NOT LISTED FOR SALE

2874 Spring Hill Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $145,915 - $170,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2021

Last sale price $134,000 $84 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $947 / mo

19 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Attic
  • 5-minute walk to Ellis Park

About This Home

As of May 2021

Adorable updated home in Sky Lake. No investors, the HOA restricts rentals. New paint, new HVAC, new water heater, new kitchen countertops, new roof, fenced in back yard and awesome community.

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 04/15/2021

Last Buyer's Agent

Cole Glover

Keller Williams License #354486

Keller Williams

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x127
  • Chain Link Fence
  • Landscaped

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,502 Sq Ft Home
  • 1-Story Property
  • Den
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • Sky Lake S/D Sec E Revised Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 072107 00085

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

10,019 Sq Ft Lot

HOA Fees

$8 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SKY LAKE SEC E
  • List Price Per Sq Ft: 83
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1502
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Den, LR/DR Combination, Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1, Half Bath, Hardwood Floor
  • Master Bedroom Dimensions: 11x11
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Bonus Room, Attic

Exterior Features

  • Misc Exterior: Patio, Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 100
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Landscaped, Chain Fenced
  • Lot Number: 306
  • Acreage: 0.23
  • Lot Size: 80X127

Tax Info

  • Assessor Parcel Number: 072107 00085

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 17, 2021
Sold by
Bought by
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Cole Glover
Keller Williams
List Price
$124,900
Sold Price
$134,000
Premium/Discount to List
$9,100
7.29%
Current Estimated Value
$154,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,979
Avg. Annual Appreciation
2.79%
Original Mortgage
$128,040
Outstanding Balance
$113,790
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$41,189

Purchase Details

Closed on
Apr 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,287
Interest Rate
6.37%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Frayser, TN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$134,000 Closetrak
$82,502 None Available
$78,500 Signature Title & Escrow Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $128,040
Previous Owner $77,287
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $134,000 +7.3% $96 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $124,900 -- $89 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,070 $39,775 $3,375 $36,400
2024 $892 $26,325 $2,600 $23,725
2023 $1,604 $26,325 $2,600 $23,725
2022 $1,604 $26,325 $2,600 $23,725
2021 $1,168 $18,950 $2,600 $16,350
2020 $437 $13,675 $2,600 $11,075
2019 $437 $13,675 $2,600 $11,075
2018 $437 $13,675 $2,600 $11,075
2017 $447 $13,675 $2,600 $11,075
2016 $618 $14,150 $0 $0
2014 $618 $14,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10097164

Memphis Area Association of REALTORS®

APN: 07-2107-0-0085

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