NOT LISTED FOR SALE

2477 Labonte Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $78,000 - $93,117

3 Beds
2 Baths
800-999 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 07, 2025

Last sale price $83,000 $83 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $485/month

63 Days on Market

About This Home

As of February 2025

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/14/2024

Last Buyer's Agent

Deborah Williams

4 Success Realty, LLC License #294304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 62x120

Interior Spaces

  • 800-999 Sq Ft Home
  • 984 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • St Elmo 7Th Addn Rev Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 F00169

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ST ELMO 7TH ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 984
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Lot Info

  • Lot Number: 370
  • Acreage: 0.17
  • Lot Size: 62X120
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 071048 F00169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Feb 7, 2025
Sold by
Wref Iii Loan 8 Llc
Bought by
Jill A Hansen And Hans C Hansen Family Trust and Hansen
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Deborah Williams
4 Success Realty, LLC
List Price
$89,900
Sold Price
$83,000
Premium/Discount to List
-$6,900
-7.68%
Views
16
Current Estimated Value
$84,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,779
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Jan 11, 2024
Sold by
Whitestone R/E Fund Iii Lp
Bought by
Wref Iii Loan 8 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,583,600
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 16, 2022
Sold by
Buy And Sell Memphis Now Llc
Bought by
Whitestone Real Estate Fund Iii Lp
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Caleb Hall
Keller Williams
List Price
$76,785
Sold Price
$76,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Memphis Manor Management Ii Llc
Bought by
The Way Supportive Housing Corp

Purchase Details

Closed on
Jun 4, 2015
Sold by
Sultani Family Realty Of Memphis Llc
Bought by
Memphis Manor Management Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2009
Sold by
Mid South Homebuyers Inc
Bought by
Donald Stanley E and Sultani Family Irrevocable Trust

Purchase Details

Closed on
Oct 9, 2008
Sold by
Us Bank Na
Bought by
Mid South Homebuyers Inc

Purchase Details

Closed on
Aug 4, 2008
Sold by
Harris Coral A
Bought by
Us Bank Na and Citigroup Mortgage Loan Trust Inc Asset

Purchase Details

Closed on
Nov 15, 2005
Sold by
Harris Coral A
Bought by
Trinears Treasure Llc

Purchase Details

Closed on
Mar 15, 2005
Sold by
New Beginnings Properties Llc
Bought by
Harris Coral A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Adams Genell L
Bought by
Hud

Purchase Details

Closed on
Jan 31, 2001
Sold by
Amresco Residential Mtg Corp
Bought by
Adams Genell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,010
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2000
Sold by
Igberaese Gloria F
Bought by
Amresco Residential Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jill A Hansen And Hans C Hansen Family Trust $83,000 Regency Title & Escrow
Wref Iii Loan 8 Llc $280,000 None Listed On Document
Whitestone Real Estate Fund Iii Lp $75,892 Foundation Title
The Way Supportive Housing Corp -- None Available
Memphis Manor Management Ii Llc $1,530,000 None Available
Donald Stanley E $1,404,800 None Available
Mid South Homebuyers Inc $15,500 Associates Closing & Title
Us Bank Na $15,500 None Available
Trinears Treasure Llc -- --
Harris Coral A $50,000 --
Hud $51,400 --
Adams Genell L $47,900 --
Adams Genell L $47,900 --
Amresco Residential Mtg Corp $31,450 --
Amresco Residential Mtg Corp $31,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wref Iii Loan 8 Llc $1,583,600
Previous Owner Memphis Manor Management Ii Llc $1,330,000
Previous Owner Harris Coral A $45,000
Previous Owner Adams Genell L $48,010
Closed Adams Genell L $2,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $83,000 -7.7% $104 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $89,900 0.0% $112 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $89,900 +17.1% $112 / Sq Ft
12/15/2022 12/15/22 Sold $76,785 0.0% $768 / Sq Ft View Prior Sale
12/12/2022 12/12/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $76,785 -- $768 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $527 $21,150 $2,375 $18,775
2024 $527 $15,550 $2,025 $13,525
2023 $947 $15,550 $2,025 $13,525
2022 $947 $15,550 $2,025 $13,525
2021 $1,126 $15,550 $2,025 $13,525
2020 $712 $9,825 $2,025 $7,800
2019 $314 $9,825 $2,025 $7,800
2018 $314 $9,825 $2,025 $7,800
2017 $321 $9,825 $2,025 $7,800
2016 $375 $8,575 $0 $0
2014 $375 $9,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2025

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    213 in this area

    1,408 Total Sales

    Dean Harris
    Section Image

  • D

    Buyer's Agent in 2025

    Deborah Williams

    4 Success Realty, LLC

    (901) 359-6968

    20 in this area

    155 Total Sales

    Deborah Williams
    Section Image
  • Caleb Parr

    Seller's Agent in 2022

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    42 in this area

    407 Total Sales

    Caleb Parr
    Section Image
  • Caleb Hall

    Buyer's Agent in 2022

    Caleb Hall

    Keller Williams

    (901) 550-9021

    19 in this area

    143 Total Sales

    Caleb Hall
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185227

Memphis Area Association of REALTORS®

APN: 07-1048-F0-0169

Tennessee Shelby County Memphis 38127 Frayser

2477 Labonte Dr, Memphis, TN

Not Listed for Sale

Detached

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