NOT LISTED FOR SALE

3990 Martindale Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $130,581 - $138,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $129,000 $81 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $781/month

30 Days on Market

About This Home

As of May 2023

Investment opportunity! Excellent home for first-time homebuyers or investors. Located in the heart of Memphis. This property is 3br/2baths. Vacant and easy to show.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 03/29/2023

Last Buyer's Agent

Rita Hallum

Crye-Leike, Inc., REALTORS License #270644

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 80x134

Parking

  • 1 Parking Space

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,424 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Hines Re Of Hines Lots 1 To 37 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084022 00019

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.26 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HINES
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1424
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 59
  • Acreage: 0.26
  • Lot Size: 80X134

Tax Info

  • Assessor Parcel Number: 084022 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 5, 2023
Sold by
Iruvanti Swathi and Iruvanti Shiva
Bought by
Wesmund Kevin T
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Rita Hallum
Crye-Leike, Inc., REALTORS
List Price
$129,000
Sold Price
$129,000
Views
48
Current Estimated Value
$135,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,395
Avg. Annual Appreciation
1.69%
Original Mortgage
$125,130
Outstanding Balance
$121,306
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$14,089

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 5, 2021
Sold by
Martindale Properties Llc
Bought by
Iruvanti Swathi and Chandrasheker Shiva
List Price
$110,000
Sold Price
$111,000
Premium/Discount to List
$1,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$82,050
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2017
Sold by
Ullrich Jennifer
Bought by
Martindale Properties Llc

Purchase Details

Closed on
Nov 20, 2016
Sold by
Gp Buy Memphis Now
Bought by
Ullrich Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,320
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2016
Sold by
Pjhilomens Properties Llc
Bought by
Gp Buy Memphis Now

Purchase Details

Closed on
Sep 2, 2016
Sold by
Us Bank Na
Bought by
Philomena Properties Llc

Purchase Details

Closed on
Aug 26, 2014
Sold by
Secretary Of Hud
Bought by
U S Bank Na

Purchase Details

Closed on
Jan 14, 2014
Sold by
Grimes Kevin S and Traylor Kimberly D
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Sep 16, 1998
Sold by
Archer Elizabeth A
Bought by
Grimes Kevin S and Traylor Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,955
Interest Rate
6.95%
Mortgage Type
FHA
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
Wesmund Kevin T $129,000 Local Title
Iruvanti Swathi $109,400 Saddle Creek Title Llc
Martindale Properties Llc -- Saddle Creek Title Llc
Ullrich Jennifer $77,900 Saddle Creek Title Llc
Gp Buy Memphis Now $43,000 Saddle Creek Title Llc
Philomena Properties Llc $41,000 None Available
U S Bank Na -- None Available
The Secretary Of Hud $50,700 None Available
Grimes Kevin S $61,750 --
Grimes Kevin S $61,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesmund Kevin T $125,130
Previous Owner Iruvanti Swathi $82,050
Previous Owner Ullrich Jennifer $62,320
Previous Owner Grimes Kevin S $64,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $129,000 0.0% $92 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $129,000 +16.2% $92 / Sq Ft
07/19/2021 07/19/21 Sold $111,000 +0.9% $78 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $110,000 -- $77 / 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 $822 $30,650 $2,500 $28,150
2024 $822 $24,250 $2,000 $22,250
2023 $1,477 $24,250 $2,000 $22,250
2022 $1,477 $24,250 $2,000 $22,250
2021 $837 $24,250 $2,000 $22,250
2019 $594 $18,575 $2,000 $16,575
2018 $594 $18,575 $2,000 $16,575
2017 $608 $18,575 $2,000 $16,575
2016 $572 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    113 in this area

    1,391 Total Sales

    Dean Harris
    Section Image
  • Rita Hallum

    Buyer's Agent in 2023

    Rita Hallum

    Crye-Leike

    (901) 277-6356

    2 in this area

    105 Total Sales

    Rita Hallum
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144769

Memphis Area Association of REALTORS®

APN: 08-4022-0-0019

Tennessee Shelby County Memphis 38128 Raleigh

3990 Martindale Ave, Memphis, TN

Not Listed for Sale

Detached

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