3840 Lucky Trail Dr Memphis, TN 38128
Raleigh NeighborhoodEstimated Value: $128,642 - $163,000
3
Beds
2
Baths
1,100
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Patio
- Carpet
- No HOA
- Central Heating and Cooling System
- Property has 3 Levels
About This Home
As of September 2021INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $750/month, managed by a Local Professional Management Company. Lease expires 4/30/2022. Tenant moved in 4/01/2014. Renovated in March 2014, including: brand new roof, brand new AC, brand new furnace & A-coil. Maintenance report and tenant payment history available upon request. Showings only with accepted offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $969
Year Built
- Built in 1980
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 83x109
Parking
- Parking Pad
Home Design
- Traditional Architecture
Interior Spaces
- 1,100 Sq Ft Home
- Property has 3 Levels
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Kerwin Rev Sec D Subdivision
Listing and Financial Details
- Tax Lot 131
- Assessor Parcel Number 090058 00119
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2022
Sold by
Hope & Harmony Homes Llc
Bought by
Peace & Prosperity Homes Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$629,941
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$485,280
Purchase Details
Listed on
Sep 2, 2021
Closed on
Sep 29, 2021
Sold by
Swank Daniel Ray
Bought by
Hope & Harmony Homes Llc
List Price
$115,000
Sold Price
$113,000
Premium/Discount to List
-$2,000
-1.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$95,250
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 10, 2014
Sold by
Mid South Homebuyers Inc
Bought by
Swank Daniel Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,960
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2014
Sold by
Fannie Mae
Bought by
Mid South Homebuyers Inc
Purchase Details
Closed on
Feb 21, 2013
Sold by
Armstrong Michael L and Armstrong Janice D
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 5, 2006
Sold by
Armstrong Janice D and Armstrong Janice
Bought by
Armstrong Michael L and Armstrong Janice D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 1998
Sold by
Michael Armstrong and Michael Janice
Bought by
Armstrong Janice
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peace & Prosperity Homes Llc | -- | -- | |
| Hope & Harmony Homes Llc | $113,000 | None Available | |
| Swank Daniel Ray | $56,700 | Saddle Creek Title Llc | |
| Mid South Homebuyers Inc | $19,200 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Armstrong Michael L | -- | Edco Title & Closing Service | |
| Armstrong Janice | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peace & Prosperity Homes Llc | $660,000 | |
| Previous Owner | Hope & Harmony Homes Llc | $95,250 | |
| Previous Owner | Swank Daniel Ray | $46,960 | |
| Previous Owner | Armstrong Michael L | $57,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2021 09/28/21 | Sold | $113,000 | -1.7% | $103 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $115,000 | -- | $105 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $544 | $29,050 | $2,875 | $26,175 |
| 2024 | $544 | $16,050 | $2,250 | $13,800 |
| 2023 | $978 | $16,050 | $2,250 | $13,800 |
| 2022 | $978 | $16,050 | $2,250 | $13,800 |
| 2021 | $435 | $16,050 | $2,250 | $13,800 |
| 2020 | $969 | $13,375 | $2,250 | $11,125 |
| 2019 | $427 | $13,375 | $2,250 | $11,125 |
| 2018 | $427 | $13,375 | $2,250 | $11,125 |
| 2017 | $438 | $13,375 | $2,250 | $11,125 |
| 2016 | $552 | $12,625 | $0 | $0 |
| 2014 | $552 | $12,625 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3023613
APN: 09-0058-0-0119
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