NOT LISTED FOR SALE

3921 Chelsea Hill Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $117,000 - $166,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $111,000 $69 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $866/month

120 Days on Market

About This Home

As of January 2024

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 09/14/2023

Last Buyer's Agent

Gerald Williams

KAIZEN Realty, LLC License #256582

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,456 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Raleigh Estates Pd Phase Ii & Iii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090027 B00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: RALEIGH ESTATES PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 76.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1456
  • Year Built: 2005
  • List Price/ Sq Ft: 78
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 26
  • Acreage: 0.11
  • Lot Size: 56.04 X 90.86 (IRR)
  • Price Per Acre: 1027273

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090027 B00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 20, 2023
Sold by
Crestcore Ii Llc
Bought by
Lrg Investment Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Gerald Williams
KAIZEN Realty, LLC
List Price
$125,000
Sold Price
$111,000
Premium/Discount to List
-$14,000
-11.2%
Views
62
Current Estimated Value
$146,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,748
Avg. Annual Appreciation
18.94%
Original Mortgage
$102,700
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2019
Sold by
Your Home Llc
Bought by
Crestcore Ii Llc

Purchase Details

Closed on
Jun 21, 2010
Sold by
Patriot Bank
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2007
Sold by
Elam Frederick James
Bought by
Patriot Bank
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
Lrg Investment Properties Llc $111,000 Regency Title & Escrow
Lrg Investment Properties Llc $111,000 Regency Title & Escrow
Crestcore Ii Llc -- None Available
Your Home Llc $315,000 None Available
Patriot Bank $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lrg Investment Properties Llc $120,000
Closed Lrg Investment Properties Llc $120,000
Previous Owner Lrg Investment Properties Llc $102,700
Previous Owner Your Home Llc $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $111,000 -1.8% $79 / Sq Ft
10/17/2023 10/17/23 Price Changed $113,000 -5.0% $81 / Sq Ft
10/05/2023 10/05/23 Price Changed $119,000 -4.8% $85 / Sq Ft
09/14/2023 09/14/23 For Sale $125,000 -- $89 / 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 $798 $31,200 $3,500 $27,700
2024 $798 $23,550 $2,400 $21,150
2023 $1,435 $23,550 $2,400 $21,150
2022 $1,435 $23,550 $2,400 $21,150
2021 $1,451 $23,550 $2,400 $21,150
2020 $1,092 $15,075 $2,400 $12,675
2019 $482 $15,075 $2,400 $12,675
2018 $482 $15,075 $2,400 $12,675
2017 $493 $15,075 $2,400 $12,675
2016 $658 $15,050 $0 $0
2014 $658 $15,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2024

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    117 in this area

    1,425 Total Sales

    Dean Harris
    Section Image

  • G

    Buyer's Agent in 2024

    Gerald Williams

    KAIZEN Realty, LLC

    (901) 219-9054

    10 in this area

    18 Total Sales

    Gerald Williams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156659

Memphis Area Association of REALTORS®

APN: 09-0027-B0-0010

Tennessee Shelby County Memphis 38128 Raleigh

3921 Chelsea Hill Dr, Memphis, TN

This home is located at 3921 Chelsea Hill Dr, Memphis, TN 38128 since 14 September 2023 and is currently estimated at $146,748, approximately $91 per square foot. This property was built in 2005. 3921 Chelsea Hill Dr is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Coleman School.

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