NOT LISTED FOR SALE

3690 Kerwin Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $104,236 - $140,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $75,000 $63 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $670/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of January 2021

Great opportunity in a hot investor neighborhood!  This well-maintained home is currently occupied for $765 with a lease ending on 3/31/2021. Please see the unit descriptions for specific info on some systems and mechanicals; due to being occupied by a tenant, some information is unknown and must be confirmed by Buyer. Tenant is not to be disturbed - no inspections until accepted contract and confirmation of receipt of EMD.  No wholesaler offers; they will be rejected.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 11/25/2020

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 11/25/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x135
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,096 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Twin Lakes Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086001 A00087

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: TWIN LAKES SEC D
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1096
  • Year Built: 1978
  • 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
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Misc Interior: Smoke Detector(s)

Exterior Features

  • Exterior Windows: Aluminum/Steel Siding, Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 307
  • Acreage: 0.21
  • Lot Size: 70X135

Tax Info

  • Assessor Parcel Number: 086001 A00087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 13, 2021
Sold by
Dawson Sara
Bought by
Red Tulip Investments Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$81,900
Sold Price
$75,000
Premium/Discount to List
-$6,900
-8.42%
Current Estimated Value
$118,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,559
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Apr 27, 2009
Sold by
Williams Stacey and Williams Christopher Bernard
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 25, 2009
Sold by
Craig Keith
Bought by
George Zack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,350
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Hewitt Albert K and Hewitt Wanda J
Bought by
Williams Christopher B and Williams Stacey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,971
Interest Rate
6.87%
Mortgage Type
FHA
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
Red Tulip Investments Llc $75,000 Local Title Llc
Secretary Of Housing & Urban Development $66,979 None Available
George Zack $28,500 None Available
Williams Christopher B $56,000 --
Williams Christopher B $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Zack $38,350
Previous Owner Williams Christopher B $55,971
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $75,000 -8.4% $75 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $81,900 -- $82 / 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 $561 $23,150 $3,250 $19,900
2024 $561 $16,550 $2,250 $14,300
2023 $1,008 $16,550 $2,250 $14,300
2022 $1,008 $16,550 $2,250 $14,300
2021 $1,020 $16,550 $2,250 $14,300
2020 $821 $11,325 $2,250 $9,075
2019 $362 $11,325 $2,250 $9,075
2018 $362 $11,325 $2,250 $9,075
2017 $370 $11,325 $2,250 $9,075
2016 $487 $11,150 $0 $0
2014 $487 $11,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall

    Seller's Agent in 2021

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    4 in this area

    198 Total Sales

    Randall Weatherall
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089523

Memphis Area Association of REALTORS®

APN: 08-6001-A0-0087

Tennessee Shelby County Memphis 38128 Raleigh

3690 Kerwin Dr, Memphis, TN

Not Listed for Sale

Detached

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