NOT LISTED FOR SALE

2512 Parkview Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $145,000 - $193,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $182,900 $131 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,004/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of May 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1250 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/09/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1996

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,284 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Kennedy Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088032 B00044

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 735A
  • MAAR Subdivision Name: KENNEDY PARK
  • List Price Per Sq Ft: 138
  • Number Of Stories: 1
  • Price Per Sq Ft: 142.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1284
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • 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
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 48
  • Acreage: 0.17
  • Lot Size: 7286SF 60X121.4
  • Price Per Acre: 1041176

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 088032 B00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 24, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Stein Jonathan
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$177,000
Sold Price
$182,900
Premium/Discount to List
$5,900
3.33%
Current Estimated Value
$170,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,255
Avg. Annual Appreciation
-3.72%
Original Mortgage
$117,600
Outstanding Balance
$112,124
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$49,641

Purchase Details

Closed on
Feb 28, 2022
Sold by
Michelle Stokes
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2007
Sold by
Smith Louis and Fields Smith Shirley A
Bought by
Stokes Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1996
Bought by
Kenwood Development Co
Source: Public Records

Range of Values:

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Average Value
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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
Stein Jonathan $182,900 Delta Title Services
Memphis Investment Properties Iii Llc $93,000 Delta Title Services
Stokes Michelle $74,500 Preferred Title & Escrow Llc
Kenwood Development Co $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Jonathan $117,600
Previous Owner Memphis Investment Properties Iii Llc $125,000
Previous Owner Stokes Michelle $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $182,900 +3.3% $152 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $177,000 -- $148 / 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 $884 $45,725 $3,000 $42,725
2024 $884 $26,075 $2,400 $23,675
2023 $1,588 $26,075 $2,400 $23,675
2022 $1,170 $19,200 $2,400 $16,800
2021 $662 $19,200 $2,400 $16,800
2020 $1,110 $15,325 $2,400 $12,925
2019 $490 $15,325 $2,400 $12,925
2018 $490 $15,325 $2,400 $12,925
2017 $501 $15,325 $2,400 $12,925
2016 $725 $16,600 $0 $0
2014 $725 $16,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    426 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119317

Memphis Area Association of REALTORS®

APN: 08-8032-B0-0044

Tennessee Shelby County Memphis 38128 Raleigh

2512 Parkview Dr, Memphis, TN

This home is located at 2512 Parkview Dr, Memphis, TN 38128 since 09 March 2022 and is currently estimated at $170,645, approximately $121 per square foot. This property was built in 1996. 2512 Parkview Dr is a home located in Shelby County with nearby schools including Raleigh-Bartlett Meadows School, Craigmont Middle School, and Craigmont High School.

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