NOT LISTED FOR SALE

1391 Stage Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $58,000 - $86,000

2 Beds
1 Bath
861 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $85,000 $99 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $437/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property has 3 Levels
  • No HOA

About This Home

As of April 2024

Great cash flowing turn key property with excellent tenant in place. $950 a month with room to increase rent if needed too. Property was recently renovated & updated in 2022 with 2 year old roofing. Sits on a nice corner lot.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $586

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 119x160

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 861 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Alta Vista 2Nd Addn Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 070025 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$586

Year Built

Built in 1955

Lot Details

0.31 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1955
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 861
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size: 119X160
  • Lot Size Units: Acres
  • Parcel #: 070025 00013
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 586
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 5, 2024
Sold by
Torres Jairo
Bought by
Velazquez Deleon Areli
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$77,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,055
Avg. Annual Appreciation
-4.30%
Original Mortgage
$25,000
Outstanding Balance
$11,047
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$66,898

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 1, 2022
Sold by
Callisto Investment Properties Llc
Bought by
Torres Jairo
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Kendrick Garcia
Fast Track Realty, LLC
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.12%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Memphis Investment Houses Llc
Bought by
Callisto Investment Properties Llc

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 31, 2017
Sold by
Choate Michael J and Choate Deborah K
Bought by
Memphis Investment Houses Llc
Seller's Agent
Deborah Meyer
Crye-Leike, Inc., REALTORS
Buyer's Agent
Deborah Meyer
Crye-Leike, Inc., REALTORS
List Price
$20,000
Sold Price
$27,416
Premium/Discount to List
$7,416
37.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$20,832
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Velazquez Deleon Areli $85,000 Edco Title & Closing Services
Torres Jairo $30,000 New Title Company Name
Callisto Investment Properties Llc $30,000 Saddle Creek Title Llc
Memphis Investment Houses Llc $22,833 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Deleon Areli $25,000
Previous Owner Memphis Investment Houses Llc $20,832
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $85,000 0.0% $99 / Sq Ft
04/05/2024 04/05/24 Sold $85,000 0.0% $99 / Sq Ft
04/05/2024 04/05/24 Sold $85,000 0.0% $850 / Sq Ft View Prior Sale
02/29/2024 02/29/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $85,000 +183.3% $850 / Sq Ft
06/02/2022 06/02/22 Sold $30,000 0.0% $35 / Sq Ft View Prior Sale
05/09/2022 05/09/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $30,000 +9.4% $35 / Sq Ft
03/31/2017 03/31/17 Sold $27,416 +37.1% $274 / Sq Ft View Prior Sale
03/03/2017 03/03/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $20,000 -- $200 / Sq Ft
Source: Realtracs

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 $326 $19,325 $1,800 $17,525
2024 $326 $9,625 $1,575 $8,050
2023 $586 $9,625 $1,575 $8,050
2022 $586 $9,625 $1,575 $8,050
2021 $332 $9,625 $1,575 $8,050
2020 $464 $6,400 $1,575 $4,825
2019 $205 $6,400 $1,575 $4,825
2018 $205 $6,400 $1,575 $4,825
2017 $209 $6,400 $1,575 $4,825
2016 $285 $6,525 $0 $0
2014 $285 $6,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendrick Garcia

    Seller's Agent in 2024

    Kendrick Garcia

    Fast Track Realty, LLC

    (901) 282-2492

    6 in this area

    68 Total Sales

    Kendrick Garcia
    Section Image
  • Randall Weatherall

    Seller's Agent in 2022

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    25 in this area

    198 Total Sales

    Randall Weatherall
    Section Image

  • D

    Seller's Agent in 2017

    Deborah Meyer

    Crye-Leike

    Section Image
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Map

Source: Realtracs

MLS Number: 3055380

Realtracs

APN: 07-0025-0-0013

Tennessee Shelby County Memphis 38127 Frayser

1391 Stage Ave, Memphis, TN

Not Listed for Sale

Detached

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Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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