NOT LISTED FOR SALE

3708 Saint Elmo Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $91,000 - $147,991

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$87/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $80,500 $58 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $697/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of April 2024

Discover a lucrative investment opportunity with this 3-bedroom, 1.5-bathroom property, offered as is. Situated in a prime location, it presents a canvas for renovation and enhancement, ensuring potential for increased value. With spacious bedrooms and a functional layout, this property appeals to both investors and buyers seeking a project with promising returns.

Last Agent to Sell the Property

Tracy Duggan

Real Broker License #338857 Listed on: 03/15/2024

Last Buyer's Agent

Mitchell Meyer

Reedy & Company, REALTORS License #356049

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $585

Year Built

  • Built in 1971

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,200 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Nam Ni Estates Blk A 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090048 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$585

Year Built

Built in 1971

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-6
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1200
  • Year Built: 1971
  • List Price/ Sq Ft: 75
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 641
  • Acreage: 0.18
  • Lot Size: 60X130
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090048 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Maguire Jered Stephen
Bought by
Maguire Asset Group Tn Llc
Current Estimated Value
$121,498

Purchase Details

Closed on
Jul 5, 2024
Sold by
Memphis Investment Properties Iv Llc
Bought by
Maguire Jered Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,540
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 9, 2024
Sold by
Lth-Tn Properties Llc
Bought by
Memphis Inv Properties Iv Llc
Seller's Agent
Tracy Duggan
Real Broker
Buyer's Agent
Mitchell Meyer
Reedy & Company, REALTORS
List Price
$90,000
Sold Price
$80,500
Premium/Discount to List
-$9,500
-10.56%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.04%
Original Mortgage
$113,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2019
Sold by
Belmatic Holdings Llc
Bought by
Lth Tn Propertiees Llc

Purchase Details

Closed on
Oct 31, 2018
Sold by
Bradoaks Llc
Bought by
Belmatic Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.86%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Blanchard John and Allison April
Bought by
Bradoaks Llc

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 6, 2013
Sold by
Memphis Invest Gp
Bought by
Blanchard John and Allison April
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$2,575,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 20, 2013
Closed on
Aug 16, 2013
Sold by
Equity Trust
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2009
Sold by
Memphis Invest Llc
Bought by
Equity Trust and 97039 Ira

Purchase Details

Closed on
May 1, 2009
Sold by
Albright Jackson Cynthia G and Jackson Eddie
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 13, 2006
Sold by
Albright Cynthia G
Bought by
Albright Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,089
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2001
Sold by
Culver Charles H and Culver Frances L
Bought by
Albright Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,400
Interest Rate
7.23%
Mortgage Type
FHA
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
Maguire Asset Group Tn Llc -- None Listed On Document
Maguire Jered Stephen $148,720 Foundation Title & Escrow
Memphis Inv Properties Iv Llc $80,500 Delta Title Services
Lth Tn Propertiees Llc $69,000 Close Trak Closing & Ttl Svc
Belmatic Holdings Llc $56,500 --
Bradoaks Llc -- Attorney
Blanchard John $54,900 None Available
Memphis Invest Gp $40,000 None Available
Equity Trust $35,900 None Available
The Secretary Of Housing & Urban Develop $62,024 None Available
Albright Cynthia G -- Liberty Title Company
Albright Cynthia G $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maguire Jered Stephen $111,540
Previous Owner Memphis Inv Properties Iv Llc $113,000
Previous Owner Belmatic Holdings Llc --
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Albright Cynthia G $56,089
Previous Owner Albright Cynthia G $55,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $80,500 -10.6% $67 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $90,000 +38.7% $75 / Sq Ft
09/06/2013 09/06/13 Sold $64,900 0.0% $54 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $64,900 -- $54 / 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 $585 $37,400 $2,875 $34,525
2024 -- $17,250 $2,250 $15,000
2023 $1,051 $17,250 $2,250 $15,000
2022 $1,051 $17,250 $2,250 $15,000
2021 $1,063 $17,250 $2,250 $15,000
2020 $987 $13,625 $2,250 $11,375
2019 $435 $13,625 $2,250 $11,375
2018 $435 $13,625 $2,250 $11,375
2017 $446 $13,625 $2,250 $11,375
2016 $579 $13,250 $0 $0
2014 $579 $13,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168013

Memphis Area Association of REALTORS®

APN: 09-0048-0-0021