NOT LISTED FOR SALE

2038 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $122,000 - $142,000

4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$45/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $90,000 $30 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $777/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Bonus Room
  • Great Room

About This Home

As of July 2020

Large 4BR/3BA Brick Home on Almost Half Acre Lot~Formal Living Room & Dining Room + Large Great Room~Spacious Eat-In Kitchen w/Plenty of Cabinet Space~Master Bedroom Down w/En-Suite Full Bath~2 Addt'l Bedrooms + Full Bath + Laundry Room Also Down~Bedroom + Office + Bonus Room + Full Bath Up~Great Sunroom Overlooking Backyard~Large Fenced-In Yard w/ Storage Shed~New Roof~AND MORE!

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 05/02/2020

Last Buyer's Agent

Ludora Cooper

Prime Realty & Investments License #274329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1959

Lot Details

  • 0.45 Acre Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,871 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • East Georgian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071028 00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

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 #: 725C
  • MAAR Subdivision Name: GEORGIAN HILLS (EAST)
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2871
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Sun Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Office, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 18
  • Acreage: 0.45
  • Lot Size: 82.47/80 X 235.44/255.52
  • Price Per Acre: 216667

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 071028 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jun 30, 2020
Sold by
Reid Michael L
Bought by
Jackson Charia
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Ludora Cooper
Prime Realty & Investments
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%
Current Estimated Value
$133,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,980
Avg. Annual Appreciation
7.92%
Original Mortgage
$90,000
Outstanding Balance
$79,954
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$54,026

Purchase Details

Closed on
Aug 28, 1997
Sold by
Vennemann Anita Ann Davis and Vennemann Robert D
Bought by
Reid Michael L and Reid Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,610
Interest Rate
7.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Jackson Charia $90,000 None Available
Reid Michael L $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Charia $90,000
Previous Owner Reid Michael L $89,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $90,000 -7.7% $32 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $97,500 -- $35 / 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 $806 $34,525 $2,875 $31,650
2024 $806 $23,775 $2,575 $21,200
2023 $1,448 $23,775 $2,575 $21,200
2022 $1,448 $23,775 $2,575 $21,200
2021 $1,465 $23,775 $2,575 $21,200
2020 $1,341 $18,500 $2,575 $15,925
2019 $591 $18,500 $2,575 $15,925
2018 $591 $18,500 $2,575 $15,925
2017 $605 $18,500 $2,575 $15,925
2016 $778 $17,800 $0 $0
2014 $778 $17,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Carstensen

    Seller's Agent in 2020

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    5 in this area

    338 Total Sales

    Jennifer Carstensen
    Section Image
  • Ludora Cooper

    Buyer's Agent in 2020

    Ludora Cooper

    Prime Realty & Investments

    (901) 690-6795

    7 in this area

    74 Total Sales

    Ludora Cooper
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075786

Memphis Area Association of REALTORS®

APN: 07-1028-0-0037

Tennessee Shelby County Memphis 38127 Frayser

2038 Wellons Ave, Memphis, TN

This home is located at 2038 Wellons Ave, Memphis, TN 38127 since 02 May 2020 and is currently estimated at $133,980, approximately $44 per square foot. This property was built in 1959. 2038 Wellons 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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