NOT LISTED FOR SALE

2510 Steele St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $88,000 - $118,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $20,000 $11 Per Sq Ft

Est. 396% increase in value since last sale

Current estimated payment $568/month

Highlights

  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot
  • 1 Car Detached Garage
  • Dining Room
  • 1-Story Property

About This Home

As of July 2022

3 bedroom ranch fixer upper on large lot. Will need major rehabilitation and shows some discoloration on interior. REO AUCTION PROPERTY- Seller DOES NOT ACTIVATE UTILITIES. Buyer should inspect and confirm all listing information prior to making offer. Water cannot be turned on for inspections. Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Buyers

Last Agent to Sell the Property

Lori Brown

Realhome Services & Solutions License #362927 Listed on: 06/22/2022

Last Buyer's Agent

Tiffany Brown

Keller Williams License #335217

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1959

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,660 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
  • Well
  • Septic Tank

Community Details

  • 00506D01 /Es Steele St 210 Ft N Of Hindman Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070029 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: STEELE ST
  • List Price Per Sq Ft: 10
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1660
  • Year Built: 1959
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Well Water, Septic Tank

Lot Info

  • Lot Description: Level
  • Acreage: 0.45
  • Lot Size: 19602

Tax Info

  • Assessor Parcel Number: 070029 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 26, 2022
Sold by
Merrill Lynch Mtg Inc#2006-Af1 and Wilmington Trust Na
Bought by
Brown Lawrence Martinez
Seller's Agent
Lori Brown
Realhome Services & Solutions
Buyer's Agent
Tiffany Brown
Keller Williams
List Price
$15,900
Sold Price
$20,000
Premium/Discount to List
$4,100
25.79%
Current Estimated Value
$99,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,299
Avg. Annual Appreciation
63.73%

Purchase Details

Closed on
May 9, 2022
Sold by
Wilson & Associates Pllc
Bought by
Wilmington Trust National Association and Merrill Lynch Mortgage Investors Trust Mortgage Loan Asset-B

Purchase Details

Closed on
Nov 4, 1997
Sold by
Ware Kenneth W and Ware Regina L
Bought by
Williams Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1996
Bought by
Ware Waverly E and Ware Mary I
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
Brown Lawrence Martinez $20,000 None Listed On Document
Wilmington Trust National Association $30,500 Wilson & Associates Pllc
Williams Karen A $59,000 --
Ware Waverly E $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Karen A $57,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $20,000 +25.8% $13 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $15,900 -- $10 / 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 $576 $24,400 $2,000 $22,400
2024 $576 $17,000 $1,775 $15,225
2023 $1,036 $17,000 $1,775 $15,225
2022 $1,036 $17,000 $1,775 $15,225
2021 $1,048 $17,000 $1,775 $15,225
2020 $822 $11,350 $1,775 $9,575
2019 $363 $11,350 $1,775 $9,575
2018 $363 $11,350 $1,775 $9,575
2017 $371 $11,350 $1,775 $9,575
2016 $579 $13,250 $0 $0
2014 $579 $13,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lori Brown

    Realhome Services & Solutions

    (888) 876-3372

    4 in this area

    703 Total Sales

    Lori Brown
    Section Image
  • Tiffany Brown

    Buyer's Agent in 2022

    Tiffany Brown

    Keller Williams

    (901) 736-2291

    7 in this area

    62 Total Sales

    Tiffany Brown
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127002

Memphis Area Association of REALTORS®

APN: 07-0029-0-0025

Tennessee Shelby County Memphis 38127 Frayser

2510 Steele St, Memphis, TN

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