NOT LISTED FOR SALE

3891 S Galloway Dr Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $1,603,000 - $2,008,000

5 Beds
7 Baths
8,000-8,999 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $1,075,000 $119 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $10,450/month

32 Days on Market

Highlights

  • Gated Parking
  • 0.96 Acre Lot
  • Vaulted Ceiling
  • White Station High Rated A
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of January 2019

AUCTION - THURS, DEC 6, 12 NOON. Price listed is for search purposes only. Price will be determined by high bidder at auction. Go to auctioneer's website for terms & conditions & Open House dates. Pre-Auction Offers Encouraged. Great home, updated and expanded. Gated lot. Huge covered enclosed porch w/ fireplace. Great lot for a pool to be added.

Last Agent to Sell the Property

Jeff Morris

Morris Realty & Auction, LLC License #203509 Listed on: 11/01/2018

Co-Listed By

Joshua Spotts

eXp Realty, LLC License #327645

Last Buyer's Agent

Linda Sowell

Sowell, Realtors License #50660

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 41,818 Sq Ft Lot
  • Lot Dimensions are 161.25 x 260
  • Wrought Iron Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Built-Up Roof

Interior Spaces

  • 8,000-8,999 Sq Ft Home
  • 8,857 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 2 Fireplaces
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Monitored

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Gated Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas

Community Details

  • Voluntary home owners association
  • Red Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044112 00004

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0.96 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RED ACRES
  • List Price Per Sq Ft: 141
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 8857
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 8000 - 8999
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Equipment: Double Oven, Gas Cooking
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Island In Kitchen
  • Misc Interior: Wet Bar, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Sun Room, Entry Hall
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Well Landscaped Grounds, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles, Built-Up/Flat

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Side-Load Garage, Gated Parking

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Monitored Alarm System

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level, Professionally Landscaped, Iron Fenced
  • Lot Number: W PT 66
  • Acreage: 0.96
  • Lot Size: 161.25 X 260

Tax Info

  • Assessor Parcel Number: 044112 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 26, 2018
Sold by
Jerit John Christopher
Bought by
Stranch Ethan Wilkes and Stranch Nicole Walker
Seller's Agent
Jeff Morris
Morris Realty & Auction, LLC
Buyer's Agent
Linda Sowell
Sowell, Realtors
List Price
$1,249,000
Sold Price
$1,075,000
Premium/Discount to List
-$174,000
-13.93%
Current Estimated Value
$1,785,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,387
Avg. Annual Appreciation
7.28%
Original Mortgage
$1,000,000
Outstanding Balance
$882,737
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$902,650

Purchase Details

Closed on
Aug 16, 2016
Sold by
Jerit Susan Francis
Bought by
Jerit John Christopher

Purchase Details

Closed on
Aug 3, 2007
Sold by
Duke Ben T
Bought by
Jerit John C and Jerit Susan F

Purchase Details

Closed on
Sep 30, 2005
Sold by
Weber Vicki S
Bought by
Duke Ben T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.72%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 4, 2005
Sold by
Weber Bill C and Weber Vicki S
Bought by
Weber Vicki S and The Vicki S Weber Living Trust
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
Stranch Ethan Wilkes $1,075,000 None Available
Jerit John Christopher -- None Available
Jerit John C $1,590,000 None Available
Duke Ben T $700,000 --
Weber Vicki S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stranch Ethan Wilkes $1,000,000
Previous Owner Duke Ben T $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold $1,075,000 -13.9% $134 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,249,000 -- $156 / 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 $12,713 $523,475 $100,375 $423,100
2024 $12,713 $375,000 $100,375 $274,625
2023 $22,844 $375,000 $100,375 $274,625
2022 $22,844 $375,000 $100,375 $274,625
2021 $26,612 $431,800 $100,375 $331,425
2020 $19,474 $268,750 $100,375 $168,375
2019 $12,766 $399,425 $100,375 $299,050
2018 $12,766 $399,425 $100,375 $299,050
2017 $13,067 $399,425 $100,375 $299,050
2016 $13,996 $320,275 $0 $0
2014 $13,853 $314,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Morris

    Seller's Agent in 2019

    Jeff Morris

    Morris Realty & Auction, LLC

    (901) 335-9519

    18 Total Sales

    Jeff Morris
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Joshua Spotts

    eXp Realty, LLC

    Section Image
  • Linda Sowell

    Buyer's Agent in 2019

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    32 in this area

    196 Total Sales

    Linda Sowell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10040706

Memphis Area Association of REALTORS®

APN: 04-4112-0-0004

Tennessee Shelby County Memphis 38111 East Memphis

3891 S Galloway Dr, Memphis, TN

Not Listed for Sale

Detached

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