NOT LISTED FOR SALE

2272 Corning Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $95,000 - $102,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $22,199 $19 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $553/month

72 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Tile Flooring
  • Separate Formal Living Room
  • Brick Veneer
  • Level Lot

About This Home

As of February 2015

GREAT INVESTMENT OPPORTUNITY! This single family home would be a great opportunity for someone to rent/flip or turn into that home they have been waiting for. Located convenient to all major highways & amenities. Home offers living rm, dining rm, spacious kitchen & tub/shower combo in bath. REO PROPERTY-BANK OWNED. PROPERTY SOLD AS IS. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs

Last Agent to Sell the Property

Courtney Read

Vylla Home License #323369 Listed on: 11/24/2014

Last Buyer's Agent

Joe King

Marathon REALTORS, LLC License #291170

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,160 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck

Community Details

  • Westwood Manor 3Rd Addn Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072095 00032

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WESTWOOD MANOR 3RD ADD
  • List Price Per Sq Ft: 19
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1160
  • Year Built: 1962
  • Special Features: 20
  • 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: Wall to Wall Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 12
  • Acreage: 0.19
  • Lot Size: 8669

Tax Info

  • Assessor Parcel Number: 072095 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Feb 25, 2015
Sold by
Wells Fargo Bank Na
Bought by
Beeson Robert J
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
Joe King
Marathon REALTORS, LLC
List Price
$24,380
Sold Price
$22,199
Premium/Discount to List
-$2,181
-8.95%
Current Estimated Value
$97,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,495
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Johnson Mary Louise
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 4, 2000
Sold by
Collins Darren D
Bought by
Johnson Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
10.88%

Purchase Details

Closed on
Aug 29, 1994
Bought by
Collins Darren D
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
Beeson Robert J $21,900 Saddle Creek Title
Wells Fargo Bank Na $42,000 None Available
Johnson Mary Louise $55,000 --
Johnson Mary Louise $55,000 --
Collins Darren D $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Mary Louise $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $22,199 -8.9% $22 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $24,380 -- $24 / 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 $556 $22,450 $2,625 $19,825
2024 $556 $16,400 $2,025 $14,375
2023 $999 $16,400 $2,025 $14,375
2022 $999 $16,400 $2,025 $14,375
2021 $1,011 $16,400 $2,025 $14,375
2020 $884 $12,200 $2,025 $10,175
2019 $884 $12,200 $2,025 $10,175
2018 $884 $12,200 $2,025 $10,175
2017 $501 $12,200 $2,025 $10,175
2016 $519 $11,875 $0 $0
2014 $519 $11,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Courtney Read

    Vylla Home

    (901) 282-5624

    479 Total Sales

    Courtney Read
    Section Image

  • J

    Buyer's Agent in 2015

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    3 in this area

    87 Total Sales

    Joe King
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9940663

Memphis Area Association of REALTORS®

APN: 07-2095-0-0032

Tennessee Shelby County Memphis 38127 Frayser

2272 Corning Ave, Memphis, TN

Not Listed for Sale

Detached

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