NOT LISTED FOR SALE

1913 Driftwood Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $85,000 - $122,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $50,000 $31 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $562/month

Highlights

  • Traditional Architecture
  • Patio
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2018

Large all brick home with 4 bedrooms/2 full bath, completely renovated home sits on a quiet street. Great investor opportunity..(POF to be submitted with offer/ EM $500) .. Home is currently occupied with long term tenant, who will remain in the property, rents for $775 per month. Drive by (do not disturb the tenant) or 24 HOUR NOTICE REQUIRED ON ALL SHOWINGS. More photos to follow

Last Agent to Sell the Property

Kenneth Turner

KAIZEN Realty, LLC License #332936 Listed on: 05/18/2018

KAIZEN Realty, LLC

Last Buyer's Agent

Tara Woodley

Zach Taylor Real Estate License #321165

Zach Taylor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $553

Year Built

  • Built in 1954

Lot Details

  • 0.32 Acre Lot
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 1-Story Property
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • East Alta Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072022 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$553

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ALTA VISTA (EAST)
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 12
  • Acreage: 0.32

Tax Info

  • Assessor Parcel Number: 072022 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Nov 8, 2018
Sold by
Person James and Scott Rosemary
Bought by
Knight Louis Earl and Knight Kari Virginia
Seller's Agent
Kenneth Turner
KAIZEN Realty, LLC
Buyer's Agent
Tara Woodley
Zach Taylor Real Estate
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$98,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,582
Avg. Annual Appreciation
10.23%
Original Mortgage
$40,000
Outstanding Balance
$35,100
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$63,482

Purchase Details

Closed on
Jul 9, 2015
Sold by
Jordan Winford L and Jordan Larry H
Bought by
Person James E and Scott Rosemary

Purchase Details

Closed on
Nov 16, 1998
Sold by
Jordan Winford L and Jordan Mary I
Bought by
Jordan Winford L and Jordan Larry H
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
Knight Louis Earl $50,000 Edco Title & Closing Svcs In
Person James E $25,000 Attorney
Jordan Winford L -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Louis Earl $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $50,000 0.0% $36 / Sq Ft
10/18/2018 10/18/18 Price Changed $50,000 -2.0% $36 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $51,000 -1.9% $36 / Sq Ft
09/17/2018 09/17/18 Price Changed $52,000 -3.7% $37 / Sq Ft
07/17/2018 07/17/18 Price Changed $54,000 -1.8% $39 / Sq Ft
05/18/2018 05/18/18 For Sale $55,000 -- $39 / 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 $553 $22,725 $2,000 $20,725
2024 $553 $16,325 $1,550 $14,775
2023 $994 $16,325 $1,550 $14,775
2022 $994 $16,325 $1,550 $14,775
2021 $1,006 $16,325 $1,550 $14,775
2020 $922 $12,725 $1,550 $11,175
2019 $407 $12,725 $1,550 $11,175
2018 $407 $12,725 $1,550 $11,175
2017 $416 $12,725 $1,550 $11,175
2016 $540 $12,350 $0 $0
2014 $540 $12,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kenneth Turner

    KAIZEN Realty, LLC

    (901) 690-3899

    7 Total Sales

    Kenneth Turner
    Section Image
  • Tara Woodley

    Buyer's Agent in 2018

    Tara Woodley

    Zach Taylor Real Estate

    (901) 603-3419

    17 in this area

    92 Total Sales

    Tara Woodley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027742

Memphis Area Association of REALTORS®

APN: 07-2022-0-0012

Tennessee Shelby County Memphis 38127 Frayser

1913 Driftwood Ave, Memphis, TN

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