NOT LISTED FOR SALE

2850 Walnut Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $95,000 - $138,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $51,000 $28 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $701/month

40 Days on Market

About This Home

As of July 2018

This home is a potential investment property. Drive-By Showings only. All showings are to take place after the contract is ratified during the buyers inspection period. This home is occupied for $750/month and the lease runs out on 05/04/2020.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 05/17/2018

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 05/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 75 x 226.58

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,695 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • H L Gregory's Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083020 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 734B
  • MAAR Subdivision Name: H L GREGORY
  • List Price Per Sq Ft: 32
  • Number Of Stories: 1
  • Price Per Sq Ft: 30.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1695
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 5
  • Acreage: 0.4
  • Lot Size: 75 X 226.58
  • Price Per Acre: 135000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 083020 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Baukus Nicholas
Bought by
Pallsade Llc
Current Estimated Value
$119,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$40,648
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$79,239

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 6, 2018
Sold by
Thw Rollover Ira Llc
Bought by
Bankus Nicholas
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$54,000
Sold Price
$51,000
Premium/Discount to List
-$3,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$40,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2017
Sold by
Investor S Network Llc
Bought by
Thw Rollover Ira Llc

Purchase Details

Closed on
Dec 18, 2015
Sold by
Visio Financial Services Inc
Bought by
Seeds For Life 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
$50,000
Interest Rate
3.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 6, 2015
Sold by
Taylor Shasta
Bought by
Afs Lending Services Vi Llc

Purchase Details

Closed on
Feb 11, 2015
Sold by
Seeds For Life Properties Llc
Bought by
Investor Network Llc

Purchase Details

Closed on
May 5, 2014
Sold by
Burls John
Bought by
Taylor Shasta

Purchase Details

Closed on
Nov 15, 2005
Sold by
Bank One Na
Bought by
Burls John

Purchase Details

Closed on
Mar 24, 2005
Sold by
Pegues Demetri C
Bought by
Bank One Na and Saxon Mortgage Services Inc

Purchase Details

Closed on
Mar 27, 2002
Sold by
Hood Riley Crannon
Bought by
Pegues Demetri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600
Interest Rate
6.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1997
Sold by
Carter Tami W
Bought by
Hood Riley Crannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.19%
Mortgage Type
VA
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
Pallsade Llc $62,500 Saddle Creek Title Llc
Bankus Nicholas $51,000 Close Trak Closing & Title S
Thw Rollover Ira Llc $50,000 None Available
Seeds For Life Properties Llc $25,000 Saddle Creek Title Llc
Afs Lending Services Vi Llc $49,226 Attorney
Investor Network Llc $35,000 Saddle Creek Title Llc
Taylor Shasta -- None Available
Burls John $36,000 --
Bank One Na $72,140 --
Pegues Demetri C $69,500 --
Hood Riley Crannon $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallsade Llc $52,500
Previous Owner Bankus Nicholas $40,800
Previous Owner Investors Network Llc $50,000
Previous Owner Taylor Shasta $35,510
Previous Owner Burls John $60,000
Previous Owner Pegues Demetri C $8,123
Previous Owner Hood Riley Crannon $3,600
Previous Owner Pegues Demetri C $64,800
Previous Owner Hood Riley Crannon $57,981
Previous Owner Hood Riley Crannon $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $51,000 -5.6% $32 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $54,000 -- $34 / 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 $636 $28,425 $2,175 $26,250
2024 $636 $18,775 $1,950 $16,825
2023 $1,144 $18,775 $1,950 $16,825
2022 $1,144 $18,775 $1,950 $16,825
2021 $648 $18,775 $1,950 $16,825
2020 $1,054 $14,550 $1,950 $12,600
2019 $465 $14,550 $1,950 $12,600
2018 $465 $14,550 $1,950 $12,600
2017 $476 $14,550 $1,950 $12,600
2016 $593 $13,575 $0 $0
2014 $593 $13,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2018

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    116 in this area

    1,431 Total Sales

    Dean Harris
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027506

Memphis Area Association of REALTORS®

APN: 08-3020-0-0042

Tennessee Shelby County Memphis 38128 Raleigh

2850 Walnut Rd, Memphis, TN

This home is located at 2850 Walnut Rd, Memphis, TN 38128 since 17 May 2018 and is currently estimated at $119,887, approximately $66 per square foot. This property was built in 1955. 2850 Walnut Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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