NOT LISTED FOR SALE

4603 Buffer Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $129,000 - $158,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $115,000 $72 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $901/month

7 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • 1 Fireplace
  • Brick Veneer

About This Home

As of March 2022

3 Bedroom and 2 bath home for sale in Raleigh. The home has a tenant in place and is ideal for an investor. Home is currently leased at $860 a month and tenant is month to month. Home was renovated in 2019 with new roof, updated bathrooms, new HVAC, new HWT. Please 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: 02/17/2022

Last Buyer's Agent

Lisa Chou

Adaro Realty, Inc. License #329589

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 39x217
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,448 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Raleigh Downs Cluster Housing Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088008 A00027

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH DOWNS CLUSTER HOUSING PH1
  • List Price Per Sq Ft: 83
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1448
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.19
  • Lot Size: 39X217

Tax Info

  • Assessor Parcel Number: 088008 A00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Chen Song
Bought by
S & H 19 Llc
Current Estimated Value
$144,739

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 18, 2022
Sold by
Lagrange and Megan
Bought by
Chen Song
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Lisa Chou
Adaro Realty, Inc.
List Price
$119,500
Sold Price
$115,000
Premium/Discount to List
-$4,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Feb 5, 2019
Sold by
Mid South Homebuyers Gp
Bought by
Lagrange Blake La and Lagrange Megan La

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
Syms Donna
Bought by
Mid South Homebuyers Gp

Purchase Details

Closed on
Nov 24, 2003
Sold by
Betesh Elliott
Bought by
Syms Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,950
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2002
Sold by
M & I Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 12, 2002
Sold by
Bell Robert Bryan and Bell Julia Olivia
Bought by
M & I Mtg Corp
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
S & H 19 Llc -- --
Chen Song $115,000 Saddle Creek Title
Lagrange Blake La $82,000 Saddle Creek Title Llc
Mid South Homebuyers Gp $13,500 Saddle Creek Title Llc
Syms Donna $78,950 --
Hud $60,981 --
M & I Mtg Corp $60,981 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagrange Blake La $65,600
Previous Owner Syms Donna $78,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $115,000 -3.8% $82 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $119,500 -- $85 / 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 -- $36,575 $2,250 $34,325
2024 -- $22,750 $2,025 $20,725
2023 $1,386 $22,750 $2,025 $20,725
2022 $1,386 $22,750 $2,025 $20,725
2021 $1,402 $22,750 $2,025 $20,725
2020 $1,286 $17,750 $2,025 $15,725
2019 $567 $17,750 $2,025 $15,725
2018 $567 $17,750 $2,025 $15,725
2017 $581 $17,750 $2,025 $15,725
2016 $734 $16,800 $0 $0
2014 $734 $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2022

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    28 in this area

    328 Total Sales

    Andrew Akins
    Section Image
  • Lisa Chou

    Buyer's Agent in 2022

    Lisa Chou

    Adaro Realty, Inc.

    (901) 634-6551

    5 in this area

    85 Total Sales

    Lisa Chou
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117718

Memphis Area Association of REALTORS®

APN: 08-8008-A0-0027

Tennessee Shelby County Memphis 38128 Raleigh

4603 Buffer Dr, Memphis, TN

Not Listed for Sale

Detached

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