NOT LISTED FOR SALE

2784 Lola Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $51,000 - $133,272

3 Beds
1 Bath
1,200-1,399 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $32,900 $24 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $557/month

133 Days on Market

About This Home

As of July 2022

Fantastic opportunity in Fairhills! Demolition work already done and ready for you to finish the home to your liking!! Very solid structurally, framing exposed and sturdy - ready for rough-ins, as you please. Home sits on a gentle hill, 7710 square foot / 0.176 acre lot. 3 bedrooms, 1 bathroom, 1214 square feet. New construction will commence soon on the lot next door at 2788 Lola Ave, so get this one before values jump in the summer! Seller financing available. Please do all due diligence.

Last Agent to Sell the Property

Tyler Bowman

Weichert, REALTORS-BenchMark License #333215 Listed on: 02/23/2022

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Tyler Bowman

Weichert, REALTORS-BenchMark License #333215 Listed on: 02/23/2022

Weichert, REALTORS-BenchMark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x118

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,237 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Fairhill Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059033 00018

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 757H
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1237
  • Year Built: 1953
  • 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
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Lot Info

  • Lot Number: 32
  • Acreage: 0.17
  • Lot Size: 60X118
  • Price Per Acre: 191176

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 059033 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Mid South Homebuyers Gp
Bought by
Pellegrini Vincent
Current Estimated Value
$95,068

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jul 22, 2022
Sold by
Py Properties Llc
Bought by
Mid South Home Buyers Gp
Seller's Agent
Tyler Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Tyler Bowman
Weichert, REALTORS-BenchMark
List Price
$32,900
Sold Price
$32,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.47%

Purchase Details

Closed on
Feb 23, 2022
Sold by
Professional Touch Llc
Bought by
Py Properties Llc

Purchase Details

Closed on
Nov 7, 2016
Sold by
Bonner Jacqueline
Bought by
Professional Touch Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Gilkey Mary D and Richardson Mary D
Bought by
Bonner Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1998
Sold by
Cn Properties
Bought by
Gilkey Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,300
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 1997
Sold by
Reliance Mtg & Realty Co
Bought by
Cn 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
$18,000
Interest Rate
7.6%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Philip John B
Bought by
Reliance Mtg & Realty Company
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
Pellegrini Vincent $136,700 None Listed On Document
Mid South Home Buyers Gp $32,900 Apperson Crump Plc
Py Properties Llc $14,025 None Listed On Document
Py Properties Llc $14,025 None Listed On Document
Professional Touch Llc -- None Available
Bonner Jacqueline $57,000 First Natl Fincl Title Svcs
Gilkey Mary D $44,000 --
Cn Properties Llc $18,000 --
Reliance Mtg & Realty Company $37,652 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonner Jacqueline $54,150
Previous Owner Gilkey Mary D $45,300
Previous Owner Cn Properties Llc $18,000
Closed Gilkey Mary D $1,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $32,900 +1.2% $27 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/03/2022 07/03/22 Price Changed $32,500 -1.2% $27 / Sq Ft
02/23/2022 02/23/22 For Sale $32,900 -- $27 / 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 -- $34,000 $2,450 $31,550
2024 $475 $14,025 $1,000 $13,025
2023 $854 $14,025 $1,000 $13,025
2022 $854 $14,025 $1,000 $13,025
2021 $1,015 $14,025 $1,000 $13,025
2020 $574 $7,925 $1,000 $6,925
2019 $253 $7,925 $1,000 $6,925
2018 $253 $7,925 $1,000 $6,925
2017 $259 $7,925 $1,000 $6,925
2016 $422 $9,650 $0 $0
2014 $422 $9,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Bowman

    Seller's Agent in 2022

    Tyler Bowman

    Weichert, REALTORS-BenchMark

    (901) 517-8564

    5 in this area

    98 Total Sales

    Tyler Bowman
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118183

Memphis Area Association of REALTORS®

APN: 05-9033-0-0018

Tennessee Shelby County Memphis 38114 Southeast Memphis

2784 Lola Ave, Memphis, TN

This home is located at 2784 Lola Ave, Memphis, TN 38114 since 23 February 2022 and is currently estimated at $95,068, approximately $67 per square foot. This property was built in 1953. 2784 Lola Ave is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Compass Community School Orange Mound Campus.

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