NOT LISTED FOR SALE

1970 Lauretta Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $82,000 - $119,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $69,900 $39 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $600/month

32 Days on Market

Highlights

  • Contemporary Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of April 2023

Great investment opportunity in the heart of Frayser! Perfect for fix and flip or rental. Vacant. No blind offers OR contingencies!! Please view. Seller will NOT connect utilities for inspections. May consider FHA 203K loan. Send POF w/offers! Bring all offers!

Last Agent to Sell the Property

Ellecia Hayes

Keller Williams License #345833 Listed on: 03/23/2023

Keller Williams

Last Buyer's Agent

Ellecia Hayes

Keller Williams License #345833 Listed on: 03/23/2023

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 40x172
  • Few Trees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,605 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Northwood Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071023 00025

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: NORTHWOOD VILLAGE
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1605
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 16
  • Acreage: 0.24
  • Lot Size: 40X172
  • Price Per Acre: 312500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 071023 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
1970 Lauretta Llc
Bought by
901 Ghm Ventures Llc
Current Estimated Value
$105,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,063,000
Outstanding Balance
$1,037,897
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$931,964

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 28, 2023
Sold by
City Flip Realty Group Llc
Bought by
1970 Lauretta Llc
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Ellecia Hayes
Keller Williams
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$72,958
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2023
Closed on
Mar 23, 2023
Sold by
Adams Aaron A and Adams Cecilia D
Bought by
City Flip Realty Group Llc
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Ellecia Hayes
Keller Williams
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,958
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2008
Sold by
Adams Aaron A
Bought by
Adams Aaron A and Adams Cecilia D

Purchase Details

Closed on
Jul 8, 2008
Sold by
Christiana Bank & Trust Co
Bought by
Adams Aaron A

Purchase Details

Closed on
May 20, 2008
Sold by
Calicutt Marques
Bought by
Christiana Bank & Trust Co and Security National Funding Trust

Purchase Details

Closed on
Jun 10, 2005
Sold by
Kesler Stanley Augustus
Bought by
Calicutt Marques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac
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
901 Ghm Ventures Llc -- None Listed On Document
1970 Lauretta Llc $69,900 None Listed On Document
City Flip Realty Group Llc $57,500 None Listed On Document
Adams Aaron A -- Baymark Title & Escrow Servi
Adams Aaron A $21,000 None Available
Christiana Bank & Trust Co $28,000 None Available
Calicutt Marques $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 901 Ghm Ventures Llc $1,063,000
Previous Owner 1970 Lauretta Llc $72,958
Previous Owner City Flip Realty Group Llc $68,280
Previous Owner Calicutt Marques $65,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $69,900 -6.8% $44 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $75,000 -6.1% $47 / Sq Ft
03/23/2023 03/23/23 For Sale $79,900 -- $50 / 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 -- $26,575 $2,750 $23,825
2024 $536 $15,825 $2,250 $13,575
2023 $964 $15,825 $2,250 $13,575
2022 $964 $15,825 $2,250 $13,575
2021 $975 $15,825 $2,250 $13,575
2020 $995 $13,725 $2,250 $11,475
2019 $995 $13,725 $2,250 $11,475
2018 $995 $13,725 $2,250 $11,475
2017 $564 $13,725 $2,250 $11,475
2016 $594 $13,600 $0 $0
2014 $594 $13,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Ellecia Hayes

    Keller Williams

    (901) 736-9245

    5 in this area

    43 Total Sales

    Ellecia Hayes
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144488

Memphis Area Association of REALTORS®

APN: 07-1023-0-0025

Tennessee Shelby County Memphis 38127 Frayser

1970 Lauretta Ave, Memphis, TN

This home is located at 1970 Lauretta Ave, Memphis, TN 38127 since 23 March 2023 and is currently estimated at $105,933, approximately $58 per square foot. This property was built in 1956. 1970 Lauretta Ave is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Middle School, and Libertas School of Memphis.

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