NOT LISTED FOR SALE

1603 Delano Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $95,000 - $145,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$53/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $20,000 $9 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $744/month

105 Days on Market

Highlights

  • 0.51 Acre Lot
  • Eat-In Kitchen
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Outdoor Storage

About This Home

As of October 2016

Great investment opportunity for an investor! Large house over 2,000 square feet in Frayser has 4 large Bedrooms and 2 Bathrooms. Features nice stone built exterior, near elementary school and convenient to stores and expressway, storage shed/garage in back. Excellent for large families. Needs some repair and TLC. Handyman Special. Sold As Is. Rents out about $700-$750/mo. Come see this house today!

Last Agent to Sell the Property

Rebecca Lin

Pinnacle Realty License #332231 Listed on: 07/13/2016

Co-Listed By

Jeanette Lin

Pinnacle Realty License #318772

Last Buyer's Agent

Kenneth Turner

KAIZEN Realty, LLC License #332936

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 22,216 Sq Ft Lot
  • Lot Dimensions are 100 x 222.5
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,056 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Tile Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Halls Shelby Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070030 00014

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0.51 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHELBY GARDENS
  • List Price Per Sq Ft: 10
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2056
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Stone
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 30
  • Acreage: 0.51
  • Lot Size: 100 X 222.5

Tax Info

  • Assessor Parcel Number: 070030 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Memphis Investment Properties Iv Llc
Bought by
Esplin John Wayne and Esplin Sandra Dee
Current Estimated Value
$117,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 9, 2023
Sold by
Cvp Tn Investments Gp
Bought by
Memphis Investment Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2020
Sold by
Campbell Ashley and White Terry
Bought by
Coe Eric H

Purchase Details

Closed on
Oct 14, 2019
Sold by
Smith Kenneth
Bought by
Campbell Ashley and White Terry

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 21, 2016
Sold by
Jrc Investments Llc
Bought by
Smith Kenneth
Seller's Agent
Rebecca Lin
Pinnacle Realty
Buyer's Agent
Kenneth Turner
KAIZEN Realty, LLC
List Price
$28,250
Sold Price
$20,000
Premium/Discount to List
-$8,250
-29.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%

Purchase Details

Closed on
Jun 3, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Jrc Investments Llc

Purchase Details

Closed on
Dec 18, 2015
Sold by
Walker Malcolm Lee and Walker Chartotte H
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 16, 1995
Bought by
Walker Malcolm L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Esplin John Wayne $1,144,100 Delta Title Services
Memphis Investment Properties Iv Llc $500,000 Delta Title Services
Cvp Tn Investments -- None Listed On Document
Coe Eric H $42,018 None Available
Campbell Ashley $52,000 None Available
Smith Kenneth $20,000 Fidelity National Title
Jrc Investments Llc $16,170 None Available
Nationstar Mortgage Llc $17,020 Attorney
Walker Malcolm L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Memphis Investment Properties Iv Llc $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $20,000 -29.2% $10 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $28,250 -- $14 / 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 -- $32,550 $2,100 $30,450
2024 -- $21,825 $1,850 $19,975
2023 $1,330 $21,825 $1,850 $19,975
2022 $1,330 $21,825 $1,850 $19,975
2021 $753 $21,825 $1,850 $19,975
2019 $443 $13,875 $1,850 $12,025
2018 $443 $13,875 $1,850 $12,025
2017 $454 $13,875 $1,850 $12,025
2016 $601 $13,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Lin

    Seller's Agent in 2016

    Rebecca Lin

    Pinnacle Realty

    (901) 335-4242

    27 Total Sales

    Rebecca Lin
    Section Image
  • Jeanette Lin

    Seller Co-Listing Agent in 2016

    Jeanette Lin

    Pinnacle Realty

    (901) 335-7447

    2 in this area

    227 Total Sales

    Jeanette Lin
    Section Image

  • K

    Buyer's Agent in 2016

    Kenneth Turner

    KAIZEN Realty, LLC

    (901) 690-3899

    6 Total Sales

    Kenneth Turner
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9981658

Memphis Area Association of REALTORS®

APN: 07-0030-0-0014

Tennessee Shelby County Memphis 38127 Frayser

1603 Delano Ave, Memphis, TN

Not Listed for Sale

Detached

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