NOT LISTED FOR SALE

3870 Springfield Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $257,592 - $338,000

4 Beds
2.5 Baths
2,800-2,999 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2019

Last sale price $220,000 $73 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,759 / mo

34 Days on Market

Highlights

  • Water Views
  • Water Access
  • Updated Kitchen
  • Detached Guest House
  • Lake On Lot
  • 0.66 Acre Lot

About This Home

As of February 2019

This is a unique and wonderful property that sits on the lake with a fabulous lakeside structure and another stunning structure built for entertaining. You will love the layout of the main home and all the improvements too many to mention here. It’s a “must see” for you to really appreciate. Call for a private showing.

Last Agent to Sell the Property

Larry Smith

Hallmark License #218437 Listed on: 02/21/2018

Last Buyer's Agent

Larry Smith

Hallmark License #218437 Listed on: 02/21/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 28,750 Sq Ft Lot
  • Landscaped
  • Few Trees

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,929 Sq Ft Home
  • 1.5-Story Property
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Window Treatments
  • Combination Dining and Living Room
  • Breakfast Room
  • Den with Fireplace
  • Library
  • Sun or Florida Room
  • Storage Room
  • Water Views

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Storm Windows
  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Lake On Lot
  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Detached Guest House

Community Details

  • Jemison & Ottes Lakemont Gardens Blk A Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 086040 00043

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0.66 Acres

HOA Fees

$13 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • Handicap Design: Wide Doors
  • List Price Per Sq Ft: 79
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2929
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 2 or More Baths
  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Tile Floor
  • Bedroom 4 Description: Tile Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room, Wood Stove Insert
  • Floors/Ceilings: Part Hardwood, Tile, Slate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Intercom, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Sky Light(s), Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Library/Study, Sun Room, Separate Guest House, Storage Room
  • Primary Bathroom Description: Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 150
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water View, Water Access, Landscaped
  • Lot Number: 42
  • Acreage: 0.66
  • Lot Size: 132.10/112.48 X 220/258.19

Tax Info

  • Assessor Parcel Number: 086040 00043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2018
Sold by
Bowen James L and Bowen Letha Tillman
Bought by
Nelson Jeffery W
Current Estimated Value
$299,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,383
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2010
Sold by
Tillman Letha and Bowen James
Bought by
Tillman Letha and Bowen James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,383
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2008
Sold by
Wilson Robert E and Wilson June
Bought by
Tillman Letha and Bowen James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,046
Interest Rate
6.11%
Mortgage Type
FHA
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
Nelson Jeffery W $220,000 None Available
Tillman Letha -- None Available
Tillman Letha $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Jeffery W $189,383
Previous Owner Tillman Letha $189,383
Previous Owner Tillman Letha $188,046
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 Sold $220,000 -4.3% $79 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $230,000 -- $82 / 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 $1,923 $75,525 $6,625 $68,900
2024 $1,923 $56,725 $6,200 $50,525
2023 $3,455 $56,725 $6,200 $50,525
2022 $3,455 $56,725 $6,200 $50,525
2021 $3,496 $56,725 $6,200 $50,525
2020 $3,029 $41,800 $6,200 $35,600
2019 $1,336 $41,800 $6,200 $35,600
2018 $1,164 $36,425 $6,200 $30,225
2017 $1,192 $36,425 $6,200 $30,225
2016 $1,582 $36,200 $0 $0
2014 $1,582 $36,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Smith

    Seller's Agent in 2019

    Larry Smith

    Hallmark

    (901) 218-7540

    2 in this area

    14 Total Sales

    Larry Smith
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10020984

Memphis Area Association of REALTORS®

APN: 08-6040-0-0043

Tennessee Shelby County Memphis 38128 Raleigh

3870 Springfield Dr, Memphis, TN

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