NOT LISTED FOR SALE

2573 Capewood Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $114,000 - $154,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $89,900 $45 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $777/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Separate Formal Living Room
  • Fireplace in Hearth Room
  • Soft Contemporary Architecture
  • Keeping Room

About This Home

As of May 2020

Completely renovated and restored four bedroom house on one level.

Last Agent to Sell the Property

Larry Alexander

REMAX Experts License #208488 Listed on: 03/19/2020

REMAX Experts

Last Buyer's Agent

Jason Davis

Keller Williams Realty License #341349

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1962

Lot Details

  • 10,454 Sq Ft Lot
  • Chain Link Fence
  • Brick Fence
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,834 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Breakfast Room
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Grandview Heights 1St Addn Re Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 072047 00091

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 727D
  • MAAR Subdivision Name: GRANDVIEW HEIGHTS 1ST ADD
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 49.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1834
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Tile Floor
  • Bedroom 3 Description: Level 1, Tile Floor
  • Bedroom 4 Description: Level 1, Tile Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, In Keeping/Hearth room
  • Floors/Ceilings: Tile, Textured Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Separate Breakfast Room, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Vaulted/Coffered Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Brick or Stone Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Iron Door(s)

Lot Info

  • Lot Description: Some Trees, Chain Fenced, Brick/Stone Fenced
  • Lot Number: 21
  • Acreage: 0.24
  • Lot Size: 10,858 SF
  • Price Per Acre: 374583

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 072047 00091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 29, 2020
Sold by
Frayser Community Development Corp Inc
Bought by
Cheatham Timandra L
Seller's Agent
Larry Alexander
REMAX Experts
Buyer's Agent
Jason Davis
Keller Williams Realty
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$131,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,055
Avg. Annual Appreciation
7.59%
Original Mortgage
$85,388
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2019
Sold by
Savage Properties Llc
Bought by
Frayser Community Development Corp

Purchase Details

Closed on
Aug 29, 2014
Sold by
Jbj Properties Llc
Bought by
Savage Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2014
Sold by
Stubbs Billy R and Stubbs Phoebe R
Bought by
Jbj Properties

Purchase Details

Closed on
Nov 28, 2011
Sold by
Stubbs Billy R
Bought by
Ground Breaking Enterprises Llc

Purchase Details

Closed on
Feb 1, 2006
Sold by
Household Mtg Funding Corp Iii
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jan 25, 2006
Sold by
Household Financial Center Inc
Bought by
Stubbs Billy L

Purchase Details

Closed on
May 12, 2005
Sold by
Lewis Angela
Bought by
Housing Mtg Funding Corp Iii

Purchase Details

Closed on
Dec 22, 2000
Sold by
Harper Macilyn
Bought by
Lewis Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
10.41%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Donald Baggett
Bought by
Hud
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
Cheatham Timandra L $89,900 Saddle Creek Title Llc
Frayser Community Development Corp -- None Available
Savage Properties Llc $321,800 None Available
Jbj Properties $12,000 None Available
Ground Breaking Enterprises Llc $78,558 None Available
Hsbc Mortgage Services Inc $57,000 Resource Title Agency Of Tn
Stubbs Billy L $57,000 Resource Title Agency Of Tn
Housing Mtg Funding Corp Iii $67,735 --
Lewis Angela $70,000 --
Hud $64,841 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheatham Timandra L $85,388
Previous Owner Savage Properties Llc $200,200
Previous Owner Stubbs Billy R $83,700
Previous Owner Stubbs Billy $68,250
Previous Owner Lewis Angela $70,000
Previous Owner Baggett Donald $24,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $89,900 0.0% $50 / Sq Ft
03/19/2020 03/19/20 For Sale $89,900 -- $50 / 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 $725 $31,075 $3,000 $28,075
2024 $725 $21,400 $2,250 $19,150
2023 $1,304 $21,400 $2,250 $19,150
2022 $1,304 $21,400 $2,250 $19,150
2021 $1,319 $21,400 $2,250 $19,150
2020 $998 $13,775 $2,250 $11,525
2019 $440 $13,775 $2,250 $11,525
2018 $440 $13,775 $2,250 $11,525
2017 $451 $13,775 $2,250 $11,525
2016 $580 $13,275 $0 $0
2014 $580 $13,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Alexander

    Seller's Agent in 2020

    Larry Alexander

    RE/MAX

    (901) 454-0858

    8 in this area

    33 Total Sales

    Larry Alexander
    Section Image
  • Jason Davis

    Buyer's Agent in 2020

    Jason Davis

    Keller Williams Realty

    (901) 791-1098

    2 in this area

    95 Total Sales

    Jason Davis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073259

Memphis Area Association of REALTORS®

APN: 07-2047-0-0091

Tennessee Shelby County Memphis 38127 Frayser

2573 Capewood Dr, Memphis, TN

This home is located at 2573 Capewood Dr, Memphis, TN 38127 since 19 March 2020 and is currently estimated at $131,955, approximately $66 per square foot. This property was built in 1962. 2573 Capewood Dr is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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