NOT LISTED FOR SALE

3888 Saint Elmo Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $131,000 - $166,379

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 29, 2016

Last sale price $86,900 $62 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $879/month

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2016

Property is currently under renovation. Property is also currently being marketed for lease. See attached for seller’s list of improvements, final scope of work will be uploaded once renovation is completed. The listing agent is employed by seller.

Last Agent to Sell the Property

Ryan Flannery

Premier Realty Group, LLC License #317068 Listed on: 09/27/2016

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,262 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Farms 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090034 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: RALEIGH FARMS 1ST ADD
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Price Per Sq Ft: 68.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1262
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 12
  • Acreage: 0.21
  • Lot Size: 70 X 132.47/132.99
  • Price Per Acre: 413810

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090034 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Rei Nation Llc
Bought by
Motter Joshua
Current Estimated Value
$153,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$128,767
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$30,582

Purchase Details

Closed on
Feb 1, 2023
Sold by
Criterion Captial Services Llc
Bought by
Rei Nation Llc

Purchase Details

Listed on
Sep 27, 2016
Closed on
Oct 25, 2016
Sold by
Rei Nation Llc
Bought by
Griterino Capital Services Llc
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$86,900
Sold Price
$86,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$43,450
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 27, 2016
Closed on
Sep 8, 2016
Sold by
Harris David C
Bought by
Rei Nation Llc
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$86,900
Sold Price
$86,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,450
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
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
Motter Joshua $170,000 None Listed On Document
Rei Nation Llc $97,500 --
Griterino Capital Services Llc $86,900 None Available
Rei Nation Llc $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motter Joshua $132,000
Previous Owner Griterino Capital Services Llc $43,450
Previous Owner Rei Nation Llc $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2016 10/29/16 Sold $86,900 0.0% $72 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $86,900 +180.3% $72 / Sq Ft
09/08/2016 09/08/16 Sold $31,000 -22.5% $26 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $40,000 -- $33 / 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 $748 $40,825 $2,875 $37,950
2024 $748 $22,050 $2,250 $19,800
2023 $1,343 $22,050 $2,250 $19,800
2022 $748 $22,050 $2,250 $19,800
2021 $1,359 $22,050 $2,250 $19,800
2020 $1,413 $19,500 $2,250 $17,250
2019 $623 $19,500 $2,250 $17,250
2018 $623 $19,500 $2,250 $17,250
2017 $638 $19,500 $2,250 $17,250
2016 $656 $15,000 $0 $0
2014 $656 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9987395

Memphis Area Association of REALTORS®

APN: 09-0034-0-0015