NOT LISTED FOR SALE

371 Rae Dr Munford, TN 38058

Estimated Value: $271,000 - $294,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $145,000 $91 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,595/month

23 Days on Market

Highlights

  • 1.27 Acre Lot
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Deck
  • 2 Car Attached Garage
  • Double Vanity

About This Home

As of December 2018

Welcome home to this charming 3-bed, 2-bath home in Rae. Enter into the cozy foyer on your way to the open concept living, dining space and kitchen. With trey ceilings this space is impressive. The kitchen provides ample cabinetry, plenty of prep space, breakfast bar and stainless steel appliances. The bedrooms are nice-sized with a master bedroom and ensuite bathroom. The yard is quaint, partially fenced and features a raised deck. Don’t hesitate, schedule a showing today!

Last Agent to Sell the Property

Maegan Darbe

Rocket Homes Real Estate License #345309 Listed on: 10/24/2018

Last Buyer's Agent

Tiffany Ruiz

eXp Realty, LLC License #334897

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 1999

Lot Details

  • 1.27 Acre Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,489 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • Happy Valley Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113M 113M A00600

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 621B
  • MAAR Subdivision Name: HAPPY VALLEY SEC E
  • List Price Per Sq Ft: 105
  • Number Of Stories: 1
  • Price Per Sq Ft: 97.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1489
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Vaulted/Coffered Primary, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Eat-In Kitchen, Breakfast Bar
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 111
  • Acreage: 1.27
  • Lot Size: 1.27
  • Price Per Acre: 122835

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 113M 113M A00600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 19, 2018
Sold by
Beecroft Brandon
Bought by
Griffin John W and Mcclain Ashley N
Seller's Agent
Maegan Darbe
Rocket Homes Real Estate
Buyer's Agent
Tiffany Ruiz
eXp Realty, LLC
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Current Estimated Value
$277,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,319
Avg. Annual Appreciation
10.19%
Original Mortgage
$142,373
Outstanding Balance
$128,463
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$147,781

Purchase Details

Closed on
Oct 28, 2011
Sold by
Connell Monte
Bought by
Beecroft Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,346
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2011
Sold by
Secretary Of Housing And U
Bought by
Connell Monte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,346
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2010
Sold by
Reed Robbie J
Bought by
Secretary Of Housing

Purchase Details

Closed on
Nov 22, 2006
Sold by
Woelm James C
Bought by
Reed Robbie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,883
Interest Rate
6.36%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Harriet Cannon
Bought by
Woelm James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.29%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Wayne Reed Paul
Bought by
Robert Hazelgrove

Purchase Details

Closed on
Feb 25, 1988
Bought by
Reed Paul Wayne
Source: Public Records

Range of Values:

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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
Griffin John W $145,000 --
Beecroft Brandon $119,900 --
Connell Monte $70,000 --
Secretary Of Housing $129,243 --
Reed Robbie J $137,000 --
Woelm James C $84,776 --
Robert Hazelgrove $108,000 --
Travis Berford -- --
Reed Paul Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin John W $142,373
Closed -- $142,373
Previous Owner Beecroft Brandon $122,346
Previous Owner Reed Paul Wayne $134,883
Previous Owner Woelm James C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $145,000 -7.1% $104 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $156,000 -2.5% $111 / Sq Ft
10/24/2018 10/24/18 For Sale $160,000 -- $114 / 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
2024 $923 $60,625 $10,725 $49,900
2023 $923 $60,625 $10,725 $49,900
2022 $869 $42,575 $7,900 $34,675
2021 $869 $42,575 $7,900 $34,675
2020 $868 $42,575 $7,900 $34,675
2019 $765 $31,600 $4,675 $26,925
2018 $765 $31,600 $4,675 $26,925
2017 $765 $31,600 $4,675 $26,925
2016 $765 $31,600 $4,675 $26,925
2015 $764 $31,600 $4,675 $26,925
2014 $764 $31,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10039342

Memphis Area Association of REALTORS®

APN: 113M-A-006.00