NOT LISTED FOR SALE

2871 W Lake Shore Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $164,000 - $205,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $21,000 $9 Per Sq Ft

Est. 778% increase in value since last sale

Current estimated payment $1,069/month

144 Days on Market

Highlights

  • 0.87 Acre Lot
  • Traditional Architecture
  • Separate Formal Living Room
  • Deck
  • Main Floor Primary Bedroom
  • Den

About This Home

As of March 2012

4 bedrooms and 2 baths in Sky Lake Approved for HomePath Renovation Mtg Financing.

Last Agent to Sell the Property

Walter Dunn

Walter Dunn and Associates License #230411 Listed on: 10/10/2011

Co-Listed By

Rachel Dunn Williams

Keller Williams License #262669

Last Buyer's Agent

A.J. Lamar

Hayes Homes and Realty, Inc License #257463

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.87 Acre Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,250 Sq Ft Home
  • 1.1-Story Property
  • Separate Formal Living Room
  • Breakfast Room
  • Den
  • Laundry Room

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Skylake Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072107 00178

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SKY LAKE SEC B
  • Number Of Stories: 1.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2250
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Separate Breakfast Room
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces

Utilities

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

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 107
  • Acreage: 0.87
  • Lot Size: .87

Tax Info

  • Assessor Parcel Number: 072107 00178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Mar 26, 2012
Sold by
Fannie Mae
Bought by
Stewart Anthony and Stewart Donna
Seller's Agent
Walter Dunn
Walter Dunn and Associates
Buyer's Agent
A.J. Lamar
Hayes Homes and Realty, Inc
List Price
$69,900
Sold Price
$21,000
Premium/Discount to List
-$48,900
-69.96%
Current Estimated Value
$184,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,334
Avg. Annual Appreciation
17.11%

Purchase Details

Closed on
Jun 22, 2011
Sold by
Dennis Clarence
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 20, 2007
Sold by
Billingsley Jerry W
Bought by
Dennis Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2007
Sold by
Hoover Michelle Billingsley and Billingsley Sammy
Bought by
Billingsley Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2001
Sold by
Billingsley Jerry W
Bought by
Hoover Michelle Billingsley and Billingsley Sammy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stewart Anthony $21,000 None Available
Federal National Mortgage Association $31,500 None Available
Dennis Clarence $105,000 Tam Title & Escrow Llc
Billingsley Jerry W -- None Available
Hoover Michelle Billingsley -- --
Hoover Michelle Billingsley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Clarence $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $21,000 -70.0% $10 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $69,900 -- $32 / 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 $1,185 $47,700 $3,375 $44,325
2024 $1,185 $34,950 $2,600 $32,350
2023 $2,129 $34,950 $2,600 $32,350
2022 $2,129 $34,950 $2,600 $32,350
2021 $2,154 $34,950 $2,600 $32,350
2020 $1,844 $25,450 $2,600 $22,850
2019 $1,844 $25,450 $2,600 $22,850
2018 $1,844 $25,450 $2,600 $22,850
2017 $1,046 $25,450 $2,600 $22,850
2016 $954 $21,825 $0 $0
2014 $954 $21,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Walter Dunn

    Walter Dunn and Associates

  • R

    Seller Co-Listing Agent in 2012

    Rachel Dunn Williams

    Keller Williams

    (901) 756-0025

    2 Total Sales

    Rachel Dunn Williams
    Section Image

  • A

    Buyer's Agent in 2012

    A.J. Lamar

    Hayes Homes and Realty, Inc

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3233968

Memphis Area Association of REALTORS®

APN: 07-2107-0-0178

Tennessee Shelby County Memphis 38127 Frayser

2871 W Lake Shore Dr, Memphis, TN

Not Listed for Sale

Detached

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