NOT LISTED FOR SALE

1997 Corning Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $84,000 - $108,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $77,000 $64 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $526/month

30 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Brick Veneer
  • Wood Flooring
  • Porch
  • Central Heating and Cooling System

About This Home

As of May 2022

3 Bedroom and 1 Bath home for sale in Frayser! Perfect for an investor. Long term tenant paying $650 a month. Current lease ends April 2022. Please do not disturb tenants. Call listing agent for details!

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 03/23/2022

Last Buyer's Agent

Lawson Roberts

Renshaw Company, REALTORS License #358842

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 65x185
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,302 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Cooper & Vaughan Frayser Hts 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072005 00005

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0.27 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FRAYSER HEIGHTS
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1302
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.27
  • Lot Size: 65X185

Tax Info

  • Assessor Parcel Number: 072005 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 4, 2022
Sold by
Marvin Rios
Bought by
Vb One Llc
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Lawson Roberts
Renshaw Company, REALTORS
List Price
$88,500
Sold Price
$77,000
Premium/Discount to List
-$11,500
-12.99%
Current Estimated Value
$92,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,734
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Dooley Philip
Bought by
Rios Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2007
Sold by
Novastar Mortgage Inc
Bought by
Dooley Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
White Arthur R
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Jun 24, 2004
Sold by
Abair Cynthia E
Bought by
White Arthur R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vb One Llc $77,000 Home Surety Title & Escrow
Rios Marvin $70,000 None Available
Dooley Phillip $33,900 None Available
Novastar Mortgage Inc $57,196 None Available
White Arthur R $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Marvin $63,000
Previous Owner Dooley Phillip $56,000
Previous Owner White Arthur R $62,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $77,000 -13.0% $77 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $88,500 -- $89 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $467 $20,325 $2,150 $18,175
2024 $467 $13,775 $2,025 $11,750
2023 $839 $13,775 $2,025 $11,750
2022 $839 $13,775 $2,025 $11,750
2021 $475 $13,775 $2,025 $11,750
2019 $411 $12,875 $2,025 $10,850
2018 $411 $12,875 $2,025 $10,850
2017 $421 $12,875 $2,025 $10,850
2016 $530 $12,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2022

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    14 in this area

    325 Total Sales

    Andrew Akins
    Section Image

  • L

    Buyer's Agent in 2022

    Lawson Roberts

    Renshaw Company, REALTORS

    (901) 258-1803

    31 in this area

    184 Total Sales

    Lawson Roberts
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120129

Memphis Area Association of REALTORS®

APN: 07-2005-0-0005

Tennessee Shelby County Memphis 38127 Frayser

1997 Corning Ave, Memphis, TN

Not Listed for Sale

Detached

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