NOT LISTED FOR SALE

3792 Kipling Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $119,000 - $140,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $92,000 $77 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $769/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/23/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,148 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Nam Ni Estates Blk A 3 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 090042 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$775

Year Built

Built in 1964

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-3
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1148
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 214
  • Acreage: 0.21
  • Lot Size: 89.125/94.34 X 104.805/110.05
  • Price Per Acre: 438095

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090042 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Cook Richard W
Bought by
1216 E Corner Storage Llc
Current Estimated Value
$129,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$80,592
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$48,770

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 30, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Cook Richard W
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$75,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2020
Closed on
Mar 12, 2020
Sold by
Palmer Jamie L and Dowdle Sharon P
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Palmer Brooxie V
Bought by
Palmer Brooxie and Palmer Jamie L
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
1216 E Corner Storage Llc $110,000 None Listed On Document
Cook Richard W $92,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $55,000 Delta Title Services Llc
Palmer Brooxie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1216 E Corner Storage Llc $82,500
Previous Owner Memphis Investment Properties Ii Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $92,000 0.0% $92 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $92,000 -- $92 / 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 $775 $37,000 $2,875 $34,125
2024 $775 $22,850 $2,250 $20,600
2023 $1,392 $22,850 $2,250 $20,600
2022 $1,392 $22,850 $2,250 $20,600
2021 $788 $22,850 $2,250 $20,600
2020 $926 $12,775 $2,250 $10,525
2019 $408 $12,775 $2,250 $10,525
2018 $408 $12,775 $2,250 $10,525
2017 $418 $12,775 $2,250 $10,525
2016 $523 $11,975 $0 $0
2014 $523 $11,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    426 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073492

Memphis Area Association of REALTORS®

APN: 09-0042-0-0010

Tennessee Shelby County Memphis 38128 Raleigh

3792 Kipling Ave, Memphis, TN

This home is located at 3792 Kipling Ave, Memphis, TN 38128 since 23 March 2020 and is currently estimated at $129,283, approximately $107 per square foot. This property was built in 1964. 3792 Kipling Ave is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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