NOT LISTED FOR SALE

3953 Chelsea Hill Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $116,000 - $163,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $50,000 $31 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $863/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Wall to Wall Carpet
  • Den
  • Level Lot

About This Home

As of June 2017

Great Investment Property. Rents for $750 month. Property has 3 bedrooms, 2.5 baths, large living room, kitchen with eating area, dining room, big back yard, and a 2 car attached carport and is in rent ready condition. Call appointment line for showings.

Last Agent to Sell the Property

Benjamin Reed

Reed & Associates of Tenn, LLC License #286831 Listed on: 03/30/2017

Co-Listed By

Phillip Kemp

Reed & Associates of Tenn, LLC License #286830

Last Buyer's Agent

Vuanita Jones-McArthur

BEST Real Estate Company License #282781

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 85
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,512 Sq Ft Home
  • 1.5-Story Property
  • Aluminum Window Frames
  • Den
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

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 B00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

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: 36
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 33.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1512
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

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

Exterior Features

  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 18
  • Acreage: 0.09
  • Lot Size: 50 X 85
  • Price Per Acre: 611111

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 090027 B00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 15, 2017
Sold by
Bello Adegboyega Basheer and Bello Misturah Adebola
Bought by
Potts Angeleta
Seller's Agent
Benjamin Reed
Reed & Associates of Tenn, LLC
Buyer's Agent
Vuanita Jones-McArthur
BEST Real Estate Company
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$145,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,796
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Southwest Property Partners Llc
Bought by
Bello Adegboyega Basheer and Bello Misturah Adebola

Purchase Details

Closed on
Sep 22, 2014
Sold by
Southwest Property Partners Llc
Bought by
Alexander Properties Llc

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jun 13, 2014
Sold by
Equity Trust Co
Bought by
Southwest Property Partners Llc
Seller's Agent
Kenisha Martin
JK Homes & Realty Services
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$39,500
Sold Price
$35,000
Premium/Discount to List
-$4,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$52,000
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 3, 2012
Sold by
F Market Straights Llc
Bought by
Equity Trust Company and Sherri Hutchison Ira

Purchase Details

Closed on
Feb 29, 2012
Sold by
Fannie Mae
Bought by
F Market Straights Llc

Purchase Details

Closed on
Jan 26, 2012
Sold by
Munn Sandra
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 20, 2007
Sold by
Bank Of New York Trust Co Na
Bought by
Munn Sandra

Purchase Details

Closed on
Nov 8, 2007
Sold by
Elam Fred
Bought by
Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jul 26, 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
$108,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
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
$94,500
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Potts Angeleta $50,000 Delta Title Services Llc
Bello Adegboyega Basheer $59,620 Saddle Creek Title Llc
Alexander Properties Llc -- None Available
Southwest Property Partners Llc $35,000 Close Trak Llc
Equity Trust Company $53,000 Western Title & Escrow Servi
F Market Straights Llc $22,000 Western Title
Federal National Mortgage Association $120,473 None Available
Munn Sandra $48,500 Resource Title Agency Of Tn
Bank Of New York Trust Co Na $79,050 None Available
Logos Inc $27,500 --
Elam Fred $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southwest Property Partners Llc $52,000
Previous Owner Munn Sandra $97,300
Previous Owner Logos Inc $108,000
Previous Owner Elam Fred $94,500
Closed Elam Fred $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $50,000 -9.1% $36 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $55,000 +57.1% $39 / Sq Ft
06/23/2014 06/23/14 Sold $35,000 -11.4% $23 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $39,500 -- $26 / 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 $829 $32,325 $3,500 $28,825
2024 $829 $24,450 $2,400 $22,050
2023 $1,489 $24,450 $2,400 $22,050
2022 $1,489 $24,450 $2,400 $22,050
2021 $1,507 $24,450 $2,400 $22,050
2020 $1,143 $15,775 $2,400 $13,375
2019 $1,143 $15,775 $2,400 $13,375
2018 $1,143 $15,775 $2,400 $13,375
2017 $648 $15,775 $2,400 $13,375
2016 $683 $15,625 $0 $0
2014 $683 $15,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Benjamin Reed

    Reed & Associates of Tenn, LLC

    (901) 870-2966

    1 in this area

    64 Total Sales

    Benjamin Reed
    Section Image
  • Phillip Kemp

    Seller Co-Listing Agent in 2017

    Phillip Kemp

    Reed & Associates of Tenn, LLC

    (901) 461-4662

    1 in this area

    56 Total Sales

    Phillip Kemp
    Section Image
  • Vuanita Jones-McArthur

    Buyer's Agent in 2017

    Vuanita Jones-McArthur

    BEST Real Estate Company

    (662) 420-5881

    29 Total Sales

    Vuanita Jones-McArthur
    Section Image

  • K

    Seller's Agent in 2014

    Kenisha Martin

    JK Homes & Realty Services

    (901) 352-1345

    2 in this area

    32 Total Sales

    Kenisha Martin
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    James Martin

    JK Homes & Realty Services

  • Linda Woods Bell

    Buyer's Agent in 2014

    Linda Woods Bell

    KAIZEN Realty, LLC

    (901) 340-8024

    6 in this area

    119 Total Sales

    Linda Woods Bell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9998810

Memphis Area Association of REALTORS®

APN: 09-0027-B0-0002

Tennessee Shelby County Memphis 38128 Raleigh

3953 Chelsea Hill Dr, Memphis, TN

This home is located at 3953 Chelsea Hill Dr, Memphis, TN 38128 since 30 March 2017 and is currently estimated at $145,796, approximately $91 per square foot. This property was built in 2005. 3953 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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