NOT LISTED FOR SALE

2840 Allen Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $123,000 - $146,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$87/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $89,000 $56 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $797/month

About This Home

As of April 2022

Attention investors! Check out this cash-flowing investment opportunity. This property is already occupied and cash flowing for $850/Month with a lease expiring on 07/31/2022. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 03/08/2022

Last Buyer's Agent

Lawson Roberts

KAIZEN Realty, LLC License #358842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1950

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 75x289

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,463 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • James Improvement Company Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083018 00044

Home Details

Home Type

Single Family

Est. Annual Taxes

$733

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 734B
  • MAAR Subdivision Name: JAMES IMPROVEMENT CO
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 60.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1463
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 32
  • Acreage: 0.49
  • Lot Size: 75X289
  • Price Per Acre: 224286

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 083018 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Apr 3, 2021
Sold by
Creech Patricia Dale and Galloway Charlene
Bought by
Williams Trevor
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$139,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,304
Avg. Annual Appreciation
19.03%

Purchase Details

Closed on
Oct 24, 2004
Sold by
Cossar James M and Cossar Mildred Idell
Bought by
Galloway Charlene S and Creech Patricia Dale
Source: Public Records

Range of Values:

Collateral Analytics

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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
Williams Trevor $60,000 Local Title Llc
Galloway Charlene S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Trevor Alan $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $89,000 -19.0% $64 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $109,900 +83.2% $79 / Sq Ft
05/17/2021 05/17/21 Sold $60,000 0.0% $43 / Sq Ft
05/17/2021 05/17/21 For Sale $60,000 -- $43 / 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 $733 $33,100 $2,425 $30,675
2024 $733 $21,625 $2,150 $19,475
2023 $1,317 $21,625 $2,150 $19,475
2022 $1,317 $21,625 $2,150 $19,475
2021 $587 $21,625 $2,150 $19,475
2020 $978 $13,500 $2,150 $11,350
2019 $431 $13,500 $2,150 $11,350
2018 $431 $13,500 $2,150 $11,350
2017 $442 $13,500 $2,150 $11,350
2016 $572 $13,100 $0 $0
2014 $572 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2022

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    115 in this area

    1,428 Total Sales

    Dean Harris
    Section Image

  • L

    Buyer's Agent in 2022

    Lawson Roberts

    KAIZEN Realty, LLC

    (614) 302-8248

    18 in this area

    180 Total Sales

    Lawson Roberts
    Section Image

  • N

    Seller's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119037

Memphis Area Association of REALTORS®

APN: 08-3018-0-0044

Tennessee Shelby County Memphis 38128 Raleigh

2840 Allen Rd, Memphis, TN

This home is located at 2840 Allen Rd, Memphis, TN 38128 since 08 March 2022 and is currently estimated at $139,304, approximately $87 per square foot. This property was built in 1950. 2840 Allen Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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