NOT LISTED FOR SALE

1871 Cedarhurst Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $67,000 - $120,650

3 Beds
1 Bath
1,000-1,199 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $65,000 $54 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $576/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Tile Flooring
  • 1-Story Property

About This Home

As of December 2023

Great Investment Property! Renovated 3bdr/1bath with extra room that could be an office located on a corner lot. Home has new roof, painted exterior, interior, new kitchen cabinets, and new laminate floors. This is an AS-IS CASH sale. No wholesalers or blind offers.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 10/10/2023

Crye-Leike, Inc., REALTORS

Co-Listed By

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193

Last Buyer's Agent

Meatha Haynes Tapley

Crye-Leike, Inc., REALTORS License #312020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1926

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55x168
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,100 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Rugby 3Rd Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070094 00001C

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727C
  • MAAR Subdivision Name: RUGBY 3RD ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 59.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1100
  • Year Built: 1926
  • List Price/ Sq Ft: 68
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 511
  • Acreage: 0.21
  • Lot Size: 55X168
  • Price Per Acre: 356190

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 070094 00001C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 8, 2023
Sold by
Pegasus R/E Services Llc
Bought by
4 Starr Management Group Inc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
List Price
$81,000
Sold Price
$65,000
Premium/Discount to List
-$16,000
-19.75%
Views
60
Current Estimated Value
$96,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,413
Avg. Annual Appreciation
17.68%
Original Mortgage
$101,250
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 24, 2023
Sold by
Martin Keith
Bought by
Pegasus R/E Services Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
List Price
$81,000
Sold Price
$65,000
Premium/Discount to List
-$16,000
-19.75%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2021
Sold by
Copacaban Realty Llc
Bought by
Martin Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2020
Sold by
Paraclete Properties Gp
Bought by
Copacabana Realty Llc

Purchase Details

Closed on
Jan 25, 2019
Sold by
Booth Roy F
Bought by
Paraclete Properties Gp

Purchase Details

Closed on
Feb 7, 2003
Sold by
Booth Roy Farrell
Bought by
Booth Roy Farrell
Source: Public Records

Range of Values:

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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
4 Starr Management Group Inc $120,900 Saddle Creek Title
Pegasus R/E Services Llc $65,500 Saddle Creek Title
Martin Keith $75,000 None Available
Copacabana Realty Llc $5,000 None Available
Paraclete Properties Gp $5,000 None Available
Booth Roy Farrell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4 Starr Management Group Inc $90,000
Closed 4 Starr Management Group Inc $101,250
Previous Owner Martin Keith $53,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $65,000 -13.1% $65 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $74,800 -0.1% $75 / Sq Ft
10/30/2023 10/30/23 Price Changed $74,900 -6.3% $75 / Sq Ft
10/21/2023 10/21/23 Price Changed $79,900 -1.2% $80 / Sq Ft
10/16/2023 10/16/23 Price Changed $80,900 -0.1% $81 / Sq Ft
10/10/2023 10/10/23 For Sale $81,000 -- $81 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $605 $30,050 $1,550 $28,500
2024 $605 $17,850 $1,275 $16,575
2023 $1,087 $17,850 $1,275 $16,575
2022 $1,087 $17,850 $1,275 $16,575
2021 $719 $9,925 $1,275 $8,650
2020 $471 $6,500 $1,275 $5,225
2019 $208 $6,500 $1,275 $5,225
2018 $208 $6,500 $1,275 $5,225
2017 $213 $6,500 $1,275 $5,225
2016 $284 $6,500 $0 $0
2014 $284 $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10158472

Memphis Area Association of REALTORS®

APN: 07-0094-0-0001C