NOT LISTED FOR SALE

3848 Windermere Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $84,000 - $107,378

3 Beds
2 Baths
1,000-1,199 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 07, 2025

Last sale price $81,500 $68 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $521/month

57 Days on Market

About This Home

As of February 2025

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/14/2024

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,098 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Timberlake Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090071 00079

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: TIMBERLAKE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1098
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Lot Info

  • Lot Number: 231
  • Acreage: 0.16
  • Lot Size: 60X120
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 090071 00079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Feb 7, 2025
Sold by
Wref Iii Loan 10 Llc
Bought by
Abundant Investment Holdings Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$94,900
Sold Price
$81,500
Premium/Discount to List
-$13,400
-14.12%
Views
26
Current Estimated Value
$90,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,345
Avg. Annual Appreciation
11.47%
Original Mortgage
$86,000
Outstanding Balance
$85,266
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$5,579

Purchase Details

Closed on
Jun 29, 2024
Sold by
Whitestone Real Estate Fund Iii Lp
Bought by
Wref Iii Loan 10 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,986,300
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 16, 2022
Sold by
Buy And Sell Memphis Now Llc
Bought by
Whitestone Real Estate Fund Iii Lp
List Price
$76,785
Sold Price
$76,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Memphis Manor Management Ii Llc
Bought by
The Way Supportive Housing Corp

Purchase Details

Closed on
Jun 4, 2015
Sold by
Sultani Family Realty Of Memphis Llc
Bought by
Memphis Manor Management Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2010
Sold by
Donald Stanley E
Bought by
Sultani Family Realty Of Memphis Llc

Purchase Details

Closed on
Jan 9, 2009
Sold by
Mid South Homebuyers Inc
Bought by
Donald Stanley E and Sultani Family Irrevocable Trust

Purchase Details

Closed on
Dec 15, 2008
Sold by
Leoni L Serenella
Bought by
Mid South Homebuyers Inc

Purchase Details

Closed on
Feb 14, 2008
Sold by
Mid South Homebuyers Inc
Bought by
Leoni L Serenella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,300
Interest Rate
5.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 3, 2007
Sold by
Novastar Mortgage Inc
Bought by
Mid South Homebuyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2007
Sold by
Williams Joy and Williams Anthony L
Bought by
Novastar Mortgage Inc
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
Abundant Investment Holdings Llc $81,500 Realty Title
Wref Iii Loan 10 Llc $433,200 None Listed On Document
Whitestone Real Estate Fund Iii Lp $75,892 Foundation Title & Escrow
The Way Supportive Housing Corp -- None Available
Memphis Manor Management Ii Llc $1,530,000 None Available
Sultani Family Realty Of Memphis Llc -- None Available
Donald Stanley E $1,404,800 None Available
Mid South Homebuyers Inc $4,300 None Available
Leoni L Serenella $46,300 None Available
Mid South Homebuyers Inc $42,000 None Available
Novastar Mortgage Inc $51,892 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abundant Investment Holdings Llc $86,000
Previous Owner Wref Iii Loan 10 Llc $2,986,300
Previous Owner Memphis Manor Management Ii Llc $1,330,000
Previous Owner Leoni L Serenella $46,300
Previous Owner Mid South Homebuyers Inc $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $81,500 -5.2% $82 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $86,000 -9.4% $86 / Sq Ft
12/27/2024 12/27/24 For Sale $94,900 0.0% $95 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $94,900 +23.6% $95 / Sq Ft
12/15/2022 12/15/22 Sold $76,785 0.0% $72 / Sq Ft View Prior Sale
12/15/2022 12/15/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $76,785 -- $72 / 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 $468 $22,850 $2,500 $20,350
2024 $468 $13,800 $1,925 $11,875
2023 $841 $13,800 $1,925 $11,875
2022 $841 $13,800 $1,925 $11,875
2021 $999 $13,800 $1,925 $11,875
2020 $897 $12,375 $1,925 $10,450
2019 $396 $12,375 $1,925 $10,450
2018 $396 $12,375 $1,925 $10,450
2017 $405 $12,375 $1,925 $10,450
2016 $463 $10,600 $0 $0
2014 $463 $11,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2025

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    112 in this area

    1,405 Total Sales

    Dean Harris
    Section Image
  • Tyler Tapley

    Buyer's Agent in 2025

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    79 in this area

    1,164 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185241

Memphis Area Association of REALTORS®

APN: 09-0071-0-0079

Tennessee Shelby County Memphis 38128 Raleigh

3848 Windermere Rd, Memphis, TN

Not Listed for Sale

Detached

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