NOT LISTED FOR SALE

1509 Oberle Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $65,204 - $131,000

3 Beds
1 Bath
100-999 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2013

Last sale price $10,500 $11 Per Sq Ft

Est. 724% increase in value since last sale

Current estimated payment $489 / mo

100 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Brick Veneer
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of May 2013

REO, corporate owned. NOT A SHORT SALE. Sold as is, where is. Buyer to assume all liens and encumbrances, including but not limited to real estate taxes and HOA fees. Buyer to Pay $1445 fee at closing.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #321436 Listed on: 02/12/2013

Last Buyer's Agent

Denise Richardson

Crye-Leike, Inc., REALTORS License #208750

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 54 x 116.9
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Separate Formal Living Room
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Frayser Acres Re Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 070033 00002

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: N Watkins
  • MAAR Subdivision Name: FRAYSER ACRES
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 888
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Dishwasher, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 26
  • Acreage: 0.14
  • Lot Size: 54 X 116.9

Tax Info

  • Assessor Parcel Number: 070033 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 29, 2013
Sold by
Visio Loan Resolution Lp
Bought by
Winston Evonne M
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Denise Richardson
Crye-Leike, Inc., REALTORS
List Price
$17,600
Sold Price
$10,500
Premium/Discount to List
-$7,100
-40.34%
Current Estimated Value
$86,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,051
Avg. Annual Appreciation
17.81%

Purchase Details

Closed on
Jan 11, 2013
Sold by
Boyd Carolyn
Bought by
Visio Loan Resolution Lp

Purchase Details

Closed on
Jun 1, 2006
Sold by
Johnson Mattie D
Bought by
Boyd Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 1996
Sold by
Ray Lee Investment Company Inc
Bought by
Johnson Mattie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,378
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1996
Sold by
Laycook James E and Laycook Phyllis Lynn
Bought by
Ray Lee Investment Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winston Evonne M $10,500 None Available
Visio Loan Resolution Lp $21,699 None Available
Boyd Carolyn $75,000 Chicago Title Insurance Co
Johnson Mattie D $38,500 --
Johnson Mattie D $38,500 --
Ray Lee Investment Company Inc $23,000 Stewart Title Company
Ray Lee Investment Company Inc $23,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Carolyn $58,500
Previous Owner Johnson Mattie D $39,378
Previous Owner Ray Lee Investment Company Inc $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2013 05/30/13 Sold $10,500 -40.3% $105 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $17,600 -- $176 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $328 $12,750 $1,550 $11,200
2024 $328 $9,675 $1,350 $8,325
2023 $589 $9,675 $1,350 $8,325
2022 $589 $9,675 $1,350 $8,325
2021 $596 $9,675 $1,350 $8,325
2020 $482 $6,650 $1,350 $5,300
2019 $482 $6,650 $1,350 $5,300
2018 $482 $6,650 $1,350 $5,300
2017 $273 $6,650 $1,350 $5,300
2016 $294 $6,725 $0 $0
2014 $294 $6,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ryan Gehris

    USRealty.com, LLP

    Section Image
  • Denise Richardson

    Buyer's Agent in 2013

    Denise Richardson

    Crye-Leike

    (901) 604-8371

    4 in this area

    13 Total Sales

    Denise Richardson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3264986

Memphis Area Association of REALTORS®

APN: 07-0033-0-0002

Tennessee Shelby County Memphis 38127 Frayser

1509 Oberle Rd, Memphis, TN

Not Listed for Sale

Detached

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