NOT LISTED FOR SALE

3840 Lucky Trail Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $128,642 - $163,000

3 Beds
2 Baths
1,100 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $113,000 $103 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $803/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Carpet
  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of September 2021

INVESTORS 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$969

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1980
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1100
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 83X109
  • Lot Size Units: Acres
  • Parcel #: 090058 00119
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 969
  • Tax Lot: 131

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
$144,661

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
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
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

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 $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

Realtracs

APN: 09-0058-0-0119