NOT LISTED FOR SALE

1625 Saint Elmo Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $217,000 - $321,056

5 Beds
2 Baths
3,096 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2023

Last sale price $312,000 $101 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,620 / mo

About This Home

This property has a large family home and is very private sitting behind a private gate and up a lovely drive on almost 28 acres! This home boasts 5 bedrooms 2 baths and is all on one level! Home has hardwood floors throughout and has an eat in kitchen. Home also has new roof, new screened in porch, detached garage and room to breathe! Located in the lovely Georgian Hills area, this home won't last long!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Oct 31, 2023
Sold by
Dewitt Hayes King Revocable Living Trust
Bought by
Townsel James and Townsel Charnaba D
Seller's Agent
Kaye Thompson
BEST Real Estate Company
List Price
$300,000
Sold Price
$312,000
Premium/Discount to List
$12,000
4%
Current Estimated Value
$280,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,486
Avg. Annual Appreciation
-4.12%
Original Mortgage
$312,000
Outstanding Balance
$305,247
Interest Rate
7.31%
Mortgage Type
VA
Estimated Equity
-$24,733

Purchase Details

Closed on
Nov 3, 2020
Sold by
King And King Enterprise Llc
Bought by
King Dewitt Hayes and Dewitt Hayes King Revocable Li

Purchase Details

Closed on
Jun 8, 2015
Sold by
Woodard Elizabeth Ann Wofford and Woodard David
Bought by
Whitsett John W and Whitsett Kathey A

Purchase Details

Listed on
Aug 8, 2014
Closed on
Jan 28, 2015
Sold by
Baker Robert L and Baker Mary R
Bought by
King And King Enterprises Llc
Seller's Agent
Ray Archer
Real Estate Mart of TN, Inc.
Buyer's Agent
Ray Archer
Real Estate Mart of TN, Inc.
List Price
$285,000
Sold Price
$201,000
Premium/Discount to List
-$84,000
-29.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Townsel James $312,000 Foundation Title & Escrow
King Dewitt Hayes -- Realty Title
Whitsett John W $20,000 None Available
King And King Enterprises Llc $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsel James $312,000
Previous Owner King And King Enterprises Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2026 01/26/26 For Sale $300,000 0.0% $97 / Sq Ft
01/26/2026 01/26/26 For Sale $300,000 -3.8% $97 / Sq Ft
10/31/2023 10/31/23 Sold $312,000 +51.5% $101 / Sq Ft View Prior Sale
10/31/2023 10/31/23 Pending -- -- --
08/30/2023 08/30/23 Sold $206,000 +2.5% $67 / Sq Ft View Prior Sale
08/30/2023 08/30/23 Pending -- -- --
01/28/2015 01/28/15 Sold $201,000 -29.5% $67 / Sq Ft View Prior Sale
12/31/2014 12/31/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $285,000 -- $95 / 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 $1,470 $80,025 $39,350 $40,675
2024 -- $65,475 $34,500 $30,975
2023 $2,642 $65,475 $34,500 $30,975
2022 $2,642 $65,475 $34,500 $30,975
2021 $2,673 $65,475 $34,500 $30,975
2020 $2,665 $51,525 $27,225 $24,300
2019 $1,175 $51,525 $27,225 $24,300
2018 $1,175 $51,525 $27,225 $24,300
2017 $1,203 $51,525 $27,225 $24,300
2016 $1,562 $50,575 $0 $0
2014 $1,562 $50,575 $0 $0
Source: Public Records

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