NOT LISTED FOR SALE

3903 Drayon Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $116,432 - $128,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $50,619 $42 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $685/month

About This Home

As of June 2019

This property is a part of a 21 house package, seller is ONLY SELLING AS A PACKAGE OF 21. See Exhibit A attached for details.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 03/29/2019

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 03/29/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,110 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • New Allan Village Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090026 00052

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: NEW ALLEN VILLAGE
  • List Price Per Sq Ft: 51
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1110
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 32
  • Acreage: 0.12
  • Lot Size: 44.71/100 X 120.02/132.58
  • Price Per Acre: 474167

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090026 00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 28, 2019
Sold by
Greenlane Properties Llc
Bought by
Mellor S Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$56,900
Sold Price
$50,619
Premium/Discount to List
-$6,281
-11.04%
Current Estimated Value
$121,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,739
Avg. Annual Appreciation
14.84%

Purchase Details

Listed on
Jun 30, 2013
Closed on
Dec 21, 2013
Sold by
Mesomorph Llc
Bought by
Greenlane Property Llc
Seller's Agent
KaTrina Kelly-Isom
4 Success Realty, LLC
Buyer's Agent
Frank Whitington
Whitington Company
List Price
$52,000
Sold Price
$10,500
Premium/Discount to List
-$41,500
-79.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.97%

Purchase Details

Closed on
Oct 31, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Mesomorph Llc

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
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2011
Sold by
The Bank Of New York Mellon
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2011
Sold by
Morrison Mark
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 2, 1999
Sold by
Coulter Ronald J and Coulter Ralph
Bought by
Morrison Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 2, 1998
Sold by
Mark Morrison and Mark Rebecca M
Bought by
Coulter Ronald J and Coulter Ralph
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mellor S Properties Llc $1,145,000 Close Trak Closing & Ttl Svc
Greenlane Property Llc $10,500 Multiple
Mesomorph Llc $109,800 None Available
Memphis Investment Rental Properties Llc $20,900 Servicelink Hopewell Campus
The Bank Of New York Mellon $40,578 None Available
Morrison Mark $45,000 --
Coulter Ronald J $34,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mesomorph Llc $54,900
Previous Owner Memphis Investment Rental Properties Llc $30,000
Previous Owner Morrison Mark $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $50,619 -11.0% $51 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $56,900 +441.9% $57 / Sq Ft
12/20/2013 12/20/13 Sold $10,500 -79.8% $9 / Sq Ft View Prior Sale
12/19/2013 12/19/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $52,000 -- $47 / 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 $525 $25,025 $2,250 $22,775
2024 $525 $15,475 $1,875 $13,600
2023 $943 $15,475 $1,875 $13,600
2022 $943 $15,475 $1,875 $13,600
2021 $534 $15,475 $1,875 $13,600
2020 $826 $11,400 $1,875 $9,525
2019 $364 $11,400 $1,875 $9,525
2018 $364 $11,400 $1,875 $9,525
2017 $373 $11,400 $1,875 $9,525
2016 $509 $11,650 $0 $0
2014 $509 $11,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2019

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    117 in this area

    1,443 Total Sales

    Dean Harris
    Section Image
  • KaTrina Kelly-Isom

    Seller's Agent in 2013

    KaTrina Kelly-Isom

    4 Success Realty, LLC

    (901) 331-5554

    3 in this area

    75 Total Sales

    KaTrina Kelly-Isom
    Section Image

  • F

    Buyer's Agent in 2013

    Frank Whitington

    Whitington Company

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10049357

Memphis Area Association of REALTORS®

APN: 09-0026-0-0052

Tennessee Shelby County Memphis 38128 Raleigh

3903 Drayon Cove, Memphis, TN

This home is located at 3903 Drayon Cove, Memphis, TN 38128 since 29 March 2019 and is currently estimated at $121,358, approximately $101 per square foot. This property was built in 1980. 3903 Drayon Cove is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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