NOT LISTED FOR SALE

3945 Otter Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $310,056 - $393,000

4 Beds
2.5 Baths
3,200-3,399 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $255,000 $75 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,042/month

Highlights

  • Waterfront
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 0.88 Acre Lot
  • Wood Flooring
  • Attic

About This Home

As of December 2021

CONTRACT FAILED. BACK ON MARKET. Well maintained home backs up to lake. Lots of improvements including new HWH, new carpet and paint, condenser 3yrs. Beautiful pegged hardwood flooring in den and huge second den down with wet bar and JennAir grill. Master bedroom down with large walk-in closet. Three large bedrooms up with shared bath and large bonus room up. Lots of closet space. Seller prefers As Is sale. Agent owned. Showings between 10-4.

Last Agent to Sell the Property

Joann Ronza

Adaro Realty, Inc. License #55362 Listed on: 09/16/2021

Adaro Realty, Inc.

Co-Listed By

LouAnn Girard

Real Estate Agency License #332851

Last Buyer's Agent

Lauren McConnaughhay

Vylla Home License #351049

Vylla Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1967

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 146x263
  • Waterfront
  • Chain Link Fence
  • Landscaped
  • Few Trees

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,360 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Monitored
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Circular Driveway

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 086015 00047

Community Details

Overview

  • Jemison & Ottes Lakemont Gardens Blk A Subdivision
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,320

Year Built

Built in 1967

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732D
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • List Price Per Sq Ft: 89
  • Number Of Stories: 2
  • Price Per Sq Ft: 75.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3360
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedroom 4 Description: Level 2, Shared Bath
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Textured Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio, Chain Fence, Storage, Workshop
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Circular Drive, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Fire Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Sewer

Association/Amenities

  • Annual Association Fee: 150
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water Frontage, Landscaped, Chain Fenced
  • Lot Number: 100
  • Acreage: 0.88
  • Lot Size: 146X263
  • Price Per Acre: 340795

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 086015 00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Dec 3, 2021
Sold by
Ronza Joann and Girard Louann
Bought by
Bonner Teyna M
Seller's Agent
Joann Ronza
Adaro Realty, Inc.
Buyer's Agent
Lauren McConnaughhay
Vylla Home
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%
Current Estimated Value
$350,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,014
Avg. Annual Appreciation
8.46%
Original Mortgage
$242,250
Outstanding Balance
$222,896
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$127,118

Purchase Details

Closed on
Jan 10, 2017
Sold by
Ronza Joann
Bought by
Ronza Joann and Girard Louann

Purchase Details

Closed on
Aug 1, 1996
Sold by
Ronza Louis
Bought by
Ronza Joann
Source: Public Records

Range of Values:

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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
Bonner Teyna M $255,000 Edco Ttl & Closing Svcs Inc
Ronza Joann -- None Available
Ronza Joann -- Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonner Teyna M $242,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $255,000 -15.0% $80 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $299,900 0.0% $94 / Sq Ft
10/27/2021 10/27/21 Price Changed $299,900 -6.3% $94 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $319,900 -- $100 / 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 $2,320 $94,550 $6,625 $87,925
2024 $2,320 $68,425 $6,200 $62,225
2023 $4,168 $68,425 $6,200 $62,225
2022 $4,168 $68,425 $6,200 $62,225
2021 $2,361 $68,425 $6,200 $62,225
2020 $3,281 $45,275 $6,200 $39,075
2019 $1,447 $45,275 $6,200 $39,075
2018 $1,447 $45,275 $6,200 $39,075
2017 $1,481 $45,275 $6,200 $39,075
2016 $2,032 $46,500 $0 $0
2014 $2,032 $46,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joann Ronza

    Adaro Realty, Inc.

    Section Image

  • L

    Seller Co-Listing Agent in 2021

    LouAnn Girard

    Real Estate Agency

    Section Image
  • Lauren McConnaughhay

    Buyer's Agent in 2021

    Lauren McConnaughhay

    Vylla Home

    (901) 270-1573

    1 in this area

    22 Total Sales

    Lauren McConnaughhay
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108872

Memphis Area Association of REALTORS®

APN: 08-6015-0-0047

Tennessee Shelby County Memphis 38128 Raleigh

3945 Otter Dr, Memphis, TN

This home is located at 3945 Otter Dr, Memphis, TN 38128 since 16 September 2021 and is currently estimated at $350,014, approximately $102 per square foot. This property was built in 1967. 3945 Otter Dr is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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