NOT LISTED FOR SALE

3928 Springfield Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $293,000 - $298,877

4 Beds
2 Baths
3,200-3,399 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $215,000 $63 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,789/month

27 Days on Market

Highlights

  • Docks
  • Waterfront
  • Deck
  • Lake On Lot
  • Community Lake
  • Contemporary Architecture

About This Home

As of March 2023

Lake front property under $200K?! Your kidding?!! Nope! Come see this spacious contemporary dwelling nestled in a quiet, mature, well maintained neighborhood. Does it need some work? Sure, but where are you going to find a unique, serene property like this these days for a price that is not like "these days". Must see to appreciate! 4th Bedroom could also be used as a den or rec room!

Last Listed By

Dave Tatum

eXp Realty, LLC License #293036 Listed on: 01/20/2023

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 56x178
  • Waterfront
  • Wood Fence
  • Wooded Lot
  • Few Trees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,274 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Water Access
  • Docks
  • Cove
  • Lake On Lot
  • Deck
  • Outdoor Grill
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems

Community Details

  • Voluntary home owners association
  • Jemison & Ottes Lakemont Gardens Blk A Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 086040 00049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,676

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 732D
  • MAAR Subdivision Name: LAKEMONT GARDENS BLK A
  • List Price Per Sq Ft: 61
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3274
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Part Carpet, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Double Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, LR/DR Combination, Breakfast Bar
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: B-B-Q Pit, Porch, Deck, Wooded Grounds, Boat Dock
  • Exterior Windows: Wood/Composition, Stone, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Dual System

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Frontage, Water View, Water Access, Cove, Wood Fenced
  • Lot Number: 36
  • Acreage: 0.22
  • Lot Size: 56X178
  • Price Per Acre: 906818

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 086040 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 6, 2023
Sold by
Steve Yee Revocable Trust
Bought by
Jewel Enterprise Real Estate Investments Llc
Seller's Agent
Dave Tatum
eXp Realty, LLC
Buyer's Agent
Desiree Anderson
Adaro Realty, Inc.
List Price
$199,500
Sold Price
$215,000
Premium/Discount to List
$15,500
7.77%
Total Days on Market
27
Views
109
Current Estimated Value
$295,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,469
Avg. Annual Appreciation
16.18%
Original Mortgage
$227,050
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 2021
Sold by
Yee Steve J
Bought by
Yee Steve and Yee Kevin

Purchase Details

Closed on
Nov 5, 1998
Sold by
Vaughn Barbara H
Bought by
Yee Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 18, 1998
Sold by
Vaughn Jerry B
Bought by
Vaughn Barbara H

Range of Values:

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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
Jewel Enterprise Real Estate Investments Llc $215,000 Edco Title & Closing Services
Yee Steve -- None Available
Steve Yee Revocable Trust -- Swilley David L
Yee Steve J $150,000 --
Vaughn Barbara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jewel Enterprise Real Estate Investments Llc $227,050
Previous Owner Yee Steve J $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $215,000 +7.8% $67 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $199,500 0.0% $62 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $199,500 -- $62 / 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
2024 $1,676 $49,450 $6,200 $43,250
2023 $3,012 $49,450 $6,200 $43,250
2022 $3,012 $49,450 $6,200 $43,250
2021 $3,048 $49,450 $6,200 $43,250
2020 $2,299 $31,725 $6,200 $25,525
2019 $1,014 $31,725 $6,200 $25,525
2018 $1,014 $31,725 $6,200 $25,525
2017 $1,038 $31,725 $6,200 $25,525
2016 $1,481 $33,900 $0 $0
2014 $1,481 $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Tatum

    Seller's Agent in 2023

    Dave Tatum

    eXp Realty, LLC

    (901) 229-1495

    2 in this area

    29 Total Sales

    Dave Tatum
    Section Image
  • Desiree Anderson

    Buyer's Agent in 2023

    Desiree Anderson

    Adaro Realty, Inc.

    (901) 831-1729

    1 in this area

    30 Total Sales

    Desiree Anderson
    Section Image
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Map

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Source: Memphis Area Association of REALTORS®

MLS Number: 10140743

Memphis Area Association of REALTORS®

APN: 08-6040-0-0049

Tennessee Shelby County Memphis 38128 Raleigh

3928 Springfield Dr, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 3928 Springfield Dr, Memphis, TN 38128 since 20 January 2023 and is currently estimated at $295,469, approximately $86 per square foot. This property was built in 1970. 3928 Springfield Dr is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Coleman School, and Granville T. Woods Academy of Innovation Charter School.

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