NOT LISTED FOR SALE

3940 Kerwin Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $129,000 - $139,265

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2020

Last sale price $89,900 $64 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $815 / mo

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Brick Veneer
  • Traditional Architecture
  • Den
  • Central Heating and Cooling System

About This Home

As of May 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $850and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/10/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,309 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Kerwin Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090059 00031

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KERWIN SEC A
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1309
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.2
  • Lot Size: 75.01/75 X 118.96/118

Tax Info

  • Assessor Parcel Number: 090059 00031

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
Mar 10, 2020
Closed on
May 4, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$134,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,166
Avg. Annual Appreciation
6.52%
Original Mortgage
$71,920
Outstanding Balance
$62,587
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$71,479

Purchase Details

Closed on
Dec 23, 2019
Sold by
Wilder Terryl
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2000
Sold by
Hulett T C T and Hulett Kathylene
Bought by
Wilder Terryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.75%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Stover Jamie A
Bought by
Hulett T C and Hulett Kathylene
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

  • Tony Lavelle Real Estate Agent - BHHS McLemore & Co. Realty

    Tony Lavelle

    Responds Quickly

    BHHS McLemore & Co. Realty

    (901) 403-8295

    52 Total Sales

    1 in Raleigh

    $165,000 Price

    Tony Lavelle
     Section Image
  • Vashti Parson Real Estate Agent - C21 Patterson & Assoc. Real Es

    Vashti Parson

    C21 Patterson & Assoc. Real Es

    (901) 441-8931

    25 Total Sales

    3 in Raleigh

    $185K - $295K Price Range

    Vashti Parson
     Section Image
  • Daniel Johnson Real Estate Agent - SimpliHOM

    Daniel Johnson

    SimpliHOM

    (901) 350-4020

    23 Total Sales

    1 in Raleigh

    $153,000 Price

    Daniel Johnson
     Section Image
  • Steve Luong Real Estate Agent - eXp Realty, LLC

    Steve Luong

    eXp Realty, LLC

    (901) 203-7925

    16 Total Sales

    1 in Raleigh

    $100,000 Price

    Steve Luong
     Section Image
  • Walter Jones Real Estate Agent - BEST Real Estate Company

    Walter Jones

    BEST Real Estate Company

    (901) 459-5330

    85 Total Sales

    11 in Raleigh

    $75K - $179K Price Range

    Walter Jones
     Section Image
  • Frances Anderson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Frances Anderson

    Crye-Leike, Inc., REALTORS

    (901) 979-5033

    136 Total Sales

    4 in Raleigh

    $55K - $210K Price Range

    Frances Anderson
     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
$89,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $43,258 Multiple
Wilder Terryl $75,000 --
Hulett T C $63,500 --
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 $71,920
Previous Owner Memphis Investment Properties Ii Llc $75,000
Previous Owner Wilder Terryl $71,250
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
05/05/2020 05/05/20 Sold $89,900 0.0% $75 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $89,900 -- $75 / 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 $952 $35,375 $3,250 $32,125
2024 $848 $25,025 $2,250 $22,775
2023 $1,524 $25,025 $2,250 $22,775
2022 $1,524 $25,025 $2,250 $22,775
2021 $863 $25,025 $2,250 $22,775
2020 $1,067 $14,725 $2,250 $12,475
2019 $471 $14,725 $2,250 $12,475
2018 $471 $14,725 $2,250 $12,475
2017 $482 $14,725 $2,250 $12,475
2016 $702 $16,075 $0 $0
2014 $702 $16,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy Real Estate Agent - Reedy & Company, REALTORS

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    14 in this area

    213 Total Sales

    Jim Reedy
    Section Image

  • BR

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    14 in this area

    224 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072580

Memphis Area Association of REALTORS®

APN: 09-0059-0-0031

Tennessee Shelby County Memphis 38128 Raleigh

3940 Kerwin Dr, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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