NOT LISTED FOR SALE

3905 Spumante Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $116,000 - $135,000

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $59,000 $42 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $740/month

69 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • End Unit
  • Wood Flooring
  • Separate Formal Living Room
  • Den

About This Home

As of June 2017

Great investment opportunity in a well managed neighborhood.

Last Agent to Sell the Property

Michael Mosteller

REMAX Experts License #318569 Listed on: 02/16/2017

REMAX Experts

Last Buyer's Agent

Seldon Briggs

Assured Real Estate Services License #278881

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 3,049 Sq Ft Lot
  • End Unit
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,336 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Iron Doors
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • High Gate Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093514 B00059

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGH GATE
  • List Price Per Sq Ft: 44
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1336
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Private Full Bath, Tile Floor
  • Bedrooms: 2
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Separate Breakfast Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Primary Bathroom Description: Whirlpool Tub, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Tile Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 59
  • Acreage: 0.07
  • Lot Size: .079AC 31.12/27.57X94.4/108.82

Tax Info

  • Assessor Parcel Number: 093514 B00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jun 9, 2017
Sold by
Koja Mona Z
Bought by
Watkins Gloria
Seller's Agent
Michael Mosteller
REMAX Experts
Buyer's Agent
Seldon Briggs
Assured Real Estate Services
List Price
$62,500
Sold Price
$59,000
Premium/Discount to List
-$3,500
-5.6%
Current Estimated Value
$132,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,776
Avg. Annual Appreciation
9.17%
Original Mortgage
$48,500
Outstanding Balance
$40,987
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$84,698

Purchase Details

Listed on
Sep 24, 2014
Closed on
Nov 11, 2014
Sold by
Dotson Erika N Jerry and Dotson Devin
Bought by
Koja Mona Z
Seller's Agent
Cindy Carr
Adaro Realty, Inc.
Buyer's Agent
Cindy Carr
Adaro Realty, Inc.
List Price
$45,900
Sold Price
$40,000
Premium/Discount to List
-$5,900
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Feb 19, 2007
Sold by
Broadway Karen
Bought by
Jerry Erika N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watkins Gloria $59,000 Quality Title Group Llc
Koja Mona Z $40,000 First Natl Fincl Title Svcs
Jerry Erika N $93,000 Summit Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Gloria $48,500
Previous Owner Jerry Erika N $83,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2017 06/02/17 Sold $59,000 -5.6% $49 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $62,500 +56.3% $52 / Sq Ft
11/13/2014 11/13/14 Sold $40,000 -12.9% $33 / Sq Ft View Prior Sale
11/08/2014 11/08/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $45,900 -- $38 / 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 $546 $28,525 $3,875 $24,650
2024 $546 $16,275 $2,900 $13,375
2023 $982 $16,275 $2,900 $13,375
2022 $982 $16,275 $2,900 $13,375
2021 $992 $16,275 $2,900 $13,375
2020 $976 $13,475 $2,900 $10,575
2019 $976 $13,475 $2,900 $10,575
2018 $976 $13,475 $2,900 $10,575
2017 $554 $13,475 $2,900 $10,575
2016 $663 $15,175 $0 $0
2014 $663 $15,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Mosteller

    Seller's Agent in 2017

    Michael Mosteller

    RE/MAX

    (901) 870-3692

    75 Total Sales

    Michael Mosteller
    Section Image
  • Seldon Briggs

    Buyer's Agent in 2017

    Seldon Briggs

    Assured Real Estate Services

    (901) 315-8355

    6 Total Sales

    Seldon Briggs
    Section Image

  • C

    Seller's Agent in 2014

    Cindy Carr

    Adaro Realty, Inc.

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9995707

Memphis Area Association of REALTORS®

APN: 09-3514-B0-0059

Tennessee Shelby County Memphis 38115 Hickory Hill

3905 Spumante, Memphis, TN

Not Listed for Sale

MultiFamily

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