NOT LISTED FOR SALE

2712 Select Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $115,000 - $135,000

3 Beds
1 Bath
896 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $127,000 $142 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $681/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • 4-minute walk to Lewis-Davis Park

About This Home

As of July 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $850 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 02/07/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Fraternal Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061035 00032

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ORANGE MOUND
  • List Price Per Sq Ft: 142
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 896
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 104
  • Acreage: 0.11
  • Lot Size: 40X125

Tax Info

  • Assessor Parcel Number: 061035 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Jul 28, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Shaver Craig and Shaver Emma
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$127,000
Sold Price
$127,000
Current Estimated Value
$124,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,854
Avg. Annual Appreciation
-0.66%
Original Mortgage
$89,250
Outstanding Balance
$85,507
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$38,639

Purchase Details

Closed on
Jan 27, 2022
Sold by
Joe Sledge Billy and Joe Shirley S
Bought by
Memphis Investment Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
3.22%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shaver Craig $127,000 Delta Title Services
Memphis Investment Properties $8,000 Delta Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaver Craig $89,250
Previous Owner Memphis Investment Properties $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $127,000 0.0% $142 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $127,000 -- $142 / 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 $397 $27,400 $1,625 $25,775
2024 $397 $11,700 $750 $10,950
2023 $713 $11,700 $750 $10,950
2022 $292 $4,800 $750 $4,050
2021 $166 $4,800 $750 $4,050
2020 $293 $4,050 $750 $3,300
2019 $129 $4,050 $750 $3,300
2018 $129 $4,050 $750 $3,300
2017 $133 $4,050 $750 $3,300
2016 $209 $4,775 $0 $0
2014 $209 $4,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    19 in this area

    350 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    19 in this area

    365 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117368

Memphis Area Association of REALTORS®

APN: 06-1035-0-0032

Tennessee Shelby County Memphis 38114 Orange Mound

2712 Select Ave, Memphis, TN

Not Listed for Sale

Detached

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