NOT LISTED FOR SALE

2802 W Lake Shore Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $131,000 - $166,000

3 Beds
2.5 Baths
1,753 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $17,000 $10 Per Sq Ft

Est. 770% increase in value since last sale

Current estimated payment $849/month

Highlights

  • Deck
  • Great Room
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • 1 Car Attached Garage

About This Home

As of February 2013

Property being sold as-is; large home with addition on rear; has great potential; source of funds or commitment letter required with all offers.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 11/06/2012

Last Buyer's Agent

Barry Less

Leco Realty, Inc. License #281548 Listed on: 11/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1953

Lot Details

  • 0.45 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,753 Sq Ft Home
  • 1.2-Story Property
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Iron Doors

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Sky Lake Sec A Subdivision
  • Mandatory Home Owners Association
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 072117 00045

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727E
  • MAAR Subdivision Name: SKY LAKE SEC A
  • Corporate Own: Yes
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 9.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1753
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Deck
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 66
  • Acreage: 0.45
  • Lot Size: .45 acres

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 072117 00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2013
Sold by
Harris Russell L
Bought by
Harris Cortney L and Harris Russell L
Current Estimated Value
$147,907

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 6, 2013
Sold by
Sdi Funding Llc
Bought by
Harris Russell L
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Barry Less
Leco Realty, Inc.
List Price
$24,000
Sold Price
$17,000
Premium/Discount to List
-$7,000
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%

Purchase Details

Closed on
May 28, 2009
Sold by
Guzman Francisco and Guzman Robin
Bought by
Sdi Funding Llc

Purchase Details

Closed on
Feb 12, 2008
Sold by
Us Bank Na
Bought by
Guzman Fracisco and Guzman Robin

Purchase Details

Closed on
Dec 1, 2006
Sold by
Clerk Ervin and Hayes Madolyn
Bought by
Us Bank Na and Credit Suisse First Boston 2004-Aa1

Purchase Details

Closed on
Jun 30, 2004
Sold by
Walker Walter H and Walker Barbara R
Bought by
Clerk Ervin and Hayes Madolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,075
Interest Rate
9.08%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Harris Cortney L -- None Available
Harris Russell L $17,000 None Available
Sdi Funding Llc $43,000 None Available
Guzman Fracisco $29,000 Tam Title & Escrow Llc
Us Bank Na $69,750 None Available
Clerk Ervin $89,000 Title Enterprises Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clerk Ervin $84,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2013 02/06/13 Sold $17,000 -29.2% $10 / Sq Ft
01/19/2013 01/19/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $24,000 -- $14 / 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 $781 $31,875 $3,375 $28,500
2024 $781 $23,025 $2,600 $20,425
2023 $1,403 $23,025 $2,600 $20,425
2022 $1,403 $23,025 $2,600 $20,425
2021 $1,419 $23,025 $2,600 $20,425
2020 $1,076 $14,850 $2,600 $12,250
2019 $1,076 $14,850 $2,600 $12,250
2018 $1,076 $14,850 $2,600 $12,250
2017 $610 $14,850 $2,600 $12,250
2016 $713 $16,325 $0 $0
2014 $713 $16,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3259395

Memphis Area Association of REALTORS®

APN: 07-2117-0-0045