NOT LISTED FOR SALE

3937 Chelsea Hill Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $115,000 - $159,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $61,000 $38 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $841/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Wall to Wall Carpet
  • Separate Formal Living Room

About This Home

As of July 2019

This home is located at 3937 Chelsea Hill Dr, Memphis, TN 38128 since 22 July 2019 and is currently estimated at $141,968, approximately $101 per square foot. This property was built in 2005. 3937 Chelsea Hill Dr is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Coleman School.

Last Agent to Sell the Property

Terrance Hill

eXp Realty, LLC License #323978 Listed on: 07/22/2019

eXp Realty, LLC

Last Buyer's Agent

Terrance Hill

eXp Realty, LLC License #323978 Listed on: 07/22/2019

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,456 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Wall to Wall Carpet
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Estates Pd Phase Ii & Iii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090027 B00006

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
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: RALEIGH ESTATES PH2
  • List Price Per Sq Ft: 42
  • Number Of Stories: 2
  • Price Per Sq Ft: 41.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1456
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 22
  • Acreage: 0.09
  • Lot Size: 50 X 86.04 (IRR)
  • Price Per Acre: 677778

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090027 B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jul 31, 2019
Sold by
Apt Property Llc
Bought by
Malayer Tn Holding Llc
Seller's Agent
Terrance Hill
eXp Realty, LLC
Buyer's Agent
Terrance Hill
eXp Realty, LLC
List Price
$61,000
Sold Price
$61,000
Current Estimated Value
$141,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,968
Avg. Annual Appreciation
15.04%

Purchase Details

Listed on
Mar 19, 2013
Closed on
Jun 24, 2013
Sold by
Southwest Property Partners Llc
Bought by
Heritage Properties Of Tn Inc
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$15,900
Sold Price
$20,000
Premium/Discount to List
$4,100
25.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
Original Mortgage
$60,000
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 24, 2013
Sold by
Heritage Properties Of Tn Inc
Bought by
Apt Property Llc
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$15,900
Sold Price
$20,000
Premium/Discount to List
$4,100
25.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 23, 2013
Sold by
Bank Of America Na
Bought by
Southwest Property Partners Llc
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$15,900
Sold Price
$20,000
Premium/Discount to List
$4,100
25.79%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Turner Martha D and Leigh Eltra
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 26, 2008
Sold by
Mccoy Ronald J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Leigh Eltra and Turner Martha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Leigh Eltra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2007
Sold by
Elam Fred
Bought by
Deutsche Bank National Trust Co and Certificateholders Of Soundview Home Loa

Purchase Details

Closed on
Sep 20, 2007
Sold by
Elam Fred
Bought by
Deutsche Bank National Trust Co and Certificateholders Of Soundview Home Loa

Purchase Details

Closed on
Jan 26, 2007
Sold by
Us Bank Na
Bought by
Mccoy Ronald

Purchase Details

Closed on
May 10, 2005
Sold by
Logos Inc
Bought by
Elam Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Gold Key Realty Inc
Bought by
Logos Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Malayer Tn Holding Llc $61,000 Saddle Creek Title Llc
Heritage Properties Of Tn Inc -- None Available
Apt Property Llc $53,000 None Available
Southwest Property Partners Llc $20,000 None Available
Bank Of America Na $75,208 None Available
Federal National Mortgage Association $79,479 None Available
Leigh Eltra -- First National Financial Tit
Leigh Eltra $45,500 Lehman Land Title Inc
Deutsche Bank National Trust Co $66,500 None Available
Deutsche Bank National Trust Co $135,000 None Available
Mccoy Ronald $91,500 None Available
Elam Fred $139,000 --
Logos Inc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heritage Properties Of Tn Inc $60,000
Previous Owner Turner Martha D $92,000
Previous Owner Leigh Eltra $40,800
Previous Owner Elam Fred $125,100
Previous Owner Logos Inc $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $61,000 0.0% $44 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $61,000 +205.0% $44 / Sq Ft
05/01/2013 05/01/13 Sold $20,000 +25.8% $14 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $15,900 -- $11 / 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 $1,705 $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

  • Terrance Hill

    Seller's Agent in 2019

    Terrance Hill

    eXp Realty, LLC

    (901) 691-2722

    5 in this area

    114 Total Sales

    Section Image
  • Greg Glosson

    Seller's Agent in 2013

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Section Image
  • Linda Woods Bell

    Buyer's Agent in 2013

    Linda Woods Bell

    KAIZEN Realty, LLC

    (901) 340-8024

    6 in this area

    119 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058771

Memphis Area Association of REALTORS®

APN: 09-0027-B0-0006

Tennessee Shelby County Memphis 38128 Raleigh

3937 Chelsea Hill Dr, Memphis, TN

This home is located at 3937 Chelsea Hill Dr, Memphis, TN 38128 since 22 July 2019 and is currently estimated at $141,968, approximately $88 per square foot. This property was built in 2005. 3937 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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