NOT LISTED FOR SALE

1952 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $76,000 - $106,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$58/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $44,500 $28 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $556/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • 4-minute walk to Georgian Hills Park

About This Home

As of May 2020

This larger than life brick house could be a real beauty with some repairs needed. Would be great for a first time home buyer (FHA 203K) or just right for the investor looking to add to their portfolio.

Last Agent to Sell the Property

Rae Ann Stimpson

The Carter Group LLC, REALTORS License #274350 Listed on: 03/13/2020

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $553

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 165
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,400 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Laundry closet

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Georgian Hills Blk H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071026 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$553

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Overton Crossing
  • MLS Map #: 725C
  • MAAR Subdivision Name: GEORGIAN HILLS BLK H
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Misc Interior: Excl Some Window Treatmnt
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Porch, Storage
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 22
  • Acreage: 0.28
  • Lot Size: 75 X 165
  • Price Per Acre: 171429

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 071026 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2020
Sold by
Tolson Capital Llc
Bought by
Tolson Troy and Tolson Heather
Current Estimated Value
$93,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Outstanding Balance
$53,030
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$39,795

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 7, 2020
Sold by
Blaze Llc
Bought by
Tolson Capital Llc
Seller's Agent
Rae Ann Stimpson
The Carter Group LLC, REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$48,000
Sold Price
$44,500
Premium/Discount to List
-$3,500
-7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Dec 3, 2019
Sold by
Nash Michael and Nash Robin
Bought by
Blaze Llc

Purchase Details

Closed on
Jan 31, 2011
Sold by
Nash Michael W
Bought by
Nash Michael W and Nash Leshelle Lynn

Purchase Details

Closed on
Aug 5, 2010
Sold by
Ground Breaking Enterprises Llc
Bought by
Nash Michael W

Purchase Details

Closed on
Oct 1, 2009
Sold by
Ground Breaking Enterprises Llc
Bought by
Ground Breaking Enterprises Llc

Purchase Details

Closed on
Aug 31, 2008
Sold by
Nash Michael W
Bought by
Ground Breaking Enterprises Llc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Nash Robin Y
Bought by
Nash Michael Wayne and Nash Robin Y

Purchase Details

Closed on
Dec 10, 1996
Sold by
Jackson Hazel J
Bought by
Nash Robin Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500
Interest Rate
10%
Source: Public Records

Range of Values:

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Average Value
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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
Tolson Troy -- Realty Title
Tolson Capital Llc $44,500 Reality Title
Blaze Llc $42,300 None Available
Nash Michael W -- None Available
Nash Michael W -- None Available
Ground Breaking Enterprises Llc -- None Available
Ground Breaking Enterprises Llc $59,411 None Available
Nash Michael Wayne -- Accurate Title & Escrow Inc
Nash Robin Y $59,679 Mid America Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolson Troy $59,250
Previous Owner Nash Michael $59,800
Previous Owner Nash Robin Y $3,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $44,500 -7.3% $32 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $48,000 0.0% $34 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $48,000 +7.9% $34 / Sq Ft
04/06/2020 04/06/20 Off Market $44,500 -- --
03/27/2020 03/27/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $48,000 -- $34 / 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 $23,550 $2,425 $21,125
2024 $553 $16,325 $2,175 $14,150
2023 $994 $16,325 $2,175 $14,150
2022 $994 $16,325 $2,175 $14,150
2021 $1,182 $16,325 $2,175 $14,150
2020 $408 $12,775 $2,175 $10,600
2019 $408 $12,775 $2,175 $10,600
2018 $408 $12,775 $2,175 $10,600
2017 $418 $12,775 $2,175 $10,600
2016 $540 $12,350 $0 $0
2014 $540 $12,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rae Ann Stimpson

    The Carter Group LLC, REALTORS

    (901) 826-7158

    1 in this area

    99 Total Sales

    Rae Ann Stimpson
    Section Image
  • Tyler Tapley

    Buyer's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    164 in this area

    1,221 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073347

Memphis Area Association of REALTORS®

APN: 07-1026-0-0016

Tennessee Shelby County Memphis 38127 Frayser

1952 Wellons Ave, Memphis, TN

This home is located at 1952 Wellons Ave, Memphis, TN 38127 since 13 March 2020 and is currently estimated at $93,520, approximately $58 per square foot. This property was built in 1958. 1952 Wellons Ave is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Junior High School, and Cornerstone Prep Denver Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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