NOT LISTED FOR SALE

3834 Emerson Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $112,000 - $119,000

3 Beds
1.5 Baths
1,187 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $39,000 $33 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $650/month

171 Days on Market

About This Home

As of June 2015

Several single owner properties for sale that would make an attractive and instant portfolio of rental homes. Professionally managed by LECO Realty, management services are available to buyer. Seller-financing a possibility. PLEASE DO NOT DISTURB TENANTS. Drive by property to insure interest. Offers to be made contingent on interior inspection.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 12/12/2014

Last Buyer's Agent

Bert Less

Leco Realty, Inc. License #208330

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Nam Ni Estates Blk A 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090032 00056

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-3
  • List Price Per Sq Ft: 33
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1187
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 170
  • Acreage: 0.23
  • Lot Size: 66.15/66 X 154.09/150.05

Tax Info

  • Assessor Parcel Number: 090032 00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Rice Keith
Bought by
Kdr Property Management Llc
Current Estimated Value
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,800
Outstanding Balance
$229,641
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$113,641

Purchase Details

Listed on
Dec 12, 2014
Closed on
Jun 30, 2015
Sold by
Wheaton Properties Llc
Bought by
Rice Keith
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Bert Less
Leco Realty, Inc.
List Price
$39,000
Sold Price
$39,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$27,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2009
Sold by
First Tennessee Bank National Associatio
Bought by
Wheaton Properties Llc

Purchase Details

Closed on
Oct 9, 2008
Sold by
Havill Group Llc
Bought by
First Tennessee Bank Na

Purchase Details

Closed on
May 8, 2006
Sold by
Aames Funding Corp
Bought by
Havill Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
Sims Dafaynne and Sims Jason
Bought by
Aames Home Loan

Purchase Details

Closed on
Jul 16, 1999
Sold by
Terry Greer
Bought by
Sims Jason and Sims Dafaynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,448
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Kdr Property Management Llc -- None Listed On Document
Rice Keith $39,000 None Available
Wheaton Properties Llc $18,000 None Available
First Tennessee Bank Na $16,000 None Available
Havill Group Llc $41,000 Equity Title
Aames Home Loan $47,972 None Available
Sims Jason $54,500 --
Sims Jason $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kdr Property Management Llc $412,800
Previous Owner Rice Keith $27,000
Previous Owner Havill Group Llc $53,000
Previous Owner Sims Jason $54,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $39,000 0.0% $33 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $39,000 -- $33 / 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 $567 $26,050 $2,875 $23,175
2024 $567 $16,725 $2,250 $14,475
2023 $1,019 $16,725 $2,250 $14,475
2022 $1,019 $16,725 $2,250 $14,475
2021 $1,031 $16,725 $2,250 $14,475
2020 $946 $13,050 $2,250 $10,800
2019 $946 $13,050 $2,250 $10,800
2018 $946 $13,050 $2,250 $10,800
2017 $536 $13,050 $2,250 $10,800
2016 $532 $12,175 $0 $0
2014 $532 $12,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    23 Total Sales

    George Merryfield
    Section Image

  • B

    Buyer's Agent in 2015

    Bert Less

    Leco Realty, Inc.

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9942032

Memphis Area Association of REALTORS®

APN: 09-0032-0-0056

Tennessee Shelby County Memphis 38128 Raleigh

3834 Emerson Ave, Memphis, TN

Not Listed for Sale

Detached

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