1988 Sipes Ave Memphis, TN 38127
Frayser NeighborhoodEstimated Value: $71,000 - $100,519
3
Beds
2
Baths
1,000-1,199
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Partially Carpeted
- 1-Story Property
- Central Heating and Cooling System
- Level Lot
About This Home
As of March 2022Terrific chance to grow your rental portfolio. This 2002 brick home is professionally managed and cash flowing, rented at $850/mo. Financed offers will be considered. Wonderful area with little traffic. Do not approach or disturb the tenants. No showings without an accepted offer. No assignment or wholesale. Interior video available upon request. Nice tenant who wants to stay.
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #296080 Listed on: 12/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $490
Year Built
- Built in 2002
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,053 Sq Ft Home
- 1-Story Property
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- South Rugby Rev Blk J Subdivision
Listing and Financial Details
- Assessor Parcel Number 072044 00020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2025
Sold by
Smith Dispoto Properties Llc
Bought by
Mid South Homebuyers Llc
Total Days on Market
36
Current Estimated Value
Purchase Details
Listed on
Jun 5, 2018
Closed on
Jan 15, 2019
Sold by
Wilkes Carl Gary
Bought by
Dawson Dustin K and Dawson Chelsey K
Seller's Agent
Francis Hughes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rhiannon Padgett
Keller Williams
List Price
$45,110
Sold Price
$34,250
Premium/Discount to List
-$10,860
-24.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mid South Homebuyers Llc | $70,000 | None Listed On Document | |
| Dawson Dustin K | $34,250 | Baymark Title And Escrow |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2022 03/08/22 | Sold | $75,000 | 0.0% | $75 / Sq Ft |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 01/26/2022 01/26/22 | For Sale | $75,000 | 0.0% | $75 / Sq Ft |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- |
| 12/29/2021 12/29/21 | For Sale | $75,000 | +119.0% | $75 / Sq Ft |
| 01/15/2019 01/15/19 | Sold | $34,250 | 0.0% | $34 / Sq Ft |
| 10/19/2018 10/19/18 | Price Changed | $34,250 | -16.7% | $34 / Sq Ft |
| 09/11/2018 09/11/18 | Price Changed | $41,100 | +0.2% | $41 / Sq Ft |
| 07/11/2018 07/11/18 | Price Changed | $41,000 | -9.1% | $41 / Sq Ft |
| 06/05/2018 06/05/18 | For Sale | $45,110 | -- | $45 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $490 | $26,825 | $1,450 | $25,375 |
| 2024 | $490 | $14,450 | $1,200 | $13,250 |
| 2023 | $880 | $14,450 | $1,200 | $13,250 |
| 2022 | $880 | $14,450 | $1,200 | $13,250 |
| 2021 | $1,046 | $14,450 | $1,200 | $13,250 |
| 2020 | $687 | $9,475 | $1,200 | $8,275 |
| 2019 | $303 | $9,475 | $1,200 | $8,275 |
| 2018 | $303 | $9,475 | $1,200 | $8,275 |
| 2017 | $310 | $9,475 | $1,200 | $8,275 |
| 2016 | $422 | $9,650 | $0 | $0 |
| 2014 | $422 | $9,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Tapley
Seller's Agent in 2022
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
178 in this area
1,264 Total Sales
-
F
Seller's Agent in 2019
Francis Hughes
Crye-Leike
(901) 359-3093
-
Seller Co-Listing Agent in 2019
Joann Hughes
Crye-Leike
(901) 359-3095
-
Buyer's Agent in 2019
Rhiannon Padgett
Keller Williams
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10114865
APN: 07-2044-0-0020
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.
Nearby Homes
- 1999 Sipes Ave
- 1935 Dupont Ave
- 2679 Woodlawn Terrace
- 1862 Dupont Ave
- 2775 Windsor Pkwy
- 1797 Dupont Ave
- 2762 Overton Crossing St
- 2687 Overton Crossing St
- 2831 Overton Crossing St
- 2046 Portland Ave
- 1883 Cedarhurst Ave
- 1940 Pinedale Ave
- 1925 Clifton Ave
- 1930 Clifton Ave
- 2034 Whitney Ave
- 1640 Portland Ave
- 1880 Whitney Ave
- 3055 Saint Croix Place Unit 74
- 2331 Whitney Ave
- 3072 Saint Croix Place Unit 91
- 1988 Sipes Ave
- 2577 Beaverbrook St
- 2577 Beaverbrook Rd
- 1984 Sipes Ave
- 1989 Dupont Ave
- 1983 Dupont Ave
- 1993 Dupont Ave
- 1989 Sipes Ave
- 1972 Sipes Ave
- 1993 Sipes Ave
- 1983 Sipes Ave
- 1977 Sipes Ave
- 1979 Dupont Ave
- 1973 Dupont Ave
- 2005 Dupont Ave
- 1969 Dupont Ave
- 2008 Sipes Ave
- 1973 Sipes Ave
- 2009 Dupont Ave
- 1962 Sipes Ave