NOT LISTED FOR SALE

3614 Arsenal St Memphis, TN 38128

Estimated Value: $184,000 - $218,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $120,900 $67 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,211/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring

About This Home

As of June 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1,125 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 05/06/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85 x 130
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,649 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Manor 4Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087003 00016

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH MANOR 4TH ADD
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1649
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 46
  • Acreage: 0.25
  • Lot Size: 85 X 130
  • Price Per Acre: 483600

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087003 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Taylor Sandra
Bought by
Zachary And Sandra Taylor Living Trust
Current Estimated Value
$198,373

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 29, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Taylor Zachary Allen and Taylor Sandra
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$120,900
Sold Price
$120,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$96,720
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2020
Sold by
Mitchell Leon S and Mitchell Rachel
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2020
Sold by
Taylor Zachary Allen and Taylor Sandra
Bought by
Taylor Sandra

Purchase Details

Closed on
Aug 28, 2006
Sold by
Cornwell Edwin J and Cornwell Amanda R
Bought by
Mitchell Leon and Simms Gregory

Purchase Details

Closed on
Aug 29, 1997
Sold by
Lila E Parrish Living Trust
Bought by
Cornwell Edwin J and Cornwell Amanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,550
Interest Rate
7.46%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Zachary And Sandra Taylor Living Trust -- Foundation Title
Taylor Zachary Allen $120,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $55,324 Delta Title Services Llc
Taylor Sandra -- Delta Title Services Llc
Mitchell Leon $103,000 None Available
Cornwell Edwin J $83,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Zachary Allen $96,720
Previous Owner Memphis Investment Properties Ii Llc $110,000
Previous Owner Cornwell Edwin J $85,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $120,900 0.0% $76 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $120,900 -- $76 / 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 -- $45,375 $6,125 $39,250
2024 -- $31,500 $4,800 $26,700
2023 $1,919 $31,500 $4,800 $26,700
2022 $1,919 $31,500 $4,800 $26,700
2021 $1,941 $31,500 $4,800 $26,700
2020 $1,527 $21,075 $4,800 $16,275
2019 $674 $21,075 $4,800 $16,275
2018 $674 $21,075 $4,800 $16,275
2017 $689 $21,075 $4,800 $16,275
2016 $885 $20,250 $0 $0
2014 $885 $20,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    409 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    426 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075998

Memphis Area Association of REALTORS®

APN: 08-7003-0-0016

Tennessee Shelby County Memphis 38128

3614 Arsenal St, Memphis, TN

This home is located at 3614 Arsenal St, Memphis, TN 38128 since 06 May 2020 and is currently estimated at $198,373, approximately $110 per square foot. This property was built in 1965. 3614 Arsenal St is a home located in Shelby County with nearby schools including Brownsville Rd Elementary School, Craigmont Middle School, and Craigmont High School.

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