NOT LISTED FOR SALE

3958 Bishops Bridge Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $112,000 - $193,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$90/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $60,000 $38 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $838/month

Highlights

  • Wooded Lot
  • Wood Flooring
  • 1 Car Attached Garage
  • Traditional Architecture
  • Porch
  • Eat-In Kitchen

About This Home

As of October 2019

Great Investment Opportunity. Occupied by Tenant House was rehabbed last year. Large fenced yard. DO NOT DISTURB OR APPROACH TENANT!

Last Agent to Sell the Property

Theresa Goolsby

BHHS McLemore & Co., Realty License #344319 Listed on: 05/06/2019

BHHS McLemore & Co., Realty

Last Buyer's Agent

Chris Mosby

ResiAmerica, Inc. License #282881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,486 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Kensington Gardens Blk F 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060207 00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$714

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Winchester
  • MLS Map #: 771B
  • MAAR Subdivision Name: KENSINGTON GARDENS BLK F-1
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 40.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1486
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Second Story Floor Plan: 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded
  • Lot Number: 621
  • Acreage: 0.28
  • Lot Size: 95X150 / 0.28
  • Price Per Acre: 267857

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060207 00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc
Current Estimated Value
$143,993

Purchase Details

Listed on
May 6, 2019
Closed on
Oct 16, 2019
Sold by
Lipe James E
Bought by
Vb One Llc
Seller's Agent
Theresa Goolsby
BHHS McLemore & Co., Realty
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$76,500
Sold Price
$60,000
Premium/Discount to List
-$16,500
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Mar 21, 2008
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Lipe James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Webb Doris
Bought by
Wells Fargo Bank Minnesota Na and First Franklin Mortgage Loan Trust 2003-

Purchase Details

Closed on
Mar 27, 2003
Sold by
Little George M and Little Mabel P
Bought by
Webb Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.75%

Purchase Details

Closed on
Nov 4, 1997
Sold by
Little Mabel Pleasure and Little George
Bought by
Little George M and Little Mabel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
7.27%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Finnie Mabel Virginia and Little Mabel Pleasure
Bought by
Little George and Little Mabel Pleasure

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
7.27%
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
Vb Two Llc -- None Available
Vb One Llc $60,000 Saddle Creek Title Llc
Lipe James E $41,500 Edco Title & Closing Service
Wells Fargo Bank Minnesota Na $70,108 None Available
Webb Doris $77,000 --
Little George M -- First Title Corporation
Little George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipe James E $54,000
Previous Owner Webb Doris $61,600
Previous Owner Little George M $76,789
Previous Owner Little George M $57,200
Closed Little George M $14,300
Closed Webb Doris $15,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $60,000 -20.0% $43 / Sq Ft
06/26/2019 06/26/19 Price Changed $75,000 -2.0% $54 / Sq Ft
05/06/2019 05/06/19 For Sale $76,500 -- $55 / 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 $714 $28,900 $3,375 $25,525
2024 $714 $21,050 $2,750 $18,300
2023 $1,282 $21,050 $2,750 $18,300
2022 $1,282 $21,050 $2,750 $18,300
2021 $726 $21,050 $2,750 $18,300
2020 $1,152 $15,900 $2,750 $13,150
2019 $508 $15,900 $2,750 $13,150
2018 $508 $15,900 $2,750 $13,150
2017 $520 $15,900 $2,750 $13,150
2016 $669 $15,300 $0 $0
2014 $669 $15,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052078

Memphis Area Association of REALTORS®

APN: 06-0207-0-0040