NOT LISTED FOR SALE

3587 Edgefield Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $89,000 - $113,000

4 Beds
1.5 Baths
1,000-1,199 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $52,000 $43 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $594/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Fence
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of September 2018

AWESOME INVESTOR PROPERTY!! Home is in good condition. Tenant Occupied. Rent is $725 and tenant has been living in property 8 years and wants to stay. Professionally managed by Mid South Best Rentals. DO NOT disturb tenant. Make all offers contingent upon showing/inspection. Pictures of inside of property upon request.

Last Agent to Sell the Property

Jeremy Moore

C21 Patterson & Assoc. Real Es License #306382 Listed on: 08/02/2018

C21 Patterson & Assoc. Real Es

Last Buyer's Agent

Jeremy Moore

C21 Patterson & Assoc. Real Es License #306382 Listed on: 08/02/2018

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 1973

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55 x 110
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,143 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Edgefield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090073 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731C
  • MAAR Subdivision Name: EDGEFIELD
  • List Price Per Sq Ft: 48
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1143
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.13
  • Lot Size: 55 X 110
  • Price Per Acre: 419231

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090073 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 28, 2018
Sold by
Jiang Frank
Bought by
Marcelin Harry P
Seller's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
Buyer's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
List Price
$60,000
Sold Price
$52,000
Premium/Discount to List
-$8,000
-13.33%
Current Estimated Value
$104,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,776
Avg. Annual Appreciation
10.48%
Original Mortgage
$39,000
Outstanding Balance
$34,010
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$70,766

Purchase Details

Closed on
Nov 14, 2014
Sold by
Music Christopher Michael
Bought by
Jiang Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Mid South Home Buyer Inc
Bought by
Music Cristopher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,160
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 6, 2012
Sold by
Cortrust Bank
Bought by
Mid South Homebuyers Inc
Seller's Agent
Pat Brown
The Carter Group LLC, REALTORS
Buyer's Agent
Pat Brown
The Carter Group LLC, REALTORS
List Price
$16,000
Sold Price
$14,200
Premium/Discount to List
-$1,800
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%

Purchase Details

Listed on
Jan 13, 2012
Closed on
Dec 13, 2011
Sold by
Krause Robert F and Krause Kathleen J
Bought by
Cortrust Bank
Seller's Agent
Pat Brown
The Carter Group LLC, REALTORS
Buyer's Agent
Pat Brown
The Carter Group LLC, REALTORS
List Price
$16,000
Sold Price
$14,200
Premium/Discount to List
-$1,800
-11.25%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Krause Robert and Krause Kathleen J
Bought by
Cortrust Bank

Purchase Details

Closed on
Aug 25, 2008
Sold by
The Feol Hinricher Companies Llc
Bought by
Krause Robert and Krause Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2008
Sold by
The Bank Of New York Trust Co Na
Bought by
The Feol Hinricher Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2008
Sold by
Sanders Toya
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2000
Sold by
Diane Dickerson and Dickerson Linda Dickerson
Bought by
Hud

Purchase Details

Closed on
Dec 31, 1996
Sold by
Smith Michael L and Smith Betty J
Bought by
Dickerson Diane and Dickerson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,910
Interest Rate
7.51%
Mortgage Type
FHA
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
Marcelin Harry P $52,000 Nexus Title & Escrow Llc
Jiang Frank $52,000 Saddle Creek Title Llc
Music Cristopher Michael $52,700 None Available
Mid South Homebuyers Inc $34,000 None Available
Cortrust Bank $65,145 None Available
Cortrust Bank -- None Available
Krause Robert $36,900 None Available
The Feol Hinricher Companies Llc $23,800 Resource Title Agency Of Tn
The Bank Of New York Trust Co Na $44,000 None Available
Hud $58,127 --
Dickerson Diane $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcelin Harry P $39,000
Previous Owner Jiang Frank $41,600
Previous Owner Music Cristopher Michael $42,160
Previous Owner Krause Robert $48,750
Previous Owner Dickerson Diane $43,910
Closed Dickerson Diane $1,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2018 09/28/18 Sold $52,000 -4.6% $52 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/21/2018 08/21/18 Price Changed $54,500 -9.2% $55 / Sq Ft
08/02/2018 08/02/18 For Sale $60,000 +322.5% $60 / Sq Ft
02/07/2012 02/07/12 Sold $14,200 -11.3% $14 / Sq Ft View Prior Sale
01/20/2012 01/20/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $16,000 -- $16 / 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 $436 $20,975 $2,500 $18,475
2024 $436 $12,850 $1,925 $10,925
2023 $783 $12,850 $1,925 $10,925
2022 $783 $12,850 $1,925 $10,925
2021 $792 $12,850 $1,925 $10,925
2020 $817 $11,275 $1,925 $9,350
2019 $360 $11,275 $1,925 $9,350
2018 $360 $11,275 $1,925 $9,350
2017 $369 $11,275 $1,925 $9,350
2016 $477 $10,925 $0 $0
2014 $477 $10,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Moore

    Seller's Agent in 2018

    Jeremy Moore

    C21 Patterson & Assoc. Real Es

    (901) 644-9832

    3 in this area

    24 Total Sales

    Jeremy Moore
    Section Image

  • P

    Seller's Agent in 2012

    Pat Brown

    The Carter Group LLC, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10033356

Memphis Area Association of REALTORS®

APN: 09-0073-0-0008

Tennessee Shelby County Memphis 38128 Raleigh

3587 Edgefield Dr, Memphis, TN

This home is located at 3587 Edgefield Dr, Memphis, TN 38128 since 02 August 2018 and is currently estimated at $104,776, approximately $87 per square foot. This property was built in 1973. 3587 Edgefield Dr is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Promise Academy - Spring Hill, and Coleman School.

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