NOT LISTED FOR SALE

3616 Kipling Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $84,000 - $113,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $79,900 $67 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $586/month

3 Days on Market

Highlights

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

About This Home

As of June 2023

Currently rented at $825 a month. Leased until 5/2024. Great turnkey rental. Number work.

Last Agent to Sell the Property

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 05/30/2023

Last Buyer's Agent

Verna Littleton

Fast Track Realty, LLC License #274344

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70x117
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,096 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Parking Garage Space

Utilities

  • Central Heating and Cooling System

Community Details

  • Nam Ni Estates Blk A 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090054 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-5
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1096
  • Year Built: 1968
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 491
  • Acreage: 0.18
  • Lot Size: 70X117
  • Price Per Acre: 443889

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090054 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jun 21, 2023
Sold by
Rpi Properties 101 Llc
Bought by
Tree Three Llc
Seller's Agent
Joe King
Marathon REALTORS, LLC
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$79,900
Sold Price
$79,900
Views
16
Current Estimated Value
$101,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,877
Avg. Annual Appreciation
10.95%
Original Mortgage
$79,900
Outstanding Balance
$77,748
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$24,029

Purchase Details

Listed on
Aug 7, 2012
Closed on
Feb 1, 2013
Sold by
Bowley George M
Bought by
Gp Memphis Cashflow
Seller's Agent
Sandra Pellegrin
KAIZEN Realty, LLC
Buyer's Agent
Sheila Smith
Realty Capital Management, LLC
List Price
$33,144
Sold Price
$25,000
Premium/Discount to List
-$8,144
-24.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Aug 7, 2012
Sold by
Bowley Real Estate Investors Gp
Bought by
Bowley George M

Purchase Details

Closed on
Apr 22, 2009
Sold by
Bowley George M
Bought by
Bowley Real Estate Investors Gp

Purchase Details

Closed on
Oct 31, 2008
Sold by
Bowley George M and Bowley Donna L
Bought by
Bowley George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2008
Sold by
H & J Properties Llc
Bought by
Bowley George M and Bowley Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Perry Patsy Jean
Bought by
Hud
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
Tree Three Llc $79,900 Commercial Title Group
Gp Memphis Cashflow $25,000 None Available
Bowley George M -- None Available
Bowley Real Estate Investors Gp -- None Available
Bowley George M -- None Available
Bowley George M $35,000 None Available
Hud $40,315 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tree Three Llc $79,900
Previous Owner Bowley George M $54,750
Previous Owner Bowley George M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $79,900 0.0% $80 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $79,900 +219.6% $80 / Sq Ft
02/05/2013 02/05/13 Sold $25,000 -24.6% $23 / Sq Ft View Prior Sale
02/01/2013 02/01/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $33,144 -- $30 / 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 $570 $25,650 $2,875 $22,775
2024 $570 $16,800 $2,250 $14,550
2023 $1,023 $16,800 $2,250 $14,550
2022 $1,023 $16,800 $2,250 $14,550
2021 $1,035 $16,800 $2,250 $14,550
2020 $951 $13,125 $2,250 $10,875
2019 $951 $13,125 $2,250 $10,875
2018 $951 $13,125 $2,250 $10,875
2017 $539 $13,125 $2,250 $10,875
2016 $548 $12,550 $0 $0
2014 $548 $12,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    11 in this area

    86 Total Sales

    Joe King
    Section Image
  • Verna Littleton

    Buyer's Agent in 2023

    Verna Littleton

    Fast Track Realty, LLC

    (901) 490-9449

    4 in this area

    95 Total Sales

    Verna Littleton
    Section Image

  • S

    Seller's Agent in 2013

    Sandra Pellegrin

    KAIZEN Realty, LLC

  • S

    Buyer's Agent in 2013

    Sheila Smith

    Realty Capital Management, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148951

Memphis Area Association of REALTORS®

APN: 09-0054-0-0010

Tennessee Shelby County Memphis 38128 Raleigh

3616 Kipling Ave, Memphis, TN

This home is located at 3616 Kipling Ave, Memphis, TN 38128 since 30 May 2023 and is currently estimated at $101,777, approximately $84 per square foot. This property was built in 1968. 3616 Kipling Ave is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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