NOT LISTED FOR SALE

1892 Cedarhurst Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $86,070 - $115,000

3 Beds
2 Baths
1,978 Sq Ft
$51/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2022

Last sale price $50,600 $26 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $600 / mo

Highlights

  • 0.55 Acre Lot
  • 1 Fireplace
  • Porch
  • Traditional Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2022

Investment opportunity. Large home with 3 bedrooms, 2 bathrooms, 2 workshops that are wired for electricity, detached garage, all on 0.55 acres. Could be a great primary residence or fix and flip. Two homes on the same street were recently remodeled & one just sold! This could be a great BRRRR option. Home needs repairs & is being sold as-is. Home has a stone fireplace & a nice floor plan...cash offers only.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1948

Lot Details

  • 23,958 Sq Ft Lot
  • Lot Dimensions are 150x160

Parking

  • 1 Car Garage
  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,978 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rugby 3Rd Subdivision

Listing and Financial Details

  • Tax Lot 568
  • Assessor Parcel Number 070095 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1948

Lot Details

0.55 Acres

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1948
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Pantry
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1978
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached, Parking Pad
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.55
  • Lot Size: 150X160
  • Lot Size Units: Acres
  • Parcel #: 070095 00019
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1036
  • Tax Lot: 568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 11, 2022
Sold by
Homewood Investment Gp
Bought by
Omar Khadar
List Price
$64,900
Sold Price
$50,600
Premium/Discount to List
-$14,300
-22.03%
Current Estimated Value
$100,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,168
Avg. Annual Appreciation
18.34%

Purchase Details

Closed on
Oct 13, 2021
Sold by
Penna Jeffery B and Penna Katherine C
Bought by
Homewood Investment Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 13, 2020
Sold by
Shrader Danny
Bought by
Penna Jeffery B and Penna Katherine C
Seller's Agent
Rachel Gilliam
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rachel Gilliam
Crye-Leike, Inc., REALTORS
List Price
$36,500
Sold Price
$28,000
Premium/Discount to List
-$8,500
-23.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.45%

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 9, 2020
Sold by
Dodson Betty June
Bought by
Shrader Danny
Seller's Agent
Rachel Gilliam
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rachel Gilliam
Crye-Leike, Inc., REALTORS
List Price
$36,500
Sold Price
$28,000
Premium/Discount to List
-$8,500
-23.29%
Source: Public Records
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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
Omar Khadar $50,600 Apperson Crump Plc
Homewood Investment Gp $13,500 Saddle Creek Title Llc
Penna Jeffery B $28,000 Close Trak Closing & Ttl Svc
Shrader Danny $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homewood Investment Gp $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $64,900 +28.3% $33 / Sq Ft
03/11/2022 03/11/22 Sold $50,600 0.0% $26 / Sq Ft
03/11/2022 03/11/22 Sold $50,600 -7.2% $28 / Sq Ft View Prior Sale
03/11/2022 03/11/22 Pending -- -- --
02/23/2022 02/23/22 Pending -- -- --
12/20/2021 12/20/21 Price Changed $54,500 -0.5% $30 / Sq Ft
12/10/2021 12/10/21 Price Changed $54,750 -0.3% $30 / Sq Ft
12/07/2021 12/07/21 Price Changed $54,900 -14.6% $31 / Sq Ft
12/06/2021 12/06/21 Price Changed $64,250 -0.4% $36 / Sq Ft
12/01/2021 12/01/21 Price Changed $64,490 -0.4% $36 / Sq Ft
11/30/2021 11/30/21 Price Changed $64,750 -0.2% $36 / Sq Ft
11/24/2021 11/24/21 For Sale $64,900 +131.8% $36 / Sq Ft
03/13/2020 03/13/20 Sold $28,000 -23.3% $16 / Sq Ft View Prior Sale
03/05/2020 03/05/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $36,500 0.0% $20 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $36,500 -7.6% $20 / Sq Ft
01/08/2020 01/08/20 Price Changed $39,500 -9.2% $22 / Sq Ft
12/19/2019 12/19/19 For Sale $43,500 -- $24 / Sq Ft
Source: Realtracs

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 $745 $29,275 $2,050 $27,225
2024 $745 $21,975 $1,675 $20,300
2023 $1,339 $21,975 $1,675 $20,300
2022 $1,339 $21,975 $1,675 $20,300
2021 $596 $21,975 $1,675 $20,300
2020 $1,036 $14,300 $1,675 $12,625
2019 $457 $14,300 $1,675 $12,625
2018 $457 $14,300 $1,675 $12,625
2017 $468 $14,300 $1,675 $12,625
2016 $617 $14,125 $0 $0
2014 $617 $14,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3087120

Realtracs

APN: 07-0095-0-0019

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