NOT LISTED FOR SALE

3717 Merritt St Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $187,000 - $222,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $200,000 $111 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,188/month

49 Days on Market

Highlights

  • Deck
  • Porch
  • Outdoor Storage
  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System

About This Home

As of November 2022

Newly 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

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159 Listed on: 10/03/2022

BEST Real Estate Company

Last Buyer's Agent

Patrice Williams-Wooten

Keller Williams License #283971

Keller Williams

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK B-3
  • List Price Per Sq Ft: 120
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 113.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1757
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Deck
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 139
  • Acreage: 0.26
  • Lot Size: 81X143
  • Price Per Acre: 807692

Multi Family

  • Number Of Rooms: 9

Tax Info

  • 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
$195,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,238
Avg. Annual Appreciation
-1.58%
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
8.28%
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
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
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

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 $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

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  • S

    Seller's Agent in 2022

    Spencer Lindahl

    Main Street Renewal, LLC

    (480) 535-6813

    42 in this area

    11,424 Total Sales

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  • Patrice Williams-Wooten

    Buyer's Agent in 2022

    Patrice Williams-Wooten

    Keller Williams

    (901) 643-4001

    9 in this area

    115 Total Sales

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  • Adam Watson

    Seller's Agent in 2015

    Adam Watson

    Keller Williams

    (901) 210-6595

    91 Total Sales

    Section Image
  • Terrance Hill

    Buyer's Agent in 2015

    Terrance Hill

    eXp Realty, LLC

    (901) 691-2722

    5 in this area

    114 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134854

Memphis Area Association of REALTORS®

APN: 08-6018-0-0006

Tennessee Shelby County Memphis 38128 Raleigh

3717 Merritt St, Memphis, TN

This home is located at 3717 Merritt St, Memphis, TN 38128 since 03 October 2022 and is currently estimated at $201,211, approximately $111 per square foot. This property was built in 1966. 3717 Merritt St is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Coleman School, and Promise Academy - Spring Hill.

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