NOT LISTED FOR SALE

3969 Otter Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $257,664 - $343,000

4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 29, 2012

Last sale price $143,000 $48 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,719/month

Highlights

  • Lake On Lot
  • Updated Kitchen
  • 0.65 Acre Lot
  • Sitting Area In Primary Bedroom
  • Waterfront
  • Community Lake

About This Home

As of September 2012

ON LAKE, ONE LAKE. Excellent Home from Circular Drive to Dock. All Rooms Lg. 4 Bedrooms/3.1 Baths. Hardwood every main area. Unique Sunroom for easy Living. Formal Dining Rm ++ Eat-In-Kit + Breakfast Bar. Dbl Door Entrance. Great Shape-Move In

Last Agent to Sell the Property

Lorraine Williams

Crye-Leike, Inc., REALTORS License #219374 Listed on: 07/16/2012

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Billye Bryan

Crye-Leike, Inc., REALTORS License #50540

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1971

Lot Details

  • 0.65 Acre Lot
  • Waterfront
  • Wood Fence
  • Landscaped
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 3,000 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Casement Windows
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Home Security

  • Home Security System
  • Termite Clearance
  • Iron Doors

Parking

  • 5 Car Detached Garage
  • Carport
  • Circular Driveway

Outdoor Features

  • Water Access
  • Lake On Lot
  • Deck
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater

Community Details

  • Jemison & Otte's Lakemont Gardens Blk A Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 086015 00043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1971

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: SPRINGFIELD
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3000
  • Termite Contract: Yes
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Hardwood Floor
  • Bedroom 3 Description: Level 1, Walk-In Closet, Hardwood Floor
  • Bedroom 4 Description: Level 1, Walk-In Closet, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Sprayed Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room
  • Primary Bathroom Description: Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Tile Floor, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Deck
  • Exterior Windows: Brick Veneer, Wood/Composition, Casement Window(s), Steel Insulated Door(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 5
  • Parking Display: C5D
  • Parking Storage: Circular Drive, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central
  • Water Sewer: Electric Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 100
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Frontage, Water Access, Landscaped, Wood Fenced
  • Lot Number: 96
  • Acreage: 0.65
  • Lot Size: 101.5/104.57 X 280.25/261.9

Tax Info

  • Assessor Parcel Number: 086015 00043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2016
Sold by
Alston Warner L
Bought by
Alston Warner L and Alston Linda Kaye
Current Estimated Value
$301,166

Purchase Details

Listed on
Jul 16, 2012
Closed on
Sep 28, 2012
Sold by
Wai Maria
Bought by
Alston Warner L
Seller's Agent
Lorraine Williams
Crye-Leike, Inc., REALTORS
Buyer's Agent
Billye Bryan
Crye-Leike, Inc., REALTORS
List Price
$179,900
Sold Price
$143,000
Premium/Discount to List
-$36,900
-20.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Peter Wai and Peter Maria
Bought by
Wai Maria
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
Alston Warner L -- None Available
Alston Warner L $143,000 Old Colonial Title & Closing
Wai Maria -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2012 09/29/12 Sold $143,000 -20.5% $51 / Sq Ft
09/23/2012 09/23/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $179,900 -- $64 / 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 $1,580 $63,500 $6,625 $56,875
2024 $1,580 $46,600 $6,200 $40,400
2023 $2,839 $46,600 $6,200 $40,400
2022 $2,839 $46,600 $6,200 $40,400
2021 $2,872 $46,600 $6,200 $40,400
2020 $2,243 $30,950 $6,200 $24,750
2019 $2,243 $30,950 $6,200 $24,750
2018 $2,243 $30,950 $6,200 $24,750
2017 $1,272 $30,950 $6,200 $24,750
2016 $1,428 $32,675 $0 $0
2014 $1,428 $32,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lorraine Williams

    Crye-Leike

    Section Image

  • B

    Buyer's Agent in 2012

    Billye Bryan

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3251941

Memphis Area Association of REALTORS®

APN: 08-6015-0-0043

Tennessee Shelby County Memphis 38128 Raleigh

3969 Otter Dr, Memphis, TN

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