NOT LISTED FOR SALE

2881 Knightway Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $142,000 - $162,000

3 Beds
1.5 Baths
1,268 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $39,000 $31 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $911/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • 1 Fireplace
  • Central Heating
  • Wall to Wall Carpet

About This Home

As of October 2016

Investor Special! Sold "AS IS". Just needs a little TLC to make this a special home!

Last Listed By

Alison Restivo

The Restivo Group, REALTORS License #274936 Listed on: 08/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1965

Lot Details

  • 9,148

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • 9,148 Sq Ft Lot
  • Central Heating

Community Details

  • Cottonwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073022 00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772B
  • MAAR Subdivision Name: COTTONWOOD PARK
  • List Price Per Sq Ft: 35
  • Number Of Stories: 1
  • Price Per Sq Ft: 30.76
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1268
  • Year Built: 1965
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Number: 127
  • Acreage: 0.21
  • Price Per Acre: 214286

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073022 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Rogers Jeremy Wayne and Callaway Katon
Bought by
Jkorp Llc
Total Days on Market
48
Current Estimated Value
$152,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,500
Outstanding Balance
$367,019
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$235,502

Purchase Details

Closed on
Dec 14, 2016
Sold by
Mid South Homebuyers Inc
Bought by
Rogers Jeremy Wayne and Callaway Katon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 7, 2016
Sold by
Alliance Realty Capital Llc
Bought by
Midsouth Homebuyers Inc
Seller's Agent
Alison Restivo
The Restivo Group, REALTORS
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$45,000
Sold Price
$39,000
Premium/Discount to List
-$6,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%

Purchase Details

Closed on
Feb 11, 2016
Sold by
Jones Cynthia Y and Jones Roderick A
Bought by
Alliance Realty Capital Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Thompson Merle
Bought by
Jones Roderick A and Jones Cynthia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,575
Interest Rate
9.75%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Jkorp Llc -- Saddle Creek Title Llc
Rogers Jeremy Wayne $79,000 Saddle Creek Title Llc
Midsouth Homebuyers Inc $39,000 Saddle Creek Title Llc
Alliance Realty Capital Llc $41,500 Attorney
Jones Roderick A $78,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jkorp Llc $396,500
Previous Owner Rogers Jeremy Wayne $63,200
Previous Owner Jones Roderick A $74,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $39,000 -13.3% $31 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $45,000 -- $35 / 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
2024 $708 $20,875 $2,875 $18,000
2023 $1,272 $20,875 $2,875 $18,000
2022 $1,272 $20,875 $2,875 $18,000
2021 $566 $20,875 $2,875 $18,000
2020 $1,408 $19,425 $2,875 $16,550
2019 $621 $19,425 $2,875 $16,550
2018 $621 $19,425 $2,875 $16,550
2017 $635 $19,425 $2,875 $16,550
2016 $613 $14,025 $0 $0
2014 $613 $14,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    23 Total Sales

    Alison Restivo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9983264

Memphis Area Association of REALTORS®

APN: 07-3022-0-0037

Tennessee Shelby County Memphis 38118 Parkway Village

2881 Knightway Rd, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2881 Knightway Rd, Memphis, TN 38118 since 01 August 2016 and is currently estimated at $152,333, approximately $120 per square foot. This property was built in 1965. 2881 Knightway Rd is a home located in Shelby County with nearby schools including Parkway Village Elementary School, American Way Middle School, and Sheffield High School.

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