NOT LISTED FOR SALE

2517 Monette Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $102,000 - $145,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$72/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $66,000 $37 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $758/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Central Air

About This Home

As of December 2016

This home is located at 2517 Monette Ave, Memphis, TN 38127 since 14 November 2016 and is currently estimated at $129,224, approximately $80 per square foot. This property was built in 1963. 2517 Monette Ave is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

Last Agent to Sell the Property

Fred Sengstacke

KAIZEN Realty, LLC License #320751 Listed on: 11/14/2016

KAIZEN Realty, LLC

Last Buyer's Agent

Fred Sengstacke

KAIZEN Realty, LLC License #320751 Listed on: 11/14/2016

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,701 Sq Ft Home
  • 1.7-Story Property
  • Popcorn or blown ceiling
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Location

  • Ground Level
  • Upper Level

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Oak Grove Park Re S/D Of Pt Graham He Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072065 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$664

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 727B
  • MAAR Subdivision Name: OAK GROVE PARK
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1.7
  • Price Per Sq Ft: 38.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1701
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Textured Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 158
  • Acreage: 0.25
  • Lot Size: .25 acre/10920 SqF
  • Price Per Acre: 264000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 072065 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 15, 2016
Sold by
Partee Terrica
Bought by
Fowler Eric
Seller's Agent
Fred Sengstacke
KAIZEN Realty, LLC
Buyer's Agent
Fred Sengstacke
KAIZEN Realty, LLC
List Price
$66,000
Sold Price
$66,000
Current Estimated Value
$129,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,224
Avg. Annual Appreciation
5.46%
Original Mortgage
$64,804
Outstanding Balance
$53,234
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$51,656

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 10, 2015
Sold by
Molinary Elizabeth B
Bought by
Partee Terrica
Seller's Agent
Crystal Mitchell
Crye-Leike Inc., REALTORS
Buyer's Agent
Arvinia Strange
KAIZEN Realty, LLC
List Price
$38,500
Sold Price
$28,000
Premium/Discount to List
-$10,500
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.78%

Purchase Details

Closed on
Apr 7, 2004
Sold by
Molinary Elizabeth B
Bought by
Molinary Elizabeth B and Elizabeth B Molinary Revocable Living Tr

Purchase Details

Closed on
Dec 1, 2003
Sold by
Molinary Samuel V
Bought by
Molinary Elizabeth B
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
Fowler Eric $66,000 None Available
Partee Terrica $28,000 Realty Title & Escrow Co Inc
Molinary Elizabeth B -- --
Molinary Elizabeth B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Eric $2,136
Open Fowler Eric $64,804
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $66,000 0.0% $41 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $66,000 +135.7% $41 / Sq Ft
12/11/2015 12/11/15 Sold $28,000 -27.3% $18 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $38,500 -- $24 / 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 $664 $36,300 $2,275 $34,025
2024 $664 $19,600 $1,825 $17,775
2023 $1,194 $19,600 $1,825 $17,775
2022 $1,194 $19,600 $1,825 $17,775
2021 $1,208 $19,600 $1,825 $17,775
2020 $1,159 $16,000 $1,825 $14,175
2019 $1,159 $16,000 $1,825 $14,175
2018 $1,159 $16,000 $1,825 $14,175
2017 $658 $16,000 $1,825 $14,175
2016 $622 $14,225 $0 $0
2014 $622 $14,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Sengstacke

    Seller's Agent in 2016

    Fred Sengstacke

    KAIZEN Realty, LLC

    (901) 674-0837

    19 in this area

    51 Total Sales

    Fred Sengstacke
    Section Image
  • Crystal Mitchell

    Seller's Agent in 2015

    Crystal Mitchell

    Crye-Leike

    (901) 461-6828

    1 in this area

    47 Total Sales

    Crystal Mitchell
    Section Image

  • A

    Buyer's Agent in 2015

    Arvinia Strange

    KAIZEN Realty, LLC

    (901) 221-4041

    10 Total Sales

    Arvinia Strange
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9990702

Memphis Area Association of REALTORS®

APN: 07-2065-0-0001

Tennessee Shelby County Memphis 38127 Frayser

2517 Monette Ave, Memphis, TN

This home is located at 2517 Monette Ave, Memphis, TN 38127 since 14 November 2016 and is currently estimated at $129,224, approximately $71 per square foot. This property was built in 1963. 2517 Monette Ave is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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