NOT LISTED FOR SALE

2886 Watson St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $94,000 - $181,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $96,000 $69 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $692/month

4 Days on Market

About This Home

As of January 2025

What 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.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 12/19/2024

Last Buyer's Agent

Mitchell Meyer

Reedy & Company, REALTORS License #356049

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x130

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,382 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Colony Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073047 00042

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONY PARK BLK A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1382
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 3
  • Acreage: 0.17
  • Lot Size: 60X130
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 073047 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2025
Sold by
Thuyamany Philipnary
Bought by
Mega Property Memphis Llc
Current Estimated Value
$123,902

Purchase Details

Closed on
Jul 31, 2025
Sold by
Memphis Investment Properties Iv Llc
Bought by
Thuyamany Philipnary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 14, 2025
Sold by
Vb Two Llc
Bought by
Memphis Investment Properties Iv Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Mitchell Meyer
Reedy & Company, REALTORS
List Price
$85,900
Sold Price
$96,000
Premium/Discount to List
$10,100
11.76%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.37%
Original Mortgage
$132,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc

Purchase Details

Closed on
Jan 8, 2020
Sold by
Mdm Investments Of Memphis Llc
Bought by
Vb One Llc

Purchase Details

Closed on
Jul 27, 2016
Sold by
County Of Shelby
Bought by
Lockbox And Key Investments

Purchase Details

Closed on
Feb 28, 1997
Sold by
Jacobs Russ E and Jacobs Valerie Hunicutt
Bought by
Dixon Tarrance and Stafford Tracy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,152
Interest Rate
7.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mega Property Memphis Llc -- Southern States Title
Thuyamany Philipnary $176,800 Southern States Title
Memphis Investment Properties Iv Llc $96,000 Closetrak Title Llc
Vb Two Llc -- None Available
Vb One Llc $48,000 Preferred Land T&E Llc
Lockbox And Key Investments $13,000 None Available
Dixon Tarrance $51,900 --
Dixon Tarrance $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thuyamany Philipnary $132,600
Previous Owner Memphis Investment Properties Iv Llc $132,000
Previous Owner Dixon Tarrance $45,152
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $96,000 +11.8% $80 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $85,900 -- $72 / 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 $592 $34,875 $4,075 $30,800
2024 $592 $17,475 $3,000 $14,475
2023 $1,065 $17,475 $3,000 $14,475
2022 $1,065 $17,475 $3,000 $14,475
2021 $603 $17,475 $3,000 $14,475
2020 $639 $8,825 $3,000 $5,825
2019 $282 $8,825 $3,000 $5,825
2018 $282 $8,825 $3,000 $5,825
2017 $289 $8,825 $3,000 $5,825
2016 $0 $0 $0 $0
2014 $567 $12,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2025

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    122 in this area

    1,406 Total Sales

    Dean Harris
    Section Image
  • Mitchell Meyer

    Buyer's Agent in 2025

    Mitchell Meyer

    Reedy & Company, REALTORS

    (814) 389-3870

    3 in this area

    73 Total Sales

    Mitchell Meyer
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186935

Memphis Area Association of REALTORS®

APN: 07-3047-0-0042

Tennessee Shelby County Memphis 38118 Parkway Village

2886 Watson St, Memphis, TN

Not Listed for Sale

Detached

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