NOT LISTED FOR SALE

3902 Kerston Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $122,667 - $146,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $65,900 $47 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $756/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Dining Room
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of June 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/05/2015

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,208 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Kerwin Rev Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090058 00133

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KERWIN SEC C
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1208
  • Year Built: 1976
  • 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
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 69
  • Acreage: 0.2
  • Lot Size: 81.325/86.43 X 109/103.635

Tax Info

  • Assessor Parcel Number: 090058 00133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 4, 2015
Sold by
Memphis Invest Gp
Bought by
New Beginning Real Estate Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$65,900
Sold Price
$65,900
Current Estimated Value
$135,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,267
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Hughes Amber M
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,913
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2007
Sold by
Summerall Anthony T and Summerall Shakita
Bought by
Guenther Hans and Miller Ewell

Purchase Details

Closed on
Jan 14, 2000
Sold by
Ray Lee Investment Company Inc
Bought by
Summerall Anthony T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,749
Interest Rate
7.9%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Bankers Trust Company Of California Na
Bought by
Rav Lee Investment Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.79%

Purchase Details

Closed on
May 14, 1999
Sold by
Maples Steve P and Maples Sherry R
Bought by
Bankers Trust Company Of California Na

Purchase Details

Closed on
May 1, 1998
Sold by
Maples Steve P
Bought by
Maples Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
10.67%
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
New Beginning Real Estate Llc $65,900 Chicago Title Insurance Co
Memphis Invest Gp $17,500 None Available
Hughes Amber M $60,000 None Available
Guenther Hans $31,420 None Available
Summerall Anthony T $55,000 --
Rav Lee Investment Company Inc $20,000 Stewart Title Company
Bankers Trust Company Of California Na $44,000 --
Maples Stephen P -- Equity Title & Escrow Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Amber M $58,913
Previous Owner Summerall Anthony T $57,749
Previous Owner Rav Lee Investment Company Inc $20,000
Previous Owner Maples Stephen P $54,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2015 06/09/15 Sold $65,900 0.0% $55 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $65,900 -- $55 / 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 $592 $27,350 $2,875 $24,475
2024 $592 $17,450 $2,250 $15,200
2023 $1,063 $17,450 $2,250 $15,200
2022 $1,063 $17,450 $2,250 $15,200
2021 $1,075 $17,450 $2,250 $15,200
2020 $1,033 $14,250 $2,250 $12,000
2019 $1,033 $14,250 $2,250 $12,000
2018 $1,033 $14,250 $2,250 $12,000
2017 $586 $14,250 $2,250 $12,000
2016 $569 $13,025 $0 $0
2014 $569 $13,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9951354

Memphis Area Association of REALTORS®

APN: 09-0058-0-0133

Tennessee Shelby County Memphis 38128 Raleigh

3902 Kerston Dr, Memphis, TN

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