NOT LISTED FOR SALE

2886 Lake Park Rd Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $80,000 - $106,000

3 Beds
2 Baths
1,097 Sq Ft
$86/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $6,000 $5 Per Sq Ft

Est. 1,479% increase in value since last sale

Current estimated payment $547/month

Highlights

  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Concrete Flooring
  • Porch
  • Dining Room
  • Level Lot

About This Home

As of July 2012

This home is located at 2886 Lake Park Rd, Memphis, TN 38127 since 02 July 2012 and is currently estimated at $94,758, approximately $86 per square foot. This property was built in 1974. 2886 Lake Park Rd is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

Last Agent to Sell the Property

Robert Vaughn

The Carter Group LLC, REALTORS License #233832 Listed on: 07/02/2012

Last Buyer's Agent

Robert Vaughn

The Carter Group LLC, REALTORS License #233832 Listed on: 07/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1974

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 1,097 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport

Outdoor Features

  • Porch

Community Details

  • Schoolfield St Elmo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072121 A00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 725F
  • MAAR Subdivision Name: SCHOOLFIELD ST ELMO
  • Number Of Stories: 1
  • Price Per Sq Ft: 5.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1097
  • Year Built: 1974
  • Special Features: None
  • 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: Concrete Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.24
  • Lot Size: .2

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072121 A00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2014
Sold by
Dawson Tad
Bought by
Dawson Tad Matthew
Current Estimated Value
$94,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Outstanding Balance
$31,541
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$63,217

Purchase Details

Closed on
Oct 3, 2014
Sold by
Fist Premier Properties Llc
Bought by
Dawsoin Tad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Outstanding Balance
$31,541
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$63,217

Purchase Details

Closed on
Jun 25, 2014
Sold by
Watters Tab
Bought by
Spangenberg Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jul 13, 2012
Sold by
United Housing Inc
Bought by
First Premier Properties Llc
Seller's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
Buyer's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
List Price
$10,000
Sold Price
$6,000
Premium/Discount to List
-$4,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%

Purchase Details

Listed on
Nov 23, 2011
Closed on
Apr 27, 2012
Sold by
Bank Of America Na
Bought by
United Housing Inc
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$12,500

Purchase Details

Closed on
Jun 15, 2011
Sold by
Jones Levone and Jones Anette
Bought by
Bank Of America N A

Purchase Details

Closed on
Jul 16, 2007
Sold by
Callicutt Sandra D
Bought by
Jones Levone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Dawson Tad Matthew -- None Available
Dawsoin Tad $34,250 Baymark Title & Escrow Svcs
First Premier Properties Llc -- Baymark Title & Escrow Svcs
First Premier Properties Llc -- Baymark Title & Escrow Svcs
Spangenberg Nick $25,000 Baymark Title & Escrow Svcs
First Premier Properties Llc $6,000 Baymark Title
United Housing Inc $14,175 None Available
Bank Of America N A $16,650 None Available
Jones Levone $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson Tad Matthew $41,250
Closed Dawsoin Tad $36,841
Previous Owner Spangenberg Nick $25,000
Previous Owner Jones Levone $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2012 07/13/12 Sold $6,000 -40.0% $5 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $10,000 -20.0% $9 / Sq Ft
04/27/2012 04/27/12 Sold -- -- -- View Prior Sale
12/01/2011 12/01/11 Pending -- -- --
11/23/2011 11/23/11 For Sale $12,500 -- $13 / 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 $540 $21,975 $2,750 $19,225
2024 $540 $15,925 $1,925 $14,000
2023 $970 $15,925 $1,925 $14,000
2022 $970 $15,925 $1,925 $14,000
2021 $981 $15,925 $1,925 $14,000
2020 $893 $12,325 $1,925 $10,400
2019 $893 $12,325 $1,925 $10,400
2018 $893 $12,325 $1,925 $10,400
2017 $507 $12,325 $1,925 $10,400
2016 $552 $12,625 $0 $0
2014 $552 $12,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Robert Vaughn

    The Carter Group LLC, REALTORS

    (901) 652-4634

    3 in this area

    21 Total Sales

    Robert Vaughn
    Section Image
  • Greg Glosson

    Seller's Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    13 Total Sales

    Greg Glosson
    Section Image

  • N

    Buyer's Agent in 2012

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3251186

Memphis Area Association of REALTORS®

APN: 07-2121-A0-0005

Tennessee Shelby County Memphis 38127 Frayser

2886 Lake Park Rd, Memphis, TN

This home is located at 2886 Lake Park Rd, Memphis, TN 38127 since 02 July 2012 and is currently estimated at $94,758, approximately $86 per square foot. This property was built in 1974. 2886 Lake Park Rd is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Grandview Heights Middle, and Trezevant High School.

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