NOT LISTED FOR SALE

2866 Spring Hill Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $146,000 - $162,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $130,000 $65 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $890/month

Highlights

  • Community Lake
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 4-minute walk to Ellis Park

About This Home

As of June 2020

Beautifully remodeled home in Sky Lake subdivision. New roof, New floors, All new kitchen cabinets and appliances, and updated bathrooms. This home is move in ready and just waiting on you to call it home. With 2 bedrooms down and 2 more up it offers tons of space. It also have a formal living room and den with an eat in kitchen. Private back yard and fabulous curb appeal. DO not miss this jewel of a house . Set your private viewing today.

Last Agent to Sell the Property

Tina Andrade

Fast Track Realty, LLC License #278608 Listed on: 05/12/2020

Co-Listed By

Jill White

Fast Track Realty, LLC License #332230

Last Buyer's Agent

Cedric Brown

Crye-Leike, Inc., REALTORS License #305107

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,616 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments
  • Separate Formal Living Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sky Lake S/D Sec E Revised Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 072107 00084

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727E
  • MAAR Subdivision Name: SKY LAKE SEC E
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 80.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1616
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Smoke Detector(s)
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 305
  • Acreage: 0.26
  • Lot Size: 0.26 acres
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 072107 00084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 22, 2020
Sold by
Credit And Wealth Solutions Llc
Bought by
Veasley Jimmy
Seller's Agent
Tina Andrade
Fast Track Realty, LLC
Buyer's Agent
Cedric Brown
Crye-Leike, Inc., REALTORS
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$154,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,241
Avg. Annual Appreciation
3.25%
Original Mortgage
$130,000
Outstanding Balance
$115,235
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$39,006

Purchase Details

Closed on
Apr 5, 2019
Sold by
Gentry Henry Frank
Bought by
Credit And Wealth Solutions Llc
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
Veasley Jimmy $130,000 River Bluff Tile Llc
Credit And Wealth Solutions Llc $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veasley Jimmy $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $130,000 0.0% $72 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $130,000 -- $72 / 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 $973 $36,425 $3,375 $33,050
2024 $973 $28,700 $2,600 $26,100
2023 $1,748 $28,700 $2,600 $26,100
2022 $1,748 $28,700 $2,600 $26,100
2021 $990 $28,700 $2,600 $26,100
2020 $1,132 $15,625 $2,600 $13,025
2019 $499 $15,625 $2,600 $13,025
2018 $499 $15,625 $2,600 $13,025
2017 $511 $15,625 $2,600 $13,025
2016 $702 $16,075 $0 $0
2014 $702 $16,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076406

Memphis Area Association of REALTORS®

APN: 07-2107-0-0084