NOT LISTED FOR SALE

3868 Jasmine Dr Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $155,000 - $190,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $142,000 $102 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,019/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring

About This Home

As of February 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1075 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 11/08/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x125
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,337 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Heritage Colony 1St Addn Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 G00079

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD SEC D
  • List Price Per Sq Ft: 106
  • Number Of Stories: 1
  • Price Per Sq Ft: 106.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1337
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 589
  • Acreage: 0.18
  • Lot Size: 65X125
  • Price Per Acre: 788889

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093417 G00079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Feb 28, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Deanna R Pangracs Revocable Trust
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$142,000
Sold Price
$142,000
Current Estimated Value
$176,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,056
Avg. Annual Appreciation
6.07%
Original Mortgage
$93,600
Outstanding Balance
$87,223
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$88,833

Purchase Details

Closed on
Oct 29, 2021
Sold by
Dean Earlean
Bought by
Memphis Investfments Propertifes Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
2.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Deanna R Pangracs Revocable Trust $142,000 Delta Title Services
Memphis Investfments Propertifes Iii Llc $62,000 Closetrak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deanna R Pangracs Revocable Trust $93,600
Previous Owner Memphis Investfments Propertifes Iii Llc $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $142,000 0.0% $118 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $142,000 -- $118 / 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 $1,053 $52,950 $5,375 $47,575
2024 $1,053 $31,075 $3,375 $27,700
2023 $1,893 $31,075 $3,375 $27,700
2022 $1,365 $22,400 $3,375 $19,025
2021 $608 $22,400 $3,375 $19,025
2020 $1,076 $14,850 $3,375 $11,475
2019 $475 $14,850 $3,375 $11,475
2018 $475 $14,850 $3,375 $11,475
2017 $3,349 $14,850 $3,375 $11,475
2016 $617 $14,125 $0 $0
2014 $617 $14,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    21 in this area

    404 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    21 in this area

    421 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112349

Memphis Area Association of REALTORS®

APN: 09-3417-G0-0079

Tennessee Shelby County Memphis 38115 Hickory Hill

3868 Jasmine Dr, Memphis, TN

This home is located at 3868 Jasmine Dr, Memphis, TN 38115 since 08 November 2021 and is currently estimated at $176,056, approximately $125 per square foot. This property was built in 1972. 3868 Jasmine Dr is a home located in Shelby County with nearby schools including Hickory Ridge Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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