NOT LISTED FOR SALE

2788 Lake Park Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $90,000 - $106,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $48,000 $40 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $569/month

105 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Laundry Room
  • Traditional Architecture
  • Storm Windows
  • Storage Room

About This Home

As of November 2017

This home features a spacious living room, kitchen with lots of cabinets, 3 bedroom, 1 1/2 baths, single carport and large yard for the kids to play.

Last Agent to Sell the Property

Kevin Mills

Lawrence Johnson, REALTORS License #273232 Listed on: 06/20/2017

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,153 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Storage Room
  • Laminate Flooring
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Brookmeade Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072104 B00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$531

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: BROOKMEADE ESTATES
  • List Price Per Sq Ft: 42
  • Number Of Stories: 1
  • Price Per Sq Ft: 41.63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1153
  • Year Built: 1966
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Half Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Deck
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 230
  • Acreage: 0.2
  • Lot Size: 8750
  • Price Per Acre: 240000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072104 B00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Nov 6, 2017
Sold by
Cannon Sharon C
Bought by
Williams Tony M and Williams La Tarsa Scott
Seller's Agent
Kevin Mills
Lawrence Johnson, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$52,000
Sold Price
$48,000
Premium/Discount to List
-$4,000
-7.69%
Current Estimated Value
$96,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,490
Avg. Annual Appreciation
9.13%
Original Mortgage
$50,630
Outstanding Balance
$35,988
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,081

Purchase Details

Listed on
Sep 8, 2015
Closed on
Apr 20, 2016
Sold by
The Bank Of New York Mellon
Bought by
Cannon Sharon C
Seller's Agent
Kenneth Tate
Tate Realty and Construction
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$31,000
Sold Price
$19,000
Premium/Discount to List
-$12,000
-38.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.05%

Purchase Details

Closed on
Aug 3, 2015
Sold by
Clay Howard and Clay Janice
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 22, 1999
Sold by
Williams Janice S
Bought by
Clay Howard and Clay Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
12.7%
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
Williams Tony M $48,000 Tri State Title Llc
Cannon Sharon C $19,000 None Available
The Bank Of New York Mellon $55,155 Attorney
Clay Howard -- Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Tony M $50,630
Previous Owner Clay Howard $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $48,000 -7.7% $48 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $52,000 +173.7% $52 / Sq Ft
05/17/2016 05/17/16 Sold $19,000 -38.7% $19 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $31,000 -- $31 / 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 $531 $21,900 $2,750 $19,150
2024 $531 $15,650 $1,925 $13,725
2023 $953 $15,650 $1,925 $13,725
2022 $953 $15,650 $1,925 $13,725
2021 $965 $15,650 $1,925 $13,725
2020 $864 $11,925 $1,925 $10,000
2019 $864 $11,925 $1,925 $10,000
2018 $864 $11,925 $1,925 $10,000
2017 $490 $11,925 $1,925 $10,000
2016 $534 $12,225 $0 $0
2014 $534 $12,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Mills

    Seller's Agent in 2017

    Kevin Mills

    Lawrence Johnson, REALTORS

    (901) 229-6224

    9 in this area

    62 Total Sales

    Kevin Mills
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • K

    Seller's Agent in 2016

    Kenneth Tate

    Tate Realty and Construction

  • C

    Seller Co-Listing Agent in 2016

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    2 in this area

    37 Total Sales

    Carol Tate
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10005240

Memphis Area Association of REALTORS®

APN: 07-2104-B0-0032

Tennessee Shelby County Memphis 38127 Frayser

2788 Lake Park Rd, Memphis, TN

This home is located at 2788 Lake Park Rd, Memphis, TN 38127 since 20 June 2017 and is currently estimated at $96,490, approximately $80 per square foot. This property was built in 1966. 2788 Lake Park Rd is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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