NOT LISTED FOR SALE

3578 Monessen Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $134,004 - $157,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $58,000 $41 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $831/month

11 Days on Market

About This Home

As of September 2014

This home is located at 3578 Monessen Dr, Memphis, TN 38128 since 30 August 2014 and is currently estimated at $144,751, approximately $120 per square foot. This property was built in 1963. 3578 Monessen Dr is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

Last Agent to Sell the Property

Spencer Shadrach

Crestcore Realty, LLC License #328717 Listed on: 08/30/2014

Last Buyer's Agent

Spencer Shadrach

Crestcore Realty, LLC License #328717 Listed on: 08/30/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,333 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Raleigh Hills Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086036 00001

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0.41 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH HILLS BLK A
  • List Price Per Sq Ft: 44
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1333
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 44
  • Acreage: 0.41
  • Lot Size: 132.215/87.9X137.485/107.8

Tax Info

  • Assessor Parcel Number: 086036 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Gp Memphis Cashflow
Bought by
Pillai Kumaran A
Current Estimated Value
$144,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,850
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2018
Sold by
Benewah Properties Llc
Bought by
Gp Memphis Cashflow

Purchase Details

Closed on
Feb 24, 2016
Sold by
Sm81 Property Group Llc
Bought by
Benewah Properties Llc

Purchase Details

Listed on
Aug 30, 2014
Closed on
Sep 12, 2014
Sold by
Seeds For Life Properties Llc
Bought by
Sm81 Property Group Llc
Seller's Agent
Spencer Shadrach
Crestcore Realty, LLC
Buyer's Agent
Spencer Shadrach
Crestcore Realty, LLC
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Feb 3, 2014
Sold by
Palman Haim Mamae
Bought by
Seeds For Life Properties Llc

Purchase Details

Listed on
Oct 23, 2012
Closed on
Dec 26, 2012
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Palman Haim M
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
List Price
$37,900
Sold Price
$32,000
Premium/Discount to List
-$5,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Muhammad Edward
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 11, 2006
Sold by
Equicredit Corp Of America
Bought by
Muhammad Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1995
Bought by
Rosemary Williams and Rosemary Robe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pillai Kumaran A $473,400 Saddle Creek Title Llc
Gp Memphis Cashflow $55,000 Close Trak Closing & Title C
Benewah Properties Llc $58,000 None Available
Sm81 Property Group Llc $58,000 None Available
Seeds For Life Properties Llc -- Nexus Title & Escrow Llc
Palman Haim M $32,000 --
Federal National Mortgage Association $75,848 None Available
Muhammad Edward $53,500 None Available
Rosemary Williams $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pillai Kumaran A $650,850
Previous Owner Muhammad Edward $68,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2014 09/15/14 Sold $58,000 0.0% $48 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $58,000 +81.3% $48 / Sq Ft
12/21/2012 12/21/12 Sold $32,000 -15.6% $24 / Sq Ft View Prior Sale
12/06/2012 12/06/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $37,900 -- $28 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $829 $33,000 $3,750 $29,250
2024 $829 $24,450 $2,900 $21,550
2023 $1,489 $24,450 $2,900 $21,550
2022 $1,489 $24,450 $2,900 $21,550
2021 $1,507 $24,450 $2,900 $21,550
2020 $1,083 $14,950 $2,900 $12,050
2019 $478 $14,950 $2,900 $12,050
2018 $478 $14,950 $2,900 $12,050
2017 $489 $14,950 $2,900 $12,050
2016 $584 $13,375 $0 $0
2014 $584 $13,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Spencer Shadrach

    Crestcore Realty, LLC

  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    5 in this area

    202 Total Sales

    Jimmie Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9935628

Memphis Area Association of REALTORS®

APN: 08-6036-0-0001

Tennessee Shelby County Memphis 38128 Raleigh

3578 Monessen Dr, Memphis, TN

Not Listed for Sale

Detached

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