

As of October 2021

Absolutely adorable 3 bed 2 bath home with a bonus room off of the kitchen. Beautiful hardwood floors, new tile in kitchen, fresh paint, new hvac and water heater and tons of other updates.

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 08/04/2021

Last Buyer's Agent

Quran Folsom

4 Success Realty, LLC License #337771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x125
  • Wood Fence
  • Corner Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,204 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Raleigh Manor 4Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087004 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

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 #: 733A
  • MAAR Subdivision Name: RALEIGH MANOR 4TH ADD
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Price Per Sq Ft: 90.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2204
  • 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, Play Room/Recreation Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Pantry
  • Misc Interior: Attic Access, Walk-In Attic, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus 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: Porch, Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Corner, Wood Fenced
  • Lot Number: 76
  • Acreage: 0.28
  • Lot Size: 100X125
  • Price Per Acre: 678214

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 087004 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 29, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Mathis Elke A
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Quran Folsom
4 Success Realty, LLC
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Current Estimated Value
$238,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,689
Avg. Annual Appreciation
4.57%
Original Mortgage
$196,377
Outstanding Balance
$179,996
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$58,693

Purchase Details

Closed on
May 19, 2021
Sold by
Lewis Derrick and Lewis Jacqueline
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2003
Sold by
Holt Clinton R and Holt Patricia D
Bought by
Lewis Derrick and Lewis Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Dahl Mary A and West Vera West
Bought by
Holt Clinton R and Holt Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
6.8%
Mortgage Type
VA
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
Mathis Elke A $200,000 Closetrak Llc
Memphis Investment Properties Ii Llc $125,000 Closetrak
Lewis Derrick $107,900 --
Holt Clinton R $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis Elke A $196,377
Previous Owner Memphis Investment Properties Ii Llc $150,000
Previous Owner Lewis Derrick $107,900
Previous Owner Holt Clinton R $97,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $200,000 +5.3% $91 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $189,900 -- $86 / 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 $1,224 $64,825 $6,125 $58,700
2024 $1,224 $36,100 $4,800 $31,300
2023 $2,199 $36,100 $4,800 $31,300
2022 $2,199 $36,100 $4,800 $31,300
2021 $2,614 $36,100 $4,800 $31,300
2020 $1,848 $25,500 $4,800 $20,700
2019 $815 $25,500 $4,800 $20,700
2018 $815 $25,500 $4,800 $20,700
2017 $834 $25,500 $4,800 $20,700
2016 $1,115 $25,525 $0 $0
2014 $1,115 $25,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10105695

Memphis Area Association of REALTORS®

APN: 08-7004-0-0024