NOT LISTED FOR SALE

3816 Tessland Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $86,000 - $96,143

3 Beds
1 Bath
854 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $54,900 $64 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $536/month

20 Days on Market

About This Home

As of December 2020

Attention Investors! Here is an occupied and cash flowing home in 38128. The current tenant is paying $675/Month. This property can be sold separately or as a part of a package of 6 other properties. Do not disturb the tenants, no inspections until under contract. Make your offer contingent upon inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/03/2020

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $484

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 68x125

Interior Spaces

  • 854 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Nam Ni Estates Blk A 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090038 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$484

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-1
  • List Price Per Sq Ft: 64
  • Number Of Stories: 1
  • Price Per Sq Ft: 64.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 854
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 35
  • Acreage: 0.19
  • Lot Size: 68X125
  • Price Per Acre: 288947

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090038 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 7, 2020
Sold by
Hagen Mary and 1151 Canary Ln Trust
Bought by
Gog Real Estate Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$54,900
Sold Price
$54,900
Current Estimated Value
$91,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,136
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Aug 16, 2017
Closed on
Feb 12, 2018
Sold by
Holmes Terry W and Holmes Julie
Bought by
Ra Capital Llc
Seller's Agent
Kaye Thompson
First National Realty, REALTOR
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$43,000
Sold Price
$33,000
Premium/Discount to List
-$10,000
-23.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%

Purchase Details

Listed on
Aug 16, 2017
Closed on
Feb 5, 2018
Sold by
Ra Capital Llc
Bought by
Dollitte Jim and Tessland Road Trust
Seller's Agent
Kaye Thompson
First National Realty, REALTOR
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$43,000
Sold Price
$33,000
Premium/Discount to List
-$10,000
-23.26%

Purchase Details

Closed on
Aug 19, 2015
Sold by
Suarez Froylan R
Bought by
Holmes Terry W and Holmes Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,950
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2008
Sold by
Va
Bought by
Suarez Froylan R

Purchase Details

Closed on
Sep 22, 2006
Sold by
Bentley Ronald Lewis and Bentley Kim
Bought by
Va
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
Gog Real Estate Llc $59,900 Local Title Llc
Gogo Real Estate Llc $54,900 Local Title Llc
Ra Capital Llc $33,000 None Available
Dollitte Jim $52,392 None Available
Holmes Terry W $49,900 Saddle Creek Title Llc
Suarez Froylan R $15,900 Real Estate Loan Svcs Tn Inc
Va $26,439 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Terry W $24,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $54,900 0.0% $64 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $54,900 +66.4% $64 / Sq Ft
03/21/2018 03/21/18 Sold $33,000 -23.3% $330 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
08/16/2017 08/16/17 For Sale $43,000 -- $430 / 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 $484 $22,350 $2,875 $19,475
2024 $484 $14,275 $2,250 $12,025
2023 $870 $14,275 $2,250 $12,025
2022 $870 $14,275 $2,250 $12,025
2021 $492 $14,275 $2,250 $12,025
2020 $882 $12,175 $2,250 $9,925
2019 $389 $12,175 $2,250 $9,925
2018 $389 $12,175 $2,250 $9,925
2017 $398 $12,175 $2,250 $9,925
2016 $460 $10,525 $0 $0
2014 $460 $10,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2020

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    117 in this area

    1,426 Total Sales

    Dean Harris
    Section Image

  • K

    Seller's Agent in 2018

    Kaye Thompson

    First National Realty, REALTOR

    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088150

Memphis Area Association of REALTORS®

APN: 09-0038-0-0026

Tennessee Shelby County Memphis 38128 Raleigh

3816 Tessland Rd, Memphis, TN

This home is located at 3816 Tessland Rd, Memphis, TN 38128 since 03 November 2020 and is currently estimated at $91,036, approximately $106 per square foot. This property was built in 1962. 3816 Tessland Rd 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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