NOT LISTED FOR SALE

4146 Crain Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $145,000 - $175,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $169,900 $121 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $893/month

100 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Brick Veneer
  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System

About This Home

As of August 2024

Recently updated home with tenant in place on a 2-year lease. Tenant paying $1,295 in year 1 and $1,345 in year two. Lease just signed! Our repairs & updates make this a great investment property to maximize cash flow. Professionally managed and if buyer uses current management, then will warrant work within four walls for a year. Can be bought individually or part of a package of fully renovated homes. Call listing agent for details. Do not disturb tenants.

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 03/13/2024

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 03/13/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,384 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Raleigh Terrace 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085002 00057

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1384
  • Year Built: 1964
  • 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
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

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: 55
  • Acreage: 0.2
  • Lot Size: 70X125
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 085002 00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Sep 25, 2024
Sold by
Derobertis Joe
Bought by
4146 Crain Llc
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$172,900
Sold Price
$169,900
Premium/Discount to List
-$3,000
-1.74%
Views
120
Current Estimated Value
$157,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,321
Avg. Annual Appreciation
-4.68%
Original Mortgage
$123,675
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2024
Closed on
Aug 21, 2024
Sold by
Memphis Turnkey Properties Gp
Bought by
Derobertis Joseph
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$172,900
Sold Price
$169,900
Premium/Discount to List
-$3,000
-1.74%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,675
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2024
Sold by
Lat One Llc
Bought by
Memphis Turnkey Properties Gp

Purchase Details

Closed on
Jan 20, 2022
Sold by
Teachworth and Ann
Bought by
Lat One Llc

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 22, 2021
Sold by
Sakhare Dipti and Kapileshwar Tushar
Bought by
Teachworth Lynn and Teachworth Ann
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$115,000
Sold Price
$110,500
Premium/Discount to List
-$4,500
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Jun 15, 2018
Sold by
Memphis Turnkey Properties Gp
Bought by
Kapileshwar Tushar and Sakhare Dipti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2018
Closed on
Mar 23, 2018
Sold by
Mse Sub I Llc
Bought by
Memphis Turnkey Properties Llc
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%

Purchase Details

Closed on
Jan 4, 2017
Sold by
U S Bank Na
Bought by
Mse Sub I Llc

Purchase Details

Closed on
Dec 29, 2014
Sold by
Hs Property Owner Llc
Bought by
Us Bank Trust Na

Purchase Details

Listed on
Jan 15, 2014
Closed on
May 23, 2014
Sold by
Griffin Gregory
Bought by
Hs Property Owner Llc
Seller's Agent
Terry Dye
eXp Realty, LLC
Buyer's Agent
Sonja Hester
Progressive Realty Services
List Price
$60,000
Sold Price
$42,000
Premium/Discount to List
-$18,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Listed on
Jan 15, 2014
Closed on
Apr 7, 2014
Sold by
Hood Reneice M
Bought by
Griffin Gregory
Seller's Agent
Terry Dye
eXp Realty, LLC
Buyer's Agent
Sonja Hester
Progressive Realty Services
List Price
$60,000
Sold Price
$42,000
Premium/Discount to List
-$18,000
-30%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Anderson Frankey
Bought by
Hood Reneice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2007
Sold by
Jp Morgan Chase Bank
Bought by
Anderson Frankey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,867
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2006
Sold by
Mabon Jackie and Wyatt Jackie
Bought by
Jpmorgan Chase Bank and Holders Of Structured Asset Securities C

Purchase Details

Closed on
Jul 6, 1998
Sold by
Mckinney Michael D and Mckinney Denise B
Bought by
Wyatt Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
4146 Crain Llc -- Home Surety Title & Escrow
Derobertis Joseph $164,900 Home Surety Title & Escrow
Memphis Turnkey Properties Gp $125,000 Delta Title Services
Lat One Llc -- None Listed On Document
Teachworth Lynn $110,400 Home Surety T&E Llc
Kapileshwar Tushar $86,000 Saddle Creek Title Llc
Memphis Turnkey Properties Llc $60,000 Clse Track Closing & Title S
Mse Sub I Llc $18,476 None Available
Us Bank Trust Na $89,900 None Available
Hs Property Owner Llc $58,500 Preferred Title & Escrow Llc
Griffin Gregory $42,000 Preferred Title & Escrow Llc
Hood Reneice M $90,000 Assured Escrow & Title
Anderson Frankey $45,000 Resource Title Agency Of Tn
Jpmorgan Chase Bank $64,037 None Available
Wyatt Jackie $64,000 --
Wyatt Jackie $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derobertis Joseph $123,675
Previous Owner Kapileshwar Tushar $68,000
Previous Owner Hood Reneice M $90,000
Previous Owner Anderson Frankey $59,867
Previous Owner Wyatt Jackie $52,000
Closed Wyatt Jackie $9,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $169,900 0.0% $142 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $169,900 -0.6% $142 / Sq Ft
03/19/2024 03/19/24 Price Changed $170,900 -1.2% $142 / Sq Ft
03/13/2024 03/13/24 For Sale $172,900 +56.5% $144 / Sq Ft
10/22/2021 10/22/21 Sold $110,500 -3.9% $92 / Sq Ft View Prior Sale
09/20/2021 09/20/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $115,000 +91.7% $96 / Sq Ft
03/24/2018 03/24/18 Sold $60,000 -7.6% $43 / Sq Ft View Prior Sale
03/10/2018 03/10/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $64,900 +54.5% $47 / Sq Ft
04/07/2014 04/07/14 Sold $42,000 -30.0% $35 / Sq Ft View Prior Sale
01/28/2014 01/28/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $60,000 -- $50 / 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 $763 $42,225 $3,350 $38,875
2024 -- $22,500 $2,425 $20,075
2023 $1,371 $22,500 $2,425 $20,075
2022 $1,371 $22,500 $2,425 $20,075
2021 $776 $22,500 $2,425 $20,075
2019 $463 $14,500 $2,425 $12,075
2018 $463 $14,500 $2,425 $12,075
2017 $474 $14,500 $2,425 $12,075
2016 $587 $13,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2024

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    26 in this area

    325 Total Sales

    Andrew Akins
    Section Image

  • F

    Seller's Agent in 2018

    Frank Malvezzi

    CB Properties of Memphis, LLC

    Section Image
  • Terry Dye

    Seller's Agent in 2014

    Terry Dye

    eXp Realty, LLC

    (901) 502-7534

    8 Total Sales

    Terry Dye
    Section Image

  • S

    Buyer's Agent in 2014

    Sonja Hester

    Progressive Realty Services

    (901) 301-7291

    1 in this area

    14 Total Sales

    Sonja Hester
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167782

Memphis Area Association of REALTORS®

APN: 08-5002-0-0057

Tennessee Shelby County Memphis 38128 Raleigh

4146 Crain Rd, Memphis, TN

Not Listed for Sale

Detached

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