NOT LISTED FOR SALE

2305 Nunnelee Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $92,000 - $104,000

3 Beds
1 Bath
100-999 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $57,500 $58 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $575/month

34 Days on Market

Highlights

  • Some Wood Windows
  • Laundry closet
  • Combination Dining and Living Room
  • Bungalow
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2017

Great investment property! This home is undergoing a full renovation and scheduled to be completed by 8/30/17. New roof- 30 year, architectural shingle. NEW HVAC. Flooring: Install tile in the kitchen and bathrooms and hardwood floors installed. Updated bathrooms and kitchen. Target rent = $625 Please do not disturb tenant. Inspections may be schedule with a fully executed purchase agreement.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 08/10/2017

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 08/10/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1958

Lot Details

  • 10,019 Sq Ft Lot
  • Few Trees

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 879 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

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

Community Details

  • Nu Van Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 072056 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 727A
  • MAAR Subdivision Name: NU-VAN
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 879
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 10
  • Acreage: 0.23
  • Lot Size: 64X137/0.23
  • Price Per Acre: 260870

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072056 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
Gallegos David E and Gallegos Laurie A
Bought by
Hagler Jordan
Current Estimated Value
$96,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Outstanding Balance
$42,146
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$53,931

Purchase Details

Listed on
Aug 10, 2017
Closed on
Dec 20, 2017
Sold by
Jbj Properties Llc
Bought by
Gallegos David E and Gallegos Laurie A
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$60,000
Sold Price
$57,500
Premium/Discount to List
-$2,500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Bonner Rejoice
Bought by
Jbj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1998
Sold by
King Ernest D and King Mary F
Bought by
Bonner Rejoice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,878
Interest Rate
7.06%
Mortgage Type
FHA
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
Hagler Jordan $62,500 Ctc
Gallegos David E $57,500 Delta Title Services Llc
Jbj Properties Llc $17,200 None Available
Bonner Rejoice $42,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagler Jordan $47,600
Previous Owner Jbj Properties Llc $40,000
Previous Owner Bonner Rejoice $43,878
Closed Bonner Rejoice $2,231
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $57,500 -4.2% $575 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $60,000 -- $600 / 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 $592 $23,450 $1,850 $21,600
2024 $592 $17,450 $1,625 $15,825
2023 $1,063 $17,450 $1,625 $15,825
2022 $1,063 $17,450 $1,625 $15,825
2021 $602 $17,450 $1,625 $15,825
2020 $639 $8,825 $1,625 $7,200
2019 $282 $8,825 $1,625 $7,200
2018 $282 $8,825 $1,625 $7,200
2017 $289 $8,825 $1,625 $7,200
2016 $406 $9,300 $0 $0
2014 $406 $9,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2017

    James Wachob

    Foundation Property Management

    (901) 633-1484

    80 in this area

    622 Total Sales

    James Wachob
    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Sean Tagge

    Reedy & Company, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10008886

Memphis Area Association of REALTORS®

APN: 07-2056-0-0011

Tennessee Shelby County Memphis 38127 Frayser

2305 Nunnelee Ave, Memphis, TN

This home is located at 2305 Nunnelee Ave, Memphis, TN 38127 since 10 August 2017 and is currently estimated at $96,522, approximately $96 per square foot. This property was built in 1958. 2305 Nunnelee Ave is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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