NOT LISTED FOR SALE

2861 Lake Park Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $111,000 - $132,000

3 Beds
1.5 Baths
908 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $100,000 $110 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $693/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Landscaped
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of January 2022

Newly Renovated attractive family home. Everything updated and new flooring throughout the home. Nice front porch for relaxing and entertainment. A Must See!

Last Agent to Sell the Property

Leah Douglas-Wooten

Progressive Realty Services License #241842 Listed on: 12/15/2021

Last Buyer's Agent

Matt Holt

Premier Realty Group, LLC License #310529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1986

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 95x114
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 908 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Updated Kitchen

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Home Security

  • Monitored
  • Iron Doors

Utilities

  • Central Heating and Cooling System

Community Details

  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072121 A00066

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: SCHOOLFIELD ST ELMO
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1
  • Price Per Sq Ft: 110.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 908
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Monitored Alarm System

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 65
  • Acreage: 0.23
  • Lot Size: 95X114
  • Price Per Acre: 434783

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072121 A00066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 13, 2022
Sold by
Dnk Investments Llc
Bought by
Boylan Caitlin
Seller's Agent
Leah Douglas-Wooten
Progressive Realty Services
Buyer's Agent
Matt Holt
Premier Realty Group, LLC
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$120,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,738
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Jan 18, 2019
Sold by
Mdm Investments Of Memphis Llc
Bought by
Dnk Investments Llc

Purchase Details

Closed on
Jan 4, 2018
Sold by
Move In Investments Inc
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
Nov 18, 2013
Sold by
County Of Shelby
Bought by
Move In Investments Inc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Not Provided
Bought by
Hud

Purchase Details

Closed on
Apr 21, 1999
Sold by
James Arnett and James Sallie
Bought by
Smith Martha Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,961
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1994
Bought by
Beverly Ector
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
Boylan Caitlin $100,000 Preferred Title & Escrow Llc
Dnk Investments Llc $35,000 Baymark Title & Escrow Svcs
Mdm Investments Of Memphis Llc -- Baymark Title And Escrow
Move In Investments Inc -- None Available
Hud $51,747 None Available
Smith Martha Ann $47,500 --
Beverly Ector $42,656 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Martha Ann $47,961
Closed Smith Martha Ann $3,158
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $100,000 0.0% $110 / Sq Ft
12/15/2021 12/15/21 For Sale $100,000 -- $110 / 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 $27,575 $2,750 $24,825
2024 $636 $18,775 $1,925 $16,850
2023 $1,144 $18,775 $1,925 $16,850
2022 $833 $13,675 $1,925 $11,750
2021 $990 $13,675 $1,925 $11,750
2020 $804 $11,100 $1,925 $9,175
2019 $355 $11,100 $1,925 $9,175
2018 $355 $11,100 $1,925 $9,175
2017 $363 $11,100 $1,925 $9,175
2016 $350 $8,000 $0 $0
2014 $350 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leah Douglas-Wooten

    Seller's Agent in 2022

    Leah Douglas-Wooten

    Progressive Realty Services

    (901) 859-7637

    3 in this area

    47 Total Sales

    Leah Douglas-Wooten
    Section Image
  • Matt Holt

    Buyer's Agent in 2022

    Matt Holt

    Premier Realty Group, LLC

    (901) 820-4367

    2 in this area

    27 Total Sales

    Matt Holt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114340

Memphis Area Association of REALTORS®

APN: 07-2121-A0-0066

Tennessee Shelby County Memphis 38127 Frayser

2861 Lake Park Rd, Memphis, TN

This home is located at 2861 Lake Park Rd, Memphis, TN 38127 since 15 December 2021 and is currently estimated at $120,738, approximately $132 per square foot. This property was built in 1986. 2861 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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