NOT LISTED FOR SALE

2577 Achaean Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $111,000 - $169,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $80,000 $57 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $829/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property
  • Great Room
  • Central Heating and Cooling System
  • 4-minute walk to Pickett Park

About This Home

As of October 2021

Great Investment Opportunity! Tenant Occupied! Brick Home w/Covered Parking! Professionally Managed! Current rent $750/mo.

Last Agent to Sell the Property

Danny Lipsey

Keller Williams License #267789 Listed on: 08/25/2021

Keller Williams

Co-Listed By

Jo Shaner

Keller Williams License #265130

Last Buyer's Agent

Danny Lipsey

Keller Williams License #267789 Listed on: 08/25/2021

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x110
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,281 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Brookmeade Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 00231

Home Details

Home Type

Single Family

Est. Annual Taxes

$501

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725D
  • MAAR Subdivision Name: BROOKMEADE GARDENS
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1
  • Price Per Sq Ft: 62.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1281
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 60
  • Acreage: 0.17
  • Lot Size: 70X110
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 071048 00231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Watts Thomas E
Bought by
Jupiter Sterling Holdings Llc
Current Estimated Value
$147,858

Purchase Details

Closed on
Nov 21, 2024
Sold by
Jupiter Sterling Holdings Llc
Bought by
Watts Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2022
Sold by
Watts Thomas E
Bought by
Jupiter Sterling Holdings Llc

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 5, 2021
Sold by
Njenga Charles Kimani
Bought by
Watts Thomas E
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Danny Lipsey
Keller Williams
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$64,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2018
Sold by
First Premier Properties Llc
Bought by
Njenga Charles Kimani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 26, 2017
Closed on
Feb 27, 2018
Sold by
Worldwide Property Hub Llc
Bought by
First Premier Properties Llc
Seller's Agent
Gregory Griffin
Franchise Realty, LLC
Buyer's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.83%
Original Mortgage
$47,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 26, 2017
Closed on
Jan 3, 2018
Sold by
Armstrong Flora B
Bought by
Worldwide Property Hub Llc
Seller's Agent
Gregory Griffin
Franchise Realty, LLC
Buyer's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2008
Sold by
Heritage Early Childhood Development Ctr
Bought by
Armstrong Flora B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,467
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2007
Sold by
Jones Timika V
Bought by
Hud

Purchase Details

Closed on
Apr 7, 2004
Sold by
Dawson Issac E
Bought by
Jones Timika V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,048
Interest Rate
5.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jupiter Sterling Holdings Llc -- None Listed On Document
Watts Thomas E -- None Listed On Document
Jupiter Sterling Holdings Llc -- Christopher J Thornton Pc
Watts Thomas E $80,000 None Available
Njenga Charles Kimani $70,000 Nexus Title & Escrow Llc
First Premier Properties Llc $30,000 Delta Title Services Llc
Worldwide Property Hub Llc $28,081 None Available
Armstrong Flora B $68,000 Executive Title & Closing In
Hud $57,205 None Available
Jones Timika V $54,900 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watts Thomas E $64,000
Previous Owner Njenga Charles Kimani $56,000
Previous Owner First Premier Properties Llc $47,000
Previous Owner Armstrong Flora B $67,467
Previous Owner Jones Timika V $54,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Sold $80,000 -5.9% $67 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $85,000 +183.3% $71 / Sq Ft
02/26/2018 02/26/18 Sold $30,000 -24.8% $21 / Sq Ft View Prior Sale
02/13/2018 02/13/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $39,900 -- $29 / 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 $501 $23,925 $2,875 $21,050
2024 $501 $14,775 $2,025 $12,750
2023 $900 $14,775 $2,025 $12,750
2022 $900 $14,775 $2,025 $12,750
2021 $401 $14,775 $2,025 $12,750
2020 $915 $12,625 $2,025 $10,600
2019 $403 $12,625 $2,025 $10,600
2018 $403 $12,625 $2,025 $10,600
2017 $413 $12,625 $2,025 $10,600
2016 $529 $12,100 $0 $0
2014 $529 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Lipsey

    Seller's Agent in 2021

    Danny Lipsey

    Keller Williams

    (901) 261-7918

    5 in this area

    67 Total Sales

    Danny Lipsey
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jo Shaner

    Keller Williams

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jesse Campbell-Taber

    C21 Bob Leigh and Associates

  • Gregory Griffin

    Seller's Agent in 2018

    Gregory Griffin

    Franchise Realty, LLC

    (901) 644-3744

    10 in this area

    132 Total Sales

    Gregory Griffin
    Section Image

  • R

    Buyer's Agent in 2018

    Robert Vaughn

    The Carter Group LLC, REALTORS

    (901) 652-4634

    3 in this area

    22 Total Sales

    Robert Vaughn
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107245

Memphis Area Association of REALTORS®

APN: 07-1048-0-0231

Tennessee Shelby County Memphis 38127 Frayser

2577 Achaean Ave, Memphis, TN

This home is located at 2577 Achaean Ave, Memphis, TN 38127 since 25 August 2021 and is currently estimated at $147,858, approximately $105 per square foot. This property was built in 1969. 2577 Achaean Ave is a home located in Shelby County with nearby schools including Hawkins Mill Elementary School, Georgian Hills Middle School, and Trezevant High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes