NOT LISTED FOR SALE

2228 Theda Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $86,000 - $102,000

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

Last Sold September 07, 2021

Last sale price $79,000 $66 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $550/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Partially Carpeted
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of September 2021

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $675/month, managed by a Local Professional Management Company. Lease expires 2/28/2022. Tenant moved in 2/4/2019. Renovated in June 2015, including: new AC condenser, new water heater- tenant ledger and maintenance report available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 08/05/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 08/05/2021

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x113
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,099 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Westwood Manor 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072081 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$566

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725E
  • MAAR Subdivision Name: WESTWOOD MANOR 2ND ADD
  • List Price Per Sq Ft: 72
  • Number Of Stories: 1
  • Price Per Sq Ft: 71.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1099
  • Year Built: 1963
  • 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 Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio

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: 2
  • Acreage: 0.15
  • Lot Size: 60X113
  • Price Per Acre: 526000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072081 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Chad Willis
Bought by
Triple C Foundation Llc
Current Estimated Value
$92,285

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 3, 2021
Sold by
Newell Ryan D and Newell Lisa
Bought by
Willis Chad
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$78,900
Sold Price
$79,000
Premium/Discount to List
$100
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$59,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Mid South Homebuyer Inc
Bought by
Newell Ryan and Newell Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,025
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
Mar 31, 2015
Sold by
Dth Reo Inc
Bought by
Mid South Homebyers Inc
Seller's Agent
David Buttross
Buttross Properties
Buyer's Agent
David Buttross
Buttross Properties
List Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%

Purchase Details

Listed on
Feb 3, 2015
Closed on
Feb 24, 2015
Sold by
The Bank Of New York Mellon Trust Co
Bought by
Dth Reo Inc
Seller's Agent
Patrick McClay
Southeast Investors, LLC
Buyer's Agent
Patrick McClay
Southeast Investors, LLC
List Price
$21,500
Sold Price
$21,500

Purchase Details

Closed on
Dec 29, 2014
Sold by
Smith James P
Bought by
The Bank Of New York Mellon Trust Co Na and The Bank Of New York Trust Co Na

Purchase Details

Closed on
Dec 19, 2003
Sold by
Williams Ruby H
Bought by
Smith James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
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
Triple C Foundation Llc -- Saddle Creek Title
Triple C Foundation Llc -- Saddle Creek Title
Willis Chad $79,000 Saddle Creek Title Llc
Newell Ryan $54,700 Saddle Creek Title Llc
Mid South Homebyers Inc $21,500 Saddle Creek Title Llc
Dth Reo Inc $9,400 Premium Title Services Inc
The Bank Of New York Mellon Trust Co Na $22,000 None Available
Smith James P $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willis Chad $59,250
Previous Owner Newell Ryan $41,025
Previous Owner Smith James P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $79,000 +0.1% $79 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $78,900 +267.0% $79 / Sq Ft
05/18/2015 05/18/15 Sold -- -- --
03/31/2015 03/31/15 Sold $21,500 +19.4% $22 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $18,000 -16.3% $17 / Sq Ft
02/03/2015 02/03/15 For Sale $21,500 -- $22 / 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 $566 $23,400 $2,625 $20,775
2024 $566 $16,700 $2,025 $14,675
2023 $1,017 $16,700 $2,025 $14,675
2022 $1,017 $16,700 $2,025 $14,675
2021 $453 $16,700 $2,025 $14,675
2020 $1,007 $13,900 $2,025 $11,875
2019 $444 $13,900 $2,025 $11,875
2018 $444 $13,900 $2,025 $11,875
2017 $455 $13,900 $2,025 $11,875
2016 $519 $11,875 $0 $0
2014 $519 $11,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2021

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    60 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image

  • P

    Seller's Agent in 2015

    Patrick McClay

    Southeast Investors, LLC

    Section Image
  • David Buttross

    Seller's Agent in 2015

    David Buttross

    Buttross Properties

    (832) 892-1899

    69 Total Sales

    David Buttross
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10105807

Memphis Area Association of REALTORS®

APN: 07-2081-0-0030

Tennessee Shelby County Memphis 38127 Frayser

2228 Theda Ave, Memphis, TN

This home is located at 2228 Theda Ave, Memphis, TN 38127 since 05 August 2021 and is currently estimated at $92,285, approximately $76 per square foot. This property was built in 1963. 2228 Theda Ave is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Georgian Hills Junior High School, and Trezevant High School.

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