NOT LISTED FOR SALE

2390 Drake St Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $75,000 - $117,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $85,000 $71 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $544/month

81 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Eat-In Kitchen
  • Great Room
  • 1 Car Attached Garage
  • Patio

About This Home

As of October 2023

No FHA or VA appraisals. Updated home - move in ready - no appliances. Great property that offers many opportunities from a primary home to an invesment. Carport, great floorplan layout, LVP Flooring throoughout on a nice suburban street close proximty to Memphis Internaitional Airport, Downtown Memphis, ER and MS stateline. Pilot Airbnb potential.

Last Agent to Sell the Property

Christine Lundy

Key Connect Group, LLC License #280316 Listed on: 06/05/2023

Key Connect Group, LLC

Last Buyer's Agent

Shelbe Ramsey

KAIZEN Realty, LLC License #367411

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 85x140
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,172 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Eat-In Kitchen

Flooring

  • Brick
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Masons Norris Ave Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060018 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: MASONS NORRIS AVE BLK B
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1172
  • Year Built: 1952
  • List Price/ Sq Ft: 73
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Brick Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 112
  • Acreage: 0.18
  • Lot Size: 85X140
  • Price Per Acre: 472222

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060018 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Oct 10, 2023
Sold by
Divvy Homes Warehouse Ii Llc
Bought by
Kqf Enterprises Llc
Seller's Agent
Christine Lundy
Key Connect Group, LLC
Buyer's Agent
Shelbe Ramsey
KAIZEN Realty, LLC
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Views
223
Current Estimated Value
$92,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,424
Avg. Annual Appreciation
4.58%
Original Mortgage
$68,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 5, 2019
Sold by
Morgan William Kenton and Morgan Erin
Bought by
Divvy Homes Warehouse Ii Llc
Seller's Agent
Joe King
Marathon REALTORS, LLC
Buyer's Agent
James Johnson
KAIZEN Realty, LLC
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Apr 27, 2019
Closed on
Aug 12, 2019
Sold by
Payne Jerome C and Fuller Maggie Lean
Bought by
Morgan William Kenton
Seller's Agent
Albert Porter
BenchMark REALTORS, LLC
Buyer's Agent
Albert Porter
BenchMark REALTORS, LLC
List Price
$30,700
Sold Price
$21,000
Premium/Discount to List
-$9,700
-31.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3298.83%
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
Kqf Enterprises Llc $85,000 None Listed On Document
Divvy Homes Warehouse Ii Llc $64,900 Saddle Creek Title Llc
Morgan William Kenton $21,000 Saddle Creek Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kqf Enterprises Llc $68,000
Previous Owner Divvy Homes Warehouse Ii Llc $178,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $85,000 0.0% $85 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $85,000 -4.5% $85 / Sq Ft
06/05/2023 06/05/23 For Sale $89,000 +37.1% $89 / Sq Ft
12/05/2019 12/05/19 Sold $64,900 0.0% $65 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $64,900 +209.0% $65 / Sq Ft
08/12/2019 08/12/19 Sold $21,000 -31.6% $21 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $30,700 -- $31 / 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 $504 $21,025 $1,725 $19,300
2024 $504 $14,875 $775 $14,100
2023 $906 $14,875 $775 $14,100
2022 $906 $14,875 $775 $14,100
2021 $513 $14,875 $775 $14,100
2020 $556 $7,675 $775 $6,900
2019 $245 $7,675 $775 $6,900
2018 $245 $7,675 $775 $6,900
2017 $251 $7,675 $775 $6,900
2016 $318 $7,275 $0 $0
2014 $318 $7,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Lundy

    Seller's Agent in 2023

    Christine Lundy

    Key Connect Group, LLC

    (901) 340-9178

    1 in this area

    101 Total Sales

    Christine Lundy
    Section Image
  • Shelbe Ramsey

    Buyer's Agent in 2023

    Shelbe Ramsey

    KAIZEN Realty, LLC

    (901) 230-4504

    1 in this area

    5 Total Sales

    Shelbe Ramsey
    Section Image

  • J

    Seller's Agent in 2019

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    1 in this area

    86 Total Sales

    Joe King
    Section Image

  • A

    Seller's Agent in 2019

    Albert Porter

    BenchMark REALTORS, LLC

    (901) 340-4056

    16 Total Sales

    Albert Porter
    Section Image
  • James Johnson

    Buyer's Agent in 2019

    James Johnson

    KAIZEN Realty, LLC

    (901) 878-9250

    3 in this area

    58 Total Sales

    James Johnson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149397

Memphis Area Association of REALTORS®

APN: 06-0018-0-0009

Tennessee Shelby County Memphis 38106 Southeast Memphis

2390 Drake St, Memphis, TN

This home is located at 2390 Drake St, Memphis, TN 38106 since 05 June 2023 and is currently estimated at $92,424, approximately $77 per square foot. This property was built in 1952. 2390 Drake St is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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