NOT LISTED FOR SALE

2055 Burnham Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $85,000 - $113,000

2 Beds
2 Baths
1,574 Sq Ft
$65/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $42,500 $27 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $589/month

Highlights

  • 0.69 Acre Lot
  • No HOA
  • Carpet
  • Traditional Architecture
  • Cooling Available
  • Heating Available

About This Home

As of August 2020

Tenant occupied property being marketed to investors. Excellent addition to your rental portfolio. Do not approach or disturb tenant. Professionally managed by Advantage. Rent and repair documents available upon request. Rents for $662/mo Lease expires end of Feb. 2021, Exterior is vinyl siding, architectural roof, no neighbor on one side, quiet area of town. Home has a living room that could be made in to a 3rd bedroom. Interior video available upon request.

Last Buyer's Agent

Chris Mosby

ResiAmerica Inc License #282881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1925

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 134x225

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072004 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 1925

Lot Details

0.69 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1925
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Pantry
  • Fireplace: No
  • Flooring: Carpet
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1574
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size: 134X225
  • Lot Size Units: Acres
  • Parcel #: 072004 00003
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc
Current Estimated Value
$102,962

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 7, 2020
Sold by
Equity Trust Co
Bought by
Vb One Llc
Buyer's Agent
Chris Mosby
ResiAmerica Inc
List Price
$45,900
Sold Price
$42,500
Premium/Discount to List
-$3,400
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Mountain Blue Inc
Bought by
Ira Kenneth Edwin Bachman

Purchase Details

Closed on
Apr 12, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Mountain Blue Inc

Purchase Details

Closed on
Jul 29, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 15, 2010
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 3, 2009
Sold by
Berry Troy L
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 19, 2001
Sold by
Finton James Howard
Bought by
Berry Troy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,101
Interest Rate
6.67%
Mortgage Type
FHA
Source: Public Records
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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 Two Llc -- None Available
Vb One Llc $42,500 Total Title Services
Ira Kenneth Edwin Bachman $41,000 None Available
Mountain Blue Inc $10,800 None Available
Secretary Of Housing & Urban Development -- None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na -- None Available
Secretary Of Housing & Urban Development $54,556 None Available
Berry Troy L $44,500 Lenders Title & Escrow Llc
Berry Troy L $44,500 Lenders Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berry Troy L $44,101
Closed Berry Troy L $4,265
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $45,900 +8.0% $29 / Sq Ft
08/06/2020 08/06/20 Sold $42,500 0.0% $27 / Sq Ft
08/06/2020 08/06/20 Sold $42,500 -7.4% $30 / Sq Ft View Prior Sale
08/06/2020 08/06/20 Pending -- -- --
07/18/2020 07/18/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $45,900 -- $33 / Sq Ft
Source: Realtracs

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 $558 $23,050 $2,150 $20,900
2024 $558 $16,450 $2,025 $14,425
2023 $1,002 $16,450 $2,025 $14,425
2022 $1,002 $16,450 $2,025 $14,425
2021 $568 $16,450 $2,025 $14,425
2020 $683 $9,425 $2,025 $7,400
2019 $301 $9,425 $2,025 $7,400
2018 $301 $9,425 $2,025 $7,400
2017 $308 $9,425 $2,025 $7,400
2016 $463 $10,600 $0 $0
2014 $463 $10,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    158 in this area

    1,140 Total Sales

    Tyler Tapley
    Section Image
  • Chris Mosby

    Buyer's Agent in 2020

    Chris Mosby

    ResiAmerica Inc

    (901) 830-7200

    24 in this area

    448 Total Sales

    Chris Mosby
    Section Image
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Map

Source: Realtracs

MLS Number: 3088498

Realtracs

APN: 07-2004-0-0003

Tennessee Shelby County Memphis 38127 Frayser

2055 Burnham Ave, Memphis, TN

Not Listed for Sale

Detached

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Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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