NOT LISTED FOR SALE

3931 Otter Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $187,369 - $215,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$104/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2014

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

Est. 126% increase in value since last sale

Current estimated payment $1,243 / mo

385 Days on Market

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

Right Way Realty, LLC License #53832 Listed on: 11/12/2012

Right Way Realty, LLC

Last Buyer's Agent

Dennis Wages

Right Way Realty, LLC License #53832 Listed on: 11/12/2012

Right Way Realty, LLC

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 25,700 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Few Trees

Home Design

  • Williamsburg Architecture
  • Brick Veneer

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

Year Built

Built in 1964

Lot Details

0.59 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Williamsburg
  • Detached Unit Type: General Residential
  • Cross Street: COLEMAN
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1.2
  • 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
  • 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

Tax Info

  • Assessor Parcel Number: 086015 00048

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Jan 31, 2014
Sold by
Bought by
Seller's Agent
Dennis Wages
Right Way Realty, LLC
Buyer's Agent
Dennis Wages
Right Way Realty, LLC
List Price
$139,900
Sold Price
$92,000
Premium/Discount to List
-$47,900
-34.24%
Current Estimated Value
$207,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,592
Avg. Annual Appreciation
6.72%
Original Mortgage
$90,333
Outstanding Balance
$66,376
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$141,216

Purchase Details

Closed on
Feb 9, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Raleigh, TN

  • Sherry Harbur Real Estate Agent - Harbur Realty

    Sherry Harbur

    Harbur Realty

    (901) 350-4118

    80 Total Sales

    5 in Raleigh

    $92K - $200K Price Range

    Sherry Harbur
     Section Image
  • Petra Walker Real Estate Agent - KAIZEN Realty, LLC

    Petra Walker

    KAIZEN Realty, LLC

    (901) 422-9031

    153 Total Sales

    7 in Raleigh

    $95K - $200K Price Range

    Petra Walker
     Section Image
  • Michelle Shaver-Simpson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Michelle Shaver-Simpson

    Crye-Leike, Inc., REALTORS

    (901) 464-3556

    78 Total Sales

    2 in Raleigh

    $210K - $240K Price Range

    Michelle Shaver-Simpson
     Section Image
  • Juan Casem Real Estate Agent - Crye-Leike Inc., REALTORS

    Juan Casem

    Crye-Leike Inc., REALTORS

    (901) 979-1402

    116 Total Sales

    1 in Raleigh

    $70,000 Price

    Juan Casem
     Section Image
  • Fontaine Albritton Real Estate Agent - Crye-Leike, Inc., REALTORS

    Fontaine Albritton

    Crye-Leike, Inc., REALTORS

    (901) 437-5465

    95 Total Sales

    1 in Raleigh

    $175,000 Price

    Fontaine Albritton
     Section Image
  • Jim Williams Real Estate Agent - Tiger Realty

    Jim Williams

    Tiger Realty

    (901) 763-6539

    33 Total Sales

    2 in Raleigh

    $203K - $217K Price Range

    Jim Williams
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$92,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,186 $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 Real Estate Agent - RE/MAX

    Seller's Agent in 2014

    Dennis Wages

    RE/MAX

    (901) 486-3102

    64 Total Sales

    Dennis Wages
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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

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