NOT LISTED FOR SALE

2028 Belover Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $88,000 - $113,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $73,000 $52 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $583/month

44 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Tile Flooring
  • Level Lot

About This Home

As of July 2021

Nestled in a remarkably quiet area, this is one stable investment property ready for any investor! Rented for $715 currently, to a long-term tenant - has a newer roof and condenser according to owner! Tenant has been there for nearly 11 years and is taking great care of the property. Great location, attached carport and aluminum windows with brick exterior should check off all the boxes for just about any investor interested in an awesome, long-term buy and hold! Do not disturb tenant.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 06/15/2021

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 06/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 77x149
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,322 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Tile Flooring
  • Attic Access Panel
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Belover Woods 4Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071001 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: BELOVER WOODS 4TH ADD
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Price Per Sq Ft: 55.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1322
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: Attic Access
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • 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
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 15
  • Acreage: 0.27
  • Lot Size: 77X149
  • Price Per Acre: 295926

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 071001 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 30, 2021
Sold by
Property Investment Angels Pty Ltd Co
Bought by
Knudsen Mark R and Knudsen Diane E
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$98,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,551
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Sep 9, 2010
Sold by
Hunter Charlie
Bought by
Property Investment Angels Pty Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,900
Interest Rate
4.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 19, 2010
Sold by
Us Bank National Association
Bought by
Hunter Charlie

Purchase Details

Closed on
Apr 1, 2010
Sold by
Farley Tineke and Farley Dennis M
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 9, 2004
Sold by
Hamilton Kesha
Bought by
Farley Dennis M and Farley Tineke

Purchase Details

Closed on
Oct 24, 2003
Sold by
Carter Pamela D
Bought by
Hud

Purchase Details

Closed on
Jul 29, 1997
Sold by
Walker William R
Bought by
Carter Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,355
Interest Rate
7.61%
Mortgage Type
FHA
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
Knudsen Mark R $73,000 Saddle Creek Title Llc
Property Investment Angels Pty Ltd $29,900 Multiple
Hunter Charlie $11,750 Saddle Creek Title
Us Bank National Association $17,500 None Available
Farley Dennis M $39,679 --
Hud -- --
Carter Pamela D $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Property Investment Angels Pty Ltd $12,900
Previous Owner Farley Dennis M $54,400
Previous Owner Carter Pamela D $47,355
Closed Carter Pamela D $2,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $73,000 -8.6% $61 / Sq Ft
06/15/2021 06/15/21 For Sale $79,900 -- $67 / 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 $608 $27,150 $2,975 $24,175
2024 $608 $17,925 $2,550 $15,375
2023 $1,092 $17,925 $2,550 $15,375
2022 $1,092 $17,925 $2,550 $15,375
2021 $618 $17,925 $2,550 $15,375
2020 $946 $13,050 $2,550 $10,500
2019 $417 $13,050 $2,550 $10,500
2018 $417 $13,050 $2,550 $10,500
2017 $427 $13,050 $2,550 $10,500
2016 $548 $12,550 $0 $0
2014 $548 $12,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall

    Seller's Agent in 2021

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    25 in this area

    208 Total Sales

    Randall Weatherall
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101706

Memphis Area Association of REALTORS®

APN: 07-1001-0-0016

Tennessee Shelby County Memphis 38127 Frayser

2028 Belover Dr, Memphis, TN

This home is located at 2028 Belover Dr, Memphis, TN 38127 since 15 June 2021 and is currently estimated at $98,551, approximately $70 per square foot. This property was built in 1960. 2028 Belover Dr is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Middle School, and Martin Luther King Preparatory High School.

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