NOT LISTED FOR SALE

2738 Steele St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $64,000 - $110,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$74/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $73,000 $61 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $489/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of May 2024

Great investment opportunity. Tenant occupied property. Professionally managed. Rented for $895/mo. 2/1 with a finished attic that could be used as a bonus space or bedroom. DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.

Last Agent to Sell the Property

William Haynes

Crye-Leike, Inc., REALTORS License #355990 Listed on: 03/20/2024

Crye-Leike, Inc., REALTORS

Co-Listed By

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $316

Year Built

  • Built in 1951

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x206
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,005 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Alta Vista 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070031 00044

Home Details

Home Type

Single Family

Est. Annual Taxes

$316

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ALTA VISTA 2ND ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1005
  • Year Built: 1951
  • 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: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Exterior Windows: Wood/Composition, Stone

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 84
  • Acreage: 0.28
  • Lot Size: 75X206

Tax Info

  • Assessor Parcel Number: 070031 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 1, 2024
Sold by
Yai Real Estate Llc
Bought by
Memphis Re 5 Llc
Seller's Agent
William Haynes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$89,000
Sold Price
$73,000
Premium/Discount to List
-$16,000
-17.98%
Views
76
Current Estimated Value
$88,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,541
Avg. Annual Appreciation
14.24%

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 15, 2024
Sold by
Todd Sydney and King Ryan
Bought by
Yai Real Estate Llc
Seller's Agent
William Haynes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$89,000
Sold Price
$73,000
Premium/Discount to List
-$16,000
-17.98%
Views
76

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 14, 2022
Sold by
Sofem Capital Llc
Bought by
King Ryan and Todd Sydney
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
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
-4.45%

Purchase Details

Closed on
Mar 28, 2021
Sold by
Beckham Eugenia D
Bought by
Sofem Capital Llc

Purchase Details

Closed on
Feb 28, 2004
Sold by
Gibson David L
Bought by
Hud

Purchase Details

Closed on
Oct 5, 2001
Sold by
Riley Lucious L
Bought by
Gibson David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,592
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2000
Sold by
Riley Johnetta L
Bought by
Riley Lucious L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,633
Interest Rate
8.14%
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
Memphis Re 5 Llc $81,023 None Listed On Document
Yai Real Estate Llc $73,000 Realty Title & Escrow
King Ryan $80,000 New Title Company Name
Sofem Capital Llc $45,000 Home Surety T&E Llc
Hud $59,899 --
Gibson David L $52,000 --
Riley Lucious L -- Tri State Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson David L $51,592
Previous Owner Riley Lucious L $41,633
Closed Gibson David L $3,547
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $73,000 -13.1% $73 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $84,000 -5.6% $84 / Sq Ft
03/20/2024 03/20/24 For Sale $89,000 +11.3% $89 / Sq Ft
05/16/2022 05/16/22 Sold $80,000 -5.9% $80 / Sq Ft View Prior Sale
05/04/2022 05/04/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $85,000 -- $85 / 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 $316 $24,825 $1,750 $23,075
2024 $316 $9,325 $1,550 $7,775
2023 $568 $9,325 $1,550 $7,775
2022 $568 $9,325 $1,550 $7,775
2021 $575 $9,325 $1,550 $7,775
2020 $453 $6,250 $1,550 $4,700
2019 $200 $6,250 $1,550 $4,700
2018 $200 $6,250 $1,550 $4,700
2017 $204 $6,250 $1,550 $4,700
2016 $270 $6,175 $0 $0
2014 $270 $6,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Haynes

    Seller's Agent in 2024

    William Haynes

    Crye-Leike, Inc., REALTORS

    (865) 454-1124

    40 in this area

    265 Total Sales

    William Haynes
    Section Image
  • Tyler Tapley

    Seller Co-Listing Agent in 2024

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    160 in this area

    1,198 Total Sales

    Tyler Tapley
    Section Image

  • D

    Buyer's Agent in 2024

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    41 in this area

    122 Total Sales

    Duane Kinnard
    Section Image
  • Caleb Parr

    Seller's Agent in 2022

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    40 in this area

    398 Total Sales

    Caleb Parr
    Section Image
  • Dean Harris

    Buyer's Agent in 2022

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    217 in this area

    1,439 Total Sales

    Dean Harris
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168307

Memphis Area Association of REALTORS®

APN: 07-0031-0-0044

Tennessee Shelby County Memphis 38127 Frayser

2738 Steele St, Memphis, TN

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