NOT LISTED FOR SALE

3860 Springfield Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $310,000 - $372,494

4 Beds
5 Baths
4,000-4,499 Sq Ft
$78/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2013

Last sale price $113,000 $25 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $2,063 / mo

169 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • 0.58 Acre Lot
  • Traditional Architecture
  • Loft

About This Home

As of January 2013

Looking for Lots of House for the $$$...This is it. This home has 4 bedroom, 5 baths, Separate Living Room, Dining Room, Den, Eat-In-Kitchen, Office, Finish Basement, and much much more. Perfect for Entertaining with large Deck over Garage and lake View.

Last Agent to Sell the Property

David Anthony

KAIZEN Realty, LLC License #251550 Listed on: 06/14/2012

KAIZEN Realty, LLC

Last Buyer's Agent

KC Lam

Cordova Realty, Inc. License #253150

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 25,265 Sq Ft Lot
  • Landscaped
  • Few Trees

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,291 Sq Ft Home
  • 1.7-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Storage Room
  • Water Views
  • Finished Basement
  • Partial Basement
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Jemison&Otte's Lakemont Gardens Blk A Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 086040 00041

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.58 Acres

HOA Fees

$10 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • Number Of Stories: 1.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4291
  • Year Built: 1970
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 5
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Bonus Room, Office/Sewing Room, Finished Basement, Loft/Balcony

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Partial Basement

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Storage Room(s), Workshop(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 120
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water View, Landscaped
  • Acreage: 0.58
  • Lot Size: 100/102.78 X 256/232.66

Tax Info

  • Assessor Parcel Number: 086040 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jan 10, 2013
Sold by
Perry Robert
Bought by
Tate Andre
Seller's Agent
David Anthony
KAIZEN Realty, LLC
Buyer's Agent
KC Lam
Cordova Realty, Inc.
List Price
$124,900
Sold Price
$113,000
Premium/Discount to List
-$11,900
-9.53%
Current Estimated Value
$352,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,124
Avg. Annual Appreciation
8.94%
Original Mortgage
$55,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Kearney Sylvester
Bought by
Perry Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
10.17%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 13, 2007
Sold by
Us Bank Na
Bought by
Kearney Sylvester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,368
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Scullark Mia
Bought by
Us Bank Na and Morgan Stanley Dean Witter Capital I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,368
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2001
Sold by
Waring Beverly H
Bought by
Scullark Mia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,700
Interest Rate
9.64%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Waring Henry A
Bought by
Waring Beverly H
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
Tate Andre $113,000 None Available
Perry Robert $295,000 Assured Escrow & Title
Kearney Sylvester $195,000 Us Land Title Llc
Us Bank Na $246,450 None Available
Scullark Mia $243,000 --
Scullark Mia $243,000 --
Waring Beverly H -- --
Waring Beverly H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tate Andre $55,000
Previous Owner Perry Robert $265,500
Previous Owner Kearney Sylvester $227,368
Previous Owner Scullark Mia $218,700
Closed Scullark Mia $12,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2013 01/10/13 Sold $113,000 -9.5% $28 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $124,900 -- $31 / 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 $2,227 $98,800 $6,625 $92,175
2024 $2,598 $76,625 $6,200 $70,425
2023 $4,668 $76,625 $6,200 $70,425
2022 $4,668 $76,625 $6,200 $70,425
2021 $4,722 $76,625 $6,200 $70,425
2020 $3,509 $48,425 $6,200 $42,225
2019 $3,509 $48,425 $6,200 $42,225
2018 $3,509 $48,425 $6,200 $42,225
2017 $1,990 $48,425 $6,200 $42,225
2016 $2,173 $49,725 $0 $0
2014 $2,173 $49,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3249664

Memphis Area Association of REALTORS®

APN: 08-6040-0-0041

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