NOT LISTED FOR SALE

3840 Paula Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $206,815 - $241,000

4 Beds
3 Baths
3,200-3,399 Sq Ft
$65/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $109,000 $32 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,246/month

23 Days on Market

Highlights

  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Main Floor Primary Bedroom
  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

As of August 2017

Beautiful home in great neighborhood. Completely renovated from top to bottom. New floors throughout, new paint (interior/exterior), updated electrical, new counter tops, renovated kitchen and bathroom. Home won't last long!

Last Agent to Sell the Property

Randall Garrett

Franchise Realty, LLC License #309803 Listed on: 06/28/2017

Last Buyer's Agent

Cheryl Muhammad

Assured Real Estate Services License #274007

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.33 Acre Lot
  • Chain Link Fence
  • Landscaped

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,361 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078059 00013

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 33
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3361
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Two Primaries, Renovated Bathroom, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Chain Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 1045
  • Acreage: 0.33

Tax Info

  • Assessor Parcel Number: 078059 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 31, 2017
Sold by
S And L Real Estate Invesments Llc
Bought by
Fayne Felicia
Seller's Agent
Randall Garrett
Franchise Realty, LLC
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
List Price
$109,999
Sold Price
$109,000
Premium/Discount to List
-$999
-0.91%
Current Estimated Value
$221,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,704
Avg. Annual Appreciation
8.84%
Original Mortgage
$102,955
Outstanding Balance
$87,104
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$134,600

Purchase Details

Listed on
Sep 16, 2016
Closed on
Apr 11, 2017
Sold by
Cursun Ben
Bought by
S And L Real Estate Investments Llc
Seller's Agent
Betty Smith
Real Estate Network
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$70,000
Sold Price
$54,000
Premium/Discount to List
-$16,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
505.53%
Original Mortgage
$54,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bah Bocar
Bought by
Ndiaye Hawa and Hadji Moussavou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,057
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2009
Sold by
John Galt Enterprises Llc
Bought by
Bah Bocar

Purchase Details

Closed on
Feb 24, 2009
Sold by
National City Bank
Bought by
John Galt Enterprises Llc

Purchase Details

Closed on
May 9, 2007
Sold by
Johnson Michael Charles
Bought by
National City Bank

Purchase Details

Closed on
Jun 23, 2005
Sold by
Thomas Jessie J
Bought by
Johnson Michael Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 1997
Sold by
Thomas Jessie J and Thomas Mattie M
Bought by
Thomas Jessie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fayne Felicia $109,000 Commerial Title Group Llc
S And L Real Estate Investments Llc $54,000 None Available
Ndiaye Hawa $108,500 None Available
Bah Bocar $19,000 Stewart Title Of Memphis Inc
John Galt Enterprises Llc $20,475 Landcastle Title Llc
National City Bank $97,360 None Available
Johnson Michael Charles $115,000 --
Thomas Jessie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fayne Felicia $102,955
Previous Owner S And L Real Estate Investments Llc $54,000
Previous Owner Ndiaye Hawa $107,057
Previous Owner Johnson Michael Charles $92,000
Closed Johnson Michael Charles $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2017 08/31/17 Sold $109,000 -0.9% $34 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $109,999 +103.7% $34 / Sq Ft
04/12/2017 04/12/17 Sold $54,000 -22.9% $34 / Sq Ft View Prior Sale
01/24/2017 01/24/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $70,000 -- $44 / 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 $1,029 $43,975 $5,525 $38,450
2024 $1,029 $30,350 $4,250 $26,100
2023 $1,849 $30,350 $4,250 $26,100
2022 $1,849 $30,350 $4,250 $26,100
2021 $1,871 $30,350 $4,250 $26,100
2020 $1,998 $27,575 $4,250 $23,325
2019 $1,998 $27,575 $4,250 $23,325
2018 $1,998 $27,575 $4,250 $23,325
2017 $1,133 $27,575 $4,250 $23,325
2016 $1,157 $26,475 $0 $0
2014 $1,157 $26,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Randall Garrett

    Franchise Realty, LLC

    (901) 502-7548

    20 Total Sales

    Randall Garrett
    Section Image

  • B

    Seller's Agent in 2017

    Betty Smith

    Real Estate Network

  • D

    Seller Co-Listing Agent in 2017

    Darnell Tate

    Byrd Realty Services, LLC

    Section Image
  • Cheryl Muhammad

    Buyer's Agent in 2017

    Cheryl Muhammad

    Assured Real Estate Services

    (901) 406-9885

    3 in this area

    43 Total Sales

    Cheryl Muhammad
    Section Image
  • Chris Mosby

    Buyer's Agent in 2017

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    49 in this area

    441 Total Sales

    Chris Mosby
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10005816

Memphis Area Association of REALTORS®

APN: 07-8059-0-0013

Tennessee Shelby County Memphis 38116 Whitehaven

3840 Paula Dr, Memphis, TN

Not Listed for Sale

Detached

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