NOT LISTED FOR SALE

3587 Kipling Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $127,718 - $152,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $86,500 $54 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $737/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System
  • 1 Fireplace
  • Patio
  • Combination Dining and Living Room

About This Home

As of September 2021

Good opportunity to own a property a property in a sought after community for investors and owners.

Last Agent to Sell the Property

Chris Mosby

ResiAmerica, Inc. License #282881 Listed on: 09/08/2021

Last Buyer's Agent

Lawson Roberts

Renshaw Company, REALTORS License #358842

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,565 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Nam Ni Estates Blk A 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090055 00002

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-5
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1565
  • Year Built: 1969
  • 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
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 454
  • Acreage: 0.19
  • Lot Size: 70X120

Tax Info

  • Assessor Parcel Number: 090055 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Sep 28, 2021
Sold by
Belgravia Square Llc
Bought by
Vb One Llc
Seller's Agent
Chris Mosby
ResiAmerica, Inc.
Buyer's Agent
Lawson Roberts
Renshaw Company, REALTORS
List Price
$89,000
Sold Price
$86,500
Premium/Discount to List
-$2,500
-2.81%
Current Estimated Value
$129,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,139
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Oct 26, 2018
Sold by
Property Factor Aus Llc
Bought by
Sorroeix Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,332,031
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2018
Sold by
Kipling Butler Llc
Bought by
Property Factor Aus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,332,031
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2014
Sold by
Memphis Investment Houses Inc
Bought by
Kipling Butler Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,250
Interest Rate
10%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 3, 2013
Closed on
Mar 12, 2014
Sold by
Us Bank Na
Bought by
Memphis Investment Houses Inc
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Shelia Bramlett-Smith
Marathon REALTORS, LLC
List Price
$39,500
Sold Price
$31,501
Premium/Discount to List
-$7,999
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$40,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2000
Sold by
Mcgehee Paul Z and Mcgehee Carolyn M
Bought by
Norman Bertha Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800
Interest Rate
12.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vb One Llc $86,500 Total Title Services
Sorroeix Inc -- None Available
Property Factor Aus Llc -- None Available
Kipling Butler Llc $65,000 None Available
Memphis Investment Houses Inc $31,501 Signature Title Llc
Norman Bertha Mae $73,500 --
Us Bank Na $35,105 None Available
Norman Bertha Mae $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorroeix Inc $2,332,031
Previous Owner Kipling Butler Llc $42,250
Previous Owner Memphis Investment Houses Inc $40,000
Previous Owner Norman Bertha Mae $69,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2021 09/28/21 Sold $86,500 -3.9% $62 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $90,000 +1.1% $64 / Sq Ft
09/08/2021 09/08/21 For Sale $89,000 +182.5% $64 / Sq Ft
03/14/2014 03/14/14 Sold $31,501 -20.3% $20 / Sq Ft View Prior Sale
02/28/2014 02/28/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $39,500 -- $25 / 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 $703 $31,975 $2,875 $29,100
2024 $703 $20,725 $2,250 $18,475
2023 $1,263 $20,725 $2,250 $18,475
2022 $1,263 $20,725 $2,250 $18,475
2021 $562 $20,725 $2,250 $18,475
2020 $1,158 $15,975 $2,250 $13,725
2019 $511 $15,975 $2,250 $13,725
2018 $511 $15,975 $2,250 $13,725
2017 $523 $15,975 $2,250 $13,725
2016 $613 $14,025 $0 $0
2014 $613 $14,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Mosby

    Seller's Agent in 2021

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    30 in this area

    441 Total Sales

    Chris Mosby
    Section Image

  • L

    Buyer's Agent in 2021

    Lawson Roberts

    Renshaw Company, REALTORS

    (901) 820-4367

    20 in this area

    183 Total Sales

    Lawson Roberts
    Section Image

  • T

    Seller's Agent in 2014

    Tony Sansone

    The Carter Group LLC, REALTORS

    Section Image

  • S

    Buyer's Agent in 2014

    Shelia Bramlett-Smith

    Marathon REALTORS, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108217

Memphis Area Association of REALTORS®

APN: 09-0055-0-0002

Tennessee Shelby County Memphis 38128 Raleigh

3587 Kipling Ave, Memphis, TN

Not Listed for Sale

Detached

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