NOT LISTED FOR SALE

3971 Tessland Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $155,000 - $175,604

4 Beds
2 Baths
1,857 Sq Ft
$89/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $150,000 $81 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $946/month

About This Home

As of January 2023

Coming Soon! This newly renovated home features four spacious bedrooms and two updated bathroom. You'll enjoy the hardwood flooring throughout as well as its upgraded lighting package, kitchen cabinets with plenty of storage, central heating and air and many more upgraded features!

Last Agent to Rent the Property

James Wachob

Foundation Property Management License #294924 Listed on: 10/18/2022

Foundation Property Management

Last Renter's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 10/18/2022

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1992

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 107x254

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Tessland Revised Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090033 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$831

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 731B
  • MAAR Subdivision Name: TESSLAND
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 2
  • Price Per Sq Ft: 0.7
  • Estimated Sq Ft: 1857
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 18
  • Acreage: 0.62
  • Lot Size: 107X254
  • Price Per Acre: 2097

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 090033 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Nov 9, 2022
Sold by
Williams Realty & Investments 1Lc
Bought by
Morante Renzo
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$165,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,901
Avg. Annual Appreciation
3.49%
Original Mortgage
$112,500
Outstanding Balance
$109,005
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$56,896

Purchase Details

Closed on
Aug 10, 2022
Sold by
Bryan Williams
Bought by
Williams Realty & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2022
Sold by
County Of Shelby
Bought by
Williams Bryan

Purchase Details

Closed on
Sep 13, 2007
Sold by
Fletcher Ronald W
Bought by
Fletcher Etoile

Purchase Details

Closed on
Dec 27, 1996
Sold by
Fletcher Ronald W
Bought by
Fletcher Etoile

Purchase Details

Closed on
Nov 1, 1995
Sold by
Holt Katherine M and Holt Paul E
Bought by
Raleigh Christian Church
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
Morante Renzo $150,000 --
Williams Realty & Investments Llc -- Apperson Crump Plc
Williams Bryan $5,800 None Listed On Document
Fletcher Etoile -- None Available
Fletcher Etoile -- --
Raleigh Christian Church -- Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morante Renzo $112,500
Previous Owner Williams Realty & Investments Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Rented $1,300 0.0% --
11/17/2022 11/17/22 Sold $150,000 0.0% $125 / Sq Ft View Prior Sale
10/18/2022 10/18/22 For Rent $1,300 0.0% --
09/13/2022 09/13/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $150,000 -- $125 / 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 $831 $46,100 $1,525 $44,575
2024 $831 $24,525 $1,450 $23,075
2023 $1,494 $24,525 $1,450 $23,075
2022 $0 $0 $0 $0
2021 $105 $1,450 $1,450 $0
2020 $105 $1,450 $1,450 $0
2019 $46 $1,450 $1,450 $0
2018 $46 $1,450 $1,450 $0
2017 $119 $3,650 $1,450 $2,200
2016 $651 $14,900 $0 $0
2014 $651 $14,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Landlord's Agent in 2023

    James Wachob

    Foundation Property Management

    (901) 633-1484

    26 in this area

    638 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10135949

Memphis Area Association of REALTORS®

APN: 09-0033-0-0004

Tennessee Shelby County Memphis 38128 Raleigh

3971 Tessland Rd, Memphis, TN

This home is located at 3971 Tessland Rd, Memphis, TN 38128 since 18 October 2022 and is currently priced at $165,901. This property was built in 1992. 3971 Tessland Rd is a home located in Shelby County with nearby schools including Egypt Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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