NOT LISTED FOR SALE

3911 Tessland Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $117,000 - $144,000

4 Beds
1.5 Baths
1,400-1,599 Sq Ft
$80/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $86,000 $54 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $727/month

Highlights

  • Traditional Architecture
  • Porch
  • Laundry Room
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of August 2019

Nestled in a quite established Raleigh Neighborhood in walking distance to two schools. New Roof, New Flooring, Fresh paint, could make a great family home, or turnkey investment property. Current leases in the neighborhood are getting @ $900-$950 for a 4 bedroom. Appliance credit will be given at closing.

Last Agent to Sell the Property

Stephanie Taylor

Sowell, Realtors License #295151 Listed on: 07/04/2019

Last Buyer's Agent

Joseph Johnson

BEST Real Estate Company License #347391

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,488 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Nam Ni Estates Blk A 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090037 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: NAM NI ESTATES BLK A-1
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1488
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1 1/2 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 1, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Kit/DR Combo
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Half Bath, Carpet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.19
  • Lot Size: 65/37.95 X 132.08/78.44+74.33
  • Price Per Acre: 471053

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090037 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 19, 2019
Sold by
Bruce Mark G and Bruce Donna K
Bought by
Climmons Jonathan O
Seller's Agent
Stephanie Taylor
Sowell, Realtors
Buyer's Agent
Joseph Johnson
BEST Real Estate Company
List Price
$82,500
Sold Price
$86,000
Premium/Discount to List
$3,500
4.24%
Current Estimated Value
$127,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,634
Avg. Annual Appreciation
6.60%
Original Mortgage
$87,849
Outstanding Balance
$76,939
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$50,695

Purchase Details

Closed on
Aug 10, 2009
Sold by
Skaggs John and Howell Jeff
Bought by
Bruce Mark G and Bruce Donna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2009
Sold by
Federal National Mortgage Association
Bought by
Skaggs John and Howell Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
4.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 2, 2009
Sold by
Caradine Edna J
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
4.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 14, 2008
Sold by
Smith Martha M
Bought by
Caradine Edna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6%
Mortgage Type
Unknown
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
Climmons Jonathan O $86,000 Edco Ttl & Closing Svcs Inc
Bruce Mark G $50,000 None Available
Skaggs John $27,000 Chicago Title Ins Co
Federal National Mortgage Association $68,030 None Available
Caradine Edna J $80,000 Verified Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Climmons Jonathan O $87,849
Previous Owner Bruce Mark G $40,000
Previous Owner Skaggs John $28,800
Previous Owner Caradine Edna J $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $86,000 -3.9% $61 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $89,500 +8.5% $64 / Sq Ft
07/04/2019 07/04/19 For Sale $82,500 -- $59 / 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 $623 $28,675 $2,875 $25,800
2024 $623 $18,375 $2,250 $16,125
2023 $1,119 $18,375 $2,250 $16,125
2022 $1,119 $18,375 $2,250 $16,125
2021 $1,132 $18,375 $2,250 $16,125
2020 $1,054 $14,550 $2,250 $12,300
2019 $465 $14,550 $2,250 $12,300
2018 $465 $14,550 $2,250 $12,300
2017 $476 $14,550 $2,250 $12,300
2016 $611 $13,975 $0 $0
2014 $611 $13,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Taylor

    Seller's Agent in 2019

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    4 in this area

    146 Total Sales

    Stephanie Taylor
    Section Image
  • Joseph Johnson

    Buyer's Agent in 2019

    Joseph Johnson

    BEST Real Estate Company

    (901) 644-7278

    2 in this area

    33 Total Sales

    Joseph Johnson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10056600

Memphis Area Association of REALTORS®

APN: 09-0037-0-0013

Tennessee Shelby County Memphis 38128 Raleigh

3911 Tessland Rd, Memphis, TN

This home is located at 3911 Tessland Rd, Memphis, TN 38128 since 04 July 2019 and is currently estimated at $127,634, approximately $79 per square foot. This property was built in 1964. 3911 Tessland Rd 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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