NOT LISTED FOR SALE

3942 Chelsea Hill Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $145,094 - $171,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $27,500 $15 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $946/month

103 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Storage Room

About This Home

As of March 2015

Property occupied by tenants, two year lease with 11 month left at $750/month. No showings, seller will accept offers subject to inspection. Recently renovated in 2013. Managed by Premier Property Management. Great, positive cash income.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 11/19/2014

Last Buyer's Agent

Michael Jones

Regency Realty, LLC License #310546

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,651 Sq Ft Home
  • 2-Story Property
  • Storage Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Estates Pd Phase Ii & Iii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090027 B00026

Home Details

Home Type

Single Family

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: 17
  • Number Of Stories: 2
  • Price Per Sq Ft: 16.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1651
  • 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: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 42
  • Acreage: 0.08
  • Lot Size: 47.99 X 75.17 (IRR)
  • Price Per Acre: 343750

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 090027 B00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2014
Closed on
Mar 6, 2015
Sold by
Rollins Karen Moore
Bought by
Dirksen Dennis J and The Dennis J Dirksen Revocable Living Tr
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Michael Jones
Regency Realty, LLC
List Price
$66,000
Sold Price
$27,500
Premium/Discount to List
-$38,500
-58.33%
Current Estimated Value
$160,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,774
Avg. Annual Appreciation
18.35%

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 14, 2013
Sold by
Memphis Invest Gp
Bought by
Rollins Karen Moore
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$72,900
Sold Price
$72,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.08%
Original Mortgage
$2,375,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 24, 2013
Closed on
May 17, 2013
Sold by
Fedex Employees Credit Assn
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$72,900
Sold Price
$72,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,375,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 30, 2013
Closed on
Apr 5, 2013
Sold by
Hilliard Willie
Bought by
Fedex Employees Credit Assn
Seller's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$24,900
Sold Price
$24,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,375,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 22, 2009
Sold by
Riley Vivian A and Hilliard Willie
Bought by
Hilliard Willie

Purchase Details

Closed on
Jun 18, 2009
Sold by
Riley Vivian A and Hilliard Willie
Bought by
Hilliard Willie

Purchase Details

Closed on
Jun 16, 2009
Sold by
Riley Vivian A
Bought by
Riley Vivian and Hilliard Willie

Purchase Details

Closed on
Nov 12, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Riley Vivian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Matthews Byron
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust 2006-Wf2

Purchase Details

Closed on
Aug 4, 2006
Sold by
Logos Inc
Bought by
Matthews Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
9.99%
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
Dirksen Dennis J $27,500 None Available
Rollins Karen Moore $72,900 None Available
Memphis Invest Gp $24,900 Chicago Title Insurance Co
Fedex Employees Credit Assn $65,000 None Available
Fedex Employees Credit Assn $65,000 None Available
Hilliard Willie -- Aliance Title & Escrow Llc
Hilliard Willie -- Alliance Title & Escrow Llc
Riley Vivian -- Alliance Title & Escrow Inc
Riley Vivian A $46,000 Associates Closing & Title
Deutsche Bank National Trust Co $65,000 None Available
Matthews Byron $139,000 None Available
Logos Inc $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Invest Gp $2,375,000
Previous Owner Riley Vivian A $36,800
Previous Owner Matthews Byron $132,050
Previous Owner Logos Inc $113,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $27,500 -58.3% $17 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $66,000 -9.5% $41 / Sq Ft
06/14/2013 06/14/13 Sold $72,900 0.0% $46 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $72,900 +192.8% $46 / Sq Ft
05/17/2013 05/17/13 Sold $24,900 0.0% $15 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $24,900 -- $15 / 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 -- $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 $605 $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

  • M

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

    Section Image
  • Michael Jones

    Buyer's Agent in 2015

    Michael Jones

    Regency Realty, LLC

    (901) 239-2763

    88 Total Sales

    Michael Jones
    Section Image
  • Scott Housewirth

    Seller's Agent in 2013

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    9 in this area

    210 Total Sales

    Scott Housewirth
    Section Image

  • N

    Buyer's Agent in 2013

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9940372

Memphis Area Association of REALTORS®

APN: 09-0027-B0-0026

Tennessee Shelby County Memphis 38128 Raleigh

3942 Chelsea Hill Dr, Memphis, TN

This home is located at 3942 Chelsea Hill Dr, Memphis, TN 38128 since 19 November 2014 and is currently estimated at $160,274, approximately $89 per square foot. This property was built in 2005. 3942 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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