3717 Merritt St Memphis, TN 38128
Raleigh NeighborhoodEstimated Value: $181,000 - $208,000
4
Beds
2
Baths
1,600-1,799
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- Deck
- Porch
- Outdoor Storage
- Traditional Architecture
- Patio
- Central Heating and Cooling System
About This Home
As of November 2022Newly renovated and ready for you to move in! Very open floor plan and excellent for entertaining. Large spacious back yard patio/deck great for BBQs. 4 Bedrooms!!! Quiet neighborhood and convenient to everything! Seller will install new stainless steel appliances prior to closing. HURRY, IT WON'T LAST LONG!!! NO WHOLESALER OFFERS WILL BE CONSIDERED.
Last Agent to Sell the Property
BEST Real Estate Company License #276159 Listed on: 10/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,392
Year Built
- Built in 1966
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 81x143
- Level Lot
Home Design
- Traditional Architecture
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,757 Sq Ft Home
- 1.5-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Outdoor Features
- Deck
- Patio
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
Community Details
- Lakemont Gardens Blk B 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 086018 00006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2022
Closed on
Nov 30, 2022
Sold by
Hafia Realty Llc
Bought by
Wilson Margarett
Seller's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
Buyer's Agent
Patrice Williams-Wooten
Keller Williams
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,868
Avg. Annual Appreciation
-1.66%
Original Mortgage
$200,975
Outstanding Balance
$195,738
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$4,139
Purchase Details
Listed on
Jul 18, 2022
Closed on
Aug 8, 2022
Sold by
Baf 2 Llc
Bought by
Hafia Realty Llc
Seller's Agent
Spencer Lindahl
Main Street Renewal, LLC
Buyer's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
List Price
$95,000
Sold Price
$95,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1003.89%
Purchase Details
Closed on
Jan 24, 2022
Sold by
I2l Llc
Bought by
Southeast Investors Llc
Purchase Details
Closed on
Aug 21, 2015
Sold by
Statile William J
Bought by
I2l Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.84%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Listed on
Sep 5, 2014
Closed on
Mar 31, 2015
Sold by
Yale Shelby L
Bought by
Statile William J
Seller's Agent
Adam Watson
Keller Williams
Buyer's Agent
Terrance Hill
eXp Realty, LLC
List Price
$89,000
Sold Price
$83,900
Premium/Discount to List
-$5,100
-5.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$55,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 2008
Sold by
Hutchens Rita D and Thomas Bradley
Bought by
Yale Shelby L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,382
Interest Rate
6.38%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 31, 1996
Bought by
Daniels Louis D and Daniels Lois M
Similar Homes in Memphis, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Margarett | $200,000 | Edco Title & Closing Services | |
| Hafia Realty Llc | $95,000 | Summit Title & Escrow | |
| Southeast Investors Llc | $787 | Summit Title & Escrow | |
| I2l Llc | $101,100 | None Available | |
| Statile William J | $83,900 | Fntg | |
| Yale Shelby L | $84,900 | Southern Trust Title Company | |
| Daniels Louis D | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Margarett | $200,975 | |
| Previous Owner | Statile William J | $127,500 | |
| Previous Owner | Statile William J | $55,000 | |
| Previous Owner | Yale Shelby L | $79,007 | |
| Previous Owner | Yale Shelby L | $83,382 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $200,000 | -4.8% | $125 / Sq Ft |
| 10/22/2022 10/22/22 | Price Changed | $210,000 | -2.3% | $131 / Sq Ft |
| 10/19/2022 10/19/22 | Price Changed | $215,000 | -2.3% | $134 / Sq Ft |
| 10/03/2022 10/03/22 | For Sale | $220,000 | +131.6% | $138 / Sq Ft |
| 08/10/2022 08/10/22 | Sold | $95,000 | 0.0% | $59 / Sq Ft |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | For Sale | $95,000 | +13.2% | $59 / Sq Ft |
| 03/31/2015 03/31/15 | Sold | $83,900 | -5.7% | $52 / Sq Ft |
| 02/03/2015 02/03/15 | Pending | -- | -- | -- |
| 09/05/2014 09/05/14 | For Sale | $89,000 | -- | $56 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,392 | $61,075 | $3,250 | $57,825 |
| 2024 | $1,392 | $41,075 | $2,900 | $38,175 |
| 2023 | $2,502 | $41,075 | $2,900 | $38,175 |
| 2022 | $1,745 | $28,650 | $2,900 | $25,750 |
| 2021 | $603 | $28,650 | $2,900 | $25,750 |
| 2020 | $1,368 | $18,875 | $2,900 | $15,975 |
| 2019 | $603 | $18,875 | $2,900 | $15,975 |
| 2018 | $603 | $18,875 | $2,900 | $15,975 |
| 2017 | $618 | $18,875 | $2,900 | $15,975 |
| 2016 | $795 | $18,200 | $0 | $0 |
| 2014 | $795 | $18,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shirley Rhynes-Hawkins
Seller's Agent in 2022
Shirley Rhynes-Hawkins
BEST Real Estate Company
(901) 570-6048
8 in this area
83 Total Sales
-
Spencer Lindahl
S
Seller's Agent in 2022
Spencer Lindahl
Main Street Renewal, LLC
(480) 535-6813
42 in this area
11,654 Total Sales
-
Patrice Williams-Wooten
Buyer's Agent in 2022
Patrice Williams-Wooten
Keller Williams
(901) 643-4001
10 in this area
117 Total Sales
-
Adam Watson
Seller's Agent in 2015
Adam Watson
Keller Williams
(901) 210-6595
92 Total Sales
-
Terrance Hill
Buyer's Agent in 2015
Terrance Hill
eXp Realty, LLC
(901) 691-2722
4 in this area
116 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10134854
APN: 08-6018-0-0006
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