NOT LISTED FOR SALE

2277 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $86,000 - $140,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $99,000 $62 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $659/month

24 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • Den
  • 1-Story Property

About This Home

As of July 2021

Great investor opportunity. Long term Section 8 tenant. Rent amount $900.00. Do not disturb tenant.

Last Agent to Sell the Property

Jeremy Moore

C21 Patterson & Assoc. Real Es License #306382 Listed on: 04/27/2021

C21 Patterson & Assoc. Real Es

Last Buyer's Agent

Raven Kelly

BHHS Taliesyn Realty License #335656

BHHS Taliesyn Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85x147
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,478 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • St Elmo 5Th Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071047 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: ST ELMO 5TH ADD
  • List Price Per Sq Ft: 67
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1478
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 112
  • Acreage: 0.27
  • Lot Size: 85X147
  • Price Per Acre: 366667

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 071047 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jul 12, 2021
Sold by
Coelho Investments Usa Llc
Bought by
Yaya Razakou
Seller's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
Buyer's Agent
Raven Kelly
BHHS Taliesyn Realty
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$113,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,209
Avg. Annual Appreciation
3.31%
Original Mortgage
$69,300
Outstanding Balance
$63,206
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$50,003

Purchase Details

Closed on
Dec 28, 2018
Sold by
County Of Shelby
Bought by
Coelho Investments Usa Llc

Purchase Details

Closed on
Sep 11, 2016
Sold by
Phifer Ariah
Bought by
Mcafee Lavell

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jan 27, 2012
Sold by
Bank Of America Na
Bought by
Phifer Ariah
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Ahmad Muhammad
M & M Realty, LLC
List Price
$12,900
Sold Price
$18,900
Premium/Discount to List
$6,000
46.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Nov 14, 2011
Sold by
Walton Evonne A
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 3, 2011
Sold by
Walton Evonne A
Bought by
Bank Of America N A

Purchase Details

Closed on
Jan 3, 1997
Sold by
Brown Investments
Bought by
Walton Evonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,811
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1996
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Aug 19, 1996
Sold by
Kirsch Joe M
Bought by
Midfirst Bank
Source: Public Records

Range of Values:

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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
Yaya Razakou $99,000 Baymark Title And Escrow
Coelho Investments Usa Llc $19,000 None Available
Mcafee Lavell -- Saddle Creek Title Llc
Phifer Ariah $18,900 None Available
Bank Of America Na $13,650 None Available
Bank Of America N A $13,650 None Available
Walton Evonne $69,000 Security Title
Hud -- --
Midfirst Bank $61,162 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaya Razakou $69,300
Previous Owner Phifer Ariah $50,000
Previous Owner Phifer Ariah $75,000
Previous Owner Walton Evonne A $79,600
Previous Owner Walton Evonne $69,811
Previous Owner Brown Investments $41,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $99,000 0.0% $71 / Sq Ft
04/27/2021 04/27/21 For Sale $99,000 +423.8% $71 / Sq Ft
01/27/2012 01/27/12 Sold $18,900 +46.5% $14 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
12/06/2011 12/06/11 For Sale $12,900 -- $9 / 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 $520 $22,025 $2,400 $19,625
2024 $520 $15,350 $2,150 $13,200
2023 $935 $15,350 $2,150 $13,200
2022 $935 $15,350 $2,150 $13,200
2021 $946 $15,350 $2,150 $13,200
2020 $926 $12,775 $2,150 $10,625
2019 $360 $0 $0 $0
2018 $553 $0 $0 $0
2017 $418 $12,775 $2,150 $10,625
2016 $710 $16,250 $0 $0
2014 $710 $16,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Moore

    Seller's Agent in 2021

    Jeremy Moore

    C21 Patterson & Assoc. Real Es

    (901) 644-9832

    3 in this area

    23 Total Sales

    Jeremy Moore
    Section Image

  • R

    Buyer's Agent in 2021

    Raven Kelly

    BHHS Taliesyn Realty

    (901) 515-8534

    2 in this area

    14 Total Sales

    Raven Kelly
    Section Image

  • A

    Seller's Agent in 2012

    Ahmad Muhammad

    M & M Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098061

Memphis Area Association of REALTORS®

APN: 07-1047-0-0003

Tennessee Shelby County Memphis 38127 Frayser

2277 Wellons Ave, Memphis, TN

This home is located at 2277 Wellons Ave, Memphis, TN 38127 since 27 April 2021 and is currently estimated at $113,209, approximately $70 per square foot. This property was built in 1965. 2277 Wellons Ave is a home located in Shelby County with nearby schools including Hawkins Mill Elementary School, Georgian Hills Middle School, and Trezevant High School.

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