NOT LISTED FOR SALE

2278 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $107,000 - $160,000

5 Beds
2.5 Baths
2,000-2,199 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2017

Last sale price $88,000 $40 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $722 / mo

289 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Brick Veneer

About This Home

As of October 2017

Lots of room for a growing family. NEW ROOF with 20 year warranty. All Brick Home with Open Floor Plan. Perfect Starter Home. Pre-Qualification through Carey Fifer with Community Mortgage.

Last Agent to Sell the Property

Todd Harris

Metropolis Real Estate Service License #277077 Listed on: 10/13/2016

Last Buyer's Agent

Carolyn Randolph

Crye-Leike, Inc., REALTORS License #312077

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 10,890 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,061 Sq Ft Home
  • 1.5-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • St Elmo 5Th Addn R Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 00128

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0.25 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ST ELMO 7TH ADD
  • List Price Per Sq Ft: 46
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2061
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedroom 4 Description: Level 2, Hardwood Floor
  • Bedroom 5 Description: Level 2, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Pantry, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Half Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 79
  • Acreage: 0.25
  • Lot Size: 80.03/80 X 140/141.60

Tax Info

  • Assessor Parcel Number: 071048 00128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Oct 5, 2017
Sold by
Perkins Dorothy L and Perkins Michael M
Bought by
Mckenzie Gabriel D and Tourend Sandra F
Seller's Agent
Todd Harris
Metropolis Real Estate Service
Buyer's Agent
Carolyn Randolph
Crye-Leike, Inc., REALTORS
List Price
$95,000
Sold Price
$88,000
Premium/Discount to List
-$7,000
-7.37%
Current Estimated Value
$125,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,866
Avg. Annual Appreciation
4.26%
Original Mortgage
$80,586
Outstanding Balance
$66,948
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$58,918

Purchase Details

Closed on
Aug 26, 2011
Sold by
Fannie Mae
Bought by
Perkins Dorothy L and Perkins Michael M

Purchase Details

Closed on
Jul 18, 2011
Sold by
Holman Andrew and Holman Zevida
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 12, 2005
Sold by
Holman Zevida A
Bought by
Holman Andrew and Holman Zevida A

Purchase Details

Closed on
Sep 29, 2005
Sold by
Holman Zevida A
Bought by
Holman Andrew

Purchase Details

Closed on
Nov 18, 2004
Sold by
Whitehead Florence E
Bought by
Holman Zevida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckenzie Gabriel D $88,000 Preferre Title & Escrow Llc
Mckenzie Gabriel D $88,000 Preferred Title & Escrow Llc
Perkins Dorothy L $26,000 Assured Escrow & Title
Federal National Mortgage Association $63,808 None Available
Holman Andrew -- --
Holman Andrew -- --
Holman Zevida $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenzie Gabriel D $80,586
Previous Owner Holman Zevida $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $88,000 -7.4% $44 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $95,000 -- $48 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $664 $28,975 $2,350 $26,625
2024 $664 $19,575 $2,125 $17,450
2023 $1,192 $19,575 $2,125 $17,450
2022 $1,192 $19,575 $2,125 $17,450
2021 $1,206 $19,575 $2,125 $17,450
2020 $1,125 $15,525 $2,125 $13,400
2019 $1,125 $15,525 $2,125 $13,400
2018 $1,125 $15,525 $2,125 $13,400
2017 $638 $15,525 $2,125 $13,400
2016 $652 $14,925 $0 $0
2014 $652 $14,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Harris

    Seller's Agent in 2017

    Todd Harris

    Metropolis Real Estate Service

    (901) 800-1500

    1 in this area

    22 Total Sales

    Todd Harris
    Section Image
  • Carolyn Randolph

    Buyer's Agent in 2017

    Carolyn Randolph

    Crye-Leike

    (901) 827-8807

    1 in this area

    31 Total Sales

    Carolyn Randolph
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9988553

Memphis Area Association of REALTORS®

APN: 07-1048-0-0128

Tennessee Shelby County Memphis 38127 Frayser

2278 Wellons Ave, Memphis, TN

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