NOT LISTED FOR SALE

2357 Wellons Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $103,000 - $124,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $11,000 $9 Per Sq Ft

Est. 915% increase in value since last sale

Current estimated payment $631/month

Highlights

  • Wooded Lot
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Attic
  • 2 Car Attached Garage

About This Home

As of May 2015

Subject property is being sold in present condition, with interior & exterior repairs needed, however it is priced to sell. Great investment for the investor or fixer-upper. Call for your private viewing and additional details. Thanks.

Last Agent to Sell the Property

Gregory Fleming

Townsend & Fleming, Inc. License #222458 Listed on: 11/15/2014

Last Buyer's Agent

Gregory Fleming

Townsend & Fleming, Inc. License #222458 Listed on: 11/15/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,140 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • St Elmo 5Th Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071045 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Overton Crossing
  • MLS Map #: 725C
  • MAAR Subdivision Name: ST ELMO 5TH ADD
  • List Price Per Sq Ft: 13
  • Number Of Stories: 1
  • Price Per Sq Ft: 9.65
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1140
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Cable Available
  • Living Dining Kitchen: LR/DR Combination, Pantry, W/D Connection in Kitchen
  • Misc Interior: Attic Access
  • Other Rooms: Attic
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Half Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Chain Fenced
  • Lot Number: 160
  • Acreage: 0.34
  • Lot Size: 85/76.11 X 177.58/173.39
  • Price Per Acre: 44118

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 071045 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2014
Closed on
Apr 15, 2015
Sold by
Newsom Michael
Bought by
Casa Lani Llc
Seller's Agent
Gregory Fleming
Townsend & Fleming, Inc.
Buyer's Agent
Gregory Fleming
Townsend & Fleming, Inc.
List Price
$15,000
Sold Price
$11,000
Premium/Discount to List
-$4,000
-26.67%
Current Estimated Value
$111,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,603
Avg. Annual Appreciation
24.69%

Purchase Details

Closed on
Nov 14, 1994
Bought by
Michael Newsom
Source: Public Records

Range of Values:

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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
Casa Lani Llc $11,000 None Available
Michael Newsom $51,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $11,000 -26.7% $11 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $15,000 -- $15 / 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 $529 $22,800 $2,600 $20,200
2024 $529 $15,600 $2,350 $13,250
2023 $950 $15,600 $2,350 $13,250
2022 $950 $15,600 $2,350 $13,250
2021 $961 $15,600 $2,350 $13,250
2020 $906 $12,500 $2,350 $10,150
2019 $906 $12,500 $2,350 $10,150
2018 $906 $12,500 $2,350 $10,150
2017 $514 $12,500 $2,350 $10,150
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gregory Fleming

    Townsend & Fleming, Inc.

    (901) 937-0916

    3 in this area

    24 Total Sales

    Gregory Fleming
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9941856

Memphis Area Association of REALTORS®

APN: 07-1045-0-0004

Tennessee Shelby County Memphis 38127 Frayser

2357 Wellons Ave, Memphis, TN

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