NOT LISTED FOR SALE

2864 Mercer Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $59,000 - $111,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $18,000 $11 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $511/month

121 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Storage Room
  • Wood Flooring
  • Patio
  • 5-minute walk to Frayser Park

About This Home

As of July 2016

4Bed/2bath/carport Email offers Sqft is actually 1,500 Very unique home, larger than tax assessor.

Last Agent to Sell the Property

Glenn McDonald

Integrated Assets License #267657 Listed on: 03/27/2016

Last Buyer's Agent

Jill White

Fast Track Realty, LLC License #332230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $532

Year Built

  • Built in 1931

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 998 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Bonus Room
  • Storage Room
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Workshop in Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Woodland Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070084 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$532

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727C
  • MAAR Subdivision Name: Watkins
  • List Price Per Sq Ft: 18
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 998
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Tile Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Dining Room
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Carpet
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 486and487
  • Acreage: 0.27
  • Lot Size: .3
  • Price Per Acre: 66667

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 070084 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Mid South Homebuyers Gp
Bought by
Osuna Orlando J
Current Estimated Value
$85,666

Purchase Details

Closed on
Nov 13, 2019
Sold by
Luo Ming
Bought by
Mid South Homebuyers Gp

Purchase Details

Listed on
Mar 27, 2016
Closed on
Jul 28, 2016
Sold by
Curry Lemont
Bought by
Luo Ming
Seller's Agent
Glenn McDonald
Integrated Assets
Buyer's Agent
Jill White
Fast Track Realty, LLC
List Price
$29,000
Sold Price
$18,000
Premium/Discount to List
-$11,000
-37.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%

Purchase Details

Listed on
Mar 27, 2016
Closed on
Jun 10, 2016
Sold by
Three D Holdings
Bought by
Mercer Land Trust 2864
Seller's Agent
Glenn McDonald
Integrated Assets
Buyer's Agent
Jill White
Fast Track Realty, LLC
List Price
$29,000
Sold Price
$18,000
Premium/Discount to List
-$11,000
-37.93%

Purchase Details

Closed on
Mar 31, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Three D Holdings Lp

Purchase Details

Closed on
Nov 7, 2008
Sold by
Sims Daniel Nathan
Bought by
Deutsche Bank Trust Company Americas and Ixis 2006-He3

Purchase Details

Closed on
Jun 7, 2006
Sold by
Home Owners Unlimited Llc
Bought by
Sims Daniel Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200
Interest Rate
6.49%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 8, 2006
Sold by
Lam Gen Q and Lam Sara Y
Bought by
Home Owners Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 2004
Sold by
Deutsche National Trust Co
Bought by
Lam Gen Q and Lam Sara Y

Purchase Details

Closed on
Apr 11, 2003
Sold by
Hansard Steve
Bought by
Deutsche National Trust Co and Cdc Mortgage Capital Tr Series 2002-He3

Purchase Details

Closed on
Jun 10, 2002
Sold by
Chase Mtg Holdings Inc
Bought by
Hansard Steve M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 28, 2002
Sold by
Davidson Rebecca A
Bought by
Chase Mtg Holdings Inc

Purchase Details

Closed on
Dec 16, 1999
Sold by
Warren Rex
Bought by
Warren Rex

Purchase Details

Closed on
Nov 22, 1999
Sold by
Warren Richard
Bought by
Warren Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,113
Interest Rate
7.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 1999
Sold by
Warren Calvin
Bought by
Warren Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,113
Interest Rate
7.85%
Mortgage Type
Unknown
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
Osuna Orlando J $67,200 Saddle Creek Title Llc
Mid South Homebuyers Gp $8,000 Saddle Creek Title Llc
Luo Ming $18,000 None Available
Mercer Land Trust 2864 -- None Available
Three D Holdings Lp $9,900 None Available
Deutsche Bank Trust Company Americas $6,800 None Available
Sims Daniel Nathan $64,000 None Available
Home Owners Unlimited Llc $30,000 None Available
Lam Gen Q $25,000 --
Deutsche National Trust Co $17,112 --
Hansard Steve M $23,000 --
Chase Mtg Holdings Inc $28,050 --
Warren Rex -- Mid America Title Agency Inc
Warren Rex -- Mid America Title Agency Inc
Warren Rex -- Mid America Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims Daniel Nathan $3,200
Previous Owner Sims Daniel Nathan $57,600
Previous Owner Home Owners Unlimited Llc $30,000
Previous Owner Hansard Steve M $50,400
Previous Owner Hansard Steve M $48,000
Previous Owner Davidson Rebecca A $38,250
Previous Owner Davidson Rebecca A $59,113
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $18,000 -37.9% $13 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $29,000 -- $21 / 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 $532 $30,600 $1,650 $28,950
2024 $532 $15,700 $1,350 $14,350
2023 $956 $15,700 $1,350 $14,350
2022 $956 $15,700 $1,350 $14,350
2021 $542 $15,700 $1,350 $14,350
2020 $612 $8,450 $1,350 $7,100
2019 $270 $8,450 $1,350 $7,100
2018 $270 $8,450 $1,350 $7,100
2017 $276 $8,450 $1,350 $7,100
2016 $317 $7,250 $0 $0
2014 $349 $7,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glenn McDonald

    Seller's Agent in 2016

    Glenn McDonald

    Integrated Assets

    (901) 289-1374

    1 in this area

    57 Total Sales

    Glenn McDonald
    Section Image
  • Jill White

    Buyer's Agent in 2016

    Jill White

    Fast Track Realty, LLC

    (901) 359-9651

    1 in this area

    60 Total Sales

    Jill White
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9973496

Memphis Area Association of REALTORS®

APN: 07-0084-0-0011

Tennessee Shelby County Memphis 38127 Frayser

2864 Mercer Dr, Memphis, TN

This home is located at 2864 Mercer Dr, Memphis, TN 38127 since 27 March 2016 and is currently estimated at $85,666, approximately $53 per square foot. This property was built in 1931. 2864 Mercer Dr is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Cornerstone Prep Denver Campus.

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