NOT LISTED FOR SALE

3962 Carter Ave Memphis, TN 38122

High Point Terrace Neighborhood

Estimated Value: $127,000 - $146,000

4 Beds
2 Baths
1,428 Sq Ft
$94/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2024

Last sale price $138,500 $97 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $779 / mo

5 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of October 2024

Investors! Perfect opportunity to update a 4 bedroom and 2 full bath home in East Memphis and add it to your portfolio! New HVAC system installed 10 months ago. This property is being sold "AS IS".

Last Agent to Sell the Property

Alison Restivo

The Restivo Group, REALTORS License #274936 Listed on: 09/09/2024

Last Buyer's Agent

Ana Ortiz Perales

REMAX Experts License #344091

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Chain Link Fence

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,428 Sq Ft Home
  • 1.5-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Graham Gardens Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044136 00009

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRAHAM GARDENS BLK C
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1428
  • Year Built: 1950
  • 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: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 173
  • Acreage: 0.16
  • Lot Size: 60X120
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 044136 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 18, 2024
Sold by
Mcgillivray Ventures Llc-Memphis2 Series
Bought by
Re-Yes Llc
Seller's Agent
Alison Restivo
The Restivo Group, REALTORS
Buyer's Agent
Ana Ortiz Perales
REMAX Experts
List Price
$132,500
Sold Price
$138,500
Premium/Discount to List
$6,000
4.53%
Views
11
Current Estimated Value
$134,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,834
Avg. Annual Appreciation
-1.78%
Original Mortgage
$110,800
Outstanding Balance
$109,376
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$25,290

Purchase Details

Closed on
Feb 12, 2015
Sold by
Mcgillivrary Ventures Llc
Bought by
Mcgillivray Ventures Llc

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 6, 2014
Sold by
Harris Linda B
Bought by
Mcgillivray Ventures Llc
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Harris John M
Bought by
Harris Linda B

Purchase Details

Closed on
Mar 15, 1999
Sold by
Sparks Jarold B and Sparks Robin D
Bought by
Harris John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,607
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Re-Yes Llc $138,500 Quality Title Group
Mcgillivray Ventures Llc -- Fntg
Mcgillivray Ventures Llc $60,000 Multiple
Harris Linda B -- --
Harris John M $64,850 --
Harris John M $64,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re-Yes Llc $110,800
Previous Owner Harris John M $61,607
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $138,500 +4.5% $97 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $132,500 +120.8% $93 / Sq Ft
06/06/2014 06/06/14 Sold $60,000 -7.7% $42 / Sq Ft View Prior Sale
05/23/2014 05/23/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $65,000 -- $46 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $29,700 $3,900 $25,800
2024 $723 $21,325 $2,175 $19,150
2023 $1,299 $21,325 $2,175 $19,150
2022 $1,299 $21,325 $2,175 $19,150
2021 $1,314 $21,325 $2,175 $19,150
2020 $1,127 $15,550 $1,975 $13,575
2019 $1,127 $15,550 $1,975 $13,575
2018 $1,127 $15,550 $1,975 $13,575
2017 $639 $15,550 $1,975 $13,575
2016 $662 $15,150 $0 $0
2014 $662 $15,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    1 in this area

    28 Total Sales

    Alison Restivo
    Section Image
  • Ana Ortiz Perales

    Buyer's Agent in 2024

    Ana Ortiz Perales

    RE/MAX

    (901) 267-6213

    1 in this area

    31 Total Sales

    Ana Ortiz Perales
    Section Image
  • Danny Lipsey

    Seller's Agent in 2014

    Danny Lipsey

    Keller Williams

    (901) 261-7918

    1 in this area

    66 Total Sales

    Danny Lipsey
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jo Shaner

    Keller Williams

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10180900

Memphis Area Association of REALTORS®

APN: 04-4136-0-0009

Tennessee Shelby County Memphis 38122 High Point Terrace

3962 Carter Ave, Memphis, TN

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