NOT LISTED FOR SALE

3814 Caravel Dr Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $178,918 - $190,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $92,900 $66 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,096/month

43 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • 1 Fireplace
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 12/16/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 12/16/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70 x 120
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,271 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Ross Manor Estates Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093510 I00018

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 786C
  • MAAR Subdivision Name: ROSS MANOR ESTATES SEC A
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1271
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

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: 87
  • Acreage: 0.19
  • Lot Size: 70 X 120
  • Price Per Acre: 488947

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093510 I00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2014
Closed on
Feb 27, 2015
Sold by
Memphis Invest Gp
Bought by
Best Shot Investment Solutions Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$92,900
Sold Price
$92,900
Current Estimated Value
$183,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,830
Avg. Annual Appreciation
6.59%
Original Mortgage
$46,450
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 10, 2014
Closed on
Dec 12, 2014
Sold by
Mdm Investments Of Memphis Llc
Bought by
Memphis Invest Gp
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4507.18%
Original Mortgage
$2,575,000
Interest Rate
4.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 27, 2005
Sold by
Murrell Cartrell and Murrell Marquetta V
Bought by
The Secretary Of Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,124
Interest Rate
5.69%
Mortgage Type
FHA
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
Best Shot Investment Solutions Llc $92,900 Title Insurance Co
Memphis Invest Gp $45,000 None Available
Mdm Investments Of Memphis Llc $40,000 None Available
The Secretary Of Hud $34,710 None Available
Murrell Cartrell $98,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirsch Joe M $49,200
Closed Best Shot Investment Solutions Llc $46,450
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Murrell Cartrell $98,124
Previous Owner Porter Maurice Terrell $15,000
Previous Owner Porter Maurice Terrell $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $92,900 0.0% $77 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $92,900 +132.3% $77 / Sq Ft
12/12/2014 12/12/14 Sold $40,000 -11.1% $33 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $45,000 -- $38 / 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 -- $43,975 $4,875 $39,100
2024 $1,236 $36,450 $4,250 $32,200
2023 $2,220 $36,450 $4,250 $32,200
2022 $2,220 $36,450 $4,250 $32,200
2021 $2,246 $36,450 $4,250 $32,200
2020 $1,534 $21,175 $4,250 $16,925
2019 $1,534 $21,175 $4,250 $16,925
2018 $1,534 $21,175 $4,250 $16,925
2017 $870 $21,175 $4,250 $16,925
2016 $806 $18,450 $0 $0
2014 $806 $18,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2014

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    3 in this area

    126 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2014

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    1 in this area

    12 Total Sales

    Greg Glosson
    Section Image

  • V

    Buyer's Agent in 2014

    Vatresa Word

    Delta Realty Group LLC

    (901) 453-0677

    2 in this area

    16 Total Sales

    Vatresa Word
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9941946

Memphis Area Association of REALTORS®

APN: 09-3510-I0-0018

Tennessee Shelby County Memphis 38115 Hickory Hill

3814 Caravel Dr, Memphis, TN

This home is located at 3814 Caravel Dr, Memphis, TN 38115 since 16 December 2014 and is currently estimated at $183,730, approximately $131 per square foot. This property was built in 1980. 3814 Caravel Dr is a home located in Shelby County with nearby schools including Belle Forest Community School, Kirby High School, and East Academy.

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