NOT LISTED FOR SALE

1140 Rand Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $113,000 - $145,680

3 Beds
2 Baths
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $124,500 $89 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $758/month

56 Days on Market

Highlights

  • Separate Formal Living Room
  • Eat-In Kitchen
  • Tile Flooring
  • Den with Fireplace
  • Laundry Room
  • Outdoor Storage

About This Home

As of February 2023

You'll love this quiet tucked away community! Welcome home to this move-in ready 3BR /2 Full Baths Home w/plenty of space! New flooring in the LR, hall and Bedrooms! The spacious Den has wood beams in the ceiling & a wood-burning fireplace. The Eat-in kitchen has plenty of storage & includes appliances! The home backs up to a park with a walking trail. FHA/Conventional/VA or Cash welcomed! May help w/ closing costs w/ right offer! Call me with any questions or to view!

Last Agent to Sell the Property

John Cornes

Braden, Braden & Braden LLC License #303183 Listed on: 12/28/2022

Last Buyer's Agent

Ana Ortiz Perales

REMAX Experts License #344091

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $705

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x135
  • Chain Link Fence
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Frayser Vista 3Rd Addn Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070024 00118

Home Details

Home Type

Single Family

Est. Annual Taxes

$705

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Stage
  • MLS Map #: 726D
  • MAAR Subdivision Name: FRAYSER VISTA 3RD ADD BLK B
  • List Price Per Sq Ft: 89
  • Number Of Stories: 1
  • Price Per Sq Ft: 91.54
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1360
  • 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
  • Bedroom 2 Description: Smooth Ceiling, Carpet
  • Bedroom 3 Description: Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence, Storage
  • Exterior Windows: Aluminum/Steel Siding, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 47
  • Acreage: 0.21
  • Lot Size: 70X135
  • Price Per Acre: 578571

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070024 00118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Feb 24, 2023
Sold by
Potts Kayla
Bought by
Hayes Tia
Seller's Agent
John Cornes
Braden, Braden & Braden LLC
Buyer's Agent
Ana Ortiz Perales
REMAX Experts
List Price
$121,500
Sold Price
$124,500
Premium/Discount to List
$3,000
2.47%
Views
34
Current Estimated Value
$133,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,670
Avg. Annual Appreciation
2.55%
Original Mortgage
$126,678
Outstanding Balance
$122,715
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$10,455

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 7, 2021
Sold by
Ross Harold Wayne and Ross Lisa K
Bought by
Potts Lee
Seller's Agent
Nancy Carroll
Crye-Leike, Inc., REALTORS
Buyer's Agent
John Cornes
Braden, Braden & Braden LLC
List Price
$84,500
Sold Price
$94,500
Premium/Discount to List
$10,000
11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$90,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hayes Tia $124,500 Preferred Title & Escrow
Potts Lee $94,500 Preferred Title & Escrow Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Tia $126,678
Previous Owner Potts Lee $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $124,500 +2.5% $104 / Sq Ft
12/28/2022 12/28/22 For Sale $121,500 +28.6% $101 / Sq Ft
05/07/2021 05/07/21 Sold $94,500 +11.8% $79 / Sq Ft View Prior Sale
03/30/2021 03/30/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $84,500 -- $70 / 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 $705 $37,200 $2,175 $35,025
2024 $705 $20,800 $1,950 $18,850
2023 $1,267 $20,800 $1,950 $18,850
2022 $1,267 $20,800 $1,950 $18,850
2021 $402 $14,825 $1,950 $12,875
2020 $909 $12,550 $1,950 $10,600
2019 $401 $12,550 $1,950 $10,600
2018 $401 $12,550 $1,950 $10,600
2017 $411 $12,550 $1,950 $10,600
2016 $544 $12,450 $0 $0
2014 $544 $12,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Cornes

    Seller's Agent in 2023

    John Cornes

    Braden, Braden & Braden LLC

    (901) 268-8333

    6 in this area

    76 Total Sales

    John Cornes
    Section Image
  • Ana Ortiz Perales

    Buyer's Agent in 2023

    Ana Ortiz Perales

    RE/MAX

    (901) 267-6213

    4 in this area

    33 Total Sales

    Ana Ortiz Perales
    Section Image

  • N

    Seller's Agent in 2021

    Nancy Carroll

    Crye-Leike

    (901) 482-6762

    1 in this area

    73 Total Sales

    Nancy Carroll
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139565

Memphis Area Association of REALTORS®

APN: 07-0024-0-0118

Tennessee Shelby County Memphis 38127 Frayser

1140 Rand Ave, Memphis, TN

This home is located at 1140 Rand Ave, Memphis, TN 38127 since 28 December 2022 and is currently estimated at $133,170, approximately $95 per square foot. This property was built in 1964. 1140 Rand Ave is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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