NOT LISTED FOR SALE

2878 Rainier Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $92,000 - $151,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$56/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $42,000 $21 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $643/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows
  • Wood Flooring
  • Den
  • Porch

About This Home

As of April 2014

Well maintained 4BR, 2BA, 1-story home* Hardwood under carpet* 1-car garage plus 1-car carport* Large fenced yard & storage building* Central Heat & Air* Security System*

Last Agent to Sell the Property

Lee McWaters

McWaters & Associates License #234109 Listed on: 12/31/2013

Co-Listed By

Shannan McWaters

The Firm License #320927

Last Buyer's Agent

Joyce Bernardini

Century 21 Prestige License #232924

Century 21 Prestige

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 17,860 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,830 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Front Facing Garage

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Alta Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070039 00013

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.41 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: EVEREST
  • MAAR Subdivision Name: ALTA VISTA
  • Freestanding: Yes
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1830
  • Termite Contract: Yes
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Hardwood Floor, Carpet
  • Bedroom 3 Description: Level 1, Hardwood Floor, Carpet
  • Bedroom 4 Description: Level 1, Hardwood Floor, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s), Monitored Alarm
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch
  • Exterior Windows: Wood Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Chain Fenced
  • Lot Number: W PT 32
  • Acreage: 0.41
  • Lot Size: 131.91/81.82 X 181.6/151.35

Tax Info

  • Assessor Parcel Number: 070039 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2013
Closed on
Apr 28, 2014
Sold by
Freeze Mattie Cochran
Bought by
Martinez Alberta M
Seller's Agent
Lee McWaters
McWaters & Associates
Buyer's Agent
Joyce Bernardini
Century 21 Prestige
List Price
$48,500
Sold Price
$42,000
Premium/Discount to List
-$6,500
-13.4%
Current Estimated Value
$112,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,190
Avg. Annual Appreciation
8.59%
Original Mortgage
$357,000
Outstanding Balance
$109,886
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$2,304
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Alberta M $42,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alberta M $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $42,000 -13.4% $23 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $48,500 -- $27 / 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
2025 $637 $28,175 $1,950 $26,225
2024 $637 $18,800 $1,725 $17,075
2023 $1,145 $18,800 $1,725 $17,075
2022 $1,145 $18,800 $1,725 $17,075
2021 $1,159 $18,800 $1,725 $17,075
2020 $864 $11,925 $1,725 $10,200
2019 $864 $11,925 $1,725 $10,200
2018 $864 $11,925 $1,725 $10,200
2017 $490 $11,925 $1,725 $10,200
2016 $518 $11,850 $0 $0
2014 $518 $11,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lee McWaters

    McWaters & Associates

    Section Image
  • Shannan McWaters

    Seller Co-Listing Agent in 2014

    Shannan McWaters

    The Firm

    (901) 413-7318

    227 Total Sales

    Shannan McWaters
    Section Image

  • J

    Buyer's Agent in 2014

    Joyce Bernardini

    Century 21 Prestige

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3287743

Memphis Area Association of REALTORS®

APN: 07-0039-0-0013

Tennessee Shelby County Memphis 38127 Frayser

2878 Rainier Dr, Memphis, TN

Not Listed for Sale

Detached

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