2878 Dumbarton Oaks Dr Memphis, TN 38127
Frayser Neighborhood
3
Beds
1.5
Baths
1,200-1,399
Sq Ft
10,454
Sq Ft Lot
About This Home
As of September 2024What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $642
Year Built
- Built in 1968
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 82x130
Parking
- 1 Parking Space
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,262 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Community Details
- Sky Lake S/D Sec E Revised Subdivision
Listing and Financial Details
- Assessor Parcel Number 072107 00111
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2024
Closed on
Sep 27, 2024
Sold by
Watkins Kerry
Bought by
Goldstar Homes Llc
Seller's Agent
Martin Thomas
BEST Real Estate Company
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Total Days on Market
51
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,982
Avg. Annual Appreciation
-3.42%
Purchase Details
Listed on
Jul 1, 2023
Closed on
Sep 5, 2023
Sold by
Vb One Llc
Bought by
Watkins Kerry
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Martin Thomas
BEST Real Estate Company
List Price
$80,000
Sold Price
$75,500
Premium/Discount to List
-$4,500
-5.62%
Views
300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.97%
Purchase Details
Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,410,000
Interest Rate
4.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2014
Sold by
Miller Ewell and Guenther Hans
Bought by
Prager Property Owners 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 2008
Sold by
Douthet Trevecca
Bought by
Guenther Hans and Miller Ewell
Purchase Details
Closed on
Oct 21, 2003
Sold by
Woolley Walter W
Bought by
Douthet Trevecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | None Listed On Document | |
| Warranty Deed | $75,500 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $1,675,892 | None Available | |
| Trustee Deed | $17,216 | None Available | |
| Warranty Deed | $74,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000,000 | Commercial | |
| Previous Owner | $7,410,000 | Commercial | |
| Previous Owner | $50,000,000 | Purchase Money Mortgage | |
| Previous Owner | $49,900 | Purchase Money Mortgage | |
| Closed | $25,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $130,000 | -3.6% | $108 / Sq Ft |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | Price Changed | $134,900 | -3.6% | $112 / Sq Ft |
| 07/13/2024 07/13/24 | For Sale | $139,900 | 0.0% | $117 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 06/22/2024 06/22/24 | For Sale | $139,900 | +85.3% | $117 / Sq Ft |
| 09/06/2023 09/06/23 | Sold | $75,500 | +0.7% | $63 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/09/2023 08/09/23 | Price Changed | $75,000 | -6.3% | $63 / Sq Ft |
| 07/01/2023 07/01/23 | For Sale | $80,000 | -- | $67 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $642 | $18,925 | $2,600 | $16,325 |
| 2023 | $1,153 | $18,925 | $2,600 | $16,325 |
| 2022 | $1,153 | $18,925 | $2,600 | $16,325 |
| 2021 | $1,166 | $18,925 | $2,600 | $16,325 |
| 2020 | $1,007 | $13,900 | $2,600 | $11,300 |
| 2019 | $444 | $13,900 | $2,600 | $11,300 |
| 2018 | $444 | $13,900 | $2,600 | $11,300 |
| 2017 | $455 | $13,900 | $2,600 | $11,300 |
| 2016 | $552 | $12,625 | $0 | $0 |
| 2014 | $552 | $12,625 | $0 | $0 |
Source: Public Records
Source: Memphis Area Association of REALTORS®
MLS Number: 10151369
APN: 07-2107-0-0111
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