NOT LISTED FOR SALE

1965 the Elms Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $79,000 - $130,000

3 Beds
1.5 Baths
2,714 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $43,000 $16 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $690/month

287 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of December 2018

Nice home that has been repaired. Home has upgraded electrical, new paint, new flooring, new appliances, new bathroom fixtures, new water heater, painted cabinets. Huge home that is estimated at over 2000 square feet and it is on a large lot. Please do not disturb the tenant, drive-by only. This home is being offered as an investment property.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 11/11/2017

Crye-Leike, Inc., REALTORS

Co-Listed By

Jeremy Moore

C21 Patterson & Assoc. Real Es License #306382

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 11/11/2017

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,714 Sq Ft Home
  • 1.1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Rugby Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072034 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1959

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 2ND ADD
  • List Price Per Sq Ft: 18
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 15.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2714
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 382
  • Acreage: 0.2
  • Lot Size: 0.20
  • Price Per Acre: 245000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 072034 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Dec 17, 2018
Sold by
Livingston Sustin
Bought by
Vdv Memphis Corp
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$49,000
Sold Price
$43,000
Premium/Discount to List
-$6,000
-12.24%
Total Days on Market
287
Current Estimated Value
$110,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,833
Avg. Annual Appreciation
15.68%

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jun 28, 2017
Sold by
Carson Ben
Bought by
Livingston Dustin
Seller's Agent
Michael Tally
Tally Real Estate Group, LLC
Buyer's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
List Price
$40,500
Sold Price
$23,001
Premium/Discount to List
-$17,499
-43.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.05%

Purchase Details

Closed on
May 13, 2016
Sold by
Bond Michael
Bought by
The Sercertary Of Hud

Purchase Details

Closed on
Feb 26, 2008
Sold by
Mccoy Raymond R
Bought by
Bond Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,887
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2006
Sold by
Ware Lucius and Ware Neshelle
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
May 22, 1996
Sold by
Barnett Ralph and Barnett Lillian
Bought by
Ware Lucious and Ware Neshelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Vdv Memphis Corp $43,000 Memphis Title Co
Livingston Dustin $23,001 Nexus Title & Escrow Llc
The Sercertary Of Hud -- None Available
Bond Michael $72,000 Lenders Title & Escrow Llc
Novastar Mortgage Inc $59,189 None Available
Ware Lucious $48,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bond Michael $70,887
Previous Owner Ware Lucius $56,700
Previous Owner Ware Lucious $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $43,000 -12.2% $16 / Sq Ft
08/27/2018 08/27/18 For Sale $49,000 +25.6% $18 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $39,000 +69.6% $14 / Sq Ft
06/28/2017 06/28/17 Sold $23,001 -43.2% $9 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $40,500 -- $16 / 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 $846 $40,675 $1,550 $39,125
2024 $846 $24,950 $1,275 $23,675
2023 $1,520 $24,950 $1,275 $23,675
2022 $1,520 $24,950 $1,275 $23,675
2021 $861 $24,950 $1,275 $23,675
2020 $949 $13,100 $1,275 $11,825
2019 $419 $13,100 $1,275 $11,825
2018 $419 $13,100 $1,275 $11,825
2017 $429 $13,100 $1,275 $11,825
2016 $589 $13,475 $0 $0
2014 $589 $13,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2018

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    176 in this area

    1,264 Total Sales

    Tyler Tapley
    Section Image
  • Jeremy Moore

    Seller Co-Listing Agent in 2018

    Jeremy Moore

    C21 Patterson & Assoc. Real Es

    (901) 644-9832

    3 in this area

    24 Total Sales

    Jeremy Moore
    Section Image
  • Michael Tally

    Seller's Agent in 2017

    Michael Tally

    Tally Real Estate Group, LLC

    (770) 217-0677

    1 in this area

    35 Total Sales

    Michael Tally
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10015355

Memphis Area Association of REALTORS®

APN: 07-2034-0-0009

Tennessee Shelby County Memphis 38127 Frayser

1965 the Elms Ave, Memphis, TN

This home is located at 1965 the Elms Ave, Memphis, TN 38127 since 11 November 2017 and is currently estimated at $110,833, approximately $40 per square foot. This property was built in 1959. 1965 the Elms Ave is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Cornerstone Prep Denver Campus.

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