NOT LISTED FOR SALE

3848 Kipling Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $74,000 - $100,916

3 Beds
1 Bath
985 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $51,500 $52 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $521/month

Highlights

  • Deck
  • Separate Formal Living Room
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • 1 Car Attached Garage

About This Home

As of March 2021

Property is owned by the US Dept. of HUD. Case #482-925519. UI, Subject to Appraisal. HUD Homes are sold “AS-IS." Seller makes no representations or warranties as to property condition. EHO. Seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Please note this property was built prior to 1978, so lead paint could potentially exist. 3 bedrooms, 1 bath, dining room, living room and a 1 car carport await a new owner. Large backyard.

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 12/14/2020

Last Buyer's Agent

Michael Valenza

eXp Realty, LLC License #352076

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x121
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas

Community Details

  • Nam Ni Estates Blk A 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090041 00020

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Trudy
  • MLS Map #: 731B
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-2
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 985
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Master Bedroom Dimensions: 12x10
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 127
  • Acreage: 0.19
  • Lot Size: 70X121
  • Price Per Acre: 289474

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090041 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Tisa Homes 2 Llc
Bought by
Zis Llc
Current Estimated Value
$89,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Outstanding Balance
$87,546
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$1,280

Purchase Details

Listed on
Dec 14, 2020
Closed on
Mar 4, 2021
Sold by
Secretary Of Housing & Urban Development
Bought by
Tisa Homes2 Llc
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Michael Valenza
eXp Realty, LLC
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Apr 10, 2020
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 13, 2020
Sold by
Parham Michael J
Bought by
Midfirst Bank

Purchase Details

Closed on
Sep 10, 1999
Sold by
Elmer Moore and Elmer Essie P
Bought by
Parham Michael James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,971
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1998
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 27, 1998
Sold by
Hosick Terry F and Hosick Patricia D
Bought by
Nationsbanc Mtg Corp
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
Zis Llc -- Stewart Title
Tisa Homes2 Llc $51,500 Realty Title & Escrow Co Inc
Secretary Of Housing & Urban Development -- None Available
Midfirst Bank $51,914 None Available
Parham Michael James $55,000 --
Hud -- --
Nationsbanc Mtg Corp $54,724 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zis Llc $88,200
Previous Owner Parham Michael J $3,056
Previous Owner Parham Michael James $15,255
Previous Owner Parham Michael James $54,971
Previous Owner Moore Elmer $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $51,500 -6.4% $52 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $55,000 0.0% $56 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $55,000 -- $56 / 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 -- $20,650 $2,875 $17,775
2024 $453 $13,350 $2,250 $11,100
2023 $813 $13,350 $2,250 $11,100
2022 $813 $13,350 $2,250 $11,100
2021 $461 $13,350 $2,250 $11,100
2020 $748 $10,325 $2,250 $8,075
2019 $330 $10,325 $2,250 $8,075
2018 $330 $10,325 $2,250 $8,075
2017 $338 $10,325 $2,250 $8,075
2016 $489 $11,200 $0 $0
2014 $489 $11,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2021

    Rita Driver

    All Stars Realty

    (901) 674-7653

    2 in this area

    38 Total Sales

    Rita Driver
    Section Image
  • Michael Valenza

    Buyer's Agent in 2021

    Michael Valenza

    eXp Realty, LLC

    (901) 335-7878

    3 in this area

    64 Total Sales

    Michael Valenza
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090413

Memphis Area Association of REALTORS®

APN: 09-0041-0-0020

Tennessee Shelby County Memphis 38128 Raleigh

3848 Kipling Ave, Memphis, TN

This home is located at 3848 Kipling Ave, Memphis, TN 38128 since 14 December 2020 and is currently estimated at $89,479, approximately $90 per square foot. This property was built in 1964. 3848 Kipling Ave 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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