See Home Value
$190,682*
House - Off Market

3189 VELMAGI

Memphis, TN 38128
bedrooms
3 Beds
bathrooms
2 Baths
$116,000 - $140,000
Reference Base Price*
48.39%
Since May 1, 2019
National-US
Primary Model
Sold Apr 09, 2019
$132,001
$157,712 by Pennymac Loan Services Llc
Mortgage Due May 01, 2053

About This Property

Wonderful 3 Br 2 Ba home with spacious open feeling in Raleigh Bartlett Meadows. Corner lot. New wood fence. Hardwood floors. Kitchen tile. Laundry room. 12 x 14 Attached workshop wired and air conditioned. 5 x 21 Attached storage room. Refrigerator stays. Large concrete and pea gravel patio with 11" high brick border and 5 x 6 Covered Deck with steps leading down from the kitchen. New light fixtures. Ceiling fans. Fresh neutral paint. Brick fireplace. 2 car garage Home warranty. Owner/Agent.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,583
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Apr 15, 2019 No longer available -
No longer available
Apr 9, 2019 Sold to Dianna Bradley Madden $132,001
Sold to Dianna Bradley Madden
Mar 18, 2019 Listed $128,500
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,870
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,054
  • Gross Building Area: 2,054
  • Building Area: 1,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,634
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RALEIGH BARTLETT MEADOWS
  • Land Acres: 0.296
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS VELMAGI ST COR CASANN AVE NW

Ownership

  • Current Owner : MADDEN DIANNA BRADLEY
  • Previous Owner : MALLOY DUSTY LYNN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020541

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 08-7064-0-0022
  • Block: E
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.2127
  • Longitude: -89.9073

    Address

  • Full Address: 3189 Velmagi St
  • Address - House Number: 3189
  • Address - Street Name: Velmagi
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 4852
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,837

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 175,249
  • High Value: 218,840
  • Low Value: 131,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,712
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: May 01, 2023
  • First Open Lien Mortgage Loan Amount: $157,712
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $120,600
  • Market Land Value: $19,200
  • Market Improvement Value: $101,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,150
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $25,350

    Sales

  • Current Sale Contract Date: Apr 08, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Transaction ID: 11596233907
  • Current Sale Price: $132,001
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19034561

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Apr 09, 2019
  • First Mortgage Loan Amount: $127,152
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
64 ft²
$1,986/ft²
$127,116 Oct 22, 2022
-
-
House
3 Beds
1.5 Baths
-
$145,000 Mar 4, 2024
-
$138/mo

About Frayser - Raleigh PD


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Nearby Rentals

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Unit for rent at

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Frequently Asked Questions

When was property at 3189 Velmagi Street built and last sold?
The property at 3189 Velmagi Street was built in 1963 and last sold on Apr 8, 2019 for $132,001.
How much is this home worth?
The estimated value of the home located at 3189 Velmagi Street is $129,785.
What are some comparable homes to 3189 Velmagi Street?
There are currently no comparable homes to 3189 Velmagi Street.

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