NOT LISTED FOR SALE

2861 McVay Trail Dr Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $228,458 - $245,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $178,500 $99 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,470/month

47 Days on Market

Highlights

  • Deck
  • Great Room
  • 2 Car Attached Garage
  • Traditional Architecture
  • Den with Fireplace
  • Breakfast Bar

About This Home

As of February 2021

Brick, all on one level with open floorplan across the back. Split bedroom plan with master on right and foyer between the master and the other two bedrooms. The great room is across the back and open to the kitchen with a breakfast bar between them.

Last Agent to Sell the Property

Sherry Harbur

Harbur Realty License #274284 Listed on: 12/08/2020

Harbur Realty

Last Buyer's Agent

Mike Anderson

Keller Williams License #294508

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1984

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x131
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,701 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Great Room
  • Den with Fireplace

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Mcvay Place Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081071 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,482

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 783I
  • MAAR Subdivision Name: MCVAY PLACE SEC D
  • List Price Per Sq Ft: 103
  • Number Of Stories: 1
  • Price Per Sq Ft: 104.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1701
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Great Room, Breakfast Bar, Island In Kitchen, W/D Connection in Kitchen
  • Master Bedroom: Level 1, Full Bath
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 18
  • Acreage: 0.27
  • Lot Size: 90X131
  • Price Per Acre: 648148

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081071 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 29, 2021
Sold by
Jones Paul M
Bought by
Yamasa Co Ltd
Seller's Agent
Sherry Harbur
Harbur Realty
Buyer's Agent
Mike Anderson
Keller Williams
List Price
$175,000
Sold Price
$178,500
Premium/Discount to List
$3,500
2%
Current Estimated Value
$245,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,422
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Wright Jackie
Bought by
Jones Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
7.08%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 1999
Sold by
Kline Alan M and Kline Robert
Bought by
Wright Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,275
Interest Rate
7.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 1997
Sold by
Buchanan Donald L and Buchanan Ashley P
Bought by
Kline Alan M and Kline Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,736
Interest Rate
7.98%
Mortgage Type
FHA
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
Yamasa Co Ltd $175,800 Realty Title & Escrow
Jones Paul M $129,900 --
Wright Jackie $128,000 --
Kline Alan M $112,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Paul M $130,663
Previous Owner Jones Paul M $129,900
Previous Owner Wright Jackie $118,275
Previous Owner Wright Jackie $118,275
Previous Owner Wright Jackie $118,275
Previous Owner Kline Alan M $110,736
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $178,500 +2.0% $112 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $175,000 -- $109 / 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 $1,482 $57,975 $8,500 $49,475
2024 $1,482 $43,725 $7,650 $36,075
2023 $2,664 $43,725 $7,650 $36,075
2022 $2,664 $43,725 $7,650 $36,075
2021 $1,509 $43,725 $7,650 $36,075
2020 $2,237 $30,875 $6,450 $24,425
2019 $987 $30,875 $6,450 $24,425
2018 $987 $30,875 $6,450 $24,425
2017 $1,010 $30,875 $6,450 $24,425
2016 $1,268 $29,025 $0 $0
2014 $1,268 $29,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Harbur

    Seller's Agent in 2021

    Sherry Harbur

    Harbur Realty

    (901) 496-8193

    3 in this area

    80 Total Sales

    Section Image
  • Mike Anderson

    Buyer's Agent in 2021

    Mike Anderson

    Keller Williams

    (901) 570-0603

    2 in this area

    1,255 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090084

Memphis Area Association of REALTORS®

APN: 08-1071-0-0016

Tennessee Shelby County Memphis 38119 Shady Grove

2861 McVay Trail Dr, Memphis, TN

This home is located at 2861 McVay Trail Dr, Memphis, TN 38119 since 08 December 2020 and is currently estimated at $236,615, approximately $131 per square foot. This property was built in 1984. 2861 McVay Trail Dr is a home located in Shelby County with nearby schools including Oak Forest Elementary, Ridgeway Middle School, and Ridgeway High School.

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