NOT LISTED FOR SALE

2542 New Raleigh Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $107,000 - $130,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $21,000 $18 Per Sq Ft

Est. 470% increase in value since last sale

Current estimated payment $687/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Porch
  • Central Heating and Cooling System

About This Home

As of November 2013

Foreclosure sale. House is in pretty good shape inside, just needs a little paint and clean up. Huge eat in kitchen. Large lot. AC compressor missing. Roof uncertain.

Last Agent to Sell the Property

Larry Alexander

REMAX Experts License #208488 Listed on: 09/11/2013

REMAX Experts

Last Buyer's Agent

Daniel Johnson

Keller Williams License #325048

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1995

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,072 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • James Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083029 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: JAMES ROAD
  • MLS Map #: 734B
  • MAAR Subdivision Name: JAMES
  • Number Of Stories: 1
  • Price Per Sq Ft: 19.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1072
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Sprayed Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Corner
  • Lot Number: 17&18
  • Acreage: 0.13
  • Lot Size: 80.31 X 155 IRR

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 083029 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 5, 2013
Sold by
The Frayser Community Development Corp
Bought by
Chiltern Investments Llc
Seller's Agent
Larry Alexander
REMAX Experts
Buyer's Agent
Daniel Johnson
Keller Williams
List Price
$22,500
Sold Price
$21,000
Premium/Discount to List
-$1,500
-6.67%
Current Estimated Value
$119,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,635
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Jun 6, 2013
Sold by
The Bank Of New York Mellon
Bought by
The Frayser Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Black Eugene
Bought by
Conner Glenn and Conner Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,050
Interest Rate
11.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2003
Sold by
Ray Lee Investment Co Inc
Bought by
Black Eugene

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
8.8%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Mckinney Grady and Smith Ruby
Bought by
Ray Lee Investment Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.27%
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
Chiltern Investments Llc $21,000 None Available
The Frayser Community Development Corp $14,800 Na Title Corp
Conner Glenn $56,900 None Available
Black Eugene $50,000 Realty Title & Escrow Co
Ray Lee Investment Co Inc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Frayser Community Development Corp $26,000
Previous Owner Conner Glenn $54,050
Previous Owner Black Eugene $45,000
Previous Owner Ray Lee Investment Co Inc $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $21,000 -6.7% $21 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $22,500 -- $23 / 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 $642 $28,475 $1,400 $27,075
2024 $642 $18,950 $1,250 $17,700
2023 $1,154 $18,950 $1,250 $17,700
2022 $1,154 $18,950 $1,250 $17,700
2021 $1,168 $18,950 $1,250 $17,700
2020 $1,523 $21,025 $1,250 $19,775
2019 $1,523 $21,025 $1,250 $19,775
2018 $1,523 $21,025 $1,250 $19,775
2017 $864 $21,025 $1,250 $19,775
2016 $609 $13,925 $0 $0
2014 $609 $13,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Alexander

    Seller's Agent in 2013

    Larry Alexander

    RE/MAX

    (901) 454-0858

    31 Total Sales

    Larry Alexander
    Section Image
  • Daniel Johnson

    Buyer's Agent in 2013

    Daniel Johnson

    Keller Williams

    (901) 568-3387

    12 Total Sales

    Daniel Johnson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3280931

Memphis Area Association of REALTORS®

APN: 08-3029-0-0020

Tennessee Shelby County Memphis 38128 Raleigh

2542 New Raleigh Rd, Memphis, TN

This home is located at 2542 New Raleigh Rd, Memphis, TN 38128 since 11 September 2013 and is currently estimated at $119,635, approximately $99 per square foot. This property was built in 1995. 2542 New Raleigh Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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