NOT LISTED FOR SALE

2464 Labonte Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $105,000 - $121,953

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $22,700 $16 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $665/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Eat-In Kitchen
  • Partially Carpeted
  • 1-Story Property

About This Home

As of May 2014

Seller will pay up to 3% in buyer closing cost. Property built in 1996. Equal Housing Opportunity. Room sizes are estimate. SQ FT of 1287 provided by HUD. NEW EARNEST MONEY GUIDELINES. See Attached escrow disclosure

Last Agent to Sell the Property

Chad Engelke

United Real Estate Mid South License #314041 Listed on: 02/13/2014

United Real Estate Mid South

Co-Listed By

Ed Engelke

United Real Estate Mid South License #309830

Last Buyer's Agent

Jessica Buffington

HelloHome License #320624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1996

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59 x 125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,257 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • St Elmo 7Th Addn Rev Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 F00145

Home Details

Home Type

Single Family

Est. Annual Taxes

$696

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ST ELMO 7TH ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1257
  • Year Built: 1996
  • 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
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 346
  • Acreage: 0.16
  • Lot Size: 59 X 125

Tax Info

  • Assessor Parcel Number: 071048 F00145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2014
Sold by
Mid South Homebuyers Inc
Bought by
Catherman Jay R
Current Estimated Value
$115,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,360
Outstanding Balance
$34,651
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$80,837

Purchase Details

Listed on
Feb 13, 2014
Closed on
May 19, 2014
Sold by
Donovan Shaun
Bought by
Mid South Homebuyers Inc
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Jessica Buffington
HelloHome
List Price
$25,000
Sold Price
$22,700
Premium/Discount to List
-$2,300
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Aug 26, 2013
Sold by
Hayes Felix H and Hayes Leona Diane
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 24, 1997
Sold by
Neighborhood Housing Opportunities Inc
Bought by
Hayes Felix H and Hayes Leona Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,501
Interest Rate
7.69%
Mortgage Type
FHA
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
Catherman Jay R $56,700 Saddle Creek Title Llc
Mid South Homebuyers Inc $22,700 None Available
Secretary Of Hud $52,020 None Available
Hayes Felix H $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catherman Jay R $45,360
Previous Owner Hayes Felix H $45,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2014 05/19/14 Sold $22,700 -9.2% $19 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $25,000 -- $21 / 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 $696 $28,850 $2,375 $26,475
2024 $696 $20,525 $2,025 $18,500
2023 $1,250 $20,525 $2,025 $18,500
2022 $1,250 $20,525 $2,025 $18,500
2021 $1,265 $20,525 $2,025 $18,500
2020 $1,016 $14,025 $2,025 $12,000
2019 $1,016 $14,025 $2,025 $12,000
2018 $1,016 $14,025 $2,025 $12,000
2017 $576 $14,025 $2,025 $12,000
2016 $605 $13,850 $0 $0
2014 $605 $13,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Engelke

    Seller's Agent in 2014

    Chad Engelke

    United Real Estate Mid South

    (901) 490-2760

    1 in this area

    58 Total Sales

    Chad Engelke
    Section Image
  • Ed Engelke

    Seller Co-Listing Agent in 2014

    Ed Engelke

    United Real Estate Mid South

    (901) 338-9814

    145 Total Sales

    Ed Engelke
    Section Image
  • Jessica Buffington

    Buyer's Agent in 2014

    Jessica Buffington

    HelloHome

    (901) 282-8443

    60 Total Sales

    Jessica Buffington
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3290479

Memphis Area Association of REALTORS®

APN: 07-1048-F0-0145

Tennessee Shelby County Memphis 38127 Frayser

2464 Labonte Dr, Memphis, TN

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