NOT LISTED FOR SALE

2834 Gruber Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $93,000 - $111,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $77,000 $48 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $663/month

Highlights

  • Traditional Architecture
  • Den
  • Tile Flooring
  • 1 Fireplace
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of January 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $795 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

James Wachob

Foundation Property Management License #294924 Listed on: 12/21/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $633

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,595 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkside Revised Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072104 E00051

Home Details

Home Type

Single Family

Est. Annual Taxes

$633

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: PARKSIDE
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1595
  • Year Built: 1955
  • 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 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • 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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 22
  • Acreage: 0.23
  • Lot Size: 10447
  • Price Per Acre: 338696

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072104 E00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Lundgren Kenneth M
Bought by
Off Cedar Llc Series 3
Current Estimated Value
$111,449

Purchase Details

Listed on
Dec 21, 2018
Closed on
Jan 23, 2019
Sold by
Memphis Investment Properties Llc
Bought by
Lundgren Kenneth M
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$77,900
Sold Price
$77,000
Premium/Discount to List
-$900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$61,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2007
Sold by
Stacey Robert G
Bought by
Memphis Investment Properties Llc

Purchase Details

Closed on
Dec 1, 2006
Sold by
Memphis Investment Properties Llc
Bought by
Stacey Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,610
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2006
Sold by
Wells Fargo Bank Na
Bought by
Memphis Investment 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
$47,600
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2006
Sold by
Johnson Kim B
Bought by
Wells Fargo Bank Na and First Franklin Mortgage Loan Trust 2004-
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
Off Cedar Llc Series 3 -- None Listed On Document
Lundgren Kenneth M $77,000 Delta Title Services Llc
Memphis Investment Properties Llc -- Tam Title & Escrow Llc
Stacey Robert G $46,610 Tam Title & Escrow Llc
Memphis Investment Properties Llc $28,000 None Available
Wells Fargo Bank Na $51,705 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Off Cedar Llc Series 3 $99,750
Previous Owner Lundgren Kenneth M $61,600
Previous Owner Stacey Robert G $46,610
Previous Owner Memphis Investment Properties Llc $47,600
Previous Owner Johnson Kim B $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $77,000 -1.2% $55 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/21/2018 12/21/18 For Sale $77,900 -- $56 / 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 $633 $26,475 $2,750 $23,725
2024 $633 $18,675 $1,925 $16,750
2023 $1,138 $18,675 $1,925 $16,750
2022 $633 $18,675 $1,925 $16,750
2021 $1,151 $18,675 $1,925 $16,750
2020 $1,072 $14,800 $1,925 $12,875
2019 $473 $14,800 $1,925 $12,875
2018 $473 $14,800 $1,925 $12,875
2017 $484 $14,800 $1,925 $12,875
2016 $436 $9,975 $0 $0
2014 $436 $9,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2019

    James Wachob

    Foundation Property Management

    (901) 633-1484

    78 in this area

    613 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    77 in this area

    450 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042911

Memphis Area Association of REALTORS®

APN: 07-2104-E0-0051

Tennessee Shelby County Memphis 38127 Frayser

2834 Gruber Dr, Memphis, TN

This home is located at 2834 Gruber Dr, Memphis, TN 38127 since 21 December 2018 and is currently estimated at $102,547, approximately $64 per square foot. This property was built in 1955. 2834 Gruber Dr 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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