NOT LISTED FOR SALE

3851 Springfield Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $198,073

4 Beds
3 Baths
2,456 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2014

Last sale price $62,000 $25 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,224 / mo

95 Days on Market

Highlights

  • 0.47 Acre Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of March 2014

Large home in Lakemont Gardens; has enclosed patio; fenced yard and front load garage; being sold as-is; commitment letter or source of funds required with all offers.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 10/29/2013

Last Buyer's Agent

Barry Less

Leco Realty, Inc. License #281548 Listed on: 10/29/2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 20,473 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,456 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Great Room
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems

Community Details

  • Jemison & Otte's Lakemont Gardens Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086015 00063

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.47 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEMONT GARDENS
  • Corporate Own: Yes
  • Freestanding: Yes
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2456
  • Year Built: 1962
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Vinyl Floor
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Dual System

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 116
  • Acreage: 0.47
  • Lot Size: 113.82/105.85X181.7/188.43

Tax Info

  • Assessor Parcel Number: 086015 00063

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2014
Sold by
Gp Memphis Cashflow
Bought by
Current Estimated Value
$198,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,520
Outstanding Balance
$57,410
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$140,663

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 6, 2014
Sold by
First Horizon Home Loans
Bought by
Gp Memphis Cash Flow
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Barry Less
Leco Realty, Inc.
List Price
$75,000
Sold Price
$62,000
Premium/Discount to List
-$13,000
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Steele Eva and Steele Eva
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Mar 21, 2000
Sold by
Mcmillin J D J and Mcmillin Lorraine D
Bought by
Steele John and Steele Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
8.37%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Raleigh, TN

  • Dylan Johnson Real Estate Agent - 901, REALTORS

    Dylan Johnson

    901, REALTORS

    (209) 618-2818

    110 Total Sales

    11 in Raleigh

    $80K - $250K Price Range

    Dylan Johnson
     Section Image
  • Tammy Taylor Real Estate Agent - Kaizen Realty

    Tammy Taylor

    Kaizen Realty

    (901) 295-6651

    57 Total Sales

    1 in Raleigh

    $225,000 Price

    Tammy Taylor
     Section Image
  • Mary Wardlow Real Estate Agent - TRG Real Estate Services, LLC

    Mary Wardlow

    TRG Real Estate Services, LLC

    (901) 437-0155

    86 Total Sales

    1 in Raleigh

    $265,000 Price

    Mary Wardlow
     Section Image
  • Valencia Gathwright Real Estate Agent - Keller Williams

    Valencia Gathwright

    Keller Williams

    (901) 350-4332

    89 Total Sales

    2 in Raleigh

    $133K - $175K Price Range

    Valencia Gathwright
     Section Image
  • Patrecia Goldstein Real Estate Agent - Crye-Leike, Inc., REALTORS

    Patrecia Goldstein

    Crye-Leike, Inc., REALTORS

    (901) 979-2143

    73 Total Sales

    3 in Raleigh

    $93K - $175K Price Range

    Patrecia Goldstein
     Section Image
  • Randell Richmond Real Estate Agent - eXp Realty, LLC

    Randell Richmond

    eXp Realty, LLC

    (580) 232-7340

    73 Total Sales

    3 in Raleigh

    $110K - $217K Price Range

    Randell Richmond
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$96,900 None Available
Gp Memphis Cash Flow $62,000 Title 365 Co
First Horizon Home Loans $590,500 None Available
Steele John $111,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $77,520
Previous Owner Steele John $115,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $62,000 -17.3% $25 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $75,000 -- $31 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,270 $47,200 $6,625 $40,575
2024 $1,231 $36,325 $6,200 $30,125
2023 $2,213 $36,325 $6,200 $30,125
2022 $2,213 $36,325 $6,200 $30,125
2021 $2,239 $36,325 $6,200 $30,125
2020 $1,802 $24,875 $6,200 $18,675
2019 $1,802 $24,875 $6,200 $18,675
2018 $1,802 $24,875 $6,200 $18,675
2017 $1,022 $24,875 $6,200 $18,675
2016 $1,063 $24,325 $0 $0
2014 $1,063 $24,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Less Real Estate Agent - Leco Realty, Inc.

    Seller's Agent in 2014

    Barry Less

    Leco Realty, Inc.

    (901) 461-0046

    2 in this area

    153 Total Sales

    Barry Less
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3284458

Memphis Area Association of REALTORS®

APN: 08-6015-0-0063

Tennessee Shelby County Memphis 38128 Raleigh

3851 Springfield Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.