NOT LISTED FOR SALE

3781 Socorro St Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $158,000 - $207,000

3 Beds
2 Baths
1,860 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $58,000 $31 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $996/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den
  • 1 Fireplace
  • Bonus Room
  • Eat-In Kitchen

About This Home

As of December 2014

Bank owned- Lots of room for the price! New paint and carpet. Nice brick house w3BR/2BA. Separate den, living room and dining room. Eat in kitchen. Laundry room. Great investor opportunity or owner occupant!. 100% Financing from Seller!- for Owner Occupants.ORION FEDERAL CREDIT UNION

Last Agent to Sell the Property

Carol Stout

Ware Jones, REALTORS License #318813 Listed on: 09/25/2014

Ware Jones, REALTORS

Co-Listed By

Carol O Stout

Crye-Leike, Inc., REALTORS License #330289

Last Buyer's Agent

Stephanie Rooks

Keller Williams License #287317

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1969

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75 x 135
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Oakcrest Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 086008 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: OAK CREST
  • Corporate Own: Yes
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1860
  • Year Built: 1969
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 111
  • Acreage: 0.23
  • Lot Size: 75 X 135
  • Price Per Acre: 252174

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 086008 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2014
Closed on
Dec 31, 2014
Sold by
Orion Fcu
Bought by
Rice Renard B
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Stephanie Rooks
Keller Williams
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$175,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,123
Avg. Annual Appreciation
10.74%
Original Mortgage
$56,949
Outstanding Balance
$44,067
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$131,056

Purchase Details

Closed on
Apr 18, 2014
Sold by
Kliss Myron C and Kliss Gregory E
Bought by
Orion Fcu and Memphis Area Teachers Cu

Purchase Details

Closed on
Nov 5, 2007
Sold by
Us Bank Na
Bought by
Kliss Myron C and Kliss Gregory E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2005
Sold by
Walls Barry Rene and Walls Nancy Arlena
Bought by
Yancey George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
9.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 24, 1996
Sold by
Ford Consumer Finance Company Inc
Bought by
Walls Barry Rene and Walls Nancy Arlena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,431
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 10, 1996
Sold by
Weiss Arnold M
Bought by
Ford Consumer Finance Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,431
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 27, 1995
Bought by
Rhodes Coy F and Rhodes E A
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
Rice Renard B $58,000 Alliance Title & Escrow Llc
Orion Fcu $44,850 None Available
Kliss Myron C $55,500 West Tennessee Title
Yancey George $92,000 Equity Title & Escrow
Walls Barry Rene $69,900 Greater Nashville Title
Ford Consumer Finance Company Inc $55,250 --
Rhodes Coy F $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Renard B $56,949
Previous Owner Kliss Myron C $78,500
Previous Owner Yancey George $73,600
Previous Owner Walls Barry Rene $71,431
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $58,000 0.0% $31 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $58,000 -- $31 / 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 $938 $37,475 $3,750 $33,725
2024 $938 $27,675 $2,900 $24,775
2023 $1,686 $27,675 $2,900 $24,775
2022 $1,686 $27,675 $2,900 $24,775
2021 $1,706 $27,675 $2,900 $24,775
2020 $1,259 $17,375 $2,900 $14,475
2019 $1,259 $17,375 $2,900 $14,475
2018 $1,259 $17,375 $2,900 $14,475
2017 $714 $17,375 $2,900 $14,475
2016 $720 $16,475 $0 $0
2014 $720 $16,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Stout

    Seller's Agent in 2014

    Carol Stout

    Ware Jones, REALTORS

    (901) 652-4517

    27 Total Sales

    Carol Stout
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Carol O Stout

    Crye-Leike

  • Stephanie Rooks

    Buyer's Agent in 2014

    Stephanie Rooks

    Keller Williams

    (901) 553-0791

    3 in this area

    115 Total Sales

    Stephanie Rooks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9936719

Memphis Area Association of REALTORS®

APN: 08-6008-0-0005

Tennessee Shelby County Memphis 38128 Raleigh

3781 Socorro St, Memphis, TN

This home is located at 3781 Socorro St, Memphis, TN 38128 since 25 September 2014 and is currently estimated at $175,123, approximately $94 per square foot. This property was built in 1969. 3781 Socorro St is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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