NOT LISTED FOR SALE

2298 Dells Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $86,000 - $100,000

3 Beds
1 Bath
100-999 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 31, 2024

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

Est. 8% increase in value since last sale

Current estimated payment $544/month

310 Days on Market

Highlights

  • Updated Kitchen
  • Brick Veneer
  • Central Heating and Cooling System
  • Traditional Architecture
  • Luxury Vinyl Tile Flooring
  • 1-Story Property

About This Home

As of May 2024

Cash flowing occupied investment opportunity available below market value and rents! Renovated in 2020 which included a new roof, hvac, floors, and more! The property is currently rented out at $812 per month. Tenants moved in 10/15/2021 on a lease until 10/31/2024. Professionally managed by Reedy and Company who would like to continue managing. Lease, ledger, and renovations made available upon request. Do not approach or disturb tenants. No showings without an accepted offer

Last Agent to Sell the Property

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 06/06/2023

Last Buyer's Agent

Alissa Fowler

CrestCore Realty MphsBrokerage License #340310

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 65x113
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 100-999 Sq Ft Home
  • 960 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Westwood Manor 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072085 00012

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WESTWOOD MANOR 2ND ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 960
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 73
  • Acreage: 0.16
  • Lot Size: 65X113
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 072085 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
May 23, 2024
Sold by
Fielding Cody P
Bought by
Zimmerman Ian
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Alissa Fowler
CrestCore Realty MphsBrokerage
List Price
$95,000
Sold Price
$88,000
Premium/Discount to List
-$7,000
-7.37%
Views
217
Current Estimated Value
$94,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,697
Avg. Annual Appreciation
4.69%
Original Mortgage
$74,800
Outstanding Balance
$73,753
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$20,944

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 5, 2020
Sold by
Memphis Investment Properites Ii Llc
Bought by
Fielding Cody Pat
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$71,900
Sold Price
$71,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$57,520
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2020
Sold by
A & R Real Estate Llc
Bought by
Memphis Investments Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,520
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2019
Sold by
Ashley Homes Llc
Bought by
A & R Real Estate Llc

Purchase Details

Closed on
Jan 27, 2012
Sold by
Cleveland Theresa D
Bought by
Phillips Barbera & Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,653
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1999
Sold by
Bell Henry E and Bell Lorene Alla
Bought by
Bell Henry E and The Henry E Bell Living Revocable Trust
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
Zimmerman Ian $88,000 Sure Title
Fielding Cody Pat $71,900 Delta Title Services Llc
Memphis Investments Properties Ii Llc $30,714 None Available
A & R Real Estate Llc $1,112,061 Fidelity Natl Title Ins Co
Phillips Barbera & Company Inc $80,000 Stewart Title Of Memphis Inc
Bell Henry E -- --
Bell Henry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Ian $74,800
Previous Owner Fielding Cody Pat $57,520
Previous Owner Memphis Investments Properties Ii Llc $60,000
Previous Owner Phillips Barbera & Company Inc $85,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $88,000 -7.4% $880 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $95,000 0.0% $950 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $95,000 -5.0% $950 / Sq Ft
08/10/2023 08/10/23 For Sale $100,000 0.0% $1,000 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $100,000 +39.1% $1,000 / Sq Ft
10/06/2020 10/06/20 Sold $71,900 0.0% $75 / Sq Ft View Prior Sale
08/13/2020 08/13/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $71,900 -- $75 / 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 $586 $23,450 $2,625 $20,825
2024 $586 $17,300 $2,025 $15,275
2023 $1,054 $17,300 $2,025 $15,275
2022 $1,054 $17,300 $2,025 $15,275
2021 $1,066 $17,300 $2,025 $15,275
2020 $746 $10,300 $2,025 $8,275
2019 $329 $10,300 $2,025 $8,275
2018 $329 $10,300 $2,025 $8,275
2017 $337 $10,300 $2,025 $8,275
2016 $367 $8,400 $0 $0
2014 $367 $8,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    24 in this area

    115 Total Sales

    Mark Hart
    Section Image
  • Alissa Fowler

    Buyer's Agent in 2024

    Alissa Fowler

    CrestCore Realty MphsBrokerage

    (901) 385-3119

    12 in this area

    106 Total Sales

    Alissa Fowler
    Section Image
  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    54 in this area

    350 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    53 in this area

    365 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149490

Memphis Area Association of REALTORS®

APN: 07-2085-0-0012

Tennessee Shelby County Memphis 38127 Frayser

2298 Dells Ave, Memphis, TN

Not Listed for Sale

Detached

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