NOT LISTED FOR SALE

1606 Oberle Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $65,000 - $82,000

3 Beds
1 Bath
975 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 10, 2016

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

Est. 698% increase in value since last sale

Current estimated payment $408/month

About This Home

Impressive collection of properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachment.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
James Robert J
Bought by
Equity Investment Living Trust
Current Estimated Value
$71,824

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Sep 19, 2002
Sold by
Southmark Capital Inc
Bought by
Boone Jeffrey M and Boone Richard B

Purchase Details

Closed on
Sep 21, 1999
Sold by
Brookfield Properties Inc
Bought by
Southmark Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
8.22%

Purchase Details

Closed on
Dec 12, 1998
Sold by
Banks Geneva S and Kemp Peggy M
Bought by
Brookfield Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,808
Interest Rate
6.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Equity Investment Living Trust -- --
Wim Real Estate Investments I Llc $487,306 None Available
Boone Jeffrey M -- --
Southmark Capital Inc $31,885 --
Southmark Capital Inc $31,885 --
Brookfield Properties Inc $28,000 --
Brookfield Properties Inc $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southmark Capital Inc $31,000
Previous Owner Brookfield Properties Inc $28,808
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2016 06/10/16 Sold $9,000 -33.3% $9 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $13,500 -- $14 / Sq Ft

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 $365 $15,075 $1,975 $13,100
2024 $365 $10,775 $1,750 $9,025
2023 $656 $10,775 $1,750 $9,025
2022 $656 $10,775 $1,750 $9,025
2021 $780 $10,775 $1,750 $9,025
2019 $241 $7,525 $1,750 $5,775
2018 $240 $7,525 $1,750 $5,775
2017 $246 $7,525 $1,750 $5,775
2016 $334 $7,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Malvezzi

    CB Properties of Memphis, LLC

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Map

Tennessee Shelby County Memphis 38127 Frayser

1606 Oberle Rd, Memphis, TN

Not Listed for Sale

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