NOT LISTED FOR SALE

3969 Hermitage Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $155,049 - $195,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $92,900 $66 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,019/month

64 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Dining Room
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of March 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 12/11/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 12/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,307 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078078 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 71.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1307
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 76
  • Acreage: 0.33
  • Lot Size: 0.33 ACRES
  • Price Per Acre: 281515

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 078078 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2014
Closed on
Mar 5, 2015
Sold by
Memphis Invest Gp
Bought by
Gold Spike Capital Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$92,900
Sold Price
$92,900
Current Estimated Value
$173,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,112
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Merritt Roger L
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
4.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 25, 1996
Sold by
Porter Clarence L
Bought by
Merritt Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
8.28%

Purchase Details

Closed on
Feb 23, 1996
Sold by
Stocker John C
Bought by
Porter Clarence L
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
Gold Spike Capital Llc $92,900 None Available
Memphis Invest Gp $48,000 Chicago Title Insurance Co
Merritt Roger L $48,000 Security Title Company Inc
Porter Clarence L $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Merritt Roger L $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $92,900 0.0% $77 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $92,900 -- $77 / 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 $936 $37,175 $5,525 $31,650
2024 $936 $27,600 $4,250 $23,350
2023 $1,681 $27,600 $4,250 $23,350
2022 $1,681 $27,600 $4,250 $23,350
2021 $1,701 $27,600 $4,250 $23,350
2020 $1,616 $22,300 $4,250 $18,050
2019 $1,616 $22,300 $4,250 $18,050
2018 $1,616 $22,300 $4,250 $18,050
2017 $917 $22,300 $4,250 $18,050
2016 $749 $17,150 $0 $0
2014 $749 $17,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9941683

Memphis Area Association of REALTORS®

APN: 07-8078-0-0013

Tennessee Shelby County Memphis 38116 Whitehaven

3969 Hermitage Dr, Memphis, TN

This home is located at 3969 Hermitage Dr, Memphis, TN 38116 since 11 December 2014 and is currently estimated at $173,012, approximately $123 per square foot. This property was built in 1955. 3969 Hermitage Dr is a home located in Shelby County with nearby schools including Westhaven Elementary School, A. Maceo Walker Middle School, and Freedom Preparatory Academy Elementary School.

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