NOT LISTED FOR SALE

2405 Frisco Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $133,087

3 Beds
2 Baths
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $10,000 $7 Per Sq Ft

Est. 1,231% increase in value since last sale

Current estimated payment $790/month

34 Days on Market

Highlights

  • 0.54 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Separate Formal Living Room
  • Dining Room
  • 1-Story Property

About This Home

As of November 2014

Great possibilities in this spacious fixer upper! Customize repairs to create your family's dream home featuring a living room, dining room, eat- in- kitchen, 3 bedrooms, 2 baths and over half a acre of yard space for the kids to play. This home is centrally located to schools, groceries, restaurants and shopping. Previously a Day Care facility, this property is zoned commercial and surrounded by single family homes. This asset is listed as both 2405 Frisco Ave & 2030 Charjean Rd.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 09/17/2014

Last Buyer's Agent

L. Diane Tate

Tate Realty and Construction License #280888

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Parking

  • Driveway

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,213 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Airways Depot Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060123 00001

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1213
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • P R I M A R Y B E D R O O M: Level 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: N PT3and4
  • Acreage: 0.54
  • Lot Size: 23637

Tax Info

  • Assessor Parcel Number: 060123 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Nov 17, 2014
Sold by
Fannie Mae
Bought by
Kyles Terrell
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
L. Diane Tate
Tate Realty and Construction
List Price
$14,900
Sold Price
$10,000
Premium/Discount to List
-$4,900
-32.89%
Current Estimated Value
$133,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,087
Avg. Annual Appreciation
26.72%

Purchase Details

Closed on
Jul 31, 2014
Sold by
Dolman Melinda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2004
Sold by
Dolman Melinda B
Bought by
Knox Susie

Purchase Details

Closed on
May 30, 2002
Sold by
Dolman Melinda
Bought by
Knox Susie

Purchase Details

Closed on
Jul 25, 2001
Sold by
J & J Real Estate Investments Inc
Bought by
Dolman Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2000
Sold by
Boucher Ray and Morgan Wanda
Bought by
J & J Real Estate Investments Inc
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
Kyles Terrell $10,000 None Available
Federal National Mortgage Association -- None Available
Knox Susie -- --
Knox Susie $500 Memphis Title
Dolman Melinda $60,000 Community Equity & Title Inc
J & J Real Estate Investments Inc $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolman Melinda $44,800
Closed Dolman Melinda $11,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $10,000 -32.9% $8 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $14,900 -- $12 / 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 -- $42,280 $13,360 $28,920
2024 $1,100 $32,440 $11,960 $20,480
2023 $1,976 $32,440 $11,960 $20,480
2022 $1,976 $32,440 $11,960 $20,480
2021 $1,999 $32,440 $11,960 $20,480
2020 $2,255 $31,120 $11,960 $19,160
2019 $2,255 $31,120 $11,960 $19,160
2018 $2,255 $31,120 $11,960 $19,160
2017 $1,279 $31,120 $11,960 $19,160
2016 $1,332 $30,480 $0 $0
2014 $1,332 $30,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    1 in this area

    35 Total Sales

    Carol Tate
    Section Image

  • L

    Buyer's Agent in 2014

    L. Diane Tate

    Tate Realty and Construction

    (901) 387-7222

    5 Total Sales

    L. Diane Tate
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9936145

Memphis Area Association of REALTORS®

APN: 06-0123-0-0001

Tennessee Shelby County Memphis 38114 Southeast Memphis

2405 Frisco Ave, Memphis, TN

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