NOT LISTED FOR SALE

3624 Tessland Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $128,000 - $140,000

3 Beds
1.5 Baths
1,342 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $17,500 $13 Per Sq Ft

Est. 660% increase in value since last sale

Current estimated payment $757/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Central Heating
  • No HOA
  • Patio
  • Property has 3 Levels

About This Home

As of June 2019

Great investment opportunity! Spacious 3 bedroom, 1.5 bath home located in the heart of Memphis. Home needs some TLC but the returns could be great in this neighborhood. Cash or Rehab loans only. Sold as-is. Make your appointment today and don't miss out on this opportunity!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,970

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,342 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 6,970 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Nam Ni Estates Blk A 6 Subdivision

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 090057 00043

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1971
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1342
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 58/58.01 X 123.07/121.94
  • Lot Size Units: Acres
  • Parcel #: 090057 00043
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1047
  • Tax Lot: 501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 26, 2019
Sold by
At Builder Services Llc
Bought by
Cruz Jonathan
List Price
$29,000
Sold Price
$17,500
Premium/Discount to List
-$11,500
-39.66%
Current Estimated Value
$132,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,494
Avg. Annual Appreciation
37.84%

Purchase Details

Closed on
Oct 4, 2017
Sold by
County Of Shelby
Bought by
At Builder Services Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cruz Jonathan $17,500 Preferred Title & Escrow Llc
At Builder Services Llc $15,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $17,500 -39.7% $13 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $29,000 -- $22 / Sq Ft
Source: Realtracs

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 $647 $29,925 $2,875 $27,050
2024 -- $19,100 $2,250 $16,850
2023 $1,164 $19,100 $2,250 $16,850
2022 $1,164 $19,100 $2,250 $16,850
2021 $1,383 $19,100 $2,250 $16,850
2020 $1,168 $16,125 $2,250 $13,875
2019 $515 $16,125 $2,250 $13,875
2018 $515 $16,125 $2,250 $13,875
2017 $0 $0 $0 $0
2016 $589 $0 $0 $0
2014 $589 $13,475 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3026554

Realtracs

APN: 09-0057-0-0043

Tennessee Shelby County Memphis 38128 Raleigh

3624 Tessland Rd, Memphis, TN

This home is located at 3624 Tessland Rd, Memphis, TN 38128 since 15 May 2019 and is currently estimated at $132,994, approximately $99 per square foot. This property was built in 1971. 3624 Tessland Rd 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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