$95,000
SOLD FEB 14, 2025

4635 Buffer Dr Memphis, TN 38128

Raleigh Neighborhood
3 Beds
2 Baths
1,400-1,599 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

17% Below List Price

6 Days on Market

About This Home

As of February 2025

Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $1,095/month. The lease ends on 07/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 01/14/2025

Last Buyer's Agent

Lawson Roberts

KAIZEN Realty, LLC License #358842

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x149

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,448 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Raleigh Downs Cluster Housing Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088008 A00035

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RALEIGH DOWNS CLUSTER HOUSING PH1
  • 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

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1

Lot Info

  • Lot Number: 35
  • Acreage: 0.17
  • Lot Size: 50X149
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 088008 A00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 14, 2025
Sold by
Merton Gabriel
Bought by
Esposito Antonio
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Lawson Roberts
KAIZEN Realty, LLC
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Views
8
Current Estimated Value
$105,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,633
Avg. Annual Appreciation
13.13%
Original Mortgage
$70,000
Outstanding Balance
$69,464
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$36,169

Purchase Details

Closed on
Jan 28, 2020
Sold by
Ray Steven P
Bought by
Merton Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.6%

Purchase Details

Listed on
Nov 1, 2019
Closed on
Nov 21, 2019
Sold by
Ray Steven P
Bought by
Merton Gabriel
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$36,500
Sold Price
$30,000
Premium/Discount to List
-$6,500
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%

Purchase Details

Closed on
Apr 17, 2001
Sold by
Binkley Robert T
Bought by
Ray Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.99%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $95,000 River City Title & Escrow
Deed -- --
Warranty Deed $30,000 Close Trak Closing & Ttl Svc
Warranty Deed $44,000 --
Warranty Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $44,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Sold $95,000 -17.4% $68 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $115,000 0.0% $82 / Sq Ft
07/08/2024 07/08/24 Rented $1,095 0.0% --
06/13/2024 06/13/24 For Rent $1,095 0.0% --
11/21/2019 11/21/19 Sold $30,000 -17.8% $21 / Sq Ft View Prior Sale
11/01/2019 11/01/19 For Sale $36,500 -- $26 / 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 $581 $25,300 $2,250 $23,050
2024 $581 $17,125 $2,025 $15,100
2023 $1,043 $17,125 $2,025 $15,100
2022 $1,043 $17,125 $2,025 $15,100
2021 $465 $17,125 $2,025 $15,100
2020 $911 $12,575 $2,025 $10,550
2019 $402 $12,575 $2,025 $10,550
2018 $402 $12,575 $2,025 $10,550
2017 $411 $12,575 $2,025 $10,550
2016 $734 $16,800 $0 $0
2014 $734 $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2025

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    113 in this area

    1,413 Total Sales

    Dean Harris
    Section Image

  • L

    Buyer's Agent in 2025

    Lawson Roberts

    KAIZEN Realty, LLC

    (614) 302-8248

    20 in this area

    183 Total Sales

    Lawson Roberts
    Section Image

  • D

    Seller's Agent in 2024

    Debbie Tolbert

    Crestcore Realty, LLC

    (901) 647-9199

    Debbie Tolbert
    Section Image

  • N

    Seller's Agent in 2019

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10188035

Memphis Area Association of REALTORS®

APN: 08-8008-A0-0035

Tennessee Shelby County Memphis 38128 Raleigh

4635 Buffer Dr, Memphis, TN

Sold

Detached

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