NOT LISTED FOR SALE

2870 Executive Dr Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $147,000 - $180,034

3 Beds
2 Baths
1,600-1,799 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $155,000 $86 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $978/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • Wood Flooring
  • Eat-In Kitchen
  • 4-minute walk to Wilson Park

About This Home

As of March 2024

Great chance for investors to FLIP - ARV is $185-190,000 and market rent is $1450! House does need some cosmetic work but has a lot of sq.ft.age and a 2-car garage. Or, if you don't mind dong some work, move in and get started! Seller is selling AS-IS, property does need work. May not pass FHA process, but swing by and check it out to see for yourself! Seller WILL NOT entertain seller-financing or other 'creative' or wholesaler/assignable offers.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 02/24/2024

Last Buyer's Agent

Cristian Amparan

The Home Partners Realty License #351241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 1966

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x117
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,755 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Iron Doors
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Meadow Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074089 00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,117

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 784B
  • MAAR Subdivision Name: MEADOW LAKE
  • Number Of Stories: 1
  • Price Per Sq Ft: 88.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1755
  • Year Built: 1966
  • List Price/ Sq Ft: 77
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence
  • 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

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 7
  • Acreage: 0.22
  • Lot Size: 80X117
  • Price Per Acre: 613182

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074089 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 21, 2024
Sold by
Kjd 2 Llc
Bought by
Fairmont Enterprises Llc
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Cristian Amparan
The Home Partners Realty
List Price
$134,900
Sold Price
$155,000
Premium/Discount to List
$20,100
14.9%
Views
25
Current Estimated Value
$166,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,259
Avg. Annual Appreciation
4.63%
Original Mortgage
$124,000
Outstanding Balance
$91,167
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$75,092

Purchase Details

Closed on
Dec 7, 2015
Sold by
Disalvo Timothy F and Disalvo Victoria C
Bought by
Kjd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Disalvo Timothy E and Disalvo Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,100
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2009
Sold by
Lasalle Bank National Association
Bought by
Boone Jeffrey and Boone Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,100
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2008
Sold by
Brown Charles
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Mar 22, 2007
Sold by
Francis Anne and Francis Michael
Bought by
Brown Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,990
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
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
Fairmont Enterprises Llc $155,000 Local Title
Kjd Llc $80,000 Saddle Creek Title Llc
Disalvo Timothy E $65,000 None Available
Boone Jeffrey $59,000 None Available
Lasalle Bank Na $71,130 None Available
Brown Charlie $114,950 First National Fincl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairmont Enterprises Llc $124,000
Previous Owner Kjd Llc $64,000
Previous Owner Disalvo Timothy E $57,100
Previous Owner Brown Charlie $22,990
Previous Owner Brown Charlie $91,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $155,000 +14.9% $97 / Sq Ft
02/24/2024 02/24/24 For Sale $134,900 -- $84 / 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 $1,117 $39,800 $5,750 $34,050
2024 $1,117 $32,950 $5,000 $27,950
2023 $2,007 $32,950 $5,000 $27,950
2022 $2,007 $32,950 $5,000 $27,950
2021 $2,031 $32,950 $5,000 $27,950
2020 $1,449 $20,000 $5,000 $15,000
2019 $1,449 $20,000 $5,000 $15,000
2018 $1,449 $20,000 $5,000 $15,000
2017 $914 $22,250 $5,000 $17,250
2016 $976 $22,325 $0 $0
2014 $976 $22,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall

    Seller's Agent in 2024

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    2 in this area

    212 Total Sales

    Randall Weatherall
    Section Image
  • Cristian Amparan

    Buyer's Agent in 2024

    Cristian Amparan

    The Home Partners Realty

    (901) 350-5550

    5 in this area

    288 Total Sales

    Cristian Amparan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10166513

Memphis Area Association of REALTORS®

APN: 07-4089-0-0055

Tennessee Shelby County Memphis 38115 Fox Meadows

2870 Executive Dr, Memphis, TN

This home is located at 2870 Executive Dr, Memphis, TN 38115 since 24 February 2024 and is currently estimated at $166,259, approximately $92 per square foot. This property was built in 1966. 2870 Executive Dr is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Cornerstone Prep School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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