$110,000
SOLD SEP 12, 2025

2559 Wellons Ave Memphis, TN 38127

Frayser Neighborhood
3 Beds
1 Bath
1,000-1,199 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

4% Below List Price

63 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Living Room
  • Remodeled Bathroom

About This Home

As of September 2025

NEW Tenant moving in $1135/month!- Home completely remodeled and rent ready in a booming rental market. Great addition to your cash flow and investment portfolio. No wholesalers or owner financed offers. Property is currently vacant.

Last Agent to Sell the Property

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 06/13/2025

Co-Listed By

Marissa Miller

The Stamps Real Estate Company License #373371

Last Buyer's Agent

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 06/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $735

Year Built

  • Built in 1989

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59x120
  • Landscaped Professionally
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,026 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • St Elmo 7Th Addn Rev Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 H00142

Home Details

Home Type

Single Family

Est. Annual Taxes

$735

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725D
  • MAAR Subdivision Name: ST ELMO 7TH ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 107.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1026
  • Year Built: 1989
  • List Price/ Sq Ft: 112
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: 548
  • Acreage: 0.16
  • Lot Size: 59X120
  • Price Per Acre: 718750
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071048 H00142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Sep 16, 2025
Sold by
Cash And Jamie Cockerill Living Trust and Cockerill Cash Wrede
Bought by
Diane Koehler Living Trust and Kohler
Seller's Agent
Brett Bernard
The Stamps Real Estate Company
Buyer's Agent
Brett Bernard
The Stamps Real Estate Company
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.46%

Purchase Details

Closed on
Feb 1, 2024
Sold by
Cockerill Jamie Francine
Bought by
Cash And Jamie Cockerill Living Trust and Cockerill

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 19, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Cockerill Jamie Francine
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$83,900
Sold Price
$87,500
Premium/Discount to List
$3,600
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Nov 30, 2020
Sold by
Lark Aliccia Ann
Bought by
Memphis Investment Properties 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
$60,680
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2020
Sold by
Lark Beverly
Bought by
Lark Aliccia Ann
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 Type Sale Price Title Company
Warranty Deed $110,000 Title Assurance & Escrow
Quit Claim Deed -- None Listed On Document
Warranty Deed $87,500 Delta Title Services Llc
Warranty Deed $35,000 Delta Title Services Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,680 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 Sold $110,000 -4.3% $110 / Sq Ft
08/15/2025 08/15/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $115,000 +31.4% $115 / Sq Ft
04/07/2021 04/07/21 Sold $87,500 +4.3% $88 / Sq Ft View Prior Sale
12/04/2020 12/04/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $83,900 -- $84 / 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 $735 $30,950 $2,375 $28,575
2024 $735 $21,675 $2,025 $19,650
2023 $1,320 $21,675 $2,025 $19,650
2022 $1,320 $21,675 $2,025 $19,650
2021 $1,200 $16,575 $2,025 $14,550
2020 $788 $10,875 $2,025 $8,850
2019 $348 $10,875 $2,025 $8,850
2018 $348 $10,875 $2,025 $8,850
2017 $356 $10,875 $2,025 $8,850
2016 $473 $10,825 $0 $0
2014 $473 $10,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Bernard

    Seller's Agent in 2025

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    80 in this area

    230 Total Sales

    Brett Bernard
    Section Image
  • Marissa Miller

    Seller Co-Listing Agent in 2025

    Marissa Miller

    The Stamps Real Estate Company

    (850) 490-3951

    4 in this area

    19 Total Sales

    Marissa Miller
    Section Image
  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    71 in this area

    402 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    70 in this area

    419 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10198974

Memphis Area Association of REALTORS®

APN: 07-1048-H0-0142

Tennessee Shelby County Memphis 38127 Frayser

2559 Wellons Ave, Memphis, TN

This home is located at 2559 Wellons Ave, Memphis, TN 38127 and is currently priced at $110,000, approximately $91 per square foot. This property was built in 1989. 2559 Wellons Ave is a home located in Shelby County with nearby schools including Hawkins Mill Elementary School, Georgian Hills Middle School, and Trezevant High School.

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