NOT LISTED FOR SALE

3848 Kipling Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $78,000 - $96,435

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 $500/month

50 Days on Market

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

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Trudy
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-2
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • 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

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

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
$89,859

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
$87,037
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$2,822

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
11.90%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 --
Parham Michael James $55,000 --
Hud -- --
Hud -- --
Nationsbanc Mtg Corp $54,724 --
Nationsbanc Mtg Corp $54,724 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zis Llc $88,200
Previous Owner Parham Michael James $54,971
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

    36 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

    57 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

Not Listed for Sale

Detached

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