NOT LISTED FOR SALE

3597 Frayser Raleigh Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $115,000 - $168,000

6 Beds
1 Bath
1,200-1,399 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 22, 2018

Last sale price $85,000 $61 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $779/month

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Central Heating
  • Traditional Architecture
  • Patio
  • Level Lot

About This Home

As of November 2018

Room and board investment property: #24 $525 per month 12x13, #25 $576.33 per month 8x12, #26 $910 per month (3 occupants share room) 13x12, #27 $676 per month 10x18, #28 $525 per month 12x12, #29 $576.33 per month 8x15. Total rent $3,788.66 Expenses: Utilities $500, WiFi $60, Mtg $295, Ins $75, Lawn Srv $100 Total Expenses $1,030.00 Net income per month: $2,758.66

Last Agent to Sell the Property

Patrick Carodine

Carodine Real Estate Firm License #249624 Listed on: 10/09/2018

Last Buyer's Agent

Robbie Marbury

Real Estate Agency License #328634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1945

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 80 x 180.78
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,312 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Cable TV Available

Community Details

  • Old Allen Raleigh Final Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084010 00359

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: OLD ALLEN-RALEIGH
  • List Price Per Sq Ft: 61
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1312
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedroom 5 Description: Level 1
  • Bedrooms: 6
  • Bedrooms Down: 6
  • Fireplace: Masonry
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: Washer/Dryer Connections, W/D Connection in Kitchen
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 1
  • Acreage: 0.33
  • Lot Size: 80 X 180.78

Tax Info

  • Assessor Parcel Number: 084010 00359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Nov 20, 2018
Sold by
Acm Vision V Llc
Bought by
Jones Bridgette
Seller's Agent
Patrick Carodine
Carodine Real Estate Firm
Buyer's Agent
Robbie Marbury
Real Estate Agency
List Price
$80,000
Sold Price
$85,000
Premium/Discount to List
$5,000
6.25%
Current Estimated Value
$138,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,567
Avg. Annual Appreciation
7.30%
Original Mortgage
$63,750
Outstanding Balance
$56,055
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$82,512

Purchase Details

Closed on
Nov 25, 2013
Sold by
Ga Seven Llc
Bought by
Acm Vision V Llc

Purchase Details

Closed on
Jul 19, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Nc Seven Llc

Purchase Details

Closed on
Apr 19, 2012
Sold by
Sullivan Oscar and Sullivan Sharon
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Mar 25, 2005
Sold by
Centex Home Equity Co Llc
Bought by
Sullivan Oscar L and Sullivan Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2004
Sold by
Ward Larry and Ward Gloria
Bought by
Centex Home Equity Co Llc

Purchase Details

Closed on
Apr 1, 1998
Sold by
Gooch Larry E and Gooch Charlotte A
Bought by
Ward Larry and Ward Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
6.95%
Mortgage Type
Seller Take Back
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
Jones Bridgette $85,000 None Available
Acm Vision V Llc $21,162 None Available
Nc Seven Llc $5,155 None Available
Deutsche Bank Trust Company Americas $18,480 None Available
Sullivan Oscar L $47,000 --
Centex Home Equity Co Llc $78,500 --
Ward Larry $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Bridgette $63,750
Previous Owner Sullivan Oscar L $49,000
Previous Owner Ward Larry $54,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2018 11/22/18 Sold $85,000 +6.3% $71 / Sq Ft
10/09/2018 10/09/18 For Sale $80,000 -- $67 / 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 $606 $28,175 $4,525 $23,650
2024 $606 $17,875 $3,875 $14,000
2023 $1,089 $17,875 $3,875 $14,000
2022 $1,089 $17,875 $3,875 $14,000
2021 $617 $17,875 $3,875 $14,000
2020 $1,000 $13,800 $3,875 $9,925
2019 $441 $13,800 $3,875 $9,925
2018 $441 $13,800 $3,875 $9,925
2017 $451 $13,800 $3,875 $9,925
2016 $619 $14,175 $0 $0
2014 $619 $14,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Carodine

    Seller's Agent in 2018

    Patrick Carodine

    Carodine Real Estate Firm

    (901) 570-1182

    4 Total Sales

    Patrick Carodine
    Section Image

  • R

    Buyer's Agent in 2018

    Robbie Marbury

    Real Estate Agency

    (901) 625-5200

    17 Total Sales

    Robbie Marbury
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038387

Memphis Area Association of REALTORS®

APN: 08-4010-0-0359

Tennessee Shelby County Memphis 38128 Raleigh

3597 Frayser Raleigh Rd, Memphis, TN

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