NOT LISTED FOR SALE

3931 Otter Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $177,000 - $256,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $92,000 $46 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,254/month

Highlights

  • Updated Kitchen
  • 0.59 Acre Lot
  • Wood Flooring
  • Waterfront
  • Community Lake
  • Main Floor Primary Bedroom

About This Home

As of January 2014

Hardwood under carpets.Gas logs.Built-in-bookcases. Pocket doors.Formal Dining & livingrooms.Tiled entry.Spacious eat-in-kitchen.Master bedroom features include a baywindow.Tiled baths.Oak tread stairs to bedroom upstairs.Cedar lined closet.Walk-in-attic.

Last Agent to Sell the Property

Dennis Wages

RE/MAX Right Way License #53832 Listed on: 11/12/2012

RE/MAX Right Way

Last Buyer's Agent

Dennis Wages

RE/MAX Right Way License #53832 Listed on: 11/12/2012

RE/MAX Right Way

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1964

Lot Details

  • 0.59 Acre Lot
  • Waterfront
  • Level Lot
  • Few Trees

Home Design

  • Williamsburg Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,907 Sq Ft Home
  • 1.2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Storage Room
  • Laundry closet
  • Water Views
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Cedar Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Home Security

  • Monitored
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Rear-Facing Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 086015 00048

Community Details

Overview

  • Jemison & Otte's Lakemont Gardens Blk A Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,268

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Williamsburg
  • Detached Unit Type: General Residential
  • Cross Street: COLEMAN
  • MLS Map #: 732D
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 48.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1907
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Hardwood Floor, Carpet
  • Bedroom 3 Description: Level 1, Hardwood Floor, Carpet
  • Bedroom 4 Description: Level 2, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Wall to Wall Carpet, Slate, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Cedar Lined Closet(s), Walk-In Attic, Cat/Dog Free House, Security System, Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Nbrhd Recreation Facility
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Frontage, Water View
  • Lot Number: 101
  • Acreage: 0.59
  • Lot Size: 128.53/142.97I X 200/178.3
  • Price Per Acre: 184746

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 086015 00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Jan 31, 2014
Sold by
Deshazo Phyllis Ann
Bought by
Williamson Ferdie
Seller's Agent
Dennis Wages
RE/MAX Right Way
Buyer's Agent
Dennis Wages
RE/MAX Right Way
List Price
$139,900
Sold Price
$92,000
Premium/Discount to List
-$47,900
-34.24%
Current Estimated Value
$218,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,872
Avg. Annual Appreciation
7.66%
Original Mortgage
$90,333
Outstanding Balance
$68,424
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$150,448

Purchase Details

Closed on
Feb 9, 2012
Sold by
Deshazo Phyllis A
Bought by
Deshazo Phyllis Ann and The Phyllis Ann Deshazo Revocable Trust
Source: Public Records

Range of Values:

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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
Williamson Ferdie $92,000 None Available
Deshazo Phyllis Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Ferdie $90,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $92,000 -34.2% $51 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $139,900 -- $78 / 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 $1,268 $44,100 $6,625 $37,475
2024 $1,268 $37,400 $6,200 $31,200
2023 $2,278 $37,400 $6,200 $31,200
2022 $2,278 $37,400 $6,200 $31,200
2021 $2,305 $37,400 $6,200 $31,200
2020 $1,705 $23,525 $6,200 $17,325
2019 $1,705 $23,525 $6,200 $17,325
2018 $1,705 $23,525 $6,200 $17,325
2017 $967 $23,525 $6,200 $17,325
2016 $1,145 $26,200 $0 $0
2014 $1,145 $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Wages

    Seller's Agent in 2014

    Dennis Wages

    RE/MAX

    (901) 486-3102

    1 in this area

    80 Total Sales

    Dennis Wages
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3259695

Memphis Area Association of REALTORS®

APN: 08-6015-0-0048

Tennessee Shelby County Memphis 38128 Raleigh

3931 Otter Dr, Memphis, TN

This home is located at 3931 Otter Dr, Memphis, TN 38128 since 12 November 2012 and is currently estimated at $218,872, approximately $109 per square foot. This property was built in 1964. 3931 Otter Dr is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Coleman School, and Granville T. Woods Academy of Innovation Charter School.

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