NOT LISTED FOR SALE

3607 Monessen Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $127,550 - $160,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $79,900 $50 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $801/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 02/03/2015

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 02/03/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,436 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Hills Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086039 00047

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH HILLS BLK A
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1436
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.2
  • Lot Size: 70 X 125

Tax Info

  • Assessor Parcel Number: 086039 00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Mar 13, 2015
Sold by
Memphis Invest Gp
Bought by
Equity Trust Co and Doris Lewis Ira
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$140,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,238
Avg. Annual Appreciation
5.23%
Original Mortgage
$34,900
Outstanding Balance
$4,700
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,438

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jan 21, 2015
Sold by
Ward Jesse S and Ward Gregory H
Bought by
Memphis Invest G P
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,900
Outstanding Balance
$4,700
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,438

Purchase Details

Closed on
Aug 8, 2006
Sold by
Ward Rodney O
Bought by
Ward Jesse O

Purchase Details

Closed on
Feb 27, 2003
Sold by
Ward Jesse O
Bought by
Ward Rodney O and Ward Jesse O

Purchase Details

Closed on
Sep 30, 1997
Sold by
Ward Jesse O and Ward Eva Lucille
Bought by
Ward Jesse O
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
Equity Trust Co $79,900 None Available
Memphis Invest G P $27,000 None Available
Ward Jesse O -- None Available
Ward Rodney O -- --
Ward Jesse O -- --
Ward Jesse O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equity Trust Co $34,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $79,900 0.0% $57 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $79,900 -- $57 / 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 $772 $30,750 $3,750 $27,000
2024 $772 $22,775 $2,900 $19,875
2023 $1,387 $22,775 $2,900 $19,875
2022 $1,387 $22,775 $2,900 $19,875
2021 $1,404 $22,775 $2,900 $19,875
2020 $1,016 $14,025 $2,900 $11,125
2019 $1,016 $14,025 $2,900 $11,125
2018 $1,016 $14,025 $2,900 $11,125
2017 $576 $14,025 $2,900 $11,125
2016 $583 $13,350 $0 $0
2014 $583 $13,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9944715

Memphis Area Association of REALTORS®

APN: 08-6039-0-0047

Tennessee Shelby County Memphis 38128 Raleigh

3607 Monessen Dr, Memphis, TN

Not Listed for Sale

Detached

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