NOT LISTED FOR SALE

3797 Merritt St Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $240,000 - $273,438

4 Beds
3.5 Baths
3,945 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $61,500 $16 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $1,549/month

221 Days on Market

Highlights

  • Deck
  • Soft Contemporary Architecture
  • Bonus Room
  • Wood Flooring
  • Whirlpool Bathtub
  • Den

About This Home

As of January 2016

AS IS SALE, SBJ WILL NOT QUALIFY FOR STANDARD FHA LENDING. IT MAY NOT QUALIFY FOR 203K LENDING EITHER. SELLER NOT MAKING REPAIRS. THERE IS NO ELECTRIC METER ON PROPERTY.

Last Agent to Sell the Property

Tony Sansone

The Carter Group LLC, REALTORS License #281921 Listed on: 05/20/2015

Last Buyer's Agent

Jimmie Hopson

Crye-Leike, Inc., REALTORS License #242726

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,945 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Parquet
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Lakewood Forest 1St Addn Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 086015 A00087

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,903

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: LAKEWOOD FOREST 1ST ADD
  • Corporate Own: Yes
  • List Price Per Sq Ft: 16
  • Number Of Stories: 2
  • Price Per Sq Ft: 15.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3945
  • Year Built: 1987
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Shared Bath, Carpet
  • Bedroom 4 Description: Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Parquet Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Wet Bar
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Finished Basement, Entry Hall, Storage Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Dressing Area, Tile Floor, Carpet
  • P R I M A R Y B E D R O O M: Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch, Covered Patio, Deck
  • Exterior Windows: Wood/Composition
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 85
  • Acreage: 0.41
  • Keeping Hearth Dimension: 12X19
  • Lot Size: ,0/95.97 X 226.57/233.41
  • Price Per Acre: 153171

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 086015 A00087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Jan 7, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
Investments Llc
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Jimmie Hopson
Crye-Leike, Inc., REALTORS
List Price
$72,800
Sold Price
$61,500
Premium/Discount to List
-$11,300
-15.52%
Current Estimated Value
$255,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,610
Avg. Annual Appreciation
15.89%

Purchase Details

Listed on
May 20, 2015
Closed on
Jan 5, 2016
Sold by
Investments Llc
Bought by
Thompson Lopaz
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Jimmie Hopson
Crye-Leike, Inc., REALTORS
List Price
$72,800
Sold Price
$61,500
Premium/Discount to List
-$11,300
-15.52%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Coleman Phyllis D
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Nov 22, 2006
Sold by
Coleman Phyllis D
Bought by
Coleman Phyllis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Investments Llc $61,500 Multiple
Thompson Lopaz -- Preferred Title & Escrow Llc
Deutsche Bank National Trust Co $99,870 None Available
Coleman Phyllis D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Phyllis D $168,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $61,500 -15.5% $16 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $72,800 -- $18 / 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 $1,903 $71,450 $6,625 $64,825
2024 $1,903 $56,125 $6,200 $49,925
2023 $3,419 $56,125 $6,200 $49,925
2022 $3,419 $56,125 $6,200 $49,925
2021 $3,459 $56,125 $6,200 $49,925
2020 $2,802 $38,675 $6,200 $32,475
2019 $2,802 $38,675 $6,200 $32,475
2018 $2,802 $38,675 $6,200 $32,475
2017 $1,590 $38,675 $6,200 $32,475
2016 $1,787 $40,900 $0 $0
2014 $1,787 $40,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tony Sansone

    The Carter Group LLC, REALTORS

    Section Image
  • Jimmie Hopson

    Buyer's Agent in 2016

    Jimmie Hopson

    Crye-Leike

    (901) 335-5697

    2 in this area

    105 Total Sales

    Jimmie Hopson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9952426

Memphis Area Association of REALTORS®

APN: 08-6015-A0-0087

Tennessee Shelby County Memphis 38128 Raleigh

3797 Merritt St, Memphis, TN

This home is located at 3797 Merritt St, Memphis, TN 38128 since 20 May 2015 and is currently estimated at $255,110, approximately $64 per square foot. This property was built in 1987. 3797 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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