$240,000
SOLD DEC 31, 2025

3928 Springfield Dr Memphis, TN 38128

Raleigh Neighborhood
4 Beds
2 Baths
3,256 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

11% Below List Price

54 Days on Market

Highlights

  • Docks
  • Community Lake
  • Contemporary Architecture
  • Waterfront
  • Deck
  • Wooded Lot

About This Home

As of December 2025

Contemporary & Distinctive 4BR/2BA Lakefront Home in Serene Neighborhood~Welcoming Grand Foyer Opens to Spacious Interior~Expansive Living/Dining Room Combo w/Vaulted Ceilings & Abundant Natural Light~Updated Kitchen Featuring Stainless Steel Appliances, Granite Countertops & Breakfast Bar~Inviting Great Room Overlooking the Lake w/Wall-to-Wall Windows~Generous Primary Bedroom w/En-Suite Bath, Dual Walk-In Closets & Private Balcony~Three Additional Spacious Bedrooms + Full Bath~Flexible Loft Area Upstairs~Spectacular Outdoor Living w/Deck, Patio & Private Boat Dock

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 10/14/2025

Last Buyer's Agent

Heather Ray

Real Estate Agency License #380521

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 56x178
  • Waterfront
  • Wooded Lot
  • Few Trees

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 3,256 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Some Wood Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Docks
  • Cove
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Community Details

  • Voluntary home owners association
  • Jemison & Ottes Lakemont Gardens Blk A Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 086040 00049

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3256
  • Year Built: 1970
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Full Bath Down
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedroom 4 Description: Level 1, Shared Bath
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Tile, Concrete Floor
  • Full Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Dishwasher, Microwave
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Loft/Balcony
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: B-B-Q Pit, Porch, Patio, Deck, Boat Dock
  • Exterior Windows: Wood/Composition, Stone
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Wooded, Some Trees, Water Frontage, Water View, Cove
  • Lot Number: 36
  • Acreage: 0.22
  • Lot Size: 56X178
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 086040 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Mcwaters Thomas W
Bought by
F Street Investments Llc

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 6, 2023
Sold by
Steve Yee Revocable Trust
Bought by
Jewel Enterprise Real Estate Investments Llc
Seller's Agent
Dave Tatum
eXp Realty, LLC
Buyer's Agent
Desiree Anderson
Adaro Realty, Inc.
List Price
$199,500
Sold Price
$215,000
Premium/Discount to List
$15,500
7.77%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$227,050
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 2021
Sold by
Yee Steve J
Bought by
Yee Steve and Yee Kevin

Purchase Details

Closed on
Nov 5, 1998
Sold by
Vaughn Barbara H
Bought by
Yee Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 18, 1998
Sold by
Vaughn Jerry B
Bought by
Vaughn Barbara H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Trustee Deed $235,000 None Listed On Document
Warranty Deed $215,000 Edco Title & Closing Services
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Swilley David L
Warranty Deed $150,000 --
Warranty Deed $150,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $227,050 Construction
Previous Owner $86,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2025 12/31/25 Sold $240,000 -4.0% $74 / Sq Ft
12/07/2025 12/07/25 Pending -- -- --
11/17/2025 11/17/25 Price Changed $249,900 -3.8% $77 / Sq Ft
10/29/2025 10/29/25 Price Changed $259,900 -3.7% $80 / Sq Ft
10/14/2025 10/14/25 For Sale $269,900 +25.5% $83 / Sq Ft
03/10/2023 03/10/23 Sold $215,000 +7.8% $67 / Sq Ft View Prior Sale
02/16/2023 02/16/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $199,500 0.0% $62 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $199,500 -- $62 / 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 $1,676 $66,600 $6,625 $59,975
2024 $1,676 $49,450 $6,200 $43,250
2023 $3,012 $49,450 $6,200 $43,250
2022 $3,012 $49,450 $6,200 $43,250
2021 $3,048 $49,450 $6,200 $43,250
2020 $2,299 $31,725 $6,200 $25,525
2019 $1,014 $31,725 $6,200 $25,525
2018 $1,014 $31,725 $6,200 $25,525
2017 $1,038 $31,725 $6,200 $25,525
2016 $1,481 $33,900 $0 $0
2014 $1,481 $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10207740

Memphis Area Association of REALTORS®

APN: 08-6040-0-0049