NOT LISTED FOR SALE

3938 Chelsea Hill Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $146,053 - $169,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $45,000 $25 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $907/month

69 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • Attic
  • Some Wood Windows
  • Patio

About This Home

As of December 2017

Great investment property! Please do not disturb tenant. Inspections may be schedule with a fully executed purchase agreement.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 09/13/2017

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 09/13/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 2005

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,651 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Great Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

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

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Raleigh Estates Pd Phase Ii & Iii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090027 B00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

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: 33
  • Number Of Stories: 2
  • Price Per Sq Ft: 27.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1651
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath

Exterior Features

  • Misc Exterior: Storage Building, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 41
  • Acreage: 0.08
  • Lot Size: 47.99 X 73.32 (IRR)
  • Price Per Acre: 687500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090027 B00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Dec 19, 2017
Sold by
Team Jimmlson Usa Lower Llc
Bought by
Brielle Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Current Estimated Value
$153,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,013
Avg. Annual Appreciation
16.47%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Shelby Holdings Llc
Bought by
Team Jimmieson Usa Lower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,142
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2012
Sold by
Fedex Employees Credit Association
Bought by
Shelby Holdings Llc

Purchase Details

Closed on
Jul 23, 2012
Sold by
Carter Danielle
Bought by
Fedex Employees Credit Association

Purchase Details

Closed on
Mar 13, 2009
Sold by
Southern Horizon Development Llc
Bought by
Carter Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2009
Sold by
Southern Horizon Development Llc
Bought by
Southern Horizon Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2008
Sold by
Us Bank National Association
Bought by
Southern Horizon Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.48%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2008
Sold by
Butler Keith
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2006
Sold by
Logos Inc
Bought by
Butler Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
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
$113,716
Interest Rate
5.59%
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
Brielle Llc $65,000 None Available
Team Jimmieson Usa Lower Llc $61,500 None Available
Shelby Holdings Llc $21,000 None Available
Fedex Employees Credit Association $30,000 None Available
Carter Danielle $125,000 None Available
Southern Horizon Development Llc -- None Available
Southern Horizon Development Llc $30,100 Associates Closing & Title
Us Bank National Association $48,000 None Available
Butler Keith $141,500 None Available
Logos Inc $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Team Jimmieson Usa Lower Llc $36,142
Previous Owner Carter Danielle $106,250
Previous Owner Southern Horizon Development Llc $51,300
Previous Owner Butler Keith $141,500
Previous Owner Logos Inc $113,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $45,000 -18.2% $28 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $55,000 -- $34 / 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 $881 $34,450 $3,500 $30,950
2024 $881 $26,000 $2,400 $23,600
2023 $1,584 $26,000 $2,400 $23,600
2022 $1,584 $26,000 $2,400 $23,600
2021 $1,602 $26,000 $2,400 $23,600
2020 $1,199 $16,550 $2,400 $14,150
2019 $1,199 $16,550 $2,400 $14,150
2018 $1,199 $16,550 $2,400 $14,150
2017 $680 $16,550 $2,400 $14,150
2016 $723 $16,550 $0 $0
2014 $723 $16,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2017

    James Wachob

    Foundation Property Management

    (901) 633-1484

    26 in this area

    622 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10011438

Memphis Area Association of REALTORS®

APN: 09-0027-B0-0025

Tennessee Shelby County Memphis 38128 Raleigh

3938 Chelsea Hill Dr, Memphis, TN

This home is located at 3938 Chelsea Hill Dr, Memphis, TN 38128 since 13 September 2017 and is currently estimated at $153,013, approximately $85 per square foot. This property was built in 2005. 3938 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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